Kalyani Steels: Board Appoints New Chairman, Reports Q2 & H1 FY27 Results

Kalyani Steels Limited has announced significant leadership transitions and released 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. Concurrently, the company reported its unaudited financial performance, showcasing revenue from operations of ₹4,943.81 million for the quarter and ₹9,589.61 million for the half-year. The financial statements also detail comprehensive income figures and key balance sheet items.

Board Restructure and Leadership Appointments

Kalyani Steels Limited has made key appointments to its Board of Directors, signaling a significant shift in leadership. Effective October 29, 2026, Mr. Amit B. Kalyani has been appointed as the new Chairman of the Board. This designation also sees him serving as Non-Executive Non-Independent Director. This appointment follows the resignation of Mr. B.N. Kalyani from the same positions, effective October 28, 2026. Additionally, Ms. Geeta Shamrao Jadhav has been appointed as Chief Human Resource Officer (CHRO) with effect from October 28, 2026.

Financial Performance for Q2 and H1 FY27

The company has also disclosed its unaudited financial results for the quarter and half-year ended September 30, 2026. The key financial highlights are as follows:

Quarter Ended September 30, 2026:

  • Revenue from Operations: ₹4,943.81 million
  • Profit Before Tax: ₹1,075.07 million
  • Profit After Tax: ₹792.17 million
  • Total Comprehensive Income: ₹790.46 million

Half Year Ended September 30, 2026:

  • Revenue from Operations: ₹9,589.61 million
  • Profit Before Tax: ₹1,984.83 million
  • Profit After Tax: ₹1,468.23 million
  • Total Comprehensive Income: ₹1,464.81 million

Balance Sheet Highlights

The statement of assets and liabilities as of September 30, 2026, shows total assets of ₹31,165.51 million. Equity attributable to equity holders of the parent stands at ₹22,024.41 million. Non-current liabilities amounted to ₹929.88 million, while current liabilities totaled ₹8,211.22 million.

Source: BSE

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