JSW Dulux Limited announced its unaudited financial results for the quarter and half-year ended 30 September 2026. The company also approved the appointment of Mr. Bahram Navroz Vakil as an Additional Director in the category of an Independent Director for a period of three years. Additionally, the board approved a proposal to shift the company’s registered office from Kolkata to Mumbai, subject to shareholder approval.
Financial Results for Q2 FY27 and H1 FY27 Announced
JSW Dulux Limited has released its unaudited standalone and consolidated financial results for the quarter and half-year ended 30 September 2026. The company reported revenue from operations of ₹9,619 million for the quarter ended 30 September 2026, compared to ₹8,276 million in the same quarter last year. For the half-year ended 30 September 2026, revenue stood at ₹19,269 million, an increase from ₹18,207 million in the corresponding period of the previous year. Profit after tax for the standalone entity for the quarter was ₹712 million, and ₹887 million for the half-year.
Board Appointments and Corporate Actions
In a significant governance move, the Board of Directors approved the appointment of Mr. Bahram Navroz Vakil (DIN: 00283980) as an Additional Director in the category of an Independent Director. This appointment is effective from 4th November 2026 for a continuous period of three years, concluding on 3rd November 2029, subject to shareholder approval. Mr. Vakil brings extensive legal and corporate board experience to the company.
The Board also approved the proposal to change and shift the company’s registered office from its current location at 801A, South City Business Park, Kolkata, to JSW Centre, Bandra Kurla Complex, Mumbai. This move is subject to shareholder and other requisite statutory approvals.
Shareholder Approval for Special Businesses
The company will seek shareholder approval through a postal ballot process, including remote e-voting, for certain special businesses. These include the appointment of Mr. Bahram Navroz Vakil and the change in the registered office.
Auditor’s Review Report
Independent auditors Deloitte Haskins & Sells LLP have provided a review report on the standalone and consolidated unaudited financial results. They have stated that based on their review, nothing has come to their attention that causes them to believe the statements contain material misstatements and are in compliance with the applicable accounting standards and regulations.
Notes on Financials
Key notes accompanying the financial results indicate the company’s engagement in manufacturing paints and coatings. It was also noted that subsequent to 30 September 2026, shareholders approved a sub-division of equity shares from a face value of ₹10 to ₹1, effective 22 October 2026.
Source: BSE
