Adroit Industries grew revenue, but costs cut 2.91 points from margin
Consolidated net profit rose 14.15% QoQ as the tax rate fell, while other income supplied 10.57% of pre-tax profit.
Filed 28 Oct 2026, 17:06 IST · after market close · ADROITIND (ADROITIND)
Key takeaways
- Consolidated revenue grew 25.10% QoQ, but expenses grew 30.39%, pulling operating margin down 2.91 percentage points.
- Net profit rose 14.15% QoQ even as operating margin narrowed, helped by the tax rate falling 2.11 percentage points.
- Other income contributed 10.57% of pre-tax profit, making a material part of Q2 profit non-operating.
Revenue growth came with faster cost growth
Adroit Industries’ consolidated revenue increased 25.10% QoQ, while expenses rose faster at 30.39%. That gap limited operating-profit growth to 13.36% and reduced operating margin by 2.91 percentage points to 28.02%.
Lower tax rate supported profit growth
Net profit increased 14.15% QoQ despite the margin contraction. The tax rate fell 2.11 percentage points to 19.34%, while interest expense rose 15.97%, partly offsetting the operating improvement. Other income accounted for 10.57% of pre-tax profit, so reported profit also included a meaningful non-operating contribution.
Q2 was filed after market close
The consolidated results were filed on 28 October 2026 at 17:06 IST, after market close, so there is no reported market reaction yet. Compared with Q1FY27, revenue momentum improved, but the lower operating margin and 11.16% decline in EPS show that higher sales did not translate proportionately into per-share earnings.
Q2FY27 at a glance
Consolidated figures as filed with NSE — filed ahead of third-party databases, not yet independently cross-checked.
| Line item | Q2FY27 | Q1FY27 | QoQ |
|---|---|---|---|
| Revenue | ₹43 cr | ₹34 cr | +25.10% |
| Other income | ₹1 cr | ₹1 cr | -13.18% |
| Expenses | ₹31 cr | ₹24 cr | +30.39% |
| Operating profit | ₹12 cr | ₹11 cr | +13.36% |
| Operating margin (%) | 28.02% | 30.93% | — |
| Interest | ₹1 cr | ₹1 cr | +15.97% |
| Depreciation | ₹1 cr | ₹1 cr | -1.79% |
| Profit before tax | ₹11 cr | ₹10 cr | +11.23% |
| Tax | ₹2 cr | ₹2 cr | +0.49% |
| Net profit | ₹9 cr | ₹7 cr | +14.15% |
| EPS (₹) | ₹1.91 | ₹2.15 | -11.16% |
What to watch
- Whether operating margin recovers from 28.02% after the 2.91-percentage-point QoQ decline.
- Whether expense growth moderates from 30.39% and moves closer to revenue growth of 25.10%.
- Whether other income remains near its 10.57% share of pre-tax profit.