Smartworks Q2 revenue rises 39% and profit turns positive

Revenue growth above 20%Related-party transactionsResults View source PDF Explain this filing

SMARTWORKS · price

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

-0.9%Reaction day

₹488.90

prior close

₹497.15

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-2.5%+1.6% vs market

Diversified Commercial Services peers, median of 74sector-0.1%-0.8% vs sector

On the reaction day the stock moved 1.6 pts more than Nifty Microcap 250 and 0.8 pts less than its Diversified Commercial Services 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

Stock

-4.0

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-2.9

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-1.5

30m

-4.5

Sessions after the filingfrom the prior close

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Reaction day

-0.9-2.5+1.6-0.1-0.8

Next day

-1.5-1.1-0.4+0.0-1.5

-1.4-0.8-0.6+0.3-1.8

+0.2+1.3-1.1+2.4-2.2

+0.4+2.5-2.0+3.2-2.8

+5.5pendingpending+3.3+2.3

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UpDownMarket · Nifty Microcap 250Sector · Diversified Commercial Services peers, median of 74Pending

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AI summary

Consolidated Q2 revenue rose 39.3% year on year to Rs 591.37 crore, and profit after tax swung from a Rs 3.14 crore loss to Rs 25.64 crore profit. H1 revenue rose 41.5% to Rs 1,137.62 crore, while profit was Rs 38.79 crore versus a Rs 7.34 crore loss. Operating cash flow was Rs 140.74 crore. Deloitte's review was unmodified.

Likely market impact

Revenue growth and a return to profit support sentiment, but high finance and depreciation costs and Rs 5,641 crore of lease liabilities remain risks.

By the numbersConsolidated · Q2 FY27 vs Q2 FY26

	Q2 FY27	Q2 FY26	Change
Revenue	₹591.4 Cr	₹424.8 Cr	+39.2%
Operating profit	₹20.94 Cr	−₹20.67 Cr	turned positive
Profit after tax	₹25.64 Cr	−₹3.14 Cr	turned positive
EBITDA margin	63.9%	63.6%	+0.3 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.