Hindusthan Insulators Q2 Profit Rs 55 Crore; CFO Appointed Deputy MD

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AuthorKavya Nair|Published at:
Hindusthan Insulators Q2 Profit Rs 55 Crore; CFO Appointed Deputy MD

Hindusthan Insulators & Industries Ltd delivered a strong performance for the quarter ended September 30, 2026, swinging to a net profit of Rs 55.37 crore from a loss of Rs 43.30 crore in the same period last year. Revenue more than doubled to Rs 171.35 crore. The company also announced a leadership reshuffle, elevating former CFO Shailendra Jhalani to Deputy Managing Director, and authorized an increase in share capital to Rs 121 crore.

Hindusthan Insulators Q2 Results: Profit at Rs 55.37 Cr

Revenue for the quarter ended September 30, 2026 reached Rs 171.35 crore, up from Rs 69.19 crore in Q2 FY2026.

Reader Takeaway: Strong operational turnaround and revenue surge drive growth, while leadership elevation signals a strategic shift in oversight.

What just happened

Hindusthan Insulators & Industries reported a significant financial recovery for the quarter ended September 30, 2026. The company posted a standalone net profit of Rs 55.37 crore, marking a complete reversal from the Rs 43.30 crore loss recorded during the same period last year. Revenue from operations also witnessed a major uptick, climbing to Rs 171.35 crore compared to Rs 69.19 crore in the previous year's corresponding quarter.

Management Changes

The Board of Directors accepted the resignation of Mr. Shailendra Jhalani as Chief Financial Officer effective October 3, 2026. In a strategic shift, Mr. Jhalani has been elevated to the role of Whole-time Director and Deputy Managing Director for a three-year term. Additionally, Mr. Mool Chand Gauba has joined the board as an Additional Director in the capacity of a Non-Executive Independent Director for a five-year term.

Corporate Action

To support potential future growth, the board has approved an increase in the company's authorized share capital from Rs 108.50 crore to Rs 121.00 crore. This move necessitates an amendment to the Memorandum of Association and is currently pending shareholder and regulatory approvals.

Governance Update

The company has streamlined its internal processes for determining the materiality of corporate information. Key Managerial Personnel, including Managing Director Mr. Deepak Kejriwal, Deputy MD Mr. Shailendra Jhalani, and Company Secretary Ms. Neha Kejriwal, have been authorized to handle these disclosures. Following the CFO's move, new officials have also been designated within the senior management team to ensure operational continuity.

Disclaimer: This article is published for informational purposes only. This is not a buy sell recommendation.