This filing is part of the company’s quarterly result. Read the full results article, with every figure explained →
Strong September quarter, but half-year operating cash flow turns negative
NAHARPOLY · price
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The Board approved unaudited results for the quarter and half year ended 30 September 2026. Standalone revenue for the September quarter rose 50.3% year on year to Rs 258.93 crore, while profit rose 67.1% to Rs 28.84 crore. Consolidated profit after including the associate rose 58.2% to Rs 32.88 crore. However, half-year operating cash flow was negative Rs 28.13 crore, versus positive Rs 3.94 crore last year. Review found no material issue.
Profit growth supports sentiment, but lower operating margin and negative cash flow are concerns, especially as receivables and inventory rose.
| Q2 FY27 | Q2 FY26 | Change | |
|---|---|---|---|
| Revenue | ₹258.9 Cr | ₹172.3 Cr | +50.3% |
| Operating profit | ₹29.76 Cr | ₹17.57 Cr | +69.3% |
| Profit after tax | ₹32.88 Cr | ₹20.78 Cr | +58.2% |
| EBITDA margin | 15.3% | 16.1% | −0.8 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.