Empire Industries Limited , a diversified manufacturing company, has announced a significant change in its senior management. Mr. Sudarshan Singh Parmar, the Director of the Vitrum Glass Division, has retired from his position due to superannuation, effective November 20, 2025.

Key Details of the Retirement

The retirement of Mr. Parmar marks the end of his tenure at the helm of the Vitrum Glass Division, one of Empire Industries' key business segments. This change in the senior management structure is expected to impact the division's leadership dynamics.

Company Disclosure and Compliance

Empire Industries Limited, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, has promptly informed the stock exchanges about this development. The company's disclosure adheres to the requirements set forth by SEBI, ensuring transparency for its stakeholders.

About Empire Industries Limited

Empire Industries Limited is a multi-faceted company with diverse business interests. Its divisions include:

• Vitrum Glass
• Empire Machine Tools
• Empire Industrial Equipment
• Empire Industrial Centrum
• GRABBIT (Vending)
• Empire Foods

The Vitrum Glass Division, which Mr. Parmar headed, is a significant part of the company's operations, though specific details about its contribution to the overall business were not provided in the available information.

As the company moves forward, the management of Empire Industries will likely be focusing on ensuring a smooth transition in the leadership of the Vitrum Glass Division. Stakeholders and market observers will be keen to see how this change might influence the division's strategy and performance in the coming months.

Empire Industries Limited , a diversified company operating in manufacturing, trading, property development, and other segments, has announced its financial results for the second quarter ended September 30, 2025. The company reported a significant increase in net profit despite a decline in revenue.

Financial Highlights

• Net profit for Q2 FY26 stood at Rs 1,238.79 lakhs, up 26.3% from Rs 980.78 lakhs in the same quarter last year.
• Revenue from operations decreased to Rs 10,038.33 lakhs, compared to Rs 16,341.39 lakhs in Q2 FY25, marking a 38.6% decline.
• For the half-year period, net profit increased to Rs 2,201.26 lakhs from Rs 1,949.46 lakhs in the previous year, a growth of 12.9%.
• Half-yearly revenue reached Rs 26,718.48 lakhs, down from Rs 31,507.89 lakhs in the corresponding period last year.
• Earnings per share (EPS) for the quarter improved to Rs 20.68 from Rs 16.35 in the same period last year.

Segment Performance

The company's performance varied across its different business segments:

Financial Position

As of September 30, 2025:

• Total assets stood at Rs 80,902.89 lakhs
• Total liabilities were Rs 48,356.93 lakhs
• Shareholders' equity was Rs 32,545.96 lakhs

Management Commentary

The Board of Directors approved these unaudited financial results in their meeting held on November 12, 2025. While Empire Industries faced challenges in revenue generation, particularly in its trading and property development segments, it managed to improve profitability through cost management and operational efficiencies.

Outlook

Despite the revenue decline, Empire Industries' improved profitability and diverse business portfolio position it well for future growth. The company's ability to increase earnings in a challenging environment demonstrates its resilience and adaptability across various market conditions.

Investors and stakeholders will be watching closely to see if the company can maintain its profit growth while working to reverse the revenue decline in the coming quarters.