Gabriel India Limited’s Board of Directors convened on October 30, 2026, to approve the standalone and consolidated unaudited financial results for the quarter and half-year ended September 30, 2026. The board also declared an interim dividend of ₹2.15 per share. The record date for this dividend is set for November 06, 2026, with payments expected by November 28, 2026. The meeting also covered other financial statements and disclosures as per SEBI Listing Regulations.
Gabriel India Board Meeting Highlights
At a meeting held on Friday, October 30, 2026, the Board of Directors of Gabriel India Limited reviewed and approved several key financial matters. The meeting, which took place from 03:25 PM to 05:45 PM, focused on the company’s financial performance and future distributions.
Unaudited Financial Results Approved
The Board considered and approved the standalone and consolidated unaudited financial results for the quarter and half-year ended September 30, 2026. This included the statement of assets and liabilities, and cash flow statements. The approved results were accompanied by limited review reports and other required disclosures as stipulated by SEBI Listing Regulations.
Interim Dividend Declared
A significant outcome of the meeting was the declaration of an interim dividend of ₹2.15 per equity share, with each share having a face value of ₹1. The specified record date for determining the entitlement of shareholders for this dividend is Friday, November 06, 2026. The company committed to disbursing this dividend to the shareholders on or before Saturday, November 28, 2026.
Additional Disclosures and Compliance
The company also confirmed the filing of disclosures related to Related Party Transactions, as required under Regulation 23(9) of the Listing Regulations. These will be part of an integrated XBRL filing with BSE and NSE. Further, the statement of utilization of issue proceeds for Non-Convertible Debt Securities for the quarter ended September 30, 2026, was also approved, alongside disclosures related to Regulation 52(4) of the SEBI Listing Regulations.
Financial Performance Highlights (Q2 FY27)
The standalone financial results for the quarter ended September 30, 2026, indicate a net profit after tax of ₹683.85 million. For the half-year ended the same date, the net profit after tax stands at ₹1,443.53 million. The company also reported a total income of ₹14,076.10 million for the quarter ended September 30, 2026.
Consolidated Financial Performance (Q2 FY27)
On a consolidated basis, the net profit after tax for the quarter ended September 30, 2026, was ₹680.11 million, and for the half-year, it was ₹1,436.05 million. The consolidated total income for the quarter was ₹14,083.74 million.
Debt Issuance and Utilization
The company reported raising funds through the issuance of unsecured, listed, non-convertible debentures (NCDs) on a private placement basis. A total of ₹1,000 crore was raised via these NCDs, with ₹998.77 crore utilized during the quarter ended September 30, 2026, primarily towards financing an acquisition. There was no deviation noted in the utilization of these funds.
Source: BSE
