Sihora Industries Limited has announced its Unaudited Standalone Financial Results for the half-year and year ended September 30, 2026. The company reported a profit after tax of ₹68.70 Lakhs for the half-year period from continuing operations. The Board of Directors approved these results during a meeting held on October 29, 2026. The results also include the statement of deviation or variation for the utilization of issue proceeds raised by the Initial Public Offer.
Sihora Industries Reports Financial Results
Sihora Industries Limited has disclosed its financial performance for the half-year and year ended September 30, 2026. The company’s Board of Directors approved the Unaudited Standalone Financial Results during a meeting convened on October 29, 2026.
Key Financial Highlights
Profitability
For the half-year ended September 30, 2026, Sihora Industries reported a profit after tax from continuing operations of ₹68.70 Lakhs. This figure represents a significant increase compared to the profit of ₹32.45 Lakhs recorded in the corresponding period of the previous year.
Yearly Performance
The financial results also detail the performance for the full year ended September 30, 2026, with a profit after tax from continuing operations standing at ₹68.70 Lakhs. For the year ended March 31, 2026, the company had posted a profit of ₹96.50 Lakhs.
Utilization of IPO Proceeds
In addition to the financial results, the company has also adopted a statement regarding the deviation or variation in the utilization of issue proceeds raised from its Initial Public Offer (IPO). This statement, prepared in accordance with Regulation 32 of SEBI (LODR) 2015, confirms that funds have been utilized as per the approved objects, with some minor reallocations as explained in the accompanying documents.
Specifically, a sum of ₹60.50 Lakhs was reallocated for the purchase of additional machinery to support integrated zipper manufacturing. Furthermore, ₹3.23 Lakhs of unutilized IPO related expenses were diverted towards capital expenditure for new machinery. These deviations were subsequently approved by the shareholders via a Special Resolution on August 17, 2026.
The detailed statement of deviation shows that out of the total funds raised of ₹1056.00 Lakhs, ₹983.87 Lakhs have been utilized as of September 30, 2026, with ₹72.13 Lakhs remaining unutilized.
Source: BSE
