Rico Auto Q2 FY27 consolidated revenue Rs 852.36 cr; consolidated loss Rs 26.27 cr

What the numbers show

• Net margin was -3.08% of revenue, down 590 bps from 2.82%.
• Total expenses rose 47.2% while revenue rose 35.9%.
• Cost of materials accounted for Rs 218.38 cr of the Rs 284.87 cr rise in total expenses (76%).
• Cost of materials took 71.3% of revenue, against 62.1% a year earlier.

• Revenue from operations (consolidated, Q2 FY27): Rs 852.36 cr, up from Rs 627.36 cr in the quarter ended 30.09.2025 (statement of financial results, consolidated).

• Total income: Rs 856.00 cr, compared with Rs 628.87 cr in the quarter ended 30.09.2025.

• Total expenses: Rs 888.94 cr, versus Rs 604.07 cr in the quarter ended 30.09.2025.

• Cost of raw material consumed: Rs 608.14 cr, up from Rs 389.76 cr in the quarter ended 30.09.2025.

• Change in inventories of work in progress, stock-in-trade and finished goods: Rs (35.30) cr, compared with Rs (1.73) cr in the quarter ended 30.09.2025.

• Employee benefits expense: Rs 57.14 cr, versus Rs 51.23 cr in the quarter ended 30.09.2025.

• Finance costs: Rs 15.90 cr, compared with Rs 11.97 cr in the quarter ended 30.09.2025.

• Depreciation and amortisation expense: Rs 26.60 cr, up from Rs 25.73 cr in the quarter ended 30.09.2025.

• Other expenses: Rs 216.46 cr, versus Rs 127.11 cr in the quarter ended 30.09.2025.

• (Loss)/Profit before exceptional items and tax: Rs (32.94) cr, compared with Rs 24.80 cr in the quarter ended 30.09.2025.

• Exceptional items: Rs 0.22 cr, versus Rs 0.32 cr in the quarter ended 30.09.2025.

• (Loss)/Profit before tax: Rs (33.16) cr, compared with Rs 24.48 cr in the quarter ended 30.09.2025.

• Current tax: Rs 3.28 cr, versus Rs 0.23 cr in the quarter ended 30.09.2025.

• Deferred tax charge / (credit): Rs (10.17) cr, compared with Rs 6.53 cr in the quarter ended 30.09.2025.

• (Loss)/Profit for the period: Rs (26.27) cr, versus Rs 17.72 cr in the quarter ended 30.09.2025.

• Basic and diluted (loss)/earnings per equity share*: Rs (1.97), compared with Rs 1.31 in the quarter ended 30.09.2025. [nominal value of share: Re.1/-] (*Not annualised).

For the quarter ended 30.09.2026, the consolidated statement of financial results shows higher revenue from operations and total income compared with the corresponding quarter ended 30.09.2025, alongside a larger increase in total expenses. Cost of raw material consumed, employee benefits expense, finance costs, depreciation and amortisation expense, and other expenses are all higher than in the same quarter a year earlier.

The consolidated results in the statement of financial results also show that the company moved from a profit before tax in the quarter ended 30.09.2025 to a loss before tax in the quarter ended 30.09.2026. After current tax and deferred tax, the quarter ended 30.09.2026 records a consolidated loss for the period, compared with a profit for the period in the corresponding quarter of the previous year. Basic and diluted (loss)/earnings per equity share reflect this shift from profit to loss on a consolidated basis.