Hindustan Composites Ltd reports Q2 FY27 net profit of ₹242.57 crore, including a ₹276.77 crore pre-tax exceptional gain
- Q2 revenue from continuing operations was ₹34.20 crore, up 70.6% sequentially and 141.4% year on year.
- The exceptional gain arose from the slump sale of the friction business.
- Vinay Sarin was appointed CEO and KMP effective 6 November; the board recommended his appointment as Executive Director and CEO for three years from 21 December, subject to shareholder approval.
- Auditors issued limited-review reports with no modified conclusion.