Author: Nishtha Mehrotra | EQMint
Synopsis:
- Walchandnagar Industries reported Q2 FY27 profit before tax (PBT) of ₹47 lakh, compared with a loss of ₹1,190 lakh in the year-ago quarter.
- Revenue from operations increased 81% year-on-year to ₹9,353 lakh.
- The company recorded H1 FY27 PBT of ₹165 lakh and issued 61,472 equity shares under its ESOP Scheme 2020.
Walchandnagar Industries Returns to Profit
Walchandnagar Industries Limited reported a significant improvement in its Q2 FY27 performance, returning to profitability at the operating level after recording a substantial loss in the corresponding quarter last year.
The company’s board, at its November 2, 2026 meeting, approved the reviewed unaudited financial results for the quarter and half year ended September 30, 2026.
Revenue from operations rose 81% year-on-year to ₹9,353 lakh from ₹5,178 lakh. Profit before tax (PBT) stood at ₹47 lakh, compared with a loss of ₹1,190 lakh in Q2 FY26. For H1 FY27, PBT reached ₹165 lakh against a loss of ₹1,025 lakh in the corresponding previous-year period.
The company also reported EBITDA of ₹1,342 lakh, compared with ₹61 lakh a year earlier, according to its results announcement.
ESOP Share Allotment
The company issued 61,472 equity shares under its ESOP Scheme 2020 during the quarter and recognised an employee benefits expense of ₹57 lakh.
Despite the improvement, finance costs remained significant at ₹978 lakh during Q2 FY27.
Going forward, investors will monitor whether Walchandnagar Industries can sustain its revenue growth, maintain positive profitability and manage its finance costs.
Source: https://sqst.in/xyPZK
Disclaimer: This article is for information purposes only and is not investment advice.
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