Gokul Refoils and Solvent Ltd. Announces Q2 Results and Board Approvals; Appoints New Director
Gokul Refoils and Solvent Limited provided updates on its financial performance for the quarter ending June 30, 2026, detailing both standalone and consolidated results, alongside significant governance changes at its Board of Directors meeting held on August 13, 2026.The company reported varied outcomes across its various operations, with net profits being reported in the hundreds of millions of rupees (Rs.) for the quarter across different reporting metrics.
Q2 Financial Performance Review (Quarter ended June 30, 2026)
The Board considered and approved the Unaudited Standalone and Consolidated Financial Results of Gokul Refoils and Solvent Limited.In terms of standalone performance, the company reported a Revenue from Operations of 2,163.67 (Rs. in Lakhs), leading to a Total Income of 2,322.50 (Rs. in Lakhs). Net Profit for the period after tax was reported at 134.81, while Total Comprehensive Income stood at 133.57.
The consolidated figures showed substantial operational scale, with Revenue from Operations reaching 1,01,674.83 (Rs. in Lakhs). The Group achieved a Total Income of 1,02,022.39 (Rs. in Lakhs), resulting in Net Profit for the period after tax of 608.34 and Total Comprehensive Income of 602.50.
A summary of the unaudited standalone financial results is provided below:
| Particular | Revenue from Operations (Rs. In Lakhs) | Total Income (Rs. In Lakhs) | Net Profit for the Period After Tax (Rs. In Lakhs) | Total Comprehensive Income (Rs. In Lakhs) |
|---|---|---|---|---|
| Quarter Ended June 30, 2026 | 2,163.67 | 2,322.50 | 134.81 | 133.57 |
The consolidated performance for the same period is summarized as follows:
| Particular | Revenue from Operations (Rs. In Lakhs) | Total Income (Rs. In Lakhs) | Net Profit for the Period After Tax (Rs. In Lakhs) | Total Comprehensive Income (Rs. In Lakhs) |
|---|---|---|---|---|
| Quarter Ended June 30, 2026 | 1,01,674.83 | 1,02,022.39 | 608.34 | 602.50 |
Director Appointments and Reappointments
The Board of Directors approved key appointments and re-appointments based on the recommendation of the Nomination and Remuneration Committee. The appointments include:- Mrs. Mansi Viral Parikh: She was appointed as an Additional Director, designated as an Independent Director for a term of one year. This appointment is effective from September 10, 2026, and ends on September 9, 2027. Mrs. Parikh is identified as a Chartered Accountant with over 20 years of professional experience in finance and accounts.
- Mr. Jayendrasinh Pratapsinh Gharia: He was re-appointed as an Independent Director for a second term spanning five consecutive years. The re-appointment commenced on November 9, 2026, and is set to conclude on November 8, 2031. Mr. Gharia holds a B.Sc. degree and an MBA in Marketing, bringing over 35 years of experience from the agri-input industry.
Board Committee Reconstitution
The meeting also approved the reconstitution of several key Board Committees, effective September 10, 2026, following changes to the Board composition due to the new appointments. These committees include:| Committee Name | Key Members and Roles |
|---|---|
| Audit Committee | Jayendrasinh Pratapsinh Gharia (Chairperson), Mansi Viral Parikh (Member), Shaunak Bhikhalal Mandalia (Member) |
| Nomination and Remuneration Committee | Jayendrasinh Pratapsinh Gharia (Chairperson), Mansi Viral Parikh (Member), Pankaj Granthsingh Kumar (Member) |
| Stakeholders Relationship Committee | Jayendrasinh Pratapsinh Gharia (Chairperson), Mansi Viral Parikh (Member), Pankaj Granthsingh Kumar (Member) |
GOKUL Stock Price Movement
On Thursday, shares of Gokul Refoils and Solvent Limited slipped 0.53%, closing at ₹39.34 after shedding ₹0.21 from the previous close. The stock traded within a daily range of ₹39.25 to ₹40.53, with total traded volume reaching 155,827 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.
Last edited by a moderator: