Author: Nishtha Mehrotra | EQMint
Synopsis:
- Prime Industries reported consolidated Q2 FY27 revenue of ₹24.99 crore, up 179% from ₹8.97 crore in Q1.
- Net profit surged 520% quarter-on-quarter to ₹6.62 crore from ₹1.07 crore.
- The company also reported a sharp improvement in EBITDA and profit margins, while its stock gained 4.80%.
Strong Growth Across Key Financial Metrics
The company’s consolidated EBITDA increased 445% quarter-on-quarter to ₹9.22 crore in Q2 FY27, compared with ₹1.69 crore in the preceding quarter. EBITDA margin also expanded significantly to 36.9%, against 18.9% in Q1 FY27, indicating improved operating profitability.
Profit before tax (PBT) climbed 541% to ₹9.20 crore from ₹1.44 crore in the previous quarter. Meanwhile, the net profit margin improved to 26.5% from 11.9%, reflecting stronger earnings conversion.
Business Operations
Prime Industries operates through businesses including Linga Agri Trading and Machinery and Kay Bouvet Engineering. Its activities span specialised engineering, advanced manufacturing, precision fabrication and machinery solutions, with exposure to sectors such as defence, aerospace, nuclear power and agriculture.
Stock Movement
Prime Industries shares were trading at ₹142.95, gaining 4.80% at the time of the reported update. The strong sequential improvement in revenue and profitability puts the company’s Q2 FY27 performance in focus.
Source: https://sqst.in/PgHuv
Disclaimer: This article is for information purposes only and is not investment advice.
For more such information, visit EQMint
Join our WhatsApp channel for timely updates: Whatsapp.
