Cochin Minerals and Rutile Limited Announces Change in Nominee Director

Cochin Minerals & Rutile has announced a change in its board composition, as communicated by the Kerala State Industrial Development Corporation Limited (KSIDC). The company has informed the stock exchanges about this development in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Changes in Board Composition

Outgoing Director	Incoming Director
Shri. Hari Krishnan R, IRTS	Shri Rajesh Jacob
Executive Director	Dy. General Manager CCO
DIN: 10762540	DIN: 06443594

KSIDC has withdrawn the nomination of Shri. Hari Krishnan R, IRTS, who previously served as the Executive Director on Cochin Minerals and Rutile Limited's board. Consequently, Shri. Hari Krishnan R will vacate his office as a Director from the company's Board.

In his place, KSIDC has nominated Shri Rajesh Jacob, who currently holds the position of Dy. General Manager CCO, as their new Nominee Director on the Board of Cochin Minerals and Rutile Limited.

Next Steps

The company has stated that these changes will be placed for consideration in the forthcoming Board Meeting. Cochin Minerals and Rutile Limited has assured that all necessary actions will be carried out in compliance with the applicable provisions of the Companies Act, 2013 and SEBI Regulations.

This board restructuring reflects KSIDC's ongoing involvement in Cochin Minerals and Rutile Limited's governance and highlights the relationship between state development corporations and publicly listed companies.

Shareholders and investors of Cochin Minerals and Rutile Limited should take note of this change in the company's leadership structure.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.61%	-3.39%	-12.31%	-16.17%	-33.31%	+104.30%

Cochin Minerals & Rutile , a 100% Export Oriented Unit (EOU) and 3 Star Export House, has released its unaudited standalone financial results for the second quarter and half-year ended September 30, 2025. The company, known for its eco-friendly operations, faced a significant decline in both revenue and profitability compared to the same period last year.

Financial Highlights

Particulars (in ₹ crores)	Q2 FY2026	Q2 FY2025	H1 FY2026	H1 FY2025
Total Income	6.61	14.52	21.05	91.35
Net Profit After Tax	2.08	9.50	1.78	6.78

Key Points

Quarterly Performance

For Q2 FY2026, Cochin Minerals and Rutile Limited reported a total income of ₹6.61 crores, marking a substantial decrease from ₹14.52 crores in the corresponding quarter of the previous year.

Half-Yearly Results

The company's performance for the first half of FY2026 showed a more pronounced decline. Total income for H1 FY2026 stood at ₹21.05 crores, significantly lower than the ₹91.35 crores reported in H1 FY2025.

Profitability

Net profit after tax for Q2 FY2026 was ₹2.08 crores, down from ₹9.50 crores in Q2 FY2025. For the half-year, net profit after tax decreased to ₹1.78 crores from ₹6.78 crores in the previous year.

Equity Share Capital

The company's equity share capital remains unchanged at ₹7.77 crores.

Transparency and Compliance

In line with regulatory requirements, Cochin Minerals and Rutile Limited has published these results in Financial Express and Kerala Kaumudi newspapers. The detailed financial results are also available on the company's official website, allowing investors and stakeholders easy access to this crucial information.

The significant year-over-year decline in both revenue and profitability may be of interest to investors and stakeholders. As the company navigates through this period of reduced financial performance, stakeholders may be keen to understand the underlying factors and any potential strategies to address these challenges in the coming quarters.