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Latest filing: 2026-08-20 19:18
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Q1 FY27 Revenue Up 22% YoY to ₹66 Cr, EBITDA Jumps 43% to ₹9 Cr (Concall Transcript)
Thomas Scott (India) Limited released the transcript for its Q1 FY2026-27 earnings conference call. Revenue from operations increased 22% YoY to ₹66 crore, while EBITDA grew 43% YoY to ₹9 crore with an EBITDA margin of 13.07%. The company noted that its manufacturing capacity remains fully occupied (~50% in-house, ~35-40% contract labor facilities, ~5% traded) with a focus on fast 15-45 day turnarounds from design to market. Wholesale/aggregator sales now account for approximately 40% of Thomas Scott brand revenue as the company protects price realizations over volume discounts.
Confidence: HIGH
What changedSubmission of the verbatim transcript of the Q1 FY27 earnings conference call held on August 17, 2026.
Why it mattersProvides operational clarity on pricing strategy, product mix (scaling women's wear), and capacity constraints amid healthy top-line growth.
Q1 FY27 Revenue: ₹66 croreQ1 FY27 EBITDA: ₹9 croreEBITDA Margin: 13.07%Brand Wholesale Share: 40%Brand SKU Count: 35,800+ SKUs
📅 Short termReflects steady operational execution in Q1, though price elasticity remains cautious among consumers.
📈 Long termDigital-first test-and-scale model with multi-brand deployment offers structural operating leverage if capacity scaling is managed without heavy fixed capex.
⚠ Risk flags
- Manufacturing capacities are currently fully occupied, requiring contract/job-work scaling
- Consumer sentiment and price elasticity remain subdued, limiting room for price hikes
Key Highlights
Q1 FY27 revenue from operations grew 22% YoY to ₹66 crore
EBITDA grew 43% YoY to ₹9 crore, yielding an EBITDA margin of 13.07%
Wholesale/aggregator channel now accounts for ~40% of Thomas Scott brand revenue
Operates a portfolio of 15+ brands and 35,800+ SKUs with full internal manufacturing utilization
Target turnaround speed from mind-to-market maintained at 15 to 45 days
👀 What to Watch
Track subsequent quarterly revenue traction and capacity addition announcements, as internal manufacturing plants are running at 100% utilization.
Thomas Scott Q1 FY27 Investor Presentation: Revenue at ₹65.8 Cr, EBITDA Margin at 13.07%
Thomas Scott (India) Limited released its investor presentation for Q1 FY27, reporting net operational income of INR 658 Mn (₹65.8 Cr) alongside an EBITDA of INR 86 Mn (13.07% margin) and PAT of INR 54 Mn (8.21% margin). The company continues its strategic pivot toward a digital-first D2C apparel model, with B2C channels accounting for 94% of quarterly revenue compared to 6% from B2B. Current operational infrastructure includes 4 manufacturing facilities with a combined capacity of 140,000 units per month and 4 fulfillment centers capable of handling 15,000 pieces per day. Additionally, the company is pilot-testing Generative AI tools (thread.ai and catalog.ai) to optimize catalog management and trend forecasting.
Confidence: HIGH
What changedPublished the comprehensive Q1 FY27 investor presentation detailing quarterly financial metrics, manufacturing scale, and new AI-led business tools.
Why it mattersProvides granular operational data confirming the business shift toward a high-margin online retail/D2C apparel model with captive manufacturing infrastructure.
Q1 FY27 Net Revenue: INR 658 MnQ1 FY27 EBITDA Margin: 13.07%Q1 FY27 PAT: INR 54 MnMonthly Mfg Capacity: 140k units / MonthFulfilment Capacity: 15,000 Pieces/Day
📅 Short termReaffirms steady quarterly operational performance and margins, giving clarity on product mix and logistics reach.
📈 Long termSuccess hinges on scaling the tech-enabled D2C brand portfolio while managing inventory obsolescence and working capital cycles.
⚠ Risk flags
- Working capital intensity (173 days in FY26)
- High dependence on third-party e-commerce marketplaces for B2C demand
- Inventory obsolescence risk typical of fast fashion cycles
Key Highlights
Q1 FY27 net revenue reached INR 658 Mn (₹65.8 Cr) with EBITDA margin steady at 13.07%
Q1 FY27 PAT reported at INR 54 Mn (₹5.4 Cr), achieving a PAT margin of 8.21%
B2C segment contributed 94% of total Q1 revenue, driven by online marketplaces and 5 retail EBOs
Total manufacturing capacity stands at 140k units/month (60k shirts, 60k bottoms, 20k bags)
👀 What to Watch
Monitor working capital efficiency (FY26 was 173 days) and assess whether EBITDA margins can be sustained above 13% as D2C volumes expand.
