Shanthi Gears Q2 FY27 Results: Net Profit ₹15.7 Cr, Down 27.0% YoY
Shanthi Gears Ltd reported revenue from operations of ₹128 Cr (-3.0% YoY) and net profit of ₹15.7 Cr (-27.0% YoY) for Q2 FY27.
- Key figure
- Net profit ₹15.7 Cr · -27.0% YoY
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Shanthi Gears Ltd reported revenue from operations of ₹128 Cr (-3.0% YoY) and net profit of ₹15.7 Cr (-27.0% YoY) for Q2 FY27.
Shanthi Gears Ltd has submitted its quarterly shareholding pattern for the period ended September 30, 2026, pursuant to Regulation 31(1)(b) of SEBI LODR.
Shanthi Gears Limited scheduled a board meeting for October 26, 2026, to consider and approve the unaudited standalone financial results for the half-year ended September 2026.
ICRA has reaffirmed Shanthi Gears Limited's long-term credit rating at [ICRA]AA(Stable) and short-term rating at [ICRA]A1+. These ratings cover bank facilities aggregating to ₹39 Crore.
Shanthi Gears informed the exchange that Mr. Malliraj will step down as Head – Strategic Sourcing effective 15 September 2026. This follows a prior intimation dated 29 July 2026.
Shanthi Gears Ltd appointed Mr. Sai Krishna Alluri as CFO and Ms. Helena Susan as Head-HR. These leadership changes were approved in the recent board meeting.
Shanthi Gears Limited clarified that no undisclosed price-sensitive information exists regarding recent increases in trading volume. The company remains committed to timely regulatory compliance and disclosures.
Tube Investments of India Ltd (Promoter) acquired 20,64,713 equity shares of Shanthi Gears Ltd via market purchase (block deal).
Shanthi Gears Ltd held its 53rd Annual General Meeting on July 29, 2026. Proceedings covered the adoption of financial statements, dividend declaration, and various director appointments.
Mr. Malliraj S has resigned from the position of Head Strategic Sourcing. This management change is effective from September 15, 2026.
Shanthi Gears Ltd reported revenue from operations of ₹115.5 Cr (-14.4% YoY) and net profit of ₹9.8 Cr (-56.8% YoY) for Q1 FY27.
Shanthi Gears scheduled a board meeting for July 29, 2026. The board will consider and approve unaudited financial results for the June quarter.
Shanthi Gears Ltd appointed Mr. Sukanta Kumar Panigrahi as Interim CFO effective immediately. The board appointed him during the July 13 meeting.
Shanthi Gears Ltd held its AGM, adopting audited accounts and declaring a total dividend of Rs.5 per share. The meeting re‑appointed directors and approved commission remuneration.
Shanthi Gears Ltd filed its Business Responsibility and Sustainability Report for FY 2025-26, covering its operations and ESG disclosures. The filing is submitted to NSE and BSE.
Shanthi Gears Ltd submitted its FY 2025‑26 Annual Report under Reg. 34. The filing outlines its performance, investments and governance for the year.
Shanthi Gears Ltd will hold its 53rd AGM on 29 July 2026 via video conference. The Board approved a Rs.5 per share dividend and re‑appointed a director.
Shanthi Gears Limited appointed Mr. Sudhir R as Chief Financial Officer effective June 04, 2026. This leadership change aims to strengthen the company's financial and operational management.