- Home
- Results news
- Vindhya Telelinks
- Q2 FY27 results
Vindhya Telelinks Q2 FY27 results: net profit up 34.3% to ₹79.37 crore, revenue down 12.4%
Vindhya Telelinks Limited reported consolidated revenue of ₹840.66 crore for Q2 FY27, down 12.4% from Q2 FY26, while EBITDA rose 45.1% and net profit increased 34.3% to ₹79.37 crore. EBITDA margin expanded 5.0 percentage points to 12.5%, and basic EPS rose to ₹66.97 from ₹49.89.
Key points
- Q2 FY27 consolidated revenue was ₹840.66 crore, down 12.4% from ₹959.83 crore in Q2 FY26 and up 16.9% from ₹718.90 crore in Q1 FY27.
- EBITDA rose to ₹104.83 crore from ₹72.24 crore a year earlier, while EBITDA margin increased 5.0 percentage points to 12.5%.
- Net profit was ₹79.37 crore in Q2 FY27, up 34.3% from ₹59.12 crore and 4.9% from ₹75.67 crore; basic EPS was ₹66.97.
- Other income increased to ₹44.69 crore from ₹10.98 crore in Q2 FY26, while total expenses fell to ₹785.01 crore from ₹930.57 crore.
- H1 FY27 revenue was ₹1,559.56 crore, down 16.5% from H1 FY26, but PBT rose 105.3% and net profit increased 31.7% to ₹155.04 crore.
How did Vindhya Telelinks perform in Q2 FY27?
Vindhya Telelinks reported consolidated revenue of ₹840.66 crore in Q2 FY27, down 12.4% from ₹959.83 crore in Q2 FY26 but up 16.9% from ₹718.90 crore in Q1 FY27. Total income was ₹885.35 crore, down 8.8% from the year-ago quarter and up 22.2% from the previous quarter. The results are consolidated; the filing also presents unaudited standalone results.
EBITDA rose to ₹104.83 crore from ₹72.24 crore in Q2 FY26 and ₹84.64 crore in Q1 FY27. EBITDA margin increased to 12.5% from 7.5% a year earlier and 11.8% in the previous quarter. PBT was ₹100.34 crore, against ₹40.24 crore in Q2 FY26 and ₹41.01 crore in Q1 FY27.
Net profit for the quarter was ₹79.37 crore, up from ₹59.12 crore in Q2 FY26 and ₹75.67 crore in Q1 FY27. Basic EPS was ₹66.97, compared with ₹49.89 a year earlier and ₹63.85 in the previous quarter. Net profit attributable to owners was unchanged at ₹0 crore.
| ₹ crore | Q2 FY27 | Q1 FY27 | Q2 FY26 | YoY | QoQ |
|---|---|---|---|---|---|
| Revenue from operations | 840.66 | 718.90 | 959.83 | −12.4% | +16.9% |
| Other income | 44.69 | 5.79 | 10.98 | +307.0% | +671.8% |
| Total expenses | 785.01 | 683.68 | 930.57 | −15.6% | +14.8% |
| EBITDA | 104.83 | 84.64 | 72.24 | +45.1% | +23.9% |
| EBITDA margin | 12.5% | 11.8% | 7.5% | +5.0 pp | +0.7 pp |
| Profit before tax | 100.34 | 41.01 | 40.24 | +149.4% | +144.7% |
| Tax | 22.76 | 25.82 | 17.45 | +30.4% | −11.9% |
| Net profit | 79.37 | 75.67 | 59.12 | +34.3% | +4.9% |
| EPS (₹) | 66.97 | 63.85 | 49.89 | +34.2% | +4.9% |
EBITDA here is revenue from operations less operating costs (total expenses excluding finance costs and depreciation): before other income and exceptional items. Growth is shown only when both figures are positive. Source: Company's results filing (XBRL).
What changed in Vindhya Telelinks' costs and profit?
Total expenses fell to ₹785.01 crore in Q2 FY27 from ₹930.57 crore in Q2 FY26, a decline of ₹145.56 crore. Cost of materials was ₹615.18 crore, down ₹127.68 crore, while employee cost fell ₹2.79 crore to ₹51.45 crore. Other expenses rose ₹2.04 crore to ₹42.51 crore, depreciation rose ₹2.58 crore to ₹7.42 crore and finance costs rose ₹3.62 crore to ₹41.76 crore.
