Consolidated revenue rises 33.5 percent, profit falls and review is qualified

Qualified audit opinionEmphasis of matterRevenue growth above 20%EBITDA margin compressionExceptional itemResults View source PDF Explain this filing

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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

-0.8%Reaction day

₹790.00

prior close

₹798.85

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+2.2%-2.9% vs market

Auto Components & Equipments peers, median of 122sector+1.5%-2.2% vs sector

On the reaction day the stock moved 2.9 pts less than Nifty Microcap 250 and 2.2 pts less than its Auto Components & Equipments 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

-5.7

10m

-4.0

15m

-4.2

30m

-6.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.8+2.2-2.9+1.5-2.2

Next day

+0.4pendingpending+2.6-2.3

———+1.7—

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15d

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UpDownMarket · Nifty Microcap 250Sector · Auto Components & Equipments peers, median of 122Pending

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

AI summary

For the consolidated quarter ended September 30, 2026, revenue was Rs 29,479.26 million, up 33.5 percent from Rs 22,073.38 million in the year-ago quarter, while profit after tax was Rs 334.66 million, down 47.1 percent from Rs 632.63 million. A Rs 631.03 million exceptional item reduced profit. Auditors qualified the review over Rs 441.71 million of prior-year TYC income and highlighted the OPmobility claim and GST appeals.

Likely market impact

Strong sales growth helps, but the profit fall, Rs 631.03 million charge and qualified review may weigh on sentiment.

By the numbersConsolidated · Q2 FY27 vs Q2 FY26

	Q2 FY27	Q2 FY26	Change
Revenue	₹2,948 Cr	₹2,207 Cr	+33.6%
Operating profit	₹136.2 Cr	₹88.53 Cr	+53.8%
Profit after tax	₹33.47 Cr	₹63.26 Cr	−47.1%
EBITDA margin	6.6%	9.2%	−2.6 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.