Revenue from operations: ₹3,205.37 million (compared to ₹2,915.40 million in Q2 FY26 and ₹3,610.54 million in Q1 FY27)
Other Income: ₹26.90 million
Total Income: ₹3,232.27 million
Profit before tax: ₹357.06 million (compared to ₹344.20 million in Q2 FY26)
Tax expense: ₹83.30 million (comprising current tax of ₹71.70 million and deferred tax of ₹11.13 million; includes adjustments of ₹(4.09) million for prior years)
Net Profit after tax: ₹264.08 million (compared to ₹260.90 million in Q2 FY26)
Earnings per share (Basic): ₹12.56 (compared to ₹12.75 in Q2 FY26)
Earnings per share (Diluted): ₹12.56 (compared to ₹12.70 in Q2 FY26)
Revenue from operations: ₹6,815.91 million (compared to ₹5,679.54 million in H1 FY26)
Other Income: ₹81.57 million
Total Income: ₹6,897.48 million
Profit before tax: ₹702.91 million (compared to ₹681.34 million in H1 FY26)
Tax expense: ₹178.59 million
Net Profit after tax: ₹524.32 million (compared to ₹508.54 million in H1 FY26)
Earnings per share (Basic): ₹24.83 (compared to ₹25.31 in H1 FY26)
Earnings per share (Diluted): ₹24.76 (compared to ₹25.31 in H1 FY26)
Dividend Declaration
Interim dividend declared: ₹0.50 per equity share (5% of face value ₹10)
Total dividend payout: ₹11.47 million
Record date: November 20, 2026
Payment date: On or before December 4, 2026
Balance Sheet Highlights (as of September 30, 2026)
Total Assets: ₹14,925.16 million (compared to ₹12,995.54 million as of March 31, 2026)
Equity Share Capital: ₹207.16 million (unchanged)
Other Equity: ₹6,997.22 million (up from ₹6,477.63 million)
Borrowings (Non-current): ₹1,468.31 million (up from ₹905.74 million)
Borrowings (Current): ₹2,353.28 million (up from ₹1,949.54 million)
Inventory: ₹4,462.59 million (up from ₹3,868.91 million)
Trade Receivables: ₹2,956.93 million (up from ₹2,598.58 million)
Cash Flow Highlights (Half-Year Ended September 30, 2026)
Cash from operating activities: ₹443.22 million
Cash used in investing activities: ₹(1,226.56) million (primarily ₹1,051.56 million for purchase of Property, Plant & Equipment)
Cash from financing activities: ₹729.19 million (primarily ₹652.35 million from long-term borrowings and ₹313.96 million from short-term borrowings)
Net decrease in cash: ₹(54.15) million
Cash and cash equivalents at period end: ₹7.68 million
Additional Notes from Financial Statements
The financial results were reviewed by the Audit Committee and approved by the Board of Directors on November 5, 2026.
The company allotted 22,27,544 equity shares on a preferential basis to non-promoter investors on October 27, 2026, at an issue price of ₹1,670 per share (including premium of ₹1,660 per share), aggregating to ₹371.99 Crores. This allotment occurred after the reporting period and has no impact on the reported financial results.
The company operates in a single operating segment.
The Board meeting commenced at 5:00 PM IST and concluded at 6:05 PM IST on November 5, 2026.
