Key Quantitative Figures - Standalone (₹ crore)

Quarterly Performance (Q2 FY27 vs Q2 FY26):

  • Revenue from operations: ₹580 (vs ₹380)
  • Other income: ₹21 (vs ₹30)
  • Total income: ₹601 (vs ₹410)
  • Profit before tax: ₹100 (vs ₹54)
  • Net profit after tax: ₹100 (vs ₹54)
  • Basic EPS: ₹6.15 (vs ₹3.26)

Half-Yearly Performance (H1 FY27 vs H1 FY26):

  • Revenue from operations: ₹1,141 (vs ₹793)
  • Other income: ₹54 (vs ₹55)
  • Total income: ₹1,195 (vs ₹848)
  • Profit before tax: ₹207 (vs ₹123)
  • Net profit after tax: ₹207 (vs ₹123)
  • Basic EPS: ₹12.77 (vs ₹7.51)

Full Year Reference (FY26 Audited):

  • Revenue from operations: ₹1,739
  • Net profit after tax: ₹317
  • Basic EPS: ₹19.54

Key Quantitative Figures - Consolidated (₹ crore)

Quarterly Performance (Q2 FY27 vs Q2 FY26):

  • Revenue from operations: ₹969 (vs ₹782)
  • Other income: ₹11 (vs ₹21)
  • Total income: ₹980 (vs ₹803)
  • Profit before tax: ₹73 (vs ₹91)
  • Net profit after tax attributable to shareholders: ₹79 (vs ₹78)
  • Basic EPS: ₹4.85 (vs ₹4.81)

Half-Yearly Performance (H1 FY27 vs H1 FY26):

  • Revenue from operations: ₹1,898 (vs ₹1,520)
  • Other income: ₹42 (vs ₹41)
  • Total income: ₹1,940 (vs ₹1,561)
  • Profit before tax: ₹189 (vs ₹79)
  • Net profit after tax attributable to shareholders: ₹185 (vs ₹(12))
  • Basic EPS: ₹11.41 (vs ₹(0.72))

Balance Sheet Highlights (Standalone)

As of September 30, 2026 (vs March 31, 2026):

  • Total assets: ₹6,180 crore (vs ₹5,935 crore)
  • Property, plant and equipment: ₹927 crore (vs ₹907 crore)
  • Inventories: ₹596 crore (vs ₹533 crore)
  • Trade receivables: ₹961 crore (vs ₹846 crore)
  • Cash and cash equivalents: ₹148 crore (vs ₹76 crore)
  • Total equity: ₹3,293 crore (vs ₹3,084 crore)
  • Borrowings (non-current + current): ₹1,804 crore (vs ₹1,745 crore)

Cash Flow Statement (Standalone)

H1 FY27 (vs H1 FY26):

  • Net cash from operating activities: ₹242 crore (vs ₹77 crore)
  • Net cash used in investing activities: ₹(113) crore (vs ₹(379) crore)
  • Net cash used in financing activities: ₹(57) crore (vs ₹326 crore inflow)
  • Net increase in cash: ₹72 crore (vs ₹24 crore)

Dates and Regulatory References

  • Board meeting date: November 2, 2026 (commenced 12:05 p.m., concluded 3:45 p.m.)
  • Previous communication reference: WOCK/SEC/SE/2026-27/042 dated October 27, 2026
  • Regulatory compliance: SEBI Listing Regulations 30 and 33
  • Accounting standards: Ind AS 34 'Interim Financial Reporting'
  • Review standard: SRE 2410 issued by ICAI

Parties Involved

  • Statutory Auditor: MSKC & Associates LLP (ICAI Firm Registration Number: 001595S/S000168)
  • Signatories: Rashmi Mamtura (Company Secretary), Bhavik L. Shah (Partner, MSKC), H F Khorakiwala (Chairman)

Subsidiary Information

The consolidated results include 28 subsidiaries, with 5 subsidiaries reviewed by other auditors and 18 subsidiaries providing management-certified unaudited results.

Auditor's Conclusion

Based on their review, nothing has come to the auditor's attention that causes them to believe that the financial results contain any material misstatement or have not disclosed required information per SEBI Regulations.