Suraj Ltd reported a significant jump in Q2 net profit to Rs 2.95 crore from Rs 0.55 crore last year. The company also announced a change in its Company Secretary and Compliance Officer effective November 1, 2026.
Suraj Ltd Reports Significant Q2 Profit Growth
Net Profit jumped to Rs 2.95 crore for the quarter ended September 30, 2026, compared to Rs 0.55 crore in the same quarter last year. Revenue from operations also rose to Rs 55.63 crore from Rs 50.19 crore.
Reader Takeaway: Robust bottom-line growth signals improved operational efficiency, though management transition requires monitoring for stability.
What just happened
Suraj Ltd has released its unaudited standalone financial results for the quarter ending September 30, 2026. The company demonstrated strong financial momentum, with net profit recording a multi-fold increase on a year-on-year basis. Alongside the financials, the company notified the exchanges of a leadership change in its secretarial department.
Why this matters
The jump in Profit After Tax (PAT) from Rs 0.55 crore to Rs 2.95 crore indicates better margin management and operational scaling compared to the previous year. This performance shift is significant for shareholders looking for bottom-line growth. Meanwhile, the appointment of a new Company Secretary, Mayank Balvantbhai Rami, following the resignation of Rashmi Lakhani, marks a routine but essential governance update to ensure regulatory compliance.
Governance Updates
Rashmi Lakhani has stepped down as Company Secretary, Compliance Officer, and Key Managerial Personnel (KMP) effective October 31, 2026. The Board has appointed Mayank Balvantbhai Rami as her successor, effective November 1, 2026, to maintain administrative continuity.
Context Metrics
Earnings Per Share (EPS) for the quarter rose significantly to Rs 1.61 from Rs 0.30 in the corresponding period last year. Consolidated net profit for the same period stood at Rs 3.25 crore.