Q1 FY27 Net Profit Rises 56.9% YoY to ₹5.44 Cr; Revenue Up 22.1% to ₹65.82 Cr
Thomas Scott (India) Limited reported a 56.9% YoY increase in standalone net profit to ₹5.44 crore (₹543.80 lacs) for the quarter ended June 30, 2026, compared to ₹3.47 crore (₹346.59 lacs) in the previous year's corresponding quarter. Revenue from operations grew 22.1% YoY to ₹65.82 crore (₹6,581.84 lacs) from ₹53.89 crore in Q1 FY26. Sequentially, top-line performance softened by 15.4% from ₹77.81 crore in Q4 FY26, leading to a 9.6% decline in net profit from ₹6.02 crore. Diluted EPS for the quarter reached ₹3.71 compared to ₹2.50 in Q1 FY26.
Confidence: HIGH
What changedApproved and declared standalone unaudited financial results for the quarter ended June 30, 2026, showing significant YoY profit expansion.
Why it mattersDemonstrates operational growth in line with management's 20%+ revenue growth targets, delivering solid net margin expansion compared to the prior-year period.
Revenue from Operations (Q1): ₹6,581.84 lacsNet Profit (Q1): ₹543.80 lacsBasic and Diluted EPS: ₹3.71YoY Revenue Growth: 22.13%YoY PAT Growth: 56.90%AGM Date: September 29, 2026
📅 Short termStrong YoY earnings growth is likely to support near-term sentiment, although sequential moderation from Q4 FY26 reflects quarterly demand seasonality.
📈 Long termConsistent YoY execution aligns with the company's strategy to scale its branded apparel and contract manufacturing businesses.
⚠ Risk flags
- Sequential revenue contraction (-15.41% QoQ) and PAT contraction (-9.60% QoQ)
- Significant increase in inventory build-up during the quarter (changes in inventories of -₹1,663.12 lacs)
Key Highlights
Revenue from operations grew 22.13% YoY to ₹6,581.84 lacs (₹65.82 cr) vs ₹5,388.90 lacs in Q1 FY26
Net profit surged 56.90% YoY to ₹543.80 lacs (₹5.44 cr) compared to ₹346.59 lacs in Q1 FY26
Quarterly EPS improved to ₹3.71 from ₹2.50 in the year-ago period
Sequentially, revenue dropped 15.41% from ₹7,781.03 lacs in Q4 FY26, and PAT declined 9.60% from ₹601.54 lacs
16th Annual General Meeting fixed for September 29, 2026, with book closure from September 23 to September 29, 2026
👀 What to Watch
Track whether the company sustains its 20%+ YoY top-line growth trajectory in the upcoming quarters and monitor inventory management efficiency.
Thomas Scott Signs Exclusive 5-Year Licensing Deal for Dockers® Brand in India
Thomas Scott (India) Limited has entered into a significant 5-year exclusive licensing and Global Designated Supplier agreement with ABG-Dockers LLC for the Dockers® brand. The company will manage the entire value chain—design, manufacturing, and distribution—across India, Nepal, and Bangladesh. Additionally, as a Global Designated Supplier, Thomas Scott can now manufacture for Dockers' international partner network, creating a new B2B export stream. Given the company's TTM revenue of Rs 111 Cr, this partnership with a brand under Authentic Brands Group (which sees $36B+ annual systemwide sales) represents a major scale-up opportunity.
Confidence: HIGH
What changedThomas Scott has secured exclusive regional rights for a major global apparel brand and gained entry into an international B2B supply chain.
Why it mattersThis shifts the company from a small-cap domestic player to a regional partner for a global brand, potentially providing significant revenue growth and premiumization of its product portfolio.
Agreement Duration: 5 yearsExtension Option: 5 yearsCounterparty Systemwide Sales: >USD 36 billionTTM Revenue: Rs 111 CrTerritories Covered: 3 (India, Nepal, Bangladesh)
📅 Short termThe announcement is likely to be viewed positively by the market as it validates the company's manufacturing and distribution capabilities through a global partnership.
