Q2 FY26 results: standalone revenue slips 8%, small loss; Rs 153 cr divestment gain

Revenue DeclinePat NegativeExceptional ItemNegative Operating CashflowResults View source PDF Explain this filing

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

-0.6%Reaction day

₹144.90

prior close

₹137.65

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.3%-0.3% vs market

Automobiles peers, median of 17sector · industry level-0.3%-0.2% vs sector

On the reaction day the stock moved 0.3 pts less than Nifty Microcap 250 and 0.2 pts less than its Automobiles 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

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10m

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15m

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Sessions after the filingfrom the prior close

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Reaction day

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Next day

+1.1+0.7+0.4-0.2+1.3

+1.1+0.6+0.5-0.1+1.2

+1.5+0.5+1.0+0.1+1.4

+0.8+1.1-0.3-0.5+1.2

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15d

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-18.3-7.5-10.8+2.5-20.7

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UpDownMarket · Nifty Microcap 250Sector · Automobiles peers, median of 17Pending

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

AI summary

Board approved Q2 and H1 FY26 results (ended Sep 30, 2025). Standalone revenue dipped about 8% YoY to Rs 703.41 cr in Q2 (loss Rs 0.68 cr); H1 standalone PAT was a small loss at Rs (2.89) cr. Consolidated revenue held near flat at Rs 1,530.38 cr in Q2. An exceptional gain of Rs 152.87 cr (consolidated) came from sale of Kuttukaran Green and Vision Motors. Operating cash flow stayed negative on both bases. Board also cleared ESOP 2025, a new step-down subsidiary for a luxury dealership brand, an Independent Director via postal ballot, and reshuffled committees.

Likely market impact

Soft standalone numbers and small loss offset by one-time divestment gain; new ESOP may add a mild dilution overhang. Watch luxury and commercial vehicle segments.