Pearl Global Profit Jumps 74.7% to 125.76 Crore Rupees in Second Quarter
Key Facts
Pearl Global’s consolidated net profit rose 74.7% year on year to 125.76 crore rupees in the quarter ended September 30, 2026, compared with 71.97 crore rupees in the corresponding period a year earlier, according to the Free Press Journal. Revenue from operations increased 37.2% to 1,801.53 crore rupees from 1,312.93 crore rupees. The results also show growth in revenue and profit compared with the previous quarter, alongside the company’s announcement of an interim cash dividend for shareholders. Management said the expansion covered the company’s facilities and that programmes for new customers contributed to revenue growth. It also cited positive customer interest following the signing of the India-UK free trade agreement.
Consolidated total income was 1,811.38 crore rupees for the quarter, compared with 1,321.08 crore rupees a year earlier. Total expenses rose 34.9% to 1,674.78 crore rupees, while profit before tax climbed 69.8% to 134.77 crore rupees from 79.37 crore rupees. Consolidated revenue increased 17.9% from the June quarter, when it was 1,528.26 crore rupees. Net profit also rose 26.7% from 99.23 crore rupees in the previous quarter. For the six months ended September 2026, consolidated revenue rose 31.1% to 3,329.79 crore rupees from 2,540.85 crore rupees, and net profit grew 63.6% to 224.99 crore rupees.
The company said it shipped 43.6 million pieces in the first half of fiscal 2026-27, compared with 37.1 million pieces in the corresponding period of the previous fiscal year. It said revenue growth came partly from business expansion across its facilities and continued growth in programmes for recently acquired customers. “Several programmes for recently acquired customers continued to expand during the period and contributed to revenue growth,” it said in its statement. Management cited positive customer interest after the signing of the India-UK free trade agreement. At the same time, the managing director said the company remained mindful of external uncertainty, including geopolitical developments.
The board declared an interim dividend of 5.0 rupees per equity share for fiscal 2026-27. The dividend represents 100% of the share’s face value and amounts to a payout ratio of 20.6% of the group’s net profit. The company set November 13, 2026, as the record date for determining eligible shareholders. It said the dividend would be paid within 30 days of its declaration. The decision comes alongside an increase in consolidated net profit for the first half to 224.99 crore rupees, according to the published results.
On operational expansion, Pearl Global opened a new manufacturing facility in Bangladesh. The company said the facility would add about 7 million pieces a year at optimal utilisation. It also plans to invest about 675–725 crore rupees between fiscal 2026-27 and fiscal 2029-30. The vice chairman set an ambitious revenue target of 9,000 to 10,000 crore rupees by fiscal 2029-30. The company’s net worth was 1,634 crore rupees on September 30, 2026, compared with 1,438 crore rupees on March 31, 2026.
Cash and bank balances stood at 534 crore rupees on September 30, 2026, excluding cash earmarked for letters of credit payments, the company disclosed. It added that it had investments worth 104 crore rupees in mutual funds, taking total cash, bank balances and mutual fund investments to 638 crore rupees. These figures provide a picture of the reported cash resources alongside investment plans for fiscal 2026-27 to 2029-30. The plans include capital expenditure of up to 725 crore rupees, according to the vice chairman. The new facility in Bangladesh is targeting additional annual capacity of about 7 million pieces at optimal utilisation.