📈 Long termIf executed well, the Global Designated Supplier status could structurally transform the company's B2B segment, while the Dockers® license builds a premium retail presence.
⚠ Risk flags
🔬 Flagged for deeper Multibagger analysis — view briefs →
- Execution risk in scaling a premium global brand
- Royalty payments may impact net margins
- Inventory obsolescence risk typical of the apparel industry
Key Highlights
Exclusive 5-year licensing agreement with an option to extend for another 5 years
Territorial rights cover India, Nepal, and Bangladesh for design, retail, and e-commerce
Appointed as Global Designated Supplier (GDS) to manufacture for Dockers' international network
Counterparty parent, Authentic Brands Group, manages a portfolio with >$36 billion in annual retail sales
Dual revenue model: Royalty-based retail sales and margin-based B2B manufacturing supply
👀 What to Watch
Monitor the execution timeline for the first Dockers® product launches in India and the subsequent impact on operating margins (currently 13.1%). Investors should also watch for any potential capex requirements to fulfill the Global Designated Supplier role.
Thomas Scott (India) Reports Robust FY26 Growth: Revenue Up 58% and PAT Up 51%
Thomas Scott (India) Limited delivered a strong financial performance for FY26, with annual revenue reaching ₹255 crores, a 58% increase YoY. The company's EBITDA grew by 72% to ₹33 crores, with margins expanding to 13.1%, while Profit After Tax (PAT) rose 51% to ₹19 crores. This marks the 10th consecutive quarter of revenue growth, driven by a digital-first strategy and a high ROCE of 22.31%. Management is now scaling new categories like womenswear and footwear using AI-driven demand forecasting tools.
Key Highlights
FY26 Revenue grew 58% YoY to ₹255 crores, with the flagship Thomas Scott brand contributing ₹91 crores (+62% YoY).
EBITDA margins expanded by 105 basis points to 13.1%, resulting in an EBITDA of ₹33 crores for the full year.
The company maintained a strong Return on Capital Employed (ROCE) of 22.31% while compounding revenue at 60% over three years.
Successfully entered new segments including womenswear and footwear, which are expected to be margin and ROCE accretive.
Other current assets increased to ₹46 crores, primarily due to a ₹22 crore insurance claim receivable from a previous fire incident.
👀 What to Watch
Investors should focus on the company's ability to maintain its high growth trajectory and ROCE as it scales its multi-brand platform. The successful integration of AI tools for inventory management and the recovery of the ₹22 crore insurance claim are key monitorables for the upcoming quarters.
Thomas Scott (India) Reports Strong FY26 Growth with 60% 3-Year Revenue CAGR and 13.1% EBITDA Margin
Thomas Scott (India) Limited demonstrated robust growth in FY 2025-26, with total operational income reaching INR 2,549 million, driven by a 94% contribution from its B2C segment. The company has successfully transitioned into a tech-enabled online retailer, achieving a 3-year Revenue CAGR of 60% and a PAT CAGR of 88%. Key growth drivers include its own brand 'Thomas Scott' (INR 912 Mn revenue) and a strong portfolio of licensed brands like Nautica and FCUK (INR 1,484 Mn revenue). With a healthy ROCE of 22.31% and the integration of GenAI tools like thread.ai, the company is positioning itself as a high-growth, data-driven fashion player.
Key Highlights
Total operational income grew to INR 2,549 million in FY26, maintaining a 60% 3-year CAGR.
B2C segment dominates the business, contributing 94% of total revenue, with own brand revenue rising to INR 912 million.
Profitability remains strong with an 88% 3-year PAT CAGR and a Return on Capital Employed (ROCE) of 22.31%.
Expanded digital footprint with over 29,000 SKUs and 15+ brands across 9 distribution channels.
Implementing GenAI technology (thread.ai and catalog.ai) to automate trend forecasting and e-commerce cataloging.
👀 What to Watch
Investors should monitor the scalability of the high-margin B2C segment and the successful deployment of AI-driven tools, which could further optimize inventory and margins. The stock remains attractive for growth-oriented portfolios given the strong CAGR and tech-pivot.
