Gabriel India Q2 FY27 consolidated revenue Rs 1,608.00 cr; PAT Rs 123.97 cr

What the numbers show

• Net margin was 7.71% of revenue, down 47 bps from 8.18%.
• Total expenses rose 24.2% while revenue rose 22.9%.
• Cost of materials accounted for Rs 252.23 cr of the Rs 295.03 cr rise in total expenses (85%).
• Cost of materials took 74.9% of revenue, against 72.8% a year earlier.

• Basis: consolidated statement of unaudited financial results for the quarter ended 30.09.2026 (Q2 FY27), with comparison to quarter ended 30.09.2025.

• Revenue from operations (Q2 FY27): Rs 1,608.00 cr
• Revenue from operations (Q2 FY26): Rs 1,308.32 cr

• Total income (Q2 FY27): Rs 1,614.60 cr
• Total income (Q2 FY26): Rs 1,315.23 cr

• Total expenses (Q2 FY27): Rs 1,514.73 cr
• Total expenses (Q2 FY26): Rs 1,219.70 cr

• Cost of materials consumed (Q2 FY27): Rs 1,204.37 cr
• Cost of materials consumed (Q2 FY26): Rs 952.14 cr

• Purchases of stock-in-trade (Q2 FY27): Rs 12.00 cr
• Purchases of stock-in-trade (Q2 FY26): Rs 9.03 cr

• Changes in inventories of finished goods, work-in-progress and stock-in-trade (Q2 FY27): Rs (11.02) cr
• Changes in inventories of finished goods, work-in-progress and stock-in-trade (Q2 FY26): Rs (2.27) cr

• Employee benefits expense (Q2 FY27): Rs 89.15 cr
• Employee benefits expense (Q2 FY26): Rs 87.25 cr

• Depreciation and amortisation expense (Q2 FY27): Rs 32.88 cr
• Depreciation and amortisation expense (Q2 FY26): Rs 30.95 cr

• Other expenses (Q2 FY27): Rs 172.62 cr
• Other expenses (Q2 FY26): Rs 136.32 cr

• Finance costs (Q2 FY27): Rs 14.73 cr
• Finance costs (Q2 FY26): Rs 6.28 cr

• Profit before share of profit in equity accounted investees, exceptional items and tax (Q2 FY27): Rs 99.87 cr
• Profit before share of profit in equity accounted investees, exceptional items and tax (Q2 FY26): Rs 95.53 cr

• Share of profit in equity accounted investees (net) (Q2 FY27): Rs 48.30 cr
• Share of profit in equity accounted investees (net) (Q2 FY26): Rs 34.60 cr

• Profit before exceptional items and tax (Q2 FY27): Rs 148.17 cr
• Profit before exceptional items and tax (Q2 FY26): Rs 130.13 cr

• Exceptional items (Q2 FY27): Rs -
• Exceptional items (Q2 FY26): Rs -

• Profit before tax (Q2 FY27): Rs 148.17 cr
• Profit before tax (Q2 FY26): Rs 130.13 cr

• Net profit after tax (Q2 FY27): Rs 123.97 cr
• Net profit after tax (Q2 FY26): Rs 107.05 cr

• Earnings per equity share – Basic and Diluted (Q2 FY27): Rs 6.80
• Earnings per equity share – Basic and Diluted (Q2 FY26): Rs 6.01

According to the consolidated statement of financial results, revenue from operations for the quarter ended 30.09.2026 increased to Rs 1,608.00 cr from Rs 1,308.32 cr in the corresponding quarter ended 30.09.2025. Total income moved to Rs 1,614.60 cr from Rs 1,315.23 cr over the same period.

On the cost side, cost of materials consumed rose to Rs 1,204.37 cr from Rs 952.14 cr, while purchases of stock-in-trade increased to Rs 12.00 cr from Rs 9.03 cr. Changes in inventories of finished goods, work-in-progress and stock-in-trade stood at Rs (11.02) cr versus Rs (2.27) cr a year earlier. Employee benefits expense was Rs 89.15 cr compared with Rs 87.25 cr, and depreciation and amortisation expense rose to Rs 32.88 cr from Rs 30.95 cr. Other expenses increased to Rs 172.62 cr from Rs 136.32 cr, and finance costs more than doubled to Rs 14.73 cr from Rs 6.28 cr.

Profit before share of profit in equity accounted investees, exceptional items and tax was Rs 99.87 cr against Rs 95.53 cr in the year-ago quarter. Share of profit in equity accounted investees (net) increased to Rs 48.30 cr from Rs 34.60 cr, taking profit before exceptional items and tax to Rs 148.17 cr versus Rs 130.13 cr. There were no exceptional items reported for either quarter in this table. Net profit after tax attributable to the group rose to Rs 123.97 cr from Rs 107.05 cr, and basic and diluted earnings per equity share moved to Rs 6.80 from Rs 6.01, as per the statement of financial results.