HEG Advanced Materials Q2 FY27 consolidated PAT Rs 306.07 cr

What the numbers show

• Net margin was 71.19% of revenue, against 109.87% a year earlier.
• Revenue rose 144.4% while total expenses rose 139.9%.
• Cost of materials took 47.2% of revenue, against 2.8% a year earlier.

• Revenue from operations (continuing): Rs 429.94 cr vs Rs 175.94 cr in the quarter ended September 30, 2025
• Other income (continuing): Rs 116.65 cr vs Rs 50.37 cr
• Total income (continuing): Rs 546.59 cr vs Rs 226.31 cr
• Total expenses (continuing): Rs 268.06 cr vs Rs 111.74 cr
• Profit/(loss) before tax from continuing operations: Rs 278.53 cr vs Rs 114.53 cr
• Total tax expense (continuing): Rs 69.64 cr vs Rs 45.35 cr
• Profit/(loss) after tax from continuing operations: Rs 208.89 cr vs Rs 69.18 cr
• Revenue from operations (discontinued – Demerged Graphite Undertaking): Rs 526.45 cr vs Rs 696.84 cr
• Other income (discontinued – Demerged Graphite Undertaking): Rs 31.62 cr vs Rs 95.23 cr
• Total expenses (discontinued – Demerged Graphite Undertaking): Rs 423.69 cr vs Rs 637.36 cr
• Profit/(loss) before tax from discontinued operations: Rs 134.38 cr vs Rs 154.71 cr
• Tax expense/(credit) on discontinued operations: Rs 37.20 cr vs Rs 30.59 cr
• Profit/(loss) after tax from discontinued operations: Rs 97.18 cr vs Rs 124.12 cr
• Profit / (loss) after tax for the period from continuing and discontinued operations: Rs 306.07 cr vs Rs 193.30 cr
• Other comprehensive income for the period (continuing): Rs (0.25) cr vs Rs (0.36) cr
• Total other comprehensive income for the period from continuing and discontinued operations: Rs (0.25) cr vs Rs (1.37) cr
• Total comprehensive income for the period (comprising profit/(loss) and other comprehensive income): Rs 305.82 cr vs Rs 191.93 cr
• Paid-up equity share capital: Rs 65.96 cr vs Rs 38.60 cr
• Earnings per equity share for continuing operations – Basic: Rs 6.64 vs Rs 2.37
• Earnings per equity share for continuing operations – Diluted: Rs 6.64 vs Rs 2.37
• Earnings per equity share for discontinued operations – Basic: Rs 3.09 vs Rs 4.25
• Earnings per equity share for discontinued operations – Diluted: Rs 3.09 vs Rs 4.25
• Earnings per equity share for continuing and discontinued operations – Basic: Rs 9.73 vs Rs 6.62
• Earnings per equity share for continuing and discontinued operations – Diluted: Rs 9.73 vs Rs 6.62

According to the statement of unaudited consolidated financial results for the quarter and half year ended 30th September, 2026, HEG Advanced Materials Limited reported consolidated total income from continuing operations of Rs 546.59 cr for the quarter ended September 30, 2026, compared with Rs 226.31 cr in the corresponding quarter ended September 30, 2025. Revenue from operations within continuing operations rose to Rs 429.94 cr from Rs 175.94 cr, while other income increased to Rs 116.65 cr from Rs 50.37 cr over the same period.

Total expenses for continuing operations were Rs 268.06 cr in the quarter ended September 30, 2026, versus Rs 111.74 cr a year earlier. Profit/(loss) before tax from continuing operations was Rs 278.53 cr, up from Rs 114.53 cr in the quarter ended September 30, 2025. After a total tax expense of Rs 69.64 cr, profit/(loss) after tax from continuing operations stood at Rs 208.89 cr, compared with Rs 69.18 cr in the year-ago quarter.

For the discontinued operations relating to the Demerged Graphite Undertaking, revenue from operations was Rs 526.45 cr in the quarter ended September 30, 2026, against Rs 696.84 cr in the corresponding prior period. Other income from these discontinued operations was Rs 31.62 cr versus Rs 95.23 cr, and total expenses were Rs 423.69 cr versus Rs 637.36 cr. Profit/(loss) before tax from discontinued operations came in at Rs 134.38 cr, compared with Rs 154.71 cr a year earlier, with tax expense/(credit) of Rs 37.20 cr versus Rs 30.59 cr. Profit/(loss) after tax from discontinued operations was Rs 97.18 cr, down from Rs 124.12 cr in the corresponding quarter.

Combining continuing and discontinued operations, profit / (loss) after tax for the period was Rs 306.07 cr for the quarter ended September 30, 2026, compared with Rs 193.30 cr in the quarter ended September 30, 2025. Total comprehensive income for the period, comprising profit/(loss) and other comprehensive income from continuing and discontinued operations, was Rs 305.82 cr versus Rs 191.93 cr. Basic and diluted earnings per equity share for continuing and discontinued operations were Rs 9.73, compared with Rs 6.62 in the same quarter of the previous year, as per the statement of financial results.