September 2026 quarter: earnings fall; net debt down INR 3.2 billion

CFO laid out a debt-reduction roadmapInvestor Communications View source PDF Explain this filing

GMRP&UI · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-0.1%Reaction day

₹92.85

prior close

₹90.15

announcement price

After-mkt

timing

Nifty Microcap 250market+1.4%-1.6% vs market

Power Generation peers, median of 28sector+2.0%-2.1% vs sector

On the reaction day the stock moved 1.6 pts less than Nifty Microcap 250 and 2.1 pts less than its Power Generation peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+2.2

10m

+2.2

15m

+2.8

30m

+3.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.1+1.4-1.6+2.0-2.1

Next day

-1.0+1.7-2.7+1.8-2.8

+1.6+3.9-2.3+2.8-1.2

+0.2+5.1-4.8+5.2-4.9

-0.5pendingpending+4.2-4.8

—————

15d

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UpDownMarket · Nifty Microcap 250Sector · Power Generation peers, median of 28Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Q2FY27 income was INR 15.9 billion, down 17% year on year. Operating earnings (EBITDA) fell 13% to INR 4.1 billion; margin was 26%. Profit after tax was INR 1.53 billion against INR 8.95 billion; both periods included exceptional gains, and without them Q2 made a loss of INR 728 million. Six-month income: INR 33.4 billion. Plant overhauls and slower meter installation hurt revenue. Gross debt fell INR 1.5 billion and net debt INR 3.2 billion.

Likely market impact

Weak earnings may weigh on the stock, but lower net debt and planned Warora refinancing support the balance sheet; one-off gains distort comparisons.