Granules India Q2 FY27 consolidated revenue Rs 1,559.97 cr, PAT Rs 181.84 cr
Results$GRANULES

Granules India Q2 FY27 consolidated revenue Rs 1,559.97 cr, PAT Rs 181.84 cr

Granules India’s consolidated Q2 FY27 revenue from operations was Rs 1,559.97 cr and profit after tax Rs 181.84 cr, both up versus Q2 FY26.

Granules India Ltd-$
Granules India Ltd-$Reviewed and published by · How we report
3 min read
granules indiaq2 fy27 resultspharmaearningsconsolidated
ShareWhatsAppXLinkedIn

Key takeaways

  • Revenue from operations in Q2 FY27 was Rs 1,559.97 cr vs Rs 1,296.99 cr in Q2 FY26.
  • Total income in Q2 FY27 reached Rs 1,570.66 cr vs Rs 1,295.84 cr a year earlier.
  • Profit before tax for Q2 FY27 was Rs 243.42 cr vs Rs 175.86 cr in Q2 FY26.
  • PAT in Q2 FY27 was Rs 181.84 cr compared with Rs 130.61 cr in Q2 FY26.
  • Basic EPS for Q2 FY27 was Rs 7.22 vs Rs 5.38 in the corresponding previous quarter.

Q2 FY27 · consolidated

MetricSep 2026Sep 2025Change
RevenueRs 1,559.97 crRs 1,296.99 cr+20.3%
PATRs 181.84 crRs 130.61 cr+39.2%

As reported in the filing. Figures are transcribed, not computed.

What the numbers show

  • Net margin was 11.66% of revenue, up 158 bps from 10.07%.
  • Revenue rose 20.3% while total expenses rose 18.5%.
  • Cost of materials accounted for Rs 115.35 cr of the Rs 207.27 cr rise in total expenses (55%).
  • Cost of materials took 39.3% of revenue, against 38.4% a year earlier.

Key numbers (consolidated, Q2 FY27 vs Q2 FY26)

From the statement of unaudited consolidated financial results for the quarter ended 30-Sep-26 ("Quarter ended 30-Sep-26") compared with the corresponding previous quarter 30-Sep-25 ("Quarter ended 30-Sep-25"):

  • Revenue from operations (Total revenue from operations):
    • Q2 FY27 (30-Sep-26): Rs 1,559.97 cr
    • Q2 FY26 (30-Sep-25): Rs 1,296.99 cr
  • Total income (3 Total income (1+2)):
    • Q2 FY27: Rs 1,570.66 cr
    • Q2 FY26: Rs 1,295.84 cr
  • Total expenses (Total expenses):
    • Q2 FY27: Rs 1,327.24 cr
    • Q2 FY26: Rs 1,119.97 cr
  • Profit before tax (7 Profit before tax (5+6)):
    • Q2 FY27: Rs 243.42 cr
    • Q2 FY26: Rs 175.86 cr
  • Profit for the period (9 Profit for the period/year (7-8)):
    • Q2 FY27: Rs 181.84 cr
    • Q2 FY26: Rs 130.61 cr
  • Basic EPS (14 (a) Basic (in Rs.)):
    • Q2 FY27: Rs 7.22
    • Q2 FY26: Rs 5.38
  • Diluted EPS (14 (b) Diluted (in Rs.)):
    • Q2 FY27: Rs 7.03
    • Q2 FY26: Rs 5.38

Cost and expense lines for the same quarters, as per the consolidated statement of financial results:

  • Cost of materials consumed (4 (a)):
    • Q2 FY27: Rs 613.15 cr
    • Q2 FY26: Rs 497.80 cr
  • Changes in inventories of work in progress and finished goods (4 (b)):
    • Q2 FY27: Rs (57.06) cr
    • Q2 FY26: Rs (52.84) cr
  • Employee benefits expense (4 (c)):
    • Q2 FY27: Rs 258.14 cr
    • Q2 FY26: Rs 219.20 cr
  • Finance costs (4 (d)):
    • Q2 FY27: Rs 20.97 cr
    • Q2 FY26: Rs 29.19 cr
  • Depreciation and amortisation expense (4 (e)):
    • Q2 FY27: Rs 83.86 cr
    • Q2 FY26: Rs 72.02 cr
  • Other expenses (4 (f) Other expenses):
    • Q2 FY27: Rs 408.17 cr
    • Q2 FY26: Rs 354.60 cr

In Q2 FY27, consolidated revenue from operations (Total revenue from operations) rose to Rs 1,559.97 cr from Rs 1,296.99 cr in Q2 FY26, according to the statement of unaudited consolidated financial results. Total income increased to Rs 1,570.66 cr from Rs 1,295.84 cr over the same period.

On the cost side, total expenses moved up to Rs 1,327.24 cr in Q2 FY27 from Rs 1,119.97 cr a year earlier, with higher cost of materials consumed at Rs 613.15 cr versus Rs 497.80 cr, and employee benefits expense at Rs 258.14 cr versus Rs 219.20 cr. Finance costs were Rs 20.97 cr in Q2 FY27 compared with Rs 29.19 cr in Q2 FY26.

After expenses, profit before tax for Q2 FY27 stood at Rs 243.42 cr, up from Rs 175.86 cr in the corresponding previous quarter. Profit for the period (profit after tax) increased to Rs 181.84 cr from Rs 130.61 cr. The company reported basic EPS of Rs 7.22 versus Rs 5.38 a year earlier, and diluted EPS of Rs 7.03 versus Rs 5.38, as per the same consolidated results table.

Track Granules India Ltd-$

Cruxal reads every Granules India Ltd-$ filing as it lands, scores what it means for the stock, and emails you the ones that matter. Free to start.

Get every filing that moves a stock

One email before the open, with the day's filings that actually shifted a price — the number, the source document and what the market did with it. Free, and you can unsubscribe from any issue.

Cruxal publishes market coverage for information only. Nothing here is investment advice.