Eureka Forbes Strong Financial Results for FY2026 and Strategic Management Changes

Eureka Forbes Limited has announced its financial performance for the quarter and year ended March 31, 2026. The company reported robust growth, with annual standalone revenue reaching ₹2,710.47 crore. The Board of Directors also approved key appointments, including new cost and internal auditors for the 2026-27 financial year, and expanded the responsibilities of Chief Growth Officer Anurag Kumar to lead the company’s E-commerce and D2C divisions.

Financial Performance Highlights

For the fiscal year ending March 31, 2026, Eureka Forbes delivered a strong performance, reporting standalone revenue from operations of ₹2,710.47 crore, compared to ₹2,436.06 crore in the previous year. The net profit for the year stood at ₹160.21 crore. The company’s consolidated revenue for the same period reached ₹2,709.06 crore with a consolidated net profit of ₹162.62 crore, underscoring stable operational execution.

Strategic Management Updates

The Board of Directors, meeting on May 19, 2026, confirmed several strategic appointments to streamline governance and focus on growth. M/s. J. Chandra & Associates has been appointed as the Cost Auditor, while M/s. PricewaterhouseCoopers Services LLP will serve as the Internal Auditor for the 2026-27 financial year.

Furthermore, the company announced an important organizational change: Anurag Kumar, who serves as the Chief Growth Officer, has taken on the additional responsibility of overseeing the company’s E-commerce and D2C business effective immediately. Mr. Kumar brings over 28 years of industry experience, including leadership roles at major consumer-facing organizations, to this expanded role.

Operational Context

The company noted an exceptional impact on its financials due to the implementation of new national Labour Codes, which resulted in a one-time adjustment of ₹40.44 crore. Despite this, the management remains focused on the core business of Health and Hygiene products, maintaining a steady outlook for the upcoming quarters.

Source: BSE

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