Thomas Scott (India) FY26 Net Profit Jumps 51% to ₹19.30 Cr; Revenue Up 58%
Thomas Scott (India) Limited reported a robust financial performance for the fiscal year ended March 31, 2026, with annual revenue growing 58.28% to ₹254.89 crore. Net profit for the full year rose by 50.84% to ₹19.30 crore, despite an exceptional loss of ₹1.37 crore primarily due to a fire incident at its Bhiwandi warehouse. The company's Q4 FY26 performance was also strong, with revenue increasing 63.4% year-on-year to ₹77.81 crore.
Key Highlights
Annual Revenue from Operations increased significantly to ₹25,488.58 Lacs from ₹16,103.22 Lacs in FY25.
Net Profit for FY26 grew to ₹1,930.45 Lacs compared to ₹1,279.76 Lacs in the previous year.
Q4 FY26 Net Profit stood at ₹601.54 Lacs, up 44.5% from ₹416.18 Lacs in Q4 FY25.
Recorded an exceptional loss of ₹137.35 Lacs in FY26 related to a fire incident and subsequent insurance claim adjustments.
Basic and Diluted EPS for the full year improved to ₹13.35 from ₹11.58 in FY25.
👀 What to Watch
Investors should view the strong top-line and bottom-line growth as a positive indicator of the company's scaling operations in the textile segment. While the fire incident caused a one-time exceptional loss, the underlying business momentum remains healthy.
Thomas Scott Shareholders Approve Key Related Party Transactions and Higher NRI Investment Limits
Thomas Scott (India) Limited successfully passed all three resolutions at its Extraordinary General Meeting held on March 12, 2026. Shareholders approved material related party transactions with Bang Overseas Limited and Vedanta Creations Limited with over 99.9% support from voting members. Additionally, a special resolution was passed to increase investment limits for Non-Resident Indians (NRIs) and Overseas Citizens of India (OCIs). The voting saw participation representing approximately 46.77% of the total share capital of 14,670,380 shares.
Key Highlights
Approved material related party transactions with Bang Overseas Limited and Vedanta Creations Limited.
Passed a special resolution to increase investment limits for NRIs and Overseas Citizens of India.
Total valid votes polled reached 6,862,178, representing 46.77% of the company's outstanding shares.
Public non-institutional investors voted overwhelmingly in favor, with over 99.98% support across all resolutions.
👀 What to Watch
Investors should monitor the operational impact of the approved related party transactions. The increased NRI investment limit is a positive development that could enhance stock liquidity over time.
Promoter Vedant Bang Acquires 25,000 Shares of Thomas Scott (India) for ₹6.25 Crores
Mr. Vedant Bang, the Promoter and Managing Director (E-commerce) of Thomas Scott (India) Limited, purchased 25,000 equity shares on March 11, 2026. The transaction was executed on the open market for a total consideration of approximately ₹6.25 crores. This acquisition has increased his individual stake in the company from 3.50% to 3.67%. Insider buying at this scale is generally perceived as a strong signal of management's confidence in the company's future growth and valuation.
Key Highlights
Promoter Vedant Bang purchased 25,000 equity shares via an open market transaction on March 11, 2026.
The total transaction value is approximately ₹6.25 crores, excluding taxes and brokerage.
The promoter's individual shareholding increased from 5,12,936 shares (3.50%) to 5,37,936 shares (3.67%).
The disclosure was made in compliance with Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations.
👀 What to Watch
Investors should take this as a positive indicator of promoter confidence. It is advisable to monitor if this trend of insider buying continues among other members of the promoter group.
Thomas Scott (India) EGM: Approvals for Related Party Transactions and NRI Investment Limits
Thomas Scott (India) Limited conducted an Extraordinary General Meeting (EGM) on March 12, 2026, to seek shareholder approval for three key resolutions. The agenda included approving material related party transactions with Bang Overseas Limited and Vedanta Creations Limited. Additionally, a special resolution was proposed to increase the investment limits for Non-Resident Indians (NRI) and Overseas Citizens of India (OCI). A total of 50 shareholders participated in the meeting, and final voting results are expected within two working days.
Key Highlights
Approval sought for Material Related Party Transactions with Bang Overseas Limited and Vedanta Creations Limited via ordinary resolutions.
Proposed Special Resolution to increase investment limits for Non-Resident Indians (NRI) and Overseas Citizens of India (OCI).
A total of 50 shareholders attended the meeting via Video Conferencing, comprising 29 from the Promoter Group and 21 from the Public.
Remote e-voting was conducted between March 9 and March 11, 2026, prior to the EGM.