Other income increased to ₹44.69 crore from ₹10.98 crore in Q2 FY26, a rise of ₹33.71 crore. There was no exceptional item in either quarter. Tax expense was ₹22.76 crore, up ₹5.31 crore from ₹17.45 crore in the year-ago quarter, while PBT rose by ₹60.10 crore to ₹100.34 crore and net profit rose ₹20.25 crore to ₹79.37 crore.
Against Q1 FY27, total expenses rose ₹101.33 crore to ₹785.01 crore and cost of materials increased ₹160.47 crore to ₹615.18 crore. Other income rose ₹38.90 crore to ₹44.69 crore, while finance costs fell ₹0.47 crore to ₹41.76 crore. Tax was lower by ₹3.06 crore at ₹22.76 crore; there was no exceptional item.
| ₹ crore | Q2 FY27 | Q2 FY26 | Change | Change % |
|---|---|---|---|---|
| Cost of materials | 615.18 | 742.86 | −127.68 | −17.2% |
| Employee cost | 51.45 | 54.24 | −2.79 | −5.1% |
| Finance costs | 41.76 | 38.14 | +3.62 | +9.5% |
| Depreciation | 7.42 | 4.84 | +2.58 | +53.3% |
| Other expenses | 42.51 | 40.47 | +2.04 | +5.0% |
| Total expenses | 785.01 | 930.57 | −145.56 | −15.6% |
| Other income | 44.69 | 10.98 | +33.71 | +307.0% |
| Tax | 22.76 | 17.45 | +5.31 | +30.4% |
Source: Company's results filing (XBRL).
How did the first half of FY27 go?
In the first half of FY27, consolidated revenue was ₹1,559.56 crore, down 16.5% from ₹1,867.35 crore in H1 FY26. Total income declined 14.5% to ₹1,610.18 crore from ₹1,883.29 crore. PBT increased 105.3% to ₹141.35 crore from ₹68.84 crore.
H1 FY27 net profit was ₹155.04 crore, up 31.7% from ₹117.74 crore in H1 FY26. Basic EPS increased to ₹130.82 from ₹99.35. The company has no separately reported H1 EBITDA margin in the supplied results.
| ₹ crore | H1 FY27 | H1 FY26 | Change |
|---|---|---|---|
| Revenue from operations | 1,560 | 1,867 | −16.5% |
| Profit before tax | 141.35 | 68.84 | +105.3% |
| Net profit | 155.04 | 117.74 | +31.7% |
| EPS (₹) | 130.82 | 99.35 | +31.7% |
Source: Company's results filing (XBRL).
What do the balance sheet and cash flow show?
As on 30 September 2026, total assets were ₹8,811.01 crore, compared with ₹8,362.60 crore on 31 March 2026. Total equity rose to ₹4,669.54 crore from ₹4,205.28 crore, while borrowings increased to ₹1,516.61 crore from ₹1,425.20 crore. Cash and cash equivalents were ₹16.13 crore, compared with ₹12.54 crore.
Inventories fell to ₹1,220.29 crore from ₹1,311.96 crore and trade receivables declined to ₹1,983.76 crore from ₹2,087.89 crore. Trade payables fell to ₹1,139.97 crore from ₹1,169.38 crore. H1 FY27 operating cash flow was ₹3.71 crore, against negative ₹230.98 crore in H1 FY26.
Investing cash flow was negative ₹115.46 crore in H1 FY27, compared with ₹0.24 crore in H1 FY26, and financing cash flow was ₹6.54 crore against ₹148.63 crore. Capital expenditure was ₹41.82 crore, compared with ₹15.56 crore in the year-ago period.
| ₹ crore | As of 30 September 2026 | As of 31 March 2026 |
|---|---|---|
| Total assets | 8,811 | 8,363 |
| Total equity | 4,670 | 4,205 |
| Borrowings | 1,517 | 1,425 |
| Cash and equivalents | 16.13 | 12.54 |
| Inventories | 1,220 | 1,312 |
| Trade receivables | 1,984 | 2,088 |
Source: Company's results filing (XBRL).
| ₹ crore | H1 FY27 | H1 FY26 |
|---|---|---|
| Cash from operations | 3.71 | −230.98 |
| Cash from investing | −115.46 | 0.24 |
| Cash from financing | 6.54 | 148.63 |
| Capital expenditure | 41.82 | 15.56 |
Source: Company's results filing (XBRL).
