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Welcome to Whispers in the Corridors — Politcs. Bureaucracy. Corporate Fresh stories from the corridors of power, delivered daily.
Corporate

CFO Exit and Financial Disclosure in Engineering

NIBE Ltd, a Pune-based defence and EV components manufacturer, reported its Q2FY26 results on December 24, 2025, revealing a 46% QoQ revenue drop to ₹73.4 crore and a 193% PAT decline to -₹8.44 crore. Amid this, the company announced the exit of its CFO, signaling potential internal restructurin

By Whispers in the Corridors 1 min read

NIBE Ltd, a Pune-based defence and EV components manufacturer, reported its Q2FY26 results on December 24, 2025, revealing a 46% QoQ revenue drop to ₹73.4 crore and a 193% PAT decline to -₹8.44 crore. Amid this, the company announced the exit of its CFO, signaling potential internal restructuring to address EV segment challenges while pivoting toward defence contracts like BrahMos integrations.

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