Ashapura Minechem Q2 FY27 Results: Net Profit ₹69.7 Cr, Down 34.2% YoY
Ashapura Minechem Ltd reported revenue from operations of ₹1,063 Cr (+11.6% YoY) and net profit of ₹69.7 Cr (-34.2% YoY) for Q2 FY27.
- Key figure
- Net profit ₹69.7 Cr · -34.2% YoY
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Ashapura Minechem Ltd reported revenue from operations of ₹1,063 Cr (+11.6% YoY) and net profit of ₹69.7 Cr (-34.2% YoY) for Q2 FY27.
Ashapura Minechem will hold its board on 5 Nov 2026 to consider Q3 FY27 unaudited results and other business. No decisions or figures are reported in this advance intimation.
Ashapura Minechem filed the quarterly certificate under SEBI Regulation 74(5) for the period ended September 30, 2026, as received from its RTA.
Ashapura Minechem Limited announced the tenure completion of Mr. Chetan Shah, a Non-Executive Non-Independent Director, effective September 29, 2026.
Ashapura Minechem Limited held its 45th Annual General Meeting on September 29, 2026. Shareholders transacted routine business, including adopting financial statements and declaring a final dividend.
Ashapura Minechem received a penalty order of Rs. 0.06 Crore from the Geology and Mining Department for alleged violation of state mining transport rules.
Ashapura Minechem's promoter family trusts acquired shares via gift for succession planning. This off-market transfer is a family arrangement with no monetary consideration involved.
Eriska Investment Fund Ltd increased its stake in Ashapura Minechem Ltd to 7.29% through market purchases. This disclosure confirms a substantial acquisition of equity shares.
Ashapura Minechem Limited sent a letter to shareholders with unregistered email addresses, providing a web-link to access the Annual Report for FY 2025-26.
Himani Ankur Shah Family Trust, a promoter group entity, acquired 66,96,379 shares of Ashapura Minechem via an off-market transaction for succession planning.
Dina Chetan Shah, a promoter of Ashapura Minechem Limited, disposed of 66,96,379 shares (7.01% stake) via an off-market transfer for succession planning.
Ashapura Minechem Limited announced the postal ballot results, where shareholders approved material related party transactions between its subsidiaries. The resolution was passed through e-voting.
Promoter Chetan Navnitlal Shah acquired 25,000 shares of Ashapura Minechem Limited via open market. This transaction increased the promoter's stake from 6.94% to 6.96%.
Promoter Chetan Navnitlal Shah acquired 25,000 equity shares of Ashapura Minechem Ltd via market purchase. This increases the promoter's stake in the company.
Ashapura Minechem Limited has appointed Mr. Chetan Shah as Chief – Strategy & Planning, effective October 1, 2026. He has over four decades of industry experience.
Ashapura Minechem Ltd announces the appointment of Mr. Chetan Shah as Chief – Strategy & Planning, effective October 1, 2026. The company also scheduled its 45th AGM.
Ashapura Minechem reported Q1 FY27 consolidated revenue of INR 1,616 crores, up 19.2% YoY. EBITDA stood at INR 188.9 crores with margins at 11.7% amid higher logistics costs.
Ashapura Minechem Limited has formally dissolved its step-down subsidiary, Ashapura Holdings Fareast Pte. Ltd., following the completion of voluntary liquidation proceedings.
Ashapura Minechem Ltd reported revenue from operations of ₹1,616 Cr (+19.2% YoY) and net profit of ₹108.3 Cr (-4.9% YoY) for Q1 FY27.
Albula Investment Fund Ltd reduced its stake in Ashapura Minechem Ltd by 2.21%. The disposal of 2,117,083 shares was conducted through open market transactions.
Eriska Investment Fund Ltd acquired 270,000 shares of Ashapura Minechem Ltd via market purchase. Its shareholding increased from 4.9226% to 5.2052%.
Ashapura Minechem Limited scheduled a board meeting for August 7, 2026, to consider and approve standalone and consolidated quarterly unaudited financial results.
Ashapura Minechem issued a Postal Ballot Notice seeking shareholder approval for material related party transactions aggregating ₹3,865 Crore for FY 2026-27.
Ashapura delivered massive Q2 revenue growth of 57% YoY driven by Guinea bauxite exports. While headline profits were boosted by a one-time deferred tax asset of ₹24.76 Cr, EBITDA per ton remained stable.
Ashapura Minechem reported record FY26 results with 91% YoY revenue growth to ₹5,237 crores and EBITDA of ₹674 crores. Strategy focuses on expanding Guinea bauxite exports and value-added Indian mineral products.
Ashapura Minechem reported strong H1 FY26 growth, driven by a doubling of Guinea bauxite exports and improved internal logistics. Management remains optimistic about achieving long-term targets despite seasonal monsoon challenges.
Ashapura Minechem recommended a final dividend of ₹2 per equity share for FY 2025-2026. The record date and general meeting date will be announced later.
Ashapura Minechem reported FY 2025-26 revenue of ₹5,237.1 Crore, up 91.2% year-on-year. The board recommended a 100% final dividend, reflecting strong multi-mineral business growth.
Ashapura Minechem Ltd reported revenue from operations of ₹1,969 Cr (+254.6% YoY) and net profit of ₹120.6 Cr (+53.6% YoY) for Q4 FY26.
Ashapura Minechem reported its FY 2025-26 audited financial results and recommended a 100% final dividend of Rs. 2 per share. Consolidated annual income reached Rs. 5,355.88 Crore.