Andrew Yule & Company , a government enterprise, has reported a turnaround in its quarterly performance, posting a profit for the quarter ended September 30. However, the company continues to face significant financial challenges.

Q2 Financial Highlights

• Profit of Rs 135.99 lakh for Q2
• Loss of Rs 2,367.94 lakh in the previous quarter (Q1)
• Half-year results show a loss of Rs 2,553.40 lakh

Improved Quarterly Performance

The company's Q2 results mark a significant improvement from the previous quarter's loss. This turnaround suggests some positive developments in the company's operations or market conditions.

Ongoing Financial Challenges

Despite the quarterly profit, Andrew Yule & Company faces several financial hurdles:

1. Delayed Payments: The company has substantial outstanding liabilities:

2. Regulatory Non-Compliance: SEBI has levied penalties totaling Rs 23.94 lakh for non-compliance with listing regulations.

3. Half-Year Losses: Despite the Q2 profit, the company's half-year results still show a significant loss.

Management Actions

The company has taken steps to address these issues:

1. SEBI Penalty Waiver: Andrew Yule & Company has requested SEBI to waive the penalties via letters dated May 30 and August 29.

2. Board Appointments: The company is strengthening its leadership, with the appointment of Shri Sharad Kumar as Director (Planning) pending his assumption of charge.

Looking Ahead

While the Q2 profit is a positive sign, Andrew Yule & Company still faces significant challenges. The company's ability to sustain profitability, address its outstanding liabilities, and ensure regulatory compliance will be crucial for its long-term financial health.

Investors and stakeholders will likely be watching closely to see if the company can build on this quarter's positive results and address its ongoing financial and regulatory challenges.

Andrew Yule & Company Limited, a Government of India enterprise, has announced a significant change in its leadership team. The company has appointed Sharad Kumar as the new Director (Planning) for a five-year term, as per a recent communication from the Ministry of Heavy Industries.

Key Details of the Appointment

Conditions for Assuming Office

The appointment comes with certain procedural requirements. Sharad Kumar will officially assume his role as Director once he obtains his Director Identification Number (DIN), as mandated by the Companies Act, 2013. This step ensures compliance with regulatory standards for corporate governance.

Company Disclosure

Andrew Yule & Co. Ltd. disclosed this information to the Bombay Stock Exchange (BSE) on November 3, 2025, in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was made promptly upon the company's receipt of the official order from the Ministry of Heavy Industries.

Upcoming Board Meeting

In a separate announcement, the company has also notified its shareholders about an upcoming board meeting. The 274th Board meeting is scheduled for November 13, 2025, at 3:00 p.m., to be held via video conferencing. During this meeting, the Board will consider and record the Unaudited Financial Results for the quarter and six months ended September 30, 2025.

As per standard practice for such events, the company has closed the Trading Window for Designated Employees until November 15, 2025, to ensure fair trading practices.

These developments indicate active governance and transparency in Andrew Yule & Co. Ltd.'s operations, keeping shareholders informed about both leadership changes and financial reporting schedules.