Financial Results Highlights
Consolidated Performance (Q2 FY27 vs Q2 FY26):
- Revenue from operations: ₹6,931.19 crore (up 21.3% from ₹5,715.42 crore)
- Total income: ₹6,992.51 crore (up 21.9% from ₹5,738.67 crore)
- Profit before tax: ₹596.83 crore (up 75.3% from ₹340.53 crore)
- Profit after tax: ₹447.32 crore (up 77.8% from ₹251.70 crore)
- Basic EPS: ₹110.10 (up 75.7% from ₹62.66)
- Diluted EPS: ₹109.78 (up 75.5% from ₹62.55)
Consolidated Performance (H1 FY27 vs H1 FY26):
- Revenue from operations: ₹13,522.25 crore (up 25.0% from ₹10,819.58 crore)
- Total income: ₹13,617.21 crore (up 25.3% from ₹10,871.80 crore)
- Profit before tax: ₹1,219.46 crore (up 76.0% from ₹693.05 crore)
- Profit after tax: ₹914.80 crore (up 77.7% from ₹514.61 crore)
- Basic EPS: ₹225.16 (up 75.8% from ₹128.11)
- Diluted EPS: ₹224.55 (up 75.5% from ₹127.94)
Standalone Performance (Q2 FY27 vs Q2 FY26):
- Revenue from operations: ₹6,837.72 crore (up 25.2% from ₹5,462.93 crore)
- Profit after tax: ₹435.19 crore (up 71.4% from ₹253.87 crore)
- Basic EPS: ₹107.12 (up 69.5% from ₹63.20)
Standalone Performance (H1 FY27 vs H1 FY26):
- Revenue from operations: ₹13,315.07 crore (up 28.7% from ₹10,344.00 crore)
- Profit after tax: ₹888.21 crore (up 73.6% from ₹511.66 crore)
- Basic EPS: ₹218.62 (up 71.6% from ₹127.38)
Segment Performance (Consolidated)
Conductors Segment (H1 FY27):
- Revenue: ₹7,091.59 crore (up 20.5% YoY)
- Segment results: ₹545.56 crore
- Premium mix: 44.1%
Transformer and Specialty Oils Segment (H1 FY27):
- Revenue: ₹3,516.93 crore (up 35.3% YoY)
- Segment results: ₹630.96 crore
Power/Telecom Cables Segment (H1 FY27):
- Revenue: ₹3,712.70 crore (up 25.7% YoY)
- Segment results: ₹385.72 crore
Key Operational Metrics
- Highest ever pending order book: ₹12,025 crore (up 67.2% YoY)
- Export proportion in order book: 51.0%
- New orders in Q2 FY27: ₹4,775 crore (up 123.1% YoY)
- Received US tariff refunds: ₹42.75 crore (excluding amounts repayable to customers)
Board Approvals
1. ESAR Allotment: Approved allotment of 2,720 equity shares against exercise of Employee Stock Appreciation Rights under ESAR Plan 2024. Post-allotment paid-up share capital increased from ₹41,87,23,370 to ₹41,87,50,570.
2. Director Re-appointment: Re-appointed Mr. Kaushal J. Sampat (DIN: 01932997) as Independent Director for a second term of 5 consecutive years from January 31, 2027, subject to shareholder approval.
3. Subsidiary Investment: Approved additional investment of up to USD 100 million in Petroleum Specialities Pte Ltd, Singapore (wholly owned subsidiary) through equity/preference shares or debt instruments.
Capital Structure Impact
- QIP Allotment: On August 13, 2026, allotted 16,88,618 equity shares at premium of ₹14,795 per share aggregating ₹2,500 crore to QIBs
- ESAR Allotment: 2,720 equity shares allotted during quarter
- Paid-up capital increased from ₹40.17 crore to ₹41.87 crore
Subsidiary Updates
- Infused ₹5.76 crore in wholly owned subsidiary APAR Brazil Ltda during the quarter
- Investment proposal of USD 100 million in Petroleum Specialities Pte Ltd, Singapore
Dividend Information
- Paid dividend of ₹60 per equity share for FY25-26 on 4,18,72,337 eligible shares
- Total dividend payment: ₹250.19 crore
Auditor Qualifications
- Financial results of 6 subsidiaries not reviewed by auditors but certified by management
- Includes subsidiaries with total assets of ₹529.78 crore and revenue of ₹173.08 crore (Q2)
- Associate company results included with group share of net profit of ₹0.11 crore (Q2)