De Nora India Limited has announced the closure of its trading window ahead of the declaration of its third quarter financial results for FY26. The company informed stock exchanges about this regulatory compliance measure through an official communication dated December 24, 2025.

Trading Window Closure Details

The trading window restrictions will apply to all designated persons and their immediate relatives, covering transactions in the company's shares. The closure period has been structured to ensure compliance with insider trading regulations.

Regulatory Compliance Framework

The trading window closure is implemented pursuant to the company's Code of Conduct for Prohibition of Insider Trading and the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulation, 2015. This measure ensures that individuals with access to unpublished price-sensitive information cannot trade in the company's securities during the sensitive period surrounding financial results.

Board Meeting and Results Timeline

De Nora India Limited will announce the specific date for its board meeting to consider and approve the unaudited financial results for the quarter ended December 31, 2025, in due course. The company has committed to making all relevant information available on its official website at india.denora.com for stakeholder access.

Communication and Transparency

The company secretary, Shrikant Pai, signed the official communication to both the National Stock Exchange of India Limited and BSE Limited. This formal notification ensures that all market participants are aware of the trading restrictions and can plan their investment activities accordingly. The company maintains its commitment to transparent communication with stakeholders through proper regulatory disclosures.

De Nora India Limited , a leading player in electrode technologies, has reported a mixed set of financial results for the second quarter ended September 30, 2025. The company saw a significant decline in revenue but managed to improve its profitability.

Revenue Decline

De Nora India reported total income from operations of Rs 2,854.28 crore for Q2 FY2026, marking a 35% decrease from Rs 4,402.68 crore in the previous quarter. However, when compared to the same quarter last year, the company saw a 44% increase from Rs 1,978.09 crore.

Improved Profitability

Despite the revenue decline, the company's net profit after tax showed improvement:

The company's net profit increased by 19% quarter-on-quarter and 18% year-on-year.

Half-Yearly Performance

For the first half of FY2026, De Nora India's total income reached Rs 6,786.91 crore, compared to Rs 3,388.18 crore in the corresponding period of the previous year, representing a substantial growth of 100%.

Earnings Per Share

The earnings per share (EPS) for Q2 FY2026 stood at Rs 7.29, up from Rs 6.12 in the previous quarter, indicating an improvement in the company's profitability on a per-share basis.

Warranty Provisions

During the quarter, De Nora India recognized provisions of Rs 427.15 crore relating to warranty. These provisions are determined based on past warranty claims and other pertinent factors, which may impact the company's future financial obligations.

Management Commentary

Vinay Chopra, Managing Director of De Nora India Limited, stated, "While we faced challenges in our top-line performance this quarter, our focus on operational efficiency has resulted in improved profitability. We remain committed to delivering value to our shareholders and maintaining our position as a leader in electrode technologies."

Outlook

The company's ability to improve profitability despite revenue challenges suggests effective cost management and operational efficiency. However, the significant quarter-on-quarter revenue decline may warrant attention from investors and analysts in the coming quarters.

De Nora India's financial results were reviewed by the Audit Committee and approved by the Board of Directors in their meeting held on November 5, 2025. The company continues to operate in the Electrode Technologies segment, which remains its sole reportable segment as per Ind AS 108 - Operating Segments.

Investors and stakeholders will likely keep a close watch on De Nora India's performance in the coming quarters to see if the company can maintain its profitability while addressing the challenges in revenue growth.