True Colors H1 FY27 results: revenue Rs 183.01 cr, PAT Rs 21.09 cr

What the numbers show

• Net margin was 11.52% of revenue, up 178 bps from 9.74%.
• Revenue rose 21.1% while total expenses rose 17.7%.
• Purchases of stock-in-trade took 36.2% of revenue, against 41.9% a year earlier.

• Revenue from operations (half year ended 30-09-2026): Rs 183.01 cr vs Rs 151.11 cr a year earlier, per the statement of standalone financial results.

• Total income (half year ended 30-09-2026): Rs 183.29 cr vs Rs 151.62 cr a year earlier.

• Total expenses (half year ended 30-09-2026): Rs 156.32 cr vs Rs 132.86 cr a year earlier.

• Cost of materials consumed (half year ended 30-09-2026): Rs 54.94 cr vs Rs 29.41 cr a year earlier.

• Purchases of stock-in-trade (half year ended 30-09-2026): Rs 66.33 cr vs Rs 63.24 cr a year earlier.

• Changes in inventories of finished goods, work-in-progress and stock-in-trade (half year ended 30-09-2026): Rs (9.53) cr vs Rs 2.13 cr a year earlier.

• Employee benefit expense (half year ended 30-09-2026): Rs 22.51 cr vs Rs 15.44 cr a year earlier.

• Finance costs (half year ended 30-09-2026): Rs 2.20 cr vs Rs 2.47 cr a year earlier.

• Depreciation and amortisation expense (half year ended 30-09-2026): Rs 3.30 cr vs Rs 1.98 cr a year earlier.

• Other expenses (half year ended 30-09-2026): Rs 6.97 cr vs Rs 5.45 cr a year earlier.

• Profit/(loss) before exceptional and extraordinary items and tax (half year ended 30-09-2026): Rs 26.97 cr vs Rs 18.76 cr a year earlier.

• Profit before tax (half year ended 30-09-2026): Rs 26.85 cr vs Rs 18.67 cr a year earlier.

• Tax expense (half year ended 30-09-2026): Rs 5.76 cr vs Rs 3.96 cr a year earlier.

• Profit (Loss) for the period from continuing operations (half year ended 30-09-2026): Rs 21.09 cr vs Rs 14.72 cr a year earlier.

• Net Profit (Loss) for the period (half year ended 30-09-2026): Rs 21.09 cr vs Rs 14.72 cr a year earlier.

• Basic earnings (loss) per share from continuing and discontinued operations (half year ended 30-09-2026): Rs 8.55 vs Rs 7.76 a year earlier.

• Diluted earnings (loss) per share from continuing and discontinued operations (half year ended 30-09-2026): Rs 8.55 vs Rs 7.76 a year earlier.

For the half year ended 30-09-2026, True Colors Limited reported standalone revenue from operations of Rs 183.01 cr, compared with Rs 151.11 cr in the half year ended 30-09-2025, as per the statement of standalone financial results. Total income rose to Rs 183.29 cr from Rs 151.62 cr over the same periods.

Total expenses increased to Rs 156.32 cr in the half year ended 30-09-2026 from Rs 132.86 cr a year earlier. Within this, cost of materials consumed moved to Rs 54.94 cr from Rs 29.41 cr, while purchases of stock-in-trade were Rs 66.33 cr versus Rs 63.24 cr. Employee benefit expense rose to Rs 22.51 cr from Rs 15.44 cr, and depreciation and amortisation expense increased to Rs 3.30 cr from Rs 1.98 cr. Finance costs were Rs 2.20 cr compared with Rs 2.47 cr in the prior half year.

Profit before tax for the half year ended 30-09-2026 was Rs 26.85 cr, up from Rs 18.67 cr in the half year ended 30-09-2025. After a tax expense of Rs 5.76 cr (vs Rs 3.96 cr a year earlier), profit for the period from continuing operations stood at Rs 21.09 cr, compared with Rs 14.72 cr in the corresponding previous half year. Basic and diluted earnings per share for the half year ended 30-09-2026 were both Rs 8.55, versus Rs 7.76 in the half year ended 30-09-2025, based on a paid-up equity share capital of Rs 24.65 cr in both periods.