Q2 FY27 revenue up 38%, profit after tax up 71%, gross margin down
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.6 pts more than its Household Appliances peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Q2 FY27 revenue was INR1,853 crore, up 38.2% year on year, while profit after tax rose 71% to INR112 crore. H1 revenue reached INR3,664 crore, up 30.5%. Electronics grew 60% in Q2. EBITDA excluding other income rose 53.7% to INR168 crore; margin was 9.1%. Gross margin fell to 34.3% from 37.6% on input costs, product mix and delayed price hikes. A 3% to 4% price gap remains, and second-half volume growth may slow to mid-teens.
Strong sales and profit growth support sentiment, but input costs and delayed price hikes may keep margins under pressure in the near term.