Financial Results (Quarter Ended September 30, 2026)
Income Statement:
- Revenue from Operations: ₹8,666.27 lakhs (₹86.66 crore)
- Other Income: ₹28.39 lakhs
- Total Income: ₹8,694.66 lakhs
Expenses:
- Cost of Materials Consumed: ₹5,531.06 lakhs
- Employee Benefits Expense: ₹1,386.54 lakhs
- Finance Cost: ₹30.33 lakhs
- Depreciation and Amortisation: ₹324.78 lakhs
- Other Expenses: ₹386.20 lakhs
- Total Expenses: ₹7,668.65 lakhs
Profitability:
- Profit Before Tax: ₹1,026.01 lakhs
- Income Tax Expense: ₹243.47 lakhs (Current Tax: ₹270.08 lakhs, Deferred Tax: ₹(26.60) lakhs)
- Profit for the Period: ₹782.53 lakhs (₹7.83 crore)
- Basic EPS: ₹16.07
- Diluted EPS: ₹16.07
Half Year Performance (April 1 - September 30, 2026)
Income Statement:
- Revenue from Operations: ₹16,038.42 lakhs (₹160.38 crore)
- Other Income: ₹47.13 lakhs
- Total Income: ₹16,085.55 lakhs
Profitability:
- Profit Before Tax: ₹1,821.07 lakhs
- Income Tax Expense: ₹445.37 lakhs
- Profit for the Period: ₹1,375.70 lakhs (₹13.76 crore)
- Basic EPS: ₹28.24
- Diluted EPS: ₹28.24
Comparative Performance
Quarterly Comparison (Q2 FY2026 vs Q2 FY2025):
- Revenue growth: 32.14% (from ₹6,558.44 lakhs to ₹8,666.27 lakhs)
- Net profit growth: 42.30% (from ₹549.83 lakhs to ₹782.53 lakhs)
- EPS increased from ₹11.29 to ₹16.07
Half-Year Comparison (H1 FY2026 vs H1 FY2025):
- Revenue growth: 33.24% (from ₹12,035.46 lakhs to ₹16,038.42 lakhs)
- Net profit growth: 53.38% (from ₹896.95 lakhs to ₹1,375.70 lakhs)
- EPS increased from ₹18.42 to ₹28.24
Balance Sheet Position (as of September 30, 2026)
Assets:
- Total Assets: ₹19,325.50 lakhs
- Non-Current Assets: ₹4,723.49 lakhs (Property, Plant and Equipment: ₹3,053.53 lakhs)
- Current Assets: ₹14,602.01 lakhs (Trade Receivables: ₹6,106.12 lakhs, Cash and Cash Equivalents: ₹2,475.49 lakhs)
Liabilities and Equity:
- Equity Share Capital: ₹487.07 lakhs (unchanged)
- Other Equity: ₹10,860.22 lakhs
- Total Liabilities: ₹7,978.22 lakhs
- Current Liabilities: ₹6,291.74 lakhs (Trade Payables: ₹3,335.27 lakhs, Borrowings: ₹923.63 lakhs)
Cash Flow Statement (Half Year Ended September 30, 2026)
- Cash Generated from Operating Activities: ₹1,230.10 lakhs
- Income Taxes Paid: ₹(472.46) lakhs
- Net Cash from Operating Activities: ₹757.65 lakhs
- Net Cash Used in Investing Activities: ₹(224.33) lakhs
- Net Cash Used in Financing Activities: ₹(715.84) lakhs
- Net Decrease in Cash: ₹(182.53) lakhs
- Cash and Cash Equivalents at End: ₹2,475.49 lakhs
Auditor's Review Report
CSVR & Associates, Chartered Accountants (Firm Regn. No. 012121S) issued a limited review report confirming:
- The financial results were prepared in accordance with Ind AS 34 and SEBI Listing Regulations
- The review was conducted following SRE 2410 standards
- No material misstatements were identified in the financial results
- The report was signed by CA Venkatesh G. (Partner, Membership No. 239608) on November 13, 2026
Additional Information
- Paid-up equity share capital: ₹487.07 lakhs (48,707,000 shares of ₹10 each)
- Previous year figures have been regrouped and recasted for comparison
- The company has registered office in Hyderabad and branch offices in Bengaluru and Goa