This filing is part of the company’s quarterly result. Read the full results article, with every figure explained →
Q2 revenue rises 9.2% but profit after tax falls 17.5%; H1 cash flow stays negative
MEIL · price
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Q2 FY27 revenue rose 9.2% year on year to Rs 16,857.89 lakh, but profit after tax fell 17.5% to Rs 1,097.45 lakh. H1 cash flow from operations remained negative at Rs 914.62 lakh, though it improved from Rs 3,023.50 lakh a year ago. The auditor's limited review found no material misstatement. Of Rs 400 crore IPO proceeds, Rs 77.50 crore remained unused. Unit IV capex deployment was only Rs 12.06 crore of Rs 87.86 crore planned, delaying expansion.
Revenue growth did not lift profit, while continued cash use and delayed IPO capex may pressure sentiment and postpone growth benefits.
| Q2 FY27 | Q2 FY26 | Change | |
|---|---|---|---|
| Revenue | ₹168.6 Cr | ₹154.3 Cr | +9.2% |
| Operating profit | ₹12.51 Cr | ₹16.52 Cr | −24.2% |
| Profit after tax | ₹10.97 Cr | ₹13.30 Cr | −17.5% |
| EBITDA margin | 9.2% | 14.2% | −5.0 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.