Sakar Healthcare reported a 149% surge in Q2 net profit to Rs 11.30 crore, driven by a 51.9% increase in revenue from strong global demand. Gujarat Ambuja Exports saw net profit jump 246% to Rs 131.99 crore due to cost efficiencies, despite a 2.4% decline in revenue. Additionally, Garware Hi-Tech recorded a 22% revenue increase to Rs 696 crore and raised its FY27 EBITDA guidance to 27% ±2% following strong first-half performance.
The company recorded consolidated revenue of INR 696 crore in the second quarter and reaffirmed its target of more than INR 2,500 crore in annual revenue for fiscal 2027.
Read the full storyThe operating profit margin widened to 13.60% as materials costs took a smaller share, but profit and revenue fell from the first quarter of FY27.
Operating revenue grew 51.9% year on year, while EBITDA rose 114%; the company attributed the performance to expansion in its oncology business and a range of operational factors.