Honda India Power Products Ltd Announces CFO Appointment and Releases Unaudited Financial Results
Honda India Power Products Limited reported its unaudited financial results for the quarter ended June 30, 2026, following a Board meeting held on July 30, 2026. The Board meeting also addressed key management changes, including the appointment of Mr. Sameer Jain as Chief Financial Officer (CFO) and transitions involving Mr. Vinay Mittal.The company's financial performance figures, presented in INR lakhs, showed Total Income reaching 18,925 for the quarter ended June 30, 2026. The results cover comparable periods ending March 31, 2026 (Audited) and June 30, 2025 (Unaudited).
Management Transitions
The Board of Directors approved the appointment of Mr. Sameer Jain as Chief Financial Officer effective October 01, 2026. Mr. Jain brings nearly three decades of extensive experience in areas such as business planning, budgeting, costing, and financial operations. He is noted as the recipient of the Certificate of Merit under the National Scholarship Scheme (1988) and was honored as "Finance Leader of the Year - Auto 2023."The company also confirmed transitions involving Mr. Vinay Mittal. Mr. Mittal will cease to be CFO due to superannuation, effective September 30, 2026. Furthermore, he will resign from his position as Whole Time Director with effect from September 01, 2026.
Financial Performance Snapshot
The unaudited results for the quarter demonstrate strong Total Income of 18,925 (INR lakhs). The company recorded Total expenses of 15,204 and reported a Profit for the period of 400 (INR lakhs). Total comprehensive income for the period was (13) INR lakhs.The results highlight performance across different segments:
| Segment | Quarter Ended June 30, 2026 (Revenue from Contracts with Customers) | Mar 31, 2026 (Revenue from Contracts with Customers) | June 30, 2025 (Revenue from Contracts with Customers) | Mar 31, 2026 (Total Revenue from Operations) |
|---|---|---|---|---|
| India | 12,021 | 19,064 | 13,762 | 66,562 |
| Outside India | 5,840 | 7,084 | 1,583 | 19,025 |
| Total Revenue from Contracts with Customers | 18,661 | 26,148 | 15,345 | 85,587 |
Key Financial Results Summary (INR in lakhs)
The following table details the key financial indicators for Honda India Power Products Limited across the reported periods:| Particulars | Quarter Ended June 30, 2026 (Unaudited) | Mar 31, 2026 (Audited) | June 30, 2025 (Unaudited) | Mar 31, 2026 (Audited) |
|---|---|---|---|---|
| Total Income (I+II) | 19,667 | 27,411 | 16,483 | 90,281 |
| Total expenses (IV) | 15,204 | 24,086 | 15,204 | 80,713 |
| Profit before tax (III-IV) | 4,463 | 3,325 | 1,279 | 9,568 |
| Profit for the period | 400 | 818 | 331 | 2,145 |
The company's earnings per share (EPS) remained stable at 1,014 (basic and diluted) for the quarter ended June 30, 2026.
HONDAPOWER Stock Price Movement
Today, shares of Honda India Power Products Limited edged higher to close at ₹2114.6, gaining 0.16% on a solid performance. The stock traded amidst positive sentiment, with total volume recorded at 6,961 shares for the session.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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