Banco Products (500039) Q2 26/27 earnings summary

Executive summary

• Q2 FY26/27 consolidated revenue from operations was Rs 125,621 lakh, up from Rs 103,136 lakh YoY; net profit was Rs 16,537 lakh versus Rs 13,890 lakh.

• H1 consolidated revenue was Rs 242,962 lakh versus Rs 199,450 lakh, and net profit was Rs 28,775 lakh versus Rs 24,842 lakh.

• Standalone Q2 revenue from operations was Rs 40,706 lakh versus Rs 39,664 lakh YoY; net profit declined to Rs 7,546 lakh from Rs 13,777 lakh.

Financial highlights

• Consolidated Q2 PBT was Rs 22,577 lakh versus Rs 17,470 lakh YoY; H1 PBT was Rs 40,438 lakh versus Rs 33,895 lakh.

• Standalone H1 revenue from operations was Rs 75,186 lakh versus Rs 70,902 lakh; net profit was Rs 11,997 lakh versus Rs 18,567 lakh.

• Consolidated total income in Q2 was Rs 127,028 lakh versus Rs 109,672 lakh YoY.

Segment performance

• Operations are primarily in the automobile ancillary business, reported as one segment.