Oswal Pumps’ consolidated net profit falls 60.9% to 38.16 crore rupees
Key Facts
Oswal Pumps reported results for the second quarter of fiscal 2027, for the period ended September 30, 2026. The company approved the results on November 12, according to its disclosure filings. Consolidated net profit was 38.16 crore rupees, compared with 97.50 crore in the corresponding period of the previous fiscal year, a year-on-year decline of 60.9%. Revenue from operations fell 6.2% to 506.30 crore rupees from 539.64 crore. The figures show a sharper decline in profitability than in revenue, with operating profit falling and its margin contracting during the quarter. The company’s investor call was scheduled for November 13 at 2:30 p.m. India time to discuss the results.
Earnings before interest, taxes, depreciation and amortization were 57.38 crore rupees, compared with 128 crore in the second quarter of fiscal 2026, a year-on-year decline of 55.17%. The margin on these earnings narrowed to 11.33% from 23.72%, a difference of 1,239 basis points. The contraction reflects broader pressure on profitability than the 6.2% year-on-year decline in revenue. The comparison between revenue and operating earnings places the lower net profit in a quarter in which operating indicators also declined. The available disclosure did not attribute the results to a specific cause.
On a quarterly basis, revenue from operations rose 6.9% from the first quarter of fiscal 2027, while net profit fell 29.5%. In the first quarter, the company recorded consolidated revenue of 473.56 crore rupees and net profit of 54.14 crore. Revenue therefore increased in the second quarter, but net profit fell from its level in the previous quarter. The quarterly comparison shows revenue and profit following different paths during the period, alongside the year-on-year declines in revenue and net profit. The quarterly increase in revenue does not change the fact that it was lower than in the corresponding quarter a year earlier.
Basic earnings per share were 3.34 rupees in the second quarter of fiscal 2027, compared with 8.43 rupees in the corresponding period, a year-on-year decline of 60.4%. The fall came alongside a 60.9% decline in consolidated net profit to 38.16 crore rupees. The comparative-period figures show a decline in basic earnings per share as well as lower profit. Oswal Pumps manufactures solar water pumps, submersible pumps, monoblock pumps, motors and control panels, according to its official investor relations page. The page says its products are approved under India’s PM-KUSUM program.
The company’s shares closed at 238.98 rupees on November 12, down 0.15% during the session, according to published market data. The investor call scheduled for November 13 at 2:30 p.m. India time was set to discuss the second-quarter results. The company publishes its quarterly and annual results through its investor relations section, according to its official website. The page accessed did not show a second-quarter results filing or a numerical quote from it.