Final voting results and the Scrutinizer's report will be disclosed within two working days of the meeting's conclusion.
👀 What to Watch
Investors should review the upcoming voting results to confirm the approval of these resolutions and monitor the details of the related party transactions for any impact on corporate governance. The increase in NRI investment limits may lead to improved liquidity for the stock over time.
Thomas Scott Q3 Revenue Jumps 46% to ₹66.25 Cr; PAT Up 65% Despite ₹21.86 Cr Warehouse Fire
Thomas Scott (India) Limited reported robust financial performance for Q3 FY26, with revenue from operations growing 46% YoY to ₹66.25 crore. Net profit for the quarter surged 65% YoY to ₹4.97 crore, even as the company navigated a significant fire incident at its Bhiwandi warehouse in November 2025. The company has written off inventory worth ₹21.86 crore, which is recognized as an insurance receivable, and an exceptional loss of ₹31.22 lakhs for property damage. Notably, the nine-month revenue of ₹177.08 crore has already exceeded the total revenue for the entire previous financial year.
Key Highlights
Revenue from operations increased 46% YoY to ₹66.25 crore in Q3 FY26 compared to ₹45.40 crore in Q3 FY25.
Net Profit (PAT) grew by 65% YoY to ₹4.97 crore from ₹3.00 crore in the corresponding quarter last year.
9M FY26 revenue reached ₹177.08 crore, surpassing the full-year FY25 revenue of ₹161.03 crore.
A fire at the Bhiwandi warehouse led to an inventory write-off of ₹21.86 crore, currently filed as an insurance claim.
The Board has authorized the management to fix the date for an upcoming Extra Ordinary General Meeting (EGM).
👀 What to Watch
The company is showing strong growth momentum with 9M performance already exceeding the previous full year; investors should monitor the successful recovery of the ₹21.86 crore insurance claim. Watch for the EGM notice to understand the purpose of the meeting, which may involve further corporate actions or fundraising.
Thomas Scott (India) Seeks Approval for ₹300 Cr RPTs and Higher NRI Investment Limits
Thomas Scott (India) Limited has called an Extraordinary General Meeting (EGM) on March 12, 2026, to seek shareholder approval for material related party transactions totaling ₹300 Crores. The company proposes transactions worth ₹200 Crores with Bang Overseas Limited and ₹100 Crores with Vedanta Creations Limited for the sale and purchase of goods and services. Additionally, a special resolution is proposed to increase the investment limit for NRIs and OCIs from 10% to 24% of the paid-up equity capital. These moves are intended to facilitate operational scale and attract a broader base of non-resident investors.
Key Highlights
Proposed ₹200 Crore related party transaction with Bang Overseas Limited for raw materials and finished goods.
Proposed ₹100 Crore related party transaction with Vedanta Creations Limited for goods and services.
Resolution to increase the NRI and OCI investment limit from 10% to 24% of the company's paid-up equity.
EGM scheduled for March 12, 2026, with a voting cut-off date of March 05, 2026.
Remote e-voting period set from March 09 to March 11, 2026.
👀 What to Watch
Investors should scrutinize the terms of the ₹300 Crore related party transactions to ensure they are conducted at arm's length and do not dilute minority interest. The proposed increase in NRI investment limits is a positive signal for long-term stock liquidity.
Thomas Scott (India) to Vote on ₹300 Cr Related Party Transactions and Higher NRI Limits
Thomas Scott (India) Limited has convened an Extra-Ordinary General Meeting (EGM) for March 12, 2026, to seek shareholder approval for significant corporate actions. The agenda includes approving material related party transactions (RPTs) totaling ₹300 Crores with Bang Overseas Limited and Vedanta Creations Limited. Additionally, the company proposes a special resolution to increase the investment limit for Non-Resident Indians (NRIs) and Overseas Citizens of India (OCIs) from 10% to 24% of the paid-up equity capital. These moves are aimed at scaling business operations through group entities and broadening the potential investor base.
Key Highlights
Proposed Material Related Party Transaction with Bang Overseas Limited for up to ₹200 Crores for raw materials and finished goods.
Proposed Material Related Party Transaction with Vedanta Creations Limited for up to ₹100 Crores for goods and services.
Special resolution to increase the NRI/OCI investment limit from 10% to 24% of the company's paid-up equity share capital.
EGM scheduled for March 12, 2026, with a remote e-voting period from March 09 to March 11, 2026.
