Research notes and investing articles filed under Quarterly Results.

5 November 20263 min
Remus: Revenue Soars, Profit Stalls
Remus Pharmaceuticals' Q2 FY27 revenue surged over 53% year-on-year, yet profit growth stalled at just 0.3% sequentially. The gap highlights a margin squeeze from low-margin transactional business and investments in new international subsidiaries.

5 November 20263 min
Excel Industries: Profit Jumps, Sales Stagnate
Excel Industries' Q2 FY27 profit leapt 36.4% year-on-year to ₹28.9 crore, while revenue grew a modest 1.6%. The margin expansion was fueled by flat expenses and a sharp rise in other income, though sales declined sequentially.

5 November 20262 min
Asian Star: Profit Up 24% on Lower Sales
Asian Star Company reported a 23.7% jump in net profit for Q2 FY27 despite a 20.5% drop in revenue. The quarter was defined by disciplined cost-cutting, which sharply lifted margins, as the broader diamond industry stabilises.

5 November 20263 min
One Global: Revenue Halves, Profit Plunges
One Global Service Provider's Q2 FY27 results show a severe contraction, with revenue falling to ₹66.45 crore and profit to ₹8.29 crore. The steep decline follows a period of rapid growth and coincides with the company's ongoing pivot into healthcare.

5 November 20263 min
Godavari Biorefineries: Revenue Jumps, Loss Narrows
Godavari Biorefineries' Q2 FY27 saw revenue surge 27.5% YoY to ₹549.24 crore, while its net loss narrowed by 63.4%. The bio-based chemicals segment was the key driver, turning operating profit positive for the quarter.

5 November 20263 min
Vikram Thermo: Growth Hits a Cost Wall
Vikram Thermo posted strong revenue growth in Q2 FY27, but a sharp rise in total expenses outpaced sales, compressing net profit margins. The quarter highlights the challenge of maintaining profitability amid rising costs.

5 November 20262 min
SPIC: Sales Jump, Profit Falls
SPIC's Q2 FY27 results show a clear split: revenue grew strongly to nearly ₹1,000 crore, but net profit fell over 20%. Rising raw material costs and a sharp jump in tax expense squeezed margins, highlighting the pressure in the fertilizer sector.

5 November 20263 min
Steel Exchange: Profit Soars 735%
Steel Exchange India's Q2 FY27 profit jumped 735% year-on-year to ₹17.6 crore, powered by record production volumes and lower interest costs. Revenue grew 47% to ₹343 crore, but margins softened sequentially as costs rose.

5 November 20263 min
Gujarat Kidney: Standalone Crash, Consolidated Surge
Gujarat Kidney and Super Speciality's Q2 FY27 presents a dual narrative. While consolidated results show explosive growth, the standalone figures reveal a dramatic sequential crash, driven by a shift in business focus and subsidiary contributions.

5 November 20263 min
Garuda: Record Growth, Cash Strain
Garuda Construction's revenue grew 48% year-on-year to ₹172 crore in Q2 FY27, with net profit rising 51%. However, a significant increase in receivables and other current assets turned operating cash flow negative, highlighting a growing working capital strain.

5 November 20263 min
Aeroflex: Revenue Soars, Profit Cools
Aeroflex Enterprises posted strong revenue growth of 45% YoY in Q2 FY27, driven by its liquid cooling business. However, net profit fell 63% sequentially as a one-off gain from a stake sale in the previous quarter did not repeat.

5 November 20263 min
Meghmani: Revenue Jumps, Profit Slips
Meghmani Organics' Q2 FY27 shows a company pulled in two directions. Consolidated revenue rose 16% year-on-year, yet net profit dropped 29% sequentially. The pigment segment surged, but rising costs and a flat agrochemical business squeezed profitability.

5 November 20263 min
Arman Financial: Profit Soars 538% on Lower Costs
Arman Financial Services posted a consolidated net profit of ₹51 crore in Q2 FY27, a 538% surge from a year ago. Revenue grew 48% to ₹235 crore, supported by robust loan growth and improved asset quality.

5 November 20263 min
Diffusion Engineers: Revenue Soars, Profit Dips
Diffusion Engineers' Q2 FY27 revenue surged over 50% year-on-year, driven by strong industrial demand. However, net profit declined 23.6% from the previous quarter as rising costs and a sharp drop in other income pressured profitability.

5 November 20263 min
Vidya Wires: Profit Slips as Costs Climb
Vidya Wires posted robust 52.5% YoY revenue growth in Q2 FY27, but net profit fell 13.3% sequentially. A sharp rise in interest expense and working capital pressure squeezed margins, even as the company ramps up a major capacity expansion.

5 November 20263 min
Saksoft: Profit Up, Revenue Slips
Saksoft reported a 9.3% sequential rise in net profit to ₹32 crore for Q2 FY27, though revenue slipped 3.7% year-on-year. The company's AI-first transformation is pressuring near-term sales but improving the bottom line through lower costs and interest.

5 November 20263 min
Exicom: Revenue Soars, Losses Narrow
Exicom Tele-Systems reported a 38% sequential jump in Q2 FY27 revenue to ₹388 crore, driven by its EV charging segment crossing ₹100 crore in a quarter. While losses narrowed, the company announced a strategic divestment to sharpen its focus on the Indian market.

5 November 20263 min
Kalyani Investment: Profit Soars 78%
Kalyani Investment Company's Q2 FY27 profit jumped 78% year-on-year to ₹33.72 crore. The surge was powered by a rebound in dividend income, pushing the net profit margin to an exceptional 70.4%.

5 November 20263 min
Global Longlife: Zero Revenue, Tiny Profit
Global Longlife Hospital reported a small profit of ₹0.02 crore for Q2 FY27 despite zero operating revenue. The result was supported by other income as the company finalizes its rebranding to Asahi Enterprise and pivots away from healthcare.

5 November 20263 min
Jain Irrigation: Profit Returns, Growth Slows
Jain Irrigation Systems posted a consolidated net profit of ₹18 crore in Q2 FY27, a sharp recovery from the previous quarter's loss. However, revenue growth of 10.1% lagged the company's full-year guidance, pressured by drought and polymer prices.