ELANTAS Beck India appoints CFO; quarterly net profit rises to ₹46 crore

The appointment and the quarter in numbers

Supriya Bansal takes the CFO and KMP role from 28 Oct 2026

The appointment is full-time and was made on recommendation of the Nomination & Remuneration Committee and the Audit Committee. Supriya Bansal is responsible for all CFO and key managerial duties under the Companies Act, 2013 and SEBI Listing Regulations, and for the finance and accounts function, including digitalization and sustainability initiatives.

Bansal is a Chartered Accountant (India) and Chartered Global Management Accountant (UK). The company says she brings 22 years of experience. Rahul Pomal's designation changes from Country Head - Human Resources India to Country Head - Human Resources, Corporate Services & Administration, India, effective 28 Oct 2026.

Quarterly results rose, and the Ankleshwar closure order was revoked

Unaudited revenue from operations rose 22.5% to ₹265.31 crore for the quarter ended 30 Sep 2026, from ₹216.55 crore a year earlier. Net profit rose 25.6% to ₹45.55 crore, from ₹36.26 crore. For the nine months, net profit was ₹147.49 crore, up 36.0%.

Basic and diluted earnings per share were ₹57.45 for the quarter, not annualised, against ₹45.74 a year earlier. The Audit Committee reviewed the statement, and the Board approved it on 28 Oct 2026 after a limited review by MSKA & Associates LLP.

The results carry past service cost of ₹63.87 lakh for gratuity and ₹76.73 lakh for compensated absences, recognised in the quarter and year ended 31 Dec 2025. They arose primarily from a change in the definition of wages under the New Labour Codes, effective 21 Nov 2025.

The Gujarat Pollution Control Board directed closure of the Ankleshwar operations on 6 Mar 2019 over suspected groundwater contamination. It granted temporary revocation until 3 Oct 2026; the company applied for permanent revocation on 17 Aug 2026 and received the permanent revocation order on 27 Oct 2026.

What the appointment and the Ankleshwar revocation mean for ELANTAS Beck India's shareholders

Alongside the quarter's results, the report covers the new CFO, the designation change and the permanent revocation of the Ankleshwar closure order. The announcement does not give Supriya Bansal's remuneration, the Ankleshwar operations' share of revenue or profit, or the expected financial effect of the revocation.

The company says it will keep monitoring the finalisation of State Rules and clarifications under the Labour Codes, and will give accounting effect as needed.

Reference: Original filing (PDF)