Borosil Ltd Reports Q1 FY27 Consolidated Net Profit of ₹128 Million

MUMBAI — Glassware and consumerware manufacturer Borosil Ltd reported its consolidated financial results for the first quarter ended June 30, 2026 (Q1 FY27), posting a consolidated net profit of ₹128 million (₹12.80 crore) on a consolidated revenue from operations of ₹2.54 billion (₹253.59 crore).

The quarterly financial results were formally approved by the company's Board of Directors during its meeting held on August 14, 2026. Alongside the financial results, the company announced key senior management personnel transitions and corporate restructuring updates.

Detailed Financial Performance for Q1 FY27

Consolidated Financial Highlights

• Revenue from Operations: Reached ₹2,535.855 lakh (₹2.54 billion), compared to ₹2,326.897 lakh (₹2.33 billion) reported in Q1 FY26.

• Total Income: Stood at ₹2,602.395 lakh (₹2.60 billion), including other income of ₹66.540 lakh.

• Profit Before Tax (PBT): Recorded at ₹1,743.70 lakh (₹17.44 crore), compared to ₹2,347.87 lakh in the corresponding quarter of the previous financial year.

• Net Profit After Tax: Reported at ₹1,280.29 lakh (₹128 million or ₹12.80 crore).

• Total Comprehensive Income: Stood at ₹1,283.81 lakh for the quarter.

• Earnings Per Share (EPS): Basic and diluted EPS were both reported at ₹1.07 (face value of ₹1 per share).

Standalone Financial Highlights

On a standalone basis, Borosil Ltd reported:

• Revenue from Operations: ₹2,565.619 lakh (₹2.57 billion).

• Profit Before Tax: ₹1,823.42 lakh.

• Net Profit After Tax: ₹1,360.01 lakh (₹13.60 crore).

• Basic & Diluted EPS: ₹1.14 per share.

Operations & Strategic Expansion

According to official disclosures, Stylenest India Limited (SIL), a wholly owned subsidiary of Borosil Ltd, officially commenced commercial production of vacuum-insulated stainless-steel flasks, bottles, and containers on June 30, 2026.

The company clarified that it operates primarily in a single business segment—Consumerware products—in accordance with Ind AS 108 Operating Segments.

Senior Leadership & Governance Transitions

The Board of Directors approved key changes in the company's leadership team:

• Company Secretary & Compliance Officer: Mr. Bhaunik Shah resigned from the post of Company Secretary, Compliance Officer, and Key Managerial Personnel (KMP) effective August 14, 2026, due to internal role realignment. He continues to remain in the employment of the company.

• New KMP Appointment: Mr. Pradeep Joshi has been appointed as the new Company Secretary, Compliance Officer, and KMP, effective August 15, 2026.

• Internal Audit Leadership: Mr. Parag Parekh, Vice President – Internal Audit, was designated as Senior Managerial Personnel effective August 14, 2026.

Official Sources Section

According to official filings submitted to the BSE Limited and the National Stock Exchange of India Limited under Regulation 30 and 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the financial results were subjected to a limited review by statutory auditors Chaturvedi & Shah LLP.

Quote Section

According to official regulatory filings signed by Managing Director Shreevar Kheruka:

"The above results have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on 14th August, 2026. The Statutory Auditors of the Company have carried out a Limited Review of the results."

Why It Matters

The initiation of commercial manufacturing at Stylenest India Limited enhances Borosil’s domestic supply chain for vacuum-insulated flasks and bottles, reducing reliance on third-party manufacturing or imports. Investors and financial analysts gain clearer visibility into Borosil's expansion in non-glass kitchenware segments.

Key Facts at a Glance

• Consolidated Net Profit: ₹128 million (₹12.80 crore) for Q1 FY27.

• Consolidated Revenue: ₹2.54 billion (₹253.59 crore).

• New Manufacturing Milestone: Subsidiary Stylenest India Ltd started commercial production of stainless steel flasks on June 30, 2026.

• Governance Update: Pradeep Joshi assumes charge as Company Secretary & Compliance Officer starting August 15, 2026.

FAQ Section

What was Borosil Ltd's net profit for Q1 FY27?

Borosil Ltd reported a consolidated net profit of ₹128 million (₹12.80 crore) for the quarter ended June 30, 2026.

What was the consolidated revenue from operations for Q1 FY27?

The company registered a consolidated revenue from operations of ₹2.54 billion (₹253.59 crore).

Who is the new Company Secretary and Compliance Officer of Borosil Ltd?

Mr. Pradeep Joshi was appointed as the Company Secretary and Compliance Officer, effective August 15, 2026.

What new commercial operations did Borosil start in Q1 FY27?

Its wholly owned subsidiary, Stylenest India Limited, commenced commercial production of vacuum-insulated stainless-steel flasks, bottles, and containers on June 30, 2026.

Sources: Borosil Ltd Corporate Announcement & Regulatory Filings to BSE & NSE