Fine Organic Industries Limited, a leading specialty chemicals manufacturer, has announced its financial results for the second quarter of fiscal year 2026, demonstrating resilient performance amid challenging market conditions.

Financial Highlights

For the quarter ended September 30, 2025, Fine Organic Industries reported:

The company's standalone net profit saw a modest increase of 2.6% year-over-year, rising from ₹92.89 crore in Q2 FY25 to ₹95.35 crore in Q2 FY26. Revenue from operations also showed growth, increasing by 2.3% to ₹571.93 crore compared to ₹559.15 crore in the same quarter of the previous fiscal year.

Half-Year Performance

For the six-month period ending September 30, 2025:

• Net profit reached ₹188.24 crore
• Revenue stood at ₹731.07 crore

Insurance Settlement

Fine Organic Industries received an insurance settlement of ₹6.98 crore related to business interruption from a fire incident that occurred in January 2024. This settlement has been recognized as an exceptional item in the financial results.

Dividend

The Board of Directors had previously recommended a final dividend of ₹11 per share for the year ended March 31, 2025, which was paid out to shareholders in August 2025.

Business Segment

Fine Organic Industries primarily operates in the specialty chemicals manufacturing sector, with its business activity falling within a single primary business segment as per IND AS-108 "Operating Segments".

Consolidated Performance

On a consolidated basis, the company reported:

• Revenue from operations of ₹1,185.07 crore for H1 FY26
• Net profit of ₹225.65 crore for H1 FY26

The company's performance reflects its ability to navigate market challenges and maintain growth momentum in the specialty chemicals sector.

Fine Organic Industries Limited , a prominent player in the specialty chemicals sector, announced a significant change in its board composition. Ms. Pratima Umarji, an Independent Director of the company, has stepped down from her position, citing ongoing health concerns.

Key Details of the Resignation

• Member of Nomination and Remuneration Committee |

Impact on Board Composition

Despite the change in board structure following Ms. Umarji's resignation, Fine Organic Industries has assured stakeholders that the Board remains duly constituted in accordance with Regulation 17 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Regulatory Compliance

In line with regulatory requirements, Fine Organic Industries has promptly disclosed this development to the stock exchanges. The company has submitted the necessary information as mandated by SEBI regulations, including:

1. The detailed reasons for the resignation
2. Confirmation from Ms. Umarji that there were no material reasons for her resignation other than the stated health concerns
3. Information about her directorships in other listed entities and board committee memberships (reported as nil)

Company's Response

Fine Organic Industries acknowledged Ms. Umarji's contribution to the company. The resignation letter and related details have been made available on the company's website ( https://www.fineorganics.com/ ) for transparency and in compliance with regulatory norms.

This development underscores the importance of corporate governance and the need for timely disclosure of significant changes in board composition. Stakeholders and investors will likely be watching closely to see how Fine Organic Industries manages this transition and maintains the effectiveness of its board committees in the wake of Ms. Umarji's departure.