Gujarat Fluorochemicals Announces Q2 Results and Key Board Appointments
Gujarat Fluorochemicals Limited reported its unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026. The company also announced several changes in senior management following a recent Board meeting held on August 12, 2026.The Board Meeting approved the unaudited financial results along with Limited Review Reports. Key personnel changes included the re-appointment of Dr. Bir Kapoor as Deputy Managing Director and the appointment of Mr. Jignesh Kantilal Parmar as an Additional and Whole-time Director, while confirming the resignation of Mr. Shesh Narayan Pandey.
Personnel Changes at GFCL
The company made notable appointments and received a resignation during the meeting regarding directorial positions:- Dr. Bir Kapoor: Was re-appointed as Deputy Managing Director for a period of three years, effective from November 3, 2026, subject to shareholder approval.
- Mr. Niraj Kishore Agnihotri: Was re-appointed as Whole-time Director for one year, with effect from November 11, 2026, pending shareholder approval.
- Mr. Jignesh Kantilal Parmar: Was appointed as an Additional and Whole-time Director for a period of one year, effective August 12, 2026, subject to shareholder approval.
- Mr. Shesh Narayan Pandey: Tendered his resignation as Whole-time Director and Director, effective August 12, 2026, citing personal reasons.
Financial Performance for Quarter Ended June 30, 2026
The company released financial data reflecting the performance across different operational scopes. The key results are summarized below:Unaudited Standalone Financial Results (Quarter ended 30 June 2026)
| Particulars | Value |
|---|---|
| Revenue from operations | 1,302 |
| Total Income | 1,309 |
| Total expenses | 1,037 |
| Profit before tax | 272 |
| Profit for the period | 201 |
Unaudited Consolidated Financial Results (Quarter ended 30 June 2026)
| Particulars | Value |
|---|---|
| Revenue from operations | 1,588 |
| Total Income | 1,600 |
| Total expenses | 1,288 |
| Profit before tax (before exceptional items) | 310 |
| Profit for the period attributable to Owners of the Company | 212 |
Segment and Strategic Investments
The Group operates two reportable business segments: 'Chemicals' and 'EV Products'. The segment performance data highlights operational focus areas.Consolidated Segment Information (Quarter ended June 30, 2026)
| Segment | Revenue from Operations | EBITDA | PBT after Exceptional Items |
|---|---|---|---|
| Chemicals | 1,610 | 458 | 352 |
| EV Products | (30) | (30) | (42) |
The company also disclosed significant investments made during the quarter ended June 30, 2026:
- GFCL EV Products Limited received an investment of 290.00 Crores in 0.01% Non-convertible Redeemable Preference Shares of Re. 1 each from GFCL EV Products Limited.
- Flurry Wind Energy Private Limited was invested with Rs. 12 Crores in Equity Shares of Rs. 10 each and Rs. 40.00 Crores in 0.01% Non-cumulative, unlisted, Optionally Convertible Participating, Redeemable Preference Shares of Rs. 10 each.
- GFCL New Age Materials SAOC received an investment of 0.11 Crore in Equity Shares of OMR 1 each.
The company continues to pursue the Composite Scheme of Arrangement involving various entities, which includes the demerger of the Wind Business and subsequent amalgamation of ILFL into GFCL. The companies involved are currently taking further actions for obtaining regulatory approval to implement the scheme.
FLUOROCHEM Stock Price Movement
Shares of Gujarat Fluorochemicals Limited are surging to ₹4607.6 as of 3:07 PM today, rallying robustly after gaining 4.33% in live market trading. This strong performance sees the stock hitting its 52-week high, amid a daily traded volume exceeding 731,644 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.
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