BSERefex Renewables & Infrastructure LtdHighNeutral
Announced Wed, 4 Nov, 2026 · 16:52 IST
Q2 FY27 consolidated profit turns positive on exceptional gains
Going-concern doubtEmphasis of matterEBITDA margin expansionExceptional itemResults restatedDebt to equity above the thresholdResults View source PDFExplain this filing
Price reaction
Awaiting price reaction for this filing.
AI summary
On a consolidated basis in Q2 FY27 ended September 2026, revenue rose 17.2% to INR 16.73 crore from INR 14.28 crore a year earlier; profit after tax was INR 23.73 crore versus a loss of INR 14.32 crore. Exceptional gains of INR 23.78 crore drove profit; excluding them, pre-tax profit was INR 1.85 crore. EBITDA margin rose to 32.8% from 22.5%. Standalone Q2 profit after tax was INR 0.85 crore versus a loss of INR 3.72 crore.
Likely market impact
Reported profit is mostly exceptional. Negative equity, INR 488.26 crore of borrowings and going-concern uncertainty make the stock highly risky.