How has Vindhya Telelinks done over the last 8 quarters?
Revenue reached its highest level of ₹1,231.22 crore in Q4 FY25 and its lowest level of ₹716.56 crore in Q3 FY26. It then rose to ₹1,009.30 crore in Q4 FY26, fell to ₹718.90 crore in Q1 FY27 and increased to ₹840.66 crore in Q2 FY27.
Net profit was highest at ₹109.94 crore in Q4 FY25 and bottomed at a net loss of ₹1.04 crore in Q3 FY26. It recovered to ₹103.47 crore in Q4 FY26, ₹75.67 crore in Q1 FY27 and ₹79.37 crore in Q2 FY27. Profit rose year on year in each of the last two quarters.
EBITDA margin bottomed at 2.5% in Q3 FY26 and peaked at 12.5% in Q2 FY27, after reaching 11.8% in Q1 FY27. The latest quarter therefore showed higher revenue, net profit and EBITDA margin than Q1 FY27.
Which businesses drove the quarter?
Cables reported revenue of ₹331.49 crore in Q2 FY27, up 63.4% from ₹202.88 crore in Q2 FY26. Segment EBIT was ₹63.61 crore, compared with ₹10.56 crore in the year-ago quarter, and EBIT margin was 19.2%.
Engineering, Procurement & Construction reported revenue of ₹516.61 crore and EBIT of ₹36.51 crore in Q2 FY27. The supplied segment data does not provide the year-ago revenue or EBIT for EPC, so no growth comparison is stated; its EBIT margin was 7.1%.
| Segment | Revenue | Revenue YoY | EBIT | EBIT margin |
|---|---|---|---|---|
| Cables | 331.49 | +63.4% | 63.61 | 19.2% |
| Engineering, Procurement & Cinstruction (EPC) | 516.61 | 36.51 | 7.1% |
Source: Company's results filing (XBRL segment data).
How did other Civil Construction companies do?
Twenty-one other Civil Construction companies that filed for the quarter had a median revenue growth of 9.4%, compared with Vindhya Telelinks’ revenue decline of 12.4%. Among the peers, 2 grew more slowly than the company and 19 grew faster than the company.
Of the 22 peers for which profit was compared, 16 reported higher profit. These peer comparisons were available as of 4 November 2026.
| Vindhya Telelinks revenue growth (YoY) | −12.4% |
|---|---|
| Median of 21 other Civil Construction companies | +9.4% |
| Companies with slower revenue growth than Vindhya Telelinks | 2 of 21 |
| Companies with faster revenue growth than Vindhya Telelinks | 19 of 21 |
| Companies whose net profit rose | 16 of 22 |
Source: Filed results (XBRL) of the industry's companies.
Quick answers
What was Vindhya Telelinks' revenue in Q2 FY27?
Revenue from operations was ₹840.66 crore, down 12.4% from ₹959.83 crore in Q2 FY26 (consolidated).
Did Vindhya Telelinks make a profit in Q2 FY27?
Yes. Net profit was ₹79.37 crore, against a net profit of ₹59.12 crore in Q2 FY26.
What was Vindhya Telelinks' EPS in Q2 FY27?
Basic earnings per share were ₹66.97, against ₹49.89 in Q2 FY26.
When did Vindhya Telelinks announce its Q2 FY27 results?
On 4 November 2026, in a filing to the BSE.
Sources
How this was written: every figure in the tables and charts is calculated from the company’s filed results (XBRL) and MarketPing’s price measurements. The text is drafted with AI from those figures and the filings, and a checker removes any sentence carrying a number it cannot trace to them. How we write these.
This is information, not investment advice. MarketPing does not recommend buying or selling any security.