Q2 FY26: net profit up 31 percent, half-year PAT down 16 percent
HONDAPOWER · price
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Honda India Power Products posted Q2 FY26 revenue of 175.61 cr, down 0.9 percent year-on-year, but net profit jumped 31 percent to 11.17 cr. Half-year revenue grew 2.8 percent to 330.52 cr while net profit fell 16 percent to 20.65 cr. Dividend payout of 102.71 cr in H1 dwarfed 17.60 cr last year. Net cash used in operations widened to 31.80 cr from 27.06 cr due to higher inventory. Auditor B S R and Co issued an unmodified review report.
Mixed quarter: Q2 PAT strong, but H1 PAT down 16 percent; heavy dividend and negative ops cash flow are key signals.