This filing is part of the company’s quarterly result. Read the full results article, with every figure explained →
Sep 2026 quarter: consolidated revenue up 45%, EBITDA margin down to 18.6%
GRINFRA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.2 pts more than its Civil Construction peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
For the quarter ended 30 September 2026, consolidated revenue was Rs 2,32,542 lakhs versus Rs 1,60,214 lakhs a year earlier, up 45%, but the EBITDA margin fell from 24.2% to 18.6%. Standalone quarter profit after tax was Rs 16,104 lakhs versus Rs 13,084 lakhs. Standalone half-year operating cash flow was negative Rs 38,451 lakhs. A customer invoked Rs 9,086 lakhs of guarantees on a terminated EPC contract; revival talks continue.
Strong revenue growth, but margin compression and negative half-year operating cash flow are concerns; the guarantee call adds risk.
| Q2 FY27 | Q2 FY26 | Change | |
|---|---|---|---|
| Revenue | ₹2,325 Cr | ₹1,602 Cr | +45.1% |
| Operating profit | ₹344.6 Cr | ₹236.4 Cr | +45.8% |
| Profit after tax | ₹290.3 Cr | ₹189.6 Cr | +53.1% |
| EBITDA margin | 21.5% | 25.8% | −4.3 pp |
From the company's XBRL filing, not from the text above. Operating profit = profit before tax − exceptional items − other income. EBITDA = profit before tax + finance costs + depreciation − other income.