Q2 FY27 results approved; independent director's continuation past 75 years to go to shareholders
Board approved unaudited standalone and consolidated results for the quarter and half year ended September 30, 2026.
By ScoutQuest · · 2 min read
- Consolidated Revenue
- ₹4,816.0 cr, up 28.1% y-o-y
- Profit After Taxes
- ₹110.7 cr, up 37.1%
- Period
- quarter and half year ended September 30, 2026
What the board decided
- Approved the unaudited financial results (standalone and consolidated) for the quarter and half year ended September 30, 2026.
- Approved the continuation of Mr. Upendra Kumar Sinha (DIN: 00010336) as a Non-Executive Independent Director of the company upon attaining the age of 75 years, until the end of his current term on June 28, 2030.
- That continuation is subject to the approval of shareholders by way of a special resolution.
About the director
Mr. Sinha was appointed as a Non-Executive Independent Director with effect from June 29, 2025, for a period of 5 years. He earlier served as Chairman of the Securities and Exchange Board of India, and before that as Chairman and Managing Director at UTI Asset Management Company. He has also held directorships at several financial institutions and has chaired committees appointed by the Ministry of Finance, the Reserve Bank of India and the Insolvency & Bankruptcy Board of India. He is not related to any other Director of the company.
How the quarter looked (consolidated, Q2 FY27 vs Q2 FY26)
- Revenue: ₹4,816.0 cr, up 28.1%
- EBITDA: ₹223.3 cr, up 32.7%
- Profit After Taxes: ₹110.7 cr, up 37.1%
- H1 FY27 Revenue: ₹9,419.6 cr
What the management commentary highlights
The Group Managing Director describes the quarter as record revenue, with growth led by the India business on both volumes and price increases after minimum wage revisions in Haryana and Uttar Pradesh. The commentary says the new Labour Codes supported margin gains in India, with higher wage and statutory costs being fully passed through, and that a large part of the benefit is still to come as more states notify rules and revise minimum wages.
Buyback
The company completed an open market buyback of INR 106 cr.
Points to keep in mind
- The results are unaudited, for the quarter and half year ended September 30, 2026.
- The director's continuation beyond the age of 75 years takes effect only after shareholders pass a special resolution.
- The company presents non-Ind AS (pre-Ind AS 116) figures alongside the statutory Ind AS numbers, and says these give a comparable view of underlying operating performance.
Overall, the update combines a routine results announcement with a governance decision on board continuity — the kind of update that is factual in nature rather than a signal about the business outlook.
Also from SIS
Q2 FY27 results: revenue up 28.1% YoY, EBITDA up 32.7%, PAT up 37.1%
4 Nov 2026
Board approves continuation of Independent Director U K Sinha beyond age 75, till end of term
4 Nov 2026
Consolidated results for the quarter ended September 30, 2026 (Unaudited)
4 Nov 2026
More numbers
- Consolidated Revenue, Q2 FY27₹4,816.0 cr.
- Consolidated Revenue growth, y-o-y28.1%
- Consolidated EBITDA, Q2 FY27₹223.3 cr.
- Consolidated EBITDA growth, y-o-y32.7%
- Consolidated Profit After Taxes, Q2 FY27₹110.7 cr.
- Consolidated Profit After Taxes growth, y-o-y37.1%
- Consolidated Revenue, H1 FY27₹9,419.6 cr.
- Open market buyback completedINR 106 cr.
Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.