Indian Hume Pipe Q2 FY27 results: revenue Rs 286.76 cr, PAT Rs 22.75 cr

What the numbers show

• Net margin was 7.93% of revenue, down 157 bps from 9.51%.
• Total expenses fell 18.7% while revenue fell 21.4%.

• Basis: Standalone statement of unaudited financial results for the quarter ended September 30, 2026, as per the statement of financial results.

• Revenue from operations (Q2 FY27, September 30, 2026): Rs 286.76 cr
Revenue from operations (Q2 FY26, September 30, 2025): Rs 364.78 cr

• Other income (Q2 FY27): Rs 12.37 cr
Other income (Q2 FY26): Rs 11.54 cr

• Total revenue (Q2 FY27): Rs 299.13 cr
Total revenue (Q2 FY26): Rs 376.33 cr

• Cost of materials consumed (Q2 FY27): Rs 36.45 cr
Cost of materials consumed (Q2 FY26): Rs 39.44 cr

• Changes in inventories of finished goods, work-in-progress and stock in trade (Q2 FY27): Rs (3.73) cr
Changes in inventories of finished goods, work-in-progress and stock in trade (Q2 FY26): Rs (4.62) cr

• Construction expenses (Q2 FY27): Rs 165.62 cr
Construction expenses (Q2 FY26): Rs 222.44 cr

• Manufacturing and other expenses (Q2 FY27): Rs 10.76 cr
Manufacturing and other expenses (Q2 FY26): Rs 12.60 cr

• Employee benefits expenses (Q2 FY27): Rs 30.92 cr
Employee benefits expenses (Q2 FY26): Rs 31.17 cr

• Finance costs (Q2 FY27): Rs 11.38 cr
Finance costs (Q2 FY26): Rs 12.16 cr

• Depreciation and amortisation expenses (Q2 FY27): Rs 4.99 cr
Depreciation and amortisation expenses (Q2 FY26): Rs 4.92 cr

• Other expenses (Q2 FY27): Rs 12.29 cr
Other expenses (Q2 FY26): Rs 12.21 cr

• Total expenses (Q2 FY27): Rs 268.68 cr
Total expenses (Q2 FY26): Rs 330.31 cr

• Profit / (loss) from ordinary activities before exceptional items (Q2 FY27): Rs 30.45 cr
Profit / (loss) from ordinary activities before exceptional items (Q2 FY26): Rs 46.02 cr

• Exceptional items (Q2 FY27): Rs 0.00 cr
Exceptional items (Q2 FY26): Rs 0.00 cr

• Profit / (loss) from ordinary activities before tax (Q2 FY27): Rs 30.45 cr
Profit / (loss) from ordinary activities before tax (Q2 FY26): Rs 46.02 cr

• Net profit / (loss) from ordinary activities after tax (Q2 FY27): Rs 22.75 cr
Net profit / (loss) from ordinary activities after tax (Q2 FY26): Rs 34.69 cr

• Net profit / (loss) for the period / year (Q2 FY27): Rs 22.75 cr
Net profit / (loss) for the period / year (Q2 FY26): Rs 34.69 cr

• Total comprehensive income / (loss) for the period / year (Q2 FY27): Rs 21.06 cr
Total comprehensive income / (loss) for the period / year (Q2 FY26): Rs 32.37 cr

• Paid-up equity share capital (face value Rs 2 each) (Q2 FY27): Rs 10.54 cr
Paid-up equity share capital (face value Rs 2 each) (Q2 FY26): Rs 10.54 cr

• Basic and Diluted earnings per share (in Rs) (Q2 FY27): 4.32*
Basic and Diluted earnings per share (in Rs) (Q2 FY26): 6.59*

According to the statement of financial results, revenue from operations for the quarter ended September 30, 2026 was Rs 286.76 cr, compared with Rs 364.78 cr in the corresponding quarter ended September 30, 2025. Total revenue, including other income, was Rs 299.13 cr versus Rs 376.33 cr a year earlier.

Total expenses for the quarter were Rs 268.68 cr, down from Rs 330.31 cr in the corresponding prior-year quarter. Within this, construction expenses were Rs 165.62 cr against Rs 222.44 cr, cost of materials consumed was Rs 36.45 cr versus Rs 39.44 cr, and employee benefits expenses were Rs 30.92 cr compared with Rs 31.17 cr. Finance costs stood at Rs 11.38 cr versus Rs 12.16 cr, while depreciation and amortisation expenses were Rs 4.99 cr against Rs 4.92 cr.

Profit / (loss) from ordinary activities before tax for the quarter ended September 30, 2026 was Rs 30.45 cr, compared with Rs 46.02 cr in the same quarter of the previous year. Net profit / (loss) from ordinary activities after tax was Rs 22.75 cr, versus Rs 34.69 cr a year earlier. Basic and diluted earnings per share (of Rs 2 each, not annualised) were 4.32* for the quarter, compared with 6.59* in the corresponding quarter of the previous year, as stated in the statement of financial results.