Hindustan Composites Ltd reports Q2 FY27 net profit of ₹242.57 crore, including a ₹276.77 crore exceptional gain from the Friction Business slump sale.
- Q2 revenue was ₹34.20 crore; pre-exception PBT was ₹5.41 crore.
- The Friction Business Undertaking was classified as discontinued operations following the slump sale.
- 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.