Indian Acrylics Limited has announced its unaudited financial results for the quarter and half-year ended September 30, 2026. For the second quarter of fiscal year 2027, the company reported a net loss of ₹56.09 lakh. The total comprehensive income for the period also reflected a loss. The Board of Directors has approved these results, which are subject to a limited review by the auditors.
Financial Performance for Q2 FY27 Announced
Indian Acrylics Limited has officially disclosed its unaudited financial results for the quarter and half-year period concluding on September 30, 2026. The company’s Board of Directors, following a meeting on November 12, 2026, approved these financial statements.
Key Financial Highlights
- Quarter Ended September 30, 2026:
- Net Profit/(Loss) after exceptional items and before tax: ₹(56.09) lakh
- Total Comprehensive Income: ₹106.67 lakh (comprising Profit/(Loss) and Other Comprehensive Income)
- Half-Year Ended September 30, 2026:
- Net Profit/(Loss) after exceptional items and before tax: ₹(223.42) lakh
- Total Comprehensive Income: ₹(60.66) lakh
Board Appointments
In addition to the financial results, the Board also approved the appointment of Mr. Rubinderjit Singh Brar, IAS, as a Non-Executive Nominee Director and Chairperson of the Company, effective November 12, 2026. He replaces Mrs. Surabhi Malik, IAS.
Auditor’s Limited Review
The financial results have undergone a limited review by the statutory auditors, AKR & Associates, Chartered Accountants. The auditor’s report, dated November 12, 2026, confirms that based on their review, nothing has come to their attention that causes them to believe the accompanying statement contains material misstatements.
Notes on Financial Statements
The financial statements have been prepared on a going concern basis, despite continuous losses, taking into account expected improvements in future operations and the realization of pending government incentives. An exceptional item of ₹775.52 lakh has been recognized during the quarter, related to the net claim of land acquisition receivable from NHAI.
Source: BSE
