Hindustan Hardy Q2 FY27: Revenue Rs 3,723.80 lakh, PAT up 57.7%

What the numbers show

• Net margin was 8.20% of revenue, up 55 bps from 7.65%.
• Revenue rose 47.0% while total expenses rose 43.3%.

• Revenue from operations (quarter ended 30-Sep-26): Rs 3,723.80 lakh vs Rs 2,532.84 lakh a year earlier (statement of financial results)

• Other income (quarter ended 30-Sep-26): Rs (0.04) lakh vs Rs 38.38 lakh a year earlier (statement of financial results)

• Total income (quarter ended 30-Sep-26): Rs 3,723.76 lakh vs Rs 2,571.22 lakh a year earlier (statement of financial results)

• Cost of materials consumed (Incl. Purchase of Stock in Trade) (quarter ended 30-Sep-26): Rs 2,126.87 lakh vs Rs 1,398.92 lakh a year earlier (statement of financial results)

• Changes in inventories of finished goods, work-in-progress & stock-in-trade (quarter ended 30-Sep-26): Rs 62.69 lakh vs Rs (28.07) lakh a year earlier (statement of financial results)

• Employee benefits expenses (quarter ended 30-Sep-26): Rs 393.60 lakh vs Rs 421.26 lakh a year earlier (statement of financial results)

• Finance costs (quarter ended 30-Sep-26): Rs 13.75 lakh vs Rs 7.20 lakh a year earlier (statement of financial results)

• Depreciation and amortisation expenses (quarter ended 30-Sep-26): Rs 47.81 lakh vs Rs 35.21 lakh a year earlier (statement of financial results)

• Other expenses (quarter ended 30-Sep-26): Rs 666.88 lakh vs Rs 476.29 lakh a year earlier (statement of financial results)

• Total expenses (quarter ended 30-Sep-26): Rs 3,311.60 lakh vs Rs 2,310.81 lakh a year earlier (statement of financial results)

• Profit before tax (quarter ended 30-Sep-26): Rs 412.16 lakh vs Rs 260.41 lakh a year earlier (statement of financial results)

• Current tax (net of Mat credit) (quarter ended 30-Sep-26): Rs 85.06 lakh vs Rs 81.24 lakh a year earlier (statement of financial results)

• Deferred tax (quarter ended 30-Sep-26): Rs 21.83 lakh vs Rs (14.51) lakh a year earlier (statement of financial results)

• Total tax expense (quarter ended 30-Sep-26): Rs 106.89 lakh vs Rs 66.73 lakh a year earlier (statement of financial results)

• Net Profit after Tax / PAT (quarter ended 30-Sep-26): Rs 305.28 lakh vs Rs 193.68 lakh a year earlier (statement of financial results)

• Total Other Comprehensive income/(loss) (quarter ended 30-Sep-26): Rs 2.78 lakh vs Rs (3.71) lakh a year earlier (statement of financial results)

• Profit for the Period (including OCI) (quarter ended 30-Sep-26): Rs 308.06 lakh vs Rs 189.97 lakh a year earlier (statement of financial results)

• Paid-up equity share capital (face value Rs. 10 each) (quarter ended 30-Sep-26): Rs 149.85 lakh vs Rs 149.85 lakh a year earlier (statement of financial results)

• Earnings per share of Rs. 10 each – Basic (for period-not annualised) (quarter ended 30-Sep-26): Rs 20.37 vs Rs 12.93 a year earlier (statement of financial results)

• Earnings per share of Rs. 10 each – Diluted (for period-not annualised) (quarter ended 30-Sep-26): Rs 20.37 vs Rs 12.93 a year earlier (statement of financial results)

For the quarter ended 30-Sep-26 on a standalone basis, Hindustan Hardy Limited reported higher revenue from operations of Rs 3,723.80 lakh compared with Rs 2,532.84 lakh in the corresponding quarter of the previous year. Total income rose to Rs 3,723.76 lakh from Rs 2,571.22 lakh, even as other income moved to Rs (0.04) lakh from Rs 38.38 lakh.

On the cost side, cost of materials consumed (including purchase of stock in trade) increased to Rs 2,126.87 lakh from Rs 1,398.92 lakh. Changes in inventories of finished goods, work-in-progress and stock-in-trade stood at Rs 62.69 lakh versus Rs (28.07) lakh a year earlier. Employee benefits expenses were Rs 393.60 lakh compared with Rs 421.26 lakh, while finance costs rose to Rs 13.75 lakh from Rs 7.20 lakh. Depreciation and amortisation expenses increased to Rs 47.81 lakh from Rs 35.21 lakh, and other expenses moved up to Rs 666.88 lakh from Rs 476.29 lakh. Total expenses for the quarter were Rs 3,311.60 lakh against Rs 2,310.81 lakh in the year-ago quarter.

Profit before tax for the quarter was Rs 412.16 lakh, up from Rs 260.41 lakh in the corresponding previous-year quarter. Total tax expense rose to Rs 106.89 lakh from Rs 66.73 lakh, resulting in Net Profit after Tax of Rs 305.28 lakh versus Rs 193.68 lakh a year earlier. Including other comprehensive income/(loss) of Rs 2.78 lakh (against Rs (3.71) lakh a year earlier), profit for the period came in at Rs 308.06 lakh compared with Rs 189.97 lakh. Basic and diluted earnings per share (face value Rs. 10 each, not annualised) were Rs 20.37, up from Rs 12.93 in the same quarter last year.