Hindusthan Insulators Q2 results showed a standalone net profit of Rs 55.37 crore for the quarter ended September 30, 2026, against a loss of Rs 43.30 crore a year earlier. Hindusthan Insulators & Industries Ltd disclosed the unaudited results in its October 3, 2026 BSE filing, alongside board appointments and a proposed increase in authorised share capital.

Quarterly total income reached Rs 175.51 crore, compared with Rs 71.84 crore in the corresponding period last year. Profit before exceptional items and tax stood at Rs 74.01 crore, against Rs 3.84 crore. The year-earlier quarter included an exceptional charge of Rs 46.30 crore; the latest quarter had none.

Standalone metric September quarter 2026 September quarter 2025
Total income Rs 175.51 crore Rs 71.84 crore
Net profit/(loss) Rs 55.37 crore Rs (43.30) crore
Basic earnings per share Rs 25.58 Rs (20.01)

For the half year ended September 30, net profit was Rs 91.99 crore, against a loss of Rs 43.48 crore. Statutory auditors K.N. Gutgutia & Co issued a limited review report on the results.

Board approves leadership changes

Shailendra Jhalani resigned as chief financial officer effective October 3, consequent to his proposed appointment as whole-time director, designated deputy managing director.

  • The board approved Jhalani's appointment as an additional director from October 4 and a three-year whole-time director term through October 3, 2029, subject to members' approval.
  • Mool Chand Gauba was appointed an additional director in the non-executive independent category. His five-year independent director term, from October 3, 2026 to October 2, 2031, is subject to members' approval.

Jhalani heads commercial activities, including marketing and production, at the company's Insulators & Electricals Company unit and has over 27 years of professional experience. Gauba has experience in banking, financial management and corporate finance.

Capital proposal and Gwalior operations

The board approved increasing authorised share capital from Rs 108.50 crore to Rs 121 crore, subject to shareholder and any required regulatory or statutory approvals. The proposal raises authorised equity shares from 5.50 crore to 11.75 crore, with a face value of Rs 2 each; authorised preference shares remain unchanged.

The company also said it is evaluating measures to strengthen its Gwalior conductor unit, improve utilisation of existing facilities and augment operational capabilities to address emerging opportunities in the conductor segment.