Mumbai, July 9 -- The company said gross margins remained stable during the quarter compared with the corresponding period of the previous year.

Net debt stood at around Rs 864 crore as of June 30, 2026, reflecting planned investments in capacity expansion and capabilities, along with a strategic inventory build-up to support business continuity amid a fluid operating environment.

The company added that the financial information is based on provisional and unaudited consolidated financial results and is subject to a limited review by its statutory auditors.

S H Kelkar and Company is engaged in the manufacturing, supply, and export of fragrances and aroma ingredients. It is the largest domestic fragrance producer in India and the only I...