Laser Power & Infra approves unaudited financial results for Q2 FY27 and reappoints MD

Laser Power & Infra Limited announced the approval of its unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. The company also approved the re-appointment of Mr. Deepak Goel as Chairman & Managing Director for a further period of five years, effective January 1, 2027, subject to shareholder approval. Additionally, the company adopted a new policy for determining the materiality of events.

Financial Results and Leadership Update

Laser Power & Infra Limited convened its Board of Directors meeting on November 12, 2026, to consider and approve key corporate matters. The Board took on record the unaudited standalone and consolidated financial results for the quarter ended September 30, 2026. The limited review report from the statutory auditors was also noted.

Leadership Continuity

A significant decision made by the Board was the re-appointment of Mr. Deepak Goel (DIN: 00673430) as the Chairman & Managing Director of the Company. This reappointment is for a further term of five (5) years, commencing from January 1, 2027. The reappointment is subject to the necessary approval from the company’s shareholders via a postal ballot.

Corporate Policy Adoption

Furthermore, the Board approved the adoption of a Policy for the determination of materiality of events or information. This policy will also be made available on the company’s website.

Meeting Details

The Board Meeting commenced at 6:45 P.M. and concluded at 7:30 P.M. on the same day.

Financial Highlights (Unaudited Standalone)

For the quarter ended September 30, 2026, Laser Power & Infra Limited reported a Profit Before Tax of ₹3,060.47 Lakhs, a significant increase from ₹2,113.47 Lakhs in the same period of the previous year. The Total Income for the quarter stood at ₹63,371.27 Lakhs.

For the half-year ended September 30, 2026, the Profit Before Tax was ₹5,173.94 Lakhs, and the Total Income was ₹1,16,154.69 Lakhs.

Consolidated Financial Highlights (Unaudited)

On a consolidated basis, the company reported a Profit Before Tax of ₹3,021.98 Lakhs for the quarter ended September 30, 2026. The Total Income for the quarter was ₹63,379.03 Lakhs.

For the half-year ended September 30, 2026, the consolidated Profit Before Tax stood at ₹5,095.22 Lakhs, with a Total Income of ₹1,16,162.45 Lakhs.

Source: BSE

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