Suryo Foods & Industries Q2 FY27 results: net profit down 20.0% to ₹0.04 crore

How did Suryo Foods & Industries perform in Q2 FY27?

Suryo Foods & Industries reported standalone revenue of ₹0 crore in Q2 FY27, unchanged from both Q2 FY26 and Q1 FY27. Total income was ₹0.14 crore, also unchanged. The company reported profit of ₹0.04 crore, down 20.0% from ₹0.05 crore in Q2 FY26, while basic EPS fell 23.1% from ₹0.13 to ₹0.10.

Against Q1 FY27, the company moved from a net loss of ₹0.02 crore to profit of ₹0.04 crore, a difference of ₹0.06 crore. Basic EPS moved from a loss of ₹0.03 to ₹0.10. Total expenses fell from ₹0.15 crore to ₹0.10 crore, and EBITDA improved from a loss of ₹0.12 crore to a loss of ₹0.07 crore.

The figures are standalone. The company reported EBITDA of ₹0.07 crore for the quarter, but no EBITDA margin was provided, so a margin comparison cannot be made.

What changed in Suryo Foods & Industries' costs and profit?

Total expenses increased 11.1% to ₹0.10 crore in Q2 FY27 from ₹0.09 crore in Q2 FY26. The main increase was in other expenses, which rose 50.0% by ₹0.02 crore to ₹0.06 crore from ₹0.04 crore. Cost of materials, employee cost, finance costs and depreciation were unchanged.

Other income remained ₹0.14 crore, with a difference of ₹0 crore from Q2 FY26. There was no exceptional item in either quarter, and tax remained unchanged. Profit before tax and net profit each declined 20.0% by ₹0.01 crore to ₹0.04 crore.

Against Q1 FY27, total expenses fell 33.3% by ₹0.05 crore to ₹0.10 crore, as other expenses declined 40.0% by ₹0.04 crore to ₹0.06 crore. Other income was unchanged at ₹0.14 crore, no exceptional item was reported, and tax was unchanged. The filings do not state why expenses changed.

How did the first half of FY27 go?

In the first half of FY27, total income was ₹0.28 crore, unchanged from H1 FY26, while revenue remained ₹0 crore. Profit before tax and net profit each fell 71.4% by ₹0.05 crore to ₹0.02 crore. Basic EPS declined 55.6% from ₹0.18 to ₹0.08.

The filing identifies the results as standalone and covers the quarter and half year ended 30 September 2026. The figures for both periods are presented on an Ind AS basis and were subject to the auditors’ limited review.

What do the balance sheet and cash flow show?

At 30 September 2026, total assets were ₹3.27 crore, compared with ₹3.82 crore at 31 March 2026, and total equity was ₹3.09 crore against ₹3.07 crore. Borrowings remained at ₹0 crore, while cash fell to ₹0.05 crore from ₹0.67 crore. Trade receivables were ₹0.02 crore at both dates.

For H1 FY27, net cash used in operating activities was ₹0.57 crore, compared with net cash from operating activities of ₹0.01 crore in H1 FY26. Net cash used in investing activities was ₹0.04 crore against ₹0 crore, and capital expenditure was ₹0.04 crore against ₹0 crore. Net cash from financing activities was ₹0 crore in both periods.

How has Suryo Foods & Industries done over the last 8 quarters?

Reported quarterly profit was uneven over the last eight quarters. It reached ₹0.21 crore in Q4 FY25 and then fell to a net loss of ₹0.06 crore in Q3 FY26 and a net loss of ₹0.36 crore in Q4 FY26, the lowest point in the series. Profit was ₹0.04 crore in Q2 FY27, following a net loss of ₹0.02 crore in Q1 FY27.

Revenue was reported at ₹0 crore in each of the last eight quarters, so the available series shows no quarterly revenue variation. EBITDA margins were not provided for these quarters, preventing identification of a margin peak or trough. The current direction in profit is upward from Q1 FY27 to Q2 FY27.

What else did the company announce?

The board approved the unaudited financial results and the auditors’ limited review report for the quarter and half year ended 30 September 2026. It also took note of the compliance report required under SEBI listing regulations.

Manisha Satapathy resigned as Company Secretary and Compliance Officer from the close of business hours on 2 November 2026, and the filing gave personal reasons for the resignation. Soumya Ranjan Behera was appointed to the role with effect from 2 November 2026 as a whole-time employee and Key Managerial Personnel. No dividend or fund-raising matter was disclosed in the filings.

How did Suryo Foods & Industries shares react?

Suryo Foods & Industries closed 3.7% lower on the reaction day from its pre-results close of ₹18.00. By the next day’s close, the stock was down 7.2% from that pre-results close, while the Packaged Foods industry median rose 3.4% over the same closes. The stock therefore underperformed the industry by 10.6 percentage points by the next day’s close.

How did other Packaged Foods companies do?

Ten other Packaged Foods companies were compared for Q2 FY27. Their median revenue growth was 1.0%, while Suryo Foods & Industries reported revenue of ₹0 crore. Of the 10 peers, 6 grew profit, with profit comparisons covering 11 peers.