Swaraj Engines Q2 FY27 results: revenue Rs 635.19 cr, PAT Rs 60.57 cr
For the quarter ended 30.09.2026, Swaraj Engines reported revenue from operations of Rs 635.19 cr and profit for the period of Rs 60.57 cr, up from Rs 504.04 cr and Rs 49.68 cr a year earlier.
Key takeaways
- Revenue from operations for Q2 FY27 was Rs 635.19 cr vs Rs 504.04 cr a year earlier.
- Total income for the quarter ended 30.09.2026 was Rs 636.77 cr vs Rs 508.65 cr.
- Profit for the period in Q2 FY27 was Rs 60.57 cr vs Rs 49.68 cr in Q2 FY26.
- Total expenses for Q2 FY27 were Rs 555.39 cr compared with Rs 441.90 cr a year ago.
- Basic EPS (not annualized) for Q2 FY27 was Rs 49.86 vs Rs 40.89 in the prior-year quarter.
Q2 FY27 · standalone
| Metric | Sep 2026 | Sep 2025 | Change |
|---|---|---|---|
| Revenue | Rs 635.19 cr | Rs 504.04 cr | +26.1% |
| PAT | Rs 60.57 cr | Rs 49.68 cr | +21.9% |
As reported in the filing. Figures are transcribed, not computed.
What the numbers show
- Net margin was 9.54% of revenue, down 32 bps from 9.86%.
- Cost of materials accounted for Rs 104.25 cr of the Rs 113.49 cr rise in total expenses (91%).
• Basis: Standalone statement of unaudited financial results for the quarter ended 30.09.2026, with prior quarter comparison to 30.09.2025, as per the statement of financial results.
• Revenue from Operations (30.09.2026): Rs 635.19 cr vs Rs 504.04 cr (30.09.2025).
• Other Income (30.09.2026): Rs 1.58 cr vs Rs 4.61 cr (30.09.2025).
• Total Income (30.09.2026): Rs 636.77 cr vs Rs 508.65 cr (30.09.2025).
• Cost of Materials Consumed (30.09.2026): Rs 502.88 cr vs Rs 398.63 cr (30.09.2025).
• Changes in Inventories of Finished Goods and Work-in-Progress (30.09.2026): Rs (3.75) cr vs Rs (3.66) cr (30.09.2025).
• Employee Benefits Expense (30.09.2026): Rs 16.24 cr vs Rs 13.89 cr (30.09.2025).
• Finance Costs (30.09.2026): Rs 0.10 cr vs Rs 0.10 cr (30.09.2025).
• Depreciation and Amortization Expense (30.09.2026): Rs 6.55 cr vs Rs 5.79 cr (30.09.2025).
• Other Expenses (30.09.2026): Rs 33.37 cr vs Rs 27.15 cr (30.09.2025).
• Total Expenses (30.09.2026): Rs 555.39 cr vs Rs 441.90 cr (30.09.2025).
• Profit before Exceptional Items and Tax (30.09.2026): Rs 81.38 cr vs Rs 66.75 cr (30.09.2025).
• Exceptional Items (30.09.2026): Rs - vs Rs - (30.09.2025).
• Profit before Tax (30.09.2026): Rs 81.38 cr vs Rs 66.75 cr (30.09.2025).
• Tax Expense – Total (30.09.2026): Rs 20.81 cr vs Rs 17.07 cr (30.09.2025).
• Profit for the Period (30.09.2026): Rs 60.57 cr vs Rs 49.68 cr (30.09.2025).
• Total Comprehensive Income for the Period (30.09.2026): Rs 60.57 cr vs Rs 49.68 cr (30.09.2025).
• Paid-up Equity Share Capital (Face Value Rs 10) (30.09.2026): Rs 12.15 cr vs Rs 12.15 cr (30.09.2025).
• Earning Per Share (not annualized) – Basic (30.09.2026): Rs 49.86 vs Rs 40.89 (30.09.2025).
• Earning Per Share (not annualized) – Diluted (30.09.2026): Rs 49.84 vs Rs 40.88 (30.09.2025).
For Q2 FY27 (quarter ended 30.09.2026), the statement of financial results shows that revenue from operations increased to Rs 635.19 cr from Rs 504.04 cr in the corresponding quarter ended 30.09.2025. Total income rose to Rs 636.77 cr from Rs 508.65 cr over the same period.
On the cost side, cost of materials consumed moved up to Rs 502.88 cr from Rs 398.63 cr, while employee benefits expense increased to Rs 16.24 cr from Rs 13.89 cr. Depreciation and amortization expense was Rs 6.55 cr compared with Rs 5.79 cr a year earlier, and other expenses rose to Rs 33.37 cr from Rs 27.15 cr. Total expenses for the quarter were Rs 555.39 cr versus Rs 441.90 cr in the corresponding prior period.
Profit before exceptional items and tax, which is the same as profit before tax for this quarter as no exceptional items are reported in the quarter columns, stood at Rs 81.38 cr compared with Rs 66.75 cr in the quarter ended 30.09.2025. Total tax expense increased to Rs 20.81 cr from Rs 17.07 cr. Profit for the period (profit after tax) came in at Rs 60.57 cr, up from Rs 49.68 cr in the year-ago quarter. Basic earnings per share (not annualized) were reported at Rs 49.86 versus Rs 40.89, and diluted earnings per share (not annualized) at Rs 49.84 versus Rs 40.88, on an unchanged paid-up equity share capital of Rs 12.15 cr.
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