Concord Enviro Q2 FY27 Net Profit at ₹6.55 Crore

Date: November 3, 2026

Board of Directors meeting held on November 3, 2026, from 16:45 to 17:15 IST approved:

Unaudited Standalone and Consolidated Financial Results for quarter and half year ended September 30, 2026
Statement of Deviation/Variation in IPO proceeds utilization for quarter and half year ended September 30, 2026

Revenue from operations: ₹189.32 (vs ₹136.83 in Q2 FY26)
Other income: ₹0.16 (vs ₹20.00 in Q2 FY26)
Total income: ₹204.01 (vs ₹156.83 in Q2 FY26)
Total expenses: ₹193.33 (vs ₹150.75 in Q2 FY26)
Profit before tax: ₹10.68 (vs ₹6.08 in Q2 FY26)
Tax expense: ₹4.13 (vs ₹4.93 in Q2 FY26)
Profit after tax: ₹6.55 (vs ₹1.02 in Q2 FY26)
Other comprehensive income: ₹0.31
Total comprehensive income: ₹6.85
Basic/Diluted EPS: ₹0.32 (vs ₹0.49 in Q2 FY26)

Revenue from operations: ₹314.43 (vs ₹243.01 in H1 FY26)
Other income: ₹26.94 (vs ₹5.20 in H1 FY26)
Total income: ₹341.37 (vs ₹248.21 in H1 FY26)
Total expenses: ₹328.54 (vs ₹242.28 in H1 FY26)
Profit before tax: ₹12.83 (vs ₹5.93 in H1 FY26)
Tax expense: ₹7.23 (vs ₹0.33 in H1 FY26)
Profit after tax: ₹5.60 (vs ₹5.60 in H1 FY26)
Other comprehensive income: ₹0.31
Total comprehensive income: ₹5.91
Basic/Diluted EPS: ₹0.46 (vs ₹2.40 in H1 FY26)

Total assets: ₹2,498.35 (vs ₹2,311.18 as at March 31, 2026)
Equity share capital: ₹103.48
Other equity: ₹2,084.97 (vs ₹2,075.17 as at March 31, 2026)
Total equity: ₹2,188.45 (vs ₹2,178.65 as at March 31, 2026)
Non-current liabilities: ₹46.42 (vs ₹41.22 as at March 31, 2026)
Current liabilities: ₹263.48 (vs ₹91.31 as at March 31, 2026)

Revenue from operations: ₹1,344.55 (vs ₹1,248.45 in Q2 FY26)
Other income: ₹8.91 (vs ₹59.08 in Q2 FY26)
Total income: ₹1,353.46 (vs ₹1,307.53 in Q2 FY26)
Total expenses: ₹1,372.56 (vs ₹1,257.44 in Q2 FY26)
Loss before tax: ₹(22.31) (vs profit ₹48.45 in Q2 FY26)
Share of loss of joint ventures: ₹(3.21) (vs ₹(1.64) in Q2 FY26)
Tax expense: ₹14.04 (vs credit ₹(4.65) in Q2 FY26)
Loss after tax from continuing operations: ₹(36.35) (vs profit ₹53.10 in Q2 FY26)
Loss from discontinued operations: ₹(4.69) (vs ₹(8.19) in Q2 FY26)
Net loss after tax: ₹(41.04) (vs profit ₹44.91 in Q2 FY26)
Other comprehensive income: ₹37.44
Total comprehensive income: ₹(3.60)
Basic/Diluted EPS from continuing operations: ₹(1.76) (vs ₹2.57 in Q2 FY26)
Basic/Diluted EPS from discontinued operations: ₹(0.23) (vs ₹(0.40) in Q2 FY26)
Basic/Diluted EPS total: ₹(1.99) (vs ₹2.17 in Q2 FY26)

Revenue from operations: ₹2,198.02 (vs ₹2,272.37 in H1 FY26)
Other income: ₹19.60 (vs ₹209.64 in H1 FY26)
Total income: ₹2,217.62 (vs ₹2,482.01 in H1 FY26)
Total expenses: ₹2,423.46 (vs ₹2,370.82 in H1 FY26)
Loss before tax: ₹(219.41) (vs profit ₹111.19 in H1 FY26)
Share of loss of joint ventures: ₹(13.57) (vs ₹(4.65) in H1 FY26)
Tax credit: ₹(11.70) (vs expense ₹2.06 in H1 FY26)
Loss after tax from continuing operations: ₹(207.71) (vs profit ₹104.48 in H1 FY26)
Loss from discontinued operations: ₹(9.02) (vs ₹(18.38) in H1 FY26)
Net loss after tax: ₹(216.73) (vs profit ₹86.10 in H1 FY26)
Other comprehensive income: ₹38.58
Total comprehensive loss: ₹(178.15)
Basic/Diluted EPS from continuing operations: ₹(10.04) (vs ₹5.05 in H1 FY26)
Basic/Diluted EPS from discontinued operations: ₹(0.44) (vs ₹(0.89) in H1 FY26)
Basic/Diluted EPS total: ₹(10.48) (vs ₹4.16 in H1 FY26)

As at September 30, 2026 (₹ in million):

Breakdown of utilization:

Investment in CEF for greenfield project: ₹75.35 utilized of ₹250.00 allocated
Investment in RSSPL for brownfield expansion: ₹7.50 utilized of ₹105.05 allocated
Purchase of plant and machinery: ₹4.84 utilized of ₹32.07 allocated
Investment in Concord Enviro FZE for debt repayment: ₹500.00 utilized of ₹500.00 allocated
Investment in CEF for working capital: ₹200.00 utilized of ₹200.00 allocated
Investment in Roserve Enviro JV: ₹0.00 utilized of ₹100.00 allocated
Technology and growth initiatives: ₹209.58 utilized of ₹235.00 allocated
General corporate purposes: ₹198.45 utilized of ₹198.64 allocated

Business segment: Single segment of water treatment products and technologies
Discontinued operations: Blue Water Trading & Treatment FZE under liquidation process since February 13, 2025
No material deviations in IPO proceeds utilization as per monitoring agency ICRA Limited

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