Bharat Seats Limited has informed the Exchange regarding Board meeting held on November 05, 2025.
BHARATSE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Bharat Seats Limited's board approved unaudited results for Q2 and H1 FY26 (ended September 30, 2025). Q2 revenue from operations jumped to Rs. 458.6 crore, up about 58% from Rs. 290.7 crore a year ago, while H1 revenue rose roughly 50% to Rs. 885.7 crore. Profit after tax for Q2 grew nearly 39% YoY to Rs. 9.9 crore (H1 PAT up 39% to Rs. 19.1 crore), with EPS at Rs. 1.58 for the quarter. However, operating margin slipped to 4.9% in Q2 from 6.1% a year ago, showing cost pressure despite strong top-line growth. The auditor's limited review was clean with no qualifications, though an 'Emphasis of Matter' was flagged on a pending Income Tax search (demands of about Rs. 22.4 crore plus Rs. 5.2 crore penalty, under appeal). The board also designated Mr. Bhaskar Kumar, AVP-Purchase & SCM, as Senior Management Personnel.
Strong revenue and profit growth reflect healthy business momentum, likely positive for the stock, but shrinking margins and the unresolved tax demand are watchpoints for investors. Overall, a positive earnings update with a minor caution flag.