Apollo Ingredients announced the resignation of Ayushi Agarwal as Company Secretary and Compliance Officer. The departure is effective from October 1, 2026, citing personal reasons.

The company filed an intimation with the BSE on September 22, 2026, pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The resignation letter was tendered on the same date, September 22, 2026.

Resignation Details

Ayushi Agarwal held membership number A54489. In her resignation letter addressed to the Board of Directors, she confirmed that there were no material reasons for her departure other than those stated. She offered to assist in the smooth transition and handover of duties to her successor.

Regulatory Compliance

The company disclosed that no other listed entities are affected by this change, as Ayushi Agarwal holds no directorship in any other listed company. The Managing Director, Kirit Ghanshyam Mutreja, signed the intimation to the stock exchange. The company has attached the copy of the resignation letter as part of the regulatory filing.

Apollo Ingredients Limited reported a strong financial turnaround in its standalone unaudited results for the quarter ended June 30, 2026, posting a net profit of ₹121.62 lakh compared to a net loss of ₹8.77 lakh in the same period of the previous year. The company’s revenue from operations stood at ₹626.87 lakh, while total comprehensive income mirrored the net profit figure at ₹121.62 lakh. This performance signals a recovery in operational efficiency and profitability for the ingredients manufacturer.

The financial statements were reviewed by the Audit Committee and approved by the Board of Directors at a meeting held on August 10, 2026. In compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company filed the detailed results with the stock exchanges. The statutory auditors carried out a limited review of the financial results and expressed an unqualified opinion. The full format of the results is available on the Bombay Stock Exchange website and the company’s official portal.

Key Financial Metrics

Note: Figures are in ₹ lakh unless otherwise specified. Previous year figures have been regrouped where necessary.

What the Numbers Show

The most notable aspect of the quarter is the contribution of other income, which stood at ₹300.39 lakh, significantly higher than the operating revenue of ₹626.87 lakh. While the core operations generated substantial revenue, the net profit of ₹121.62 lakh suggests that other income played a pivotal role in driving the bottom-line turnaround. In the preceding quarter (Q4FY26), other income was ₹98.37 lakh against revenue of ₹107.91 lakh, indicating a seasonal or specific event-driven spike in non-operating gains in Q1FY26. Investors should monitor whether this level of other income is sustainable or if it stems from one-off events.

The equity share capital remained stable at ₹520 lakh, with a face value of ₹10 per share. The company previously operated under the name Indsoya Limited. The results reflect a consolidated view of the standalone entity, as no subsidiary data was provided in the extract. The turnaround from a loss position in Q1FY25 to a profitable quarter highlights improved cost management or favorable external factors contributing to the current fiscal year's performance.