Financial Results - Standalone (Rs. in Lacs)

Quarter Ended 30.09.2026:
  • Revenue from Operations: ₹42,091.80
  • Other Income: ₹67.25
  • Total Income: ₹42,159.05
  • Total Expenses: ₹38,852.93
  • Profit Before Tax: ₹3,306.12
  • Tax Expense: ₹930.94 (Current Tax: ₹875.79, Deferred Tax: ₹55.15)
  • Profit After Tax: ₹2,375.18
  • EPS: ₹17.71 (Basic & Diluted)
Half Year Ended 30.09.2026:
  • Revenue from Operations: ₹72,692.13
  • Other Income: ₹254.12
  • Total Income: ₹72,946.25
  • Total Expenses: ₹67,593.29
  • Profit Before Tax: ₹5,352.96
  • Tax Expense: ₹1,445.13 (Current Tax: ₹1,219.37, Deferred Tax: ₹225.76)
  • Profit After Tax: ₹3,907.83
  • EPS: ₹29.14 (Basic & Diluted)

Financial Results - Consolidated (Rs. in Lacs)

Quarter Ended 30.09.2026:
  • Revenue from Operations: ₹50,694.38
  • Other Income: ₹58.08
  • Total Income: ₹50,752.46
  • Total Expenses: ₹47,308.35
  • Share of Net Loss of Associate: ₹(292.90)
  • Profit Before Tax: ₹3,151.21
  • Tax Expense: ₹920.93 (Current Tax: ₹883.27, Deferred Tax: ₹37.66)
  • Profit After Tax: ₹2,230.28
  • EPS: ₹16.59 (Basic & Diluted)
Half Year Ended 30.09.2026:
  • Revenue from Operations: ₹87,973.90
  • Other Income: ₹245.86
  • Total Income: ₹88,219.76
  • Total Expenses: ₹82,595.73
  • Share of Net Loss of Associate: ₹(169.18)
  • Profit Before Tax: ₹5,454.85
  • Tax Expense: ₹1,448.30 (Current Tax: ₹1,229.58, Deferred Tax: ₹218.72)
  • Profit After Tax: ₹4,006.55
  • EPS: ₹29.80 (Basic & Diluted)

Key Performance Indicators - Fashion Business

Q2 FY27 Highlights:
  • Revenue: ₹506.9 crore (26.93% YoY growth)
  • Raw Material Consumption: 60.3% of revenue
  • Employee Cost: 5.4% of revenue
  • EBITDA: ₹51.4 crore (10.1% margin)
  • Profit After Tax: ₹25.2 crore (5.0% margin)
H1 FY27 Highlights:
  • Revenue: ₹879.7 crore (29.49% YoY growth)
  • Profit After Tax: ₹41.8 crore (94.78% YoY growth)

Balance Sheet Position (Standalone as of 30.09.2026)

  • Total Assets: ₹139,687.26 lacs
  • Inventories: ₹76,729.82 lacs
  • Trade Receivables: ₹20,737.90 lacs
  • Cash & Cash Equivalents: ₹2,872.07 lacs
  • Total Equity: ₹48,212.78 lacs
  • Borrowings: ₹59,899.97 lacs (Non-current: ₹11,793.92 lacs, Current: ₹48,106.05 lacs)

Cash Flow Statement (Standalone H1 FY27)

  • Cash from Operating Activities: ₹330.54 lacs
  • Cash used in Investing Activities: ₹(2,274.46) lacs
  • Cash from Financing Activities: ₹4,480.99 lacs
  • Net Increase in Cash: ₹2,537.07 lacs

Subsidiaries and Associates

The consolidated results include 13 subsidiaries and 2 associates. The review report notes that 8 subsidiaries (with total assets of ₹30,758.26 lacs and total revenues of ₹15,984.63 lacs for Q2 and ₹27,670.16 lacs for H1) and 2 associates were reviewed by other auditors.

Significant Event

During the period, pursuant to a Scheme of Arrangement between Bhartiya Urban Private Limited (BUPL, an associate company) and its wholly owned subsidiaries, the resulting company issued equity shares and redeemable preference shares to Bhartiya International Limited in proportion to its shareholding in BUPL.

Segment Information

The company operates in a single business segment - Fashion Apparels and Accessories including Intermediaries as per Ind AS 108.

Auditor Review

The financial results were reviewed by A S Poddar & Associates, Chartered Accountants (Firm Reg. No. 014969N), who issued a limited review report stating that nothing came to their attention suggesting material misstatement.

Additional Information

The financial results are available on the company's website (www.bhartiya.com) and websites of BSE and NSE.