Q2 FY27 profit rises 75.1 percent; 6 GWh lithium-ion plant begins production
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Q2 FY27 revenue rose 20.3 percent to Rs 5,026 crore, EBITDA rose 53.6 percent to Rs 606 crore, and profit after tax rose 75.1 percent to Rs 386 crore. EBITDA margin improved 270 basis points to 12.1 percent. H1 profit after tax was Rs 794 crore, up 46.7 percent. The 6 GWh Bengaluru lithium-ion plant began commercial production in September 2026; customer approvals are in progress. The balance sheet remains debt-free.
Strong profit growth and zero debt support positive sentiment; the lithium-ion plant adds long-term growth potential, though approvals remain pending.