Switching Technologies Gunther Limited has announced its financial results for the quarter and half-year ended September 30, 2026. The company reported a profit of ₹491.40 Lakhs for the quarter. The Board of Directors reviewed and approved the unaudited standalone financial results, including the limited review report from the statutory auditors. The meeting was conducted via video conferencing and lasted 20 minutes.
Strong Quarterly Performance Reported
Switching Technologies Gunther Limited has released its unaudited standalone financial results for the quarter and half-year ending September 30, 2026. The company reported a profit of ₹491.40 Lakhs for the quarter ended September 30, 2026. This marks a positive financial period for the company, reflecting operational efficiencies and market performance.
Board Approval and Auditor Review
The Board of Directors of Switching Technologies Gunther Limited convened a meeting on Friday, November 13, 2026, to consider and approve these financial statements. The approved results encompass the unaudited standalone financial results for the quarter and half-year ended September 30, 2026, along with the accompanying Limited Review Report from the Statutory Auditors. The meeting commenced at 4:00 P.M. and concluded at 4:20 P.M., conducted entirely through video conferencing.
Financial Highlights
During the reviewed period, the company generated a revenue from operations amounting to ₹93.16 Lakhs and other income of ₹0.99 Lakhs, leading to a total revenue of ₹94.15 Lakhs. Expenses for the period totaled ₹51.80 Lakhs. After accounting for exceptional items, the profit before tax stood at ₹322.17 Lakhs for the quarter. The net profit after tax for the period was ₹491.40 Lakhs. Earnings per share (basic and diluted) for the continuing operations were ₹6.91.
Business Updates and Segment Information
The company’s primary segment remains the manufacture of Reed Switches, Proximity Switches, and Ball Switches. However, during the second quarter of the 2026-27 financial year, the company transferred this business on a slump sale basis. The Board had previously approved a change in the company’s object clause to include extensive operations related to food processing units and trading of food-related products.
Additionally, the report highlights a material change in shareholding during the half-year ended September 30, 2026, with M/s. Touristas Horizons (P) Ltd and M/s. BBU Enterprises (P) Ltd acquiring a significant stake. The company also completed a slump sale of its business undertaking during FY 2025-26, recognized with resultant capital gains in the current quarter. Shareholders have also approved the 100% acquisition of two companies, TEKFOODS INTERNATIONAL PRIVATE LIMITED and SAMRIDH OVERSEAS TRADING PRIVATE LIMITED, through share swap transactions.
Exceptional Items
Exceptional items for the quarter and half-year ended September 30, 2026, included a write-back of credit and certain debit balances amounting to ₹702.86 Lakhs, impairment of inventory valued at ₹287.98 Lakhs, and a gain on slump sale totaling ₹127.33 Lakhs.
Source: BSE
