Kalyani Steels Limited has announced significant leadership transitions and its financial results for the quarter and half-year ended September 30, 2026. Mr. Amit B. Kalyani has been appointed as the new Chairman of the Board of Directors, effective October 29, 2026. Additionally, Mr. B.N. Kalyani has resigned as Chairman and Non-Executive Non-Independent Director, and Ms. Geeta Shamrao Jadhav has been appointed as Chief Human Resource Officer, effective October 28, 2026. The company reported a profit after tax of ₹792.17 million for the quarter and ₹1,468.23 million for the half-year ended September 30, 2026.
Leadership Transitions at Kalyani Steels
Kalyani Steels Limited has announced a series of key leadership changes approved by its Board of Directors. Effective October 29, 2026, Mr. Amit B. Kalyani will assume the role of Chairman of the Board of Directors, succeeding Mr. B.N. Kalyani. Mr. B.N. Kalyani has resigned from his positions as Chairman and Non-Executive Non-Independent Director, effective the close of business hours on October 28, 2026, choosing to retire after a distinguished tenure.
In another significant appointment, Ms. Geeta Shamrao Jadhav has been named the new Chief Human Resource Officer (CHRO), effective October 28, 2026. These changes are part of the company’s strategic succession planning and ongoing efforts to strengthen its governance and management structure.
Financial Performance for Q2 FY27 and H1 FY27
The company also reported its un-audited financial results for the quarter and half-year ended September 30, 2026. For the quarter ended September 30, 2026, Kalyani Steels posted a profit after tax of ₹792.17 million, compared to ₹618.21 million in the same period of the previous year. The total comprehensive income for the quarter stood at ₹790.46 million.
For the half-year ended September 30, 2026, the profit after tax was ₹1,468.23 million, a notable increase from ₹1,227.86 million in the corresponding period of FY26. Total comprehensive income for the half-year reached ₹1,464.81 million. Revenue from operations for the quarter was ₹4,943.81 million, while for the half-year it was ₹9,589.61 million.
Detailed Financial Highlights
The detailed financial statements reveal robust performance across key metrics. Total income for the quarter increased to ₹5,104.82 million, and for the half-year to ₹9,900.03 million. Expenses for the quarter totaled ₹4,029.75 million, and for the half-year, ₹7,915.20 million. The company maintained strong profitability with a profit before tax of ₹1,075.07 million for the quarter and ₹1,984.83 million for the half-year.
Source: BSE