Borosil Renewables to consider Q2 FY27 results on October 30
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Borosil Renewables Limited will hold its board meeting on October 30, 2026, to consider unaudited standalone and consolidated financial results for Q2 and H1 FY27 ended September 30, 2026. The company has not disclosed any financial figures or board decisions in its advance intimation, making the results announcement the next material update for investors.
When will Borosil Renewables announce Q2 FY27 results?
Borosil Renewables will consider and approve its unaudited financial results for the quarter and half-year ended September 30, 2026, at a board meeting scheduled for October 30, 2026. The company informed BSE and NSE of the meeting through an advance board-meeting intimation dated October 23.
The notice covers both standalone and consolidated results. It does not include expected revenue, profit, margin, volume, capacity-utilisation or cash-flow figures. Therefore, the October 30 disclosure will be the first stated financial update from Borosil Renewables for the September quarter.
The company has also kept its trading window closed until 48 hours after the results are declared. This is part of the process stated in the announcement ahead of the board's consideration of the financial statements.
What will Borosil Renewables discuss with investors on October 30?
Borosil Renewables will host an investor conference call at 5:15 PM IST on October 30 to discuss its Q2 and H1 FY27 financial results. The company has invited analysts and shareholders to participate through dial-in facilities and a pre-registration link.
The call is scheduled after the board meeting and is intended to cover recent financial performance and management's outlook. No guidance, targets, or specific discussion points for the call were disclosed in the supplied announcement beyond the Q2 and H1 FY27 results.
For investors, the board outcome and the conference call are separate parts of the same results-day process. The financial statements will provide the reported numbers, while the call is expected to provide management's discussion of those results and current operations.
How did Borosil Renewables perform in Q1 FY27?
Borosil Renewables reported Q1 FY27 standalone revenue from operations of ₹405.69 crore and EBITDA of ₹142 crore, representing a 35% EBITDA margin, according to the supplied Q1 results summary. The same summary said revenue was 53% higher year on year and that consolidated figures matched standalone results.
The company reported net profit of ₹86.6 crore for the June quarter. Another earnings summary stated first-quarter net income of ₹868.4 million and earnings per share of ₹6.19, compared with a loss per share of ₹12.56 in the corresponding first quarter of the prior year. ₹868.4 million is equivalent to ₹86.84 crore, broadly aligning with the reported net-profit figure.
Some supplied earnings data show different revenue growth comparisons, including revenue of about ₹405 crore with year-on-year growth of 17.06%, while another summary cited revenue of ₹4.20 billion and 21% growth. The detailed Q1 standalone summary cited ₹405.69 crore revenue and 53% year-on-year growth. The October 30 results will provide the next official period's reported figures.
What is the status of Borosil Renewables' capacity expansion?
Borosil Renewables has approved a revised investment of ₹1,100 crore to expand capacity from 1,000 tonnes per day to 1,600 tonnes per day. The project involves commissioning two furnaces of 300 tonnes per day each, with commissioning targeted by the end of March 2027.
The revised project cost is ₹150 crore above the original plan. Borosil Renewables attributed the additional cost and schedule revision from the initial December 2026 timeline to Middle East conflict-driven cost increases and supply-chain disruptions. The company stated that the additional ₹150 crore would be funded internally, without new borrowings.
The company has also referred to a 600-tonnes-per-day capacity expansion planned for Q4 FY27. Higher manufacturing capacity is relevant to the company's solar-glass operations, particularly because its Q1 summary cited full capacity utilisation and higher average selling prices of ₹160.30 per mm².
Why do the Q2 FY27 results matter for Borosil Renewables investors?
The Q2 FY27 release matters because it will show whether the profitability reported in Q1 continued through the September quarter. In Q1, Borosil Renewables reported ₹86.6 crore net profit after a loss in the corresponding first quarter of the previous year, alongside a reported EBITDA margin of 35%.
The results will also provide an updated financial reference point for the ₹1,100 crore expansion programme. While the company has said the additional project cost will be met internally without fresh borrowing, the advance results notice does not disclose expenditure incurred, funding balances, debt levels, or any change in the project timetable.
Policy and operating conditions are also relevant to the business. Management previously highlighted government support through ALMM 2 and ALMM 3 and extensions of customs duty on solar glass. The Q2 disclosure may provide further information on operations, though no such details were included in the board-meeting intimation.
Conclusion
Borosil Renewables is scheduled to place its unaudited Q2 and H1 FY27 standalone and consolidated financial results before the board on October 30, followed by an investor call the same evening. The announcement is significant because the company previously reported a profitable Q1 FY27, with ₹405.69 crore standalone revenue, ₹142 crore EBITDA and ₹86.6 crore net profit.
Investors will next watch for the board-approved September-quarter figures, management's comments during the 5:15 PM IST call, and progress on the 1,600-tonnes-per-day capacity target due by the end of March 2027. Borosil Renewables has also announced that it will report Q3 2027 results on February 14, 2027.
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