Luxury Time has released its unaudited financial results for the half-year ended September 30, 2026. The company reported a profit before tax of ₹382.97 lakh for the period, a significant increase from the prior year. The Board of Directors also approved revised remuneration for key management personnel and noted the resignation of the CFO and the appointment of a new CFO.
Financial Highlights for H1 FY27
Luxury Time has disclosed its financial performance for the half-year ended September 30, 2026. The company announced a profit before tax of ₹382.97 lakh for the period, reflecting a positive operational performance. The unaudited financial results were approved by the Board of Directors on November 3, 2026, following a review by the Audit Committee.
Key Executive and Remuneration Changes
In addition to financial reporting, the Board of Directors approved the revision in annual remuneration for Mr. Ashok Goel, Chairman & Managing Director, and Mr. Pawan Chohan, Whole-Time Director. These revisions are effective from November 1, 2026, with both executives receiving an increased annual remuneration of ₹36,00,000. The Board also took note of the resignation of Ms. Kanika Gupta as Chief Financial Officer (CFO) and Key Managerial Personnel (KMP), effective November 2, 2026. Subsequently, Mr. Muhammad Akaram was appointed as the new CFO and KMP, effective November 3, 2026.
Standalone and Consolidated Results
The company presented its unaudited standalone and consolidated financial results for the half-year ended September 30, 2026, along with Limited Review Reports. For the standalone statement, the profit after tax for the period stood at ₹288.43 lakh. On a consolidated basis, the profit after tax for the same period was ₹307.57 lakh. The detailed financial statements and review reports have been submitted to BSE Limited.
Source: BSE