The cut-off date to determine eligibility for voting and attending the EGM is March 05, 2026.
👀 What to Watch
Investors should scrutinize the terms of the ₹300 Crores related party transactions to ensure they are conducted at arm's length and do not impact margins. The proposed increase in NRI investment limits is a positive structural change that could enhance stock liquidity over time.
Thomas Scott Reports 71% Revenue CAGR; B2C Now 94% of Total Revenue Mix
Thomas Scott (India) Limited has successfully transitioned from a traditional manufacturer to a tech-enabled B2C fashion retailer, with B2C revenue now accounting for 94% of the total mix. The company reported a robust 3-year revenue CAGR of 71% and a PAT CAGR of 177%, with 9M-FY26 operational income reaching INR 1,771 Mn. Leveraging a 'high-width low-depth' inventory strategy, the firm operates 4 manufacturing plants and 4 fulfillment centers. The company is also integrating GenAI tools like thread.ai and catalog.ai to optimize trend forecasting and e-commerce operations.
Key Highlights
Achieved a 3-year Revenue CAGR of 71% and a PAT CAGR of 177% as of 9M-FY26.
B2C segment revenue (Own and Licensed brands) surged to 94% of total revenue in 9M-FY26.
Licensed brands revenue grew from INR 150 Mn in FY23 to INR 996 Mn in 9M-FY26.
Maintains a manufacturing capacity of 140,000 units per month with a 16.47% ROCE.
Developing proprietary GenAI tools, thread.ai and catalog.ai, for data-driven design and automated cataloging.
👀 What to Watch
The company's successful pivot to a high-margin B2C model and strong growth metrics suggest a positive outlook. Investors should monitor the scalability of its AI-driven operations and its ability to maintain double-digit EBITDA margins during further expansion.
Thomas Scott (India) Approves Q3 FY26 Financial Results; To Convene EGM
Thomas Scott (India) Limited has approved its unaudited financial results for the quarter and nine months ended December 31, 2025, during its board meeting on February 14, 2026. While the specific financial figures were not detailed in the cover letter, the board confirmed the issuance of a Limited Review Report by statutory auditors M/s. Bharat Gupta & Co. Additionally, the company has authorized management to finalize the details for an upcoming Extra Ordinary General Meeting (EGM). The meeting was conducted efficiently, lasting approximately 70 minutes.
Key Highlights
Board approved un-audited financial results for the quarter and nine months ended December 31, 2025.
Statutory auditors M/s. Bharat Gupta & Co. issued a Limited Review Report on the financial statements.
Authorization granted to Managing Director Brijgopal Bang to fix the date and mode for an Extra Ordinary General Meeting (EGM).
The board meeting commenced at 3:00 PM and concluded at 4:10 PM on February 14, 2026.
👀 What to Watch
Investors should review the full financial tables on the stock exchange websites to assess the company's profitability and revenue trends. Monitor the upcoming EGM notice to understand the specific corporate actions or resolutions being proposed.
Thomas Scott (India) Clarifies Q2 FY26 Filing Errors; PAT Rises 66% YoY to ₹4.71 Crore
Thomas Scott (India) Limited has responded to NSE's clarification request regarding discrepancies in its Q2 FY26 financial filings, citing clerical errors in the XBRL and PDF submissions. Despite the administrative lapses, the company reported strong financial growth for the quarter ended September 30, 2025, with revenue increasing 40% YoY to ₹56.93 crore. Net profit for the quarter surged 66.3% YoY to ₹4.71 crore, up from ₹2.83 crore in the previous year. The company has now submitted corrected filings and implemented internal checks to prevent future reporting errors.
Key Highlights
Revenue from operations grew 40% YoY to ₹5,693.31 Lacs in Q2 FY26.
Net Profit (PAT) increased by 66.3% YoY to ₹471.55 Lacs for the quarter.
Half-yearly (H1 FY26) revenue reached ₹11,082.21 Lacs compared to ₹6,801.44 Lacs in H1 FY25.
Earnings Per Share (EPS) improved to ₹3.21 for the quarter from ₹2.58 in the same period last year.
Company clarified that the initial XBRL filing error was an unintentional oversight and has been rectified.
👀 What to Watch
Investors should look past the administrative filing errors and focus on the strong double-digit growth in both revenue and profitability. The stock's performance is likely to be driven by this underlying operational momentum.