RattanIndia Enterprises (534597) Q2 26/27 earnings summary

Executive summary

• Q2 FY27 consolidated revenue was Rs 20,616.65 million and net loss was Rs 240.29 million; the prior-year quarter’s larger loss included a Rs 4,575.03 million unrealised RPL fair value loss.

• H1 FY27 consolidated revenue was Rs 39,321.41 million; total income was ₹3,935 Cr and EBITDA was ₹52 Cr.

• Cocoblu remained the largest operating business, while its Middle East launch, Revolt’s RVX launch and NeoSky’s Indian Army drone orders advanced.

Financial highlights

• Consolidated Q2 revenue was Rs 20,616.65 million versus Rs 21,239.18 million YoY; H1 revenue was Rs 39,321.41 million versus Rs 38,212.09 million.

• Q2 loss before tax was Rs 223.46 million and net loss Rs 240.29 million; H1 profit before tax was Rs 57.53 million and net loss Rs 92.94 million, versus profit of Rs 1,057.63 million a year earlier.

• H1 FY27 consolidated total income was ₹3,935 Cr and EBITDA was ₹52 Cr.

• Cocoblu H1 total income was ₹3,786 Cr versus ₹3,743 Cr in H1 FY26; Q2 revenue was ₹1,974 Cr versus ₹1,806 Cr in Q1 FY27.

• Standalone Q2 revenue was Rs 53.43 million and net loss Rs 193.01 million; H1 revenue was Rs 110.90 million and net loss Rs 654.23 million.

Segment performance

• Q2 retail e-commerce segment income was Rs 20,042.53 million, with a Rs 42.58 million segment result; EV income was Rs 473.40 million, with an Rs 86.59 million segment loss.

• Cocoblu served ~6.8 Cr orders in H1 FY27 and ~51 Cr lifetime orders; operations cover 20,000+ pin codes, 1,550+ active vendors and ~10.5m unique SKUs.

• Revolt’s network reached 203 active stores across 181 cities and 20 states/UTs; RVX offers 160 km IDC range and an 8-year/80,000 km battery warranty.

• NeoSky supplied 45 ISR drones to the Indian Army and received a follow-up order for 22 more; its Android Ground Control Station is designed for MHA compliance.

• RattanIndia Power reported H1 FY27 income of ₹1,654 Cr and PAT of ₹84 Cr; Amravati achieved 85% PLF and 91% availability.