Alankit Q2 profit rises 38.91%, but other income drives much of the gain
Revenue growth slightly outpaced expenses, while the 8.49% operating margin remained below the 13.52% median for 32 reporting Services peers.
Filed 02 Nov 2026, 17:37 IST · after market close · Alankit Ltd (ALANKIT)
Key takeaways
- Consolidated net profit rose 38.91% quarter on quarter to Rs 7.39 cr, helped by a lower tax rate and higher other income.
- Revenue grew 20.19% qoq while expenses rose 19.77%, lifting operating margin by 0.32 percentage points to 8.49%.
- Other income contributed 64.38% of profit before tax, while Alankit's operating margin was 5.03 percentage points below the Services peer median.
Price around the results
Revenue growth outpaced expenses in Q2FY27
Alankit's consolidated revenue rose 20.19% qoq to Rs 93.34 cr, while expenses increased 19.77% to Rs 85.42 cr. The small difference in growth rates lifted operating profit 24.88% to Rs 7.93 cr and widened operating margin by 0.32 percentage points. Results were filed after market close.
Other income supported profit as interest costs surged
The tax rate fell 5.63 percentage points to 25.44%, helping net profit grow 38.91% qoq, faster than profit before tax growth of 28.53%. Other income was 64.38% of profit before tax, making earnings quality a key consideration for this quarter. Interest expense rose 200.00% qoq, while depreciation increased 28.70%, partly offsetting the operating profit improvement.
Margin remains below the Services peer median
Alankit's 8.49% operating margin was 5.03 percentage points below the 13.52% median among 32 Services companies that had reported the same quarter. The available trend shows a 0.32 percentage-point improvement from Q1FY27's 8.17%, but does not establish a longer multi-quarter direction.
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 | ₹93 cr | ₹78 cr | +20.19% |
| Other income | ₹6 cr | ₹4 cr | +57.14% |
| Expenses | ₹85 cr | ₹71 cr | +19.77% |
| Operating profit | ₹8 cr | ₹6 cr | +24.88% |
| Operating margin (%) | 8.49% | 8.17% | — |
| Interest | ₹2 cr | ₹1 cr | +200.00% |
| Depreciation | ₹3 cr | ₹2 cr | +28.70% |
| Profit before tax | ₹10 cr | ₹8 cr | +28.53% |
| Tax | ₹3 cr | ₹2 cr | +5.00% |
| Net profit | ₹7 cr | ₹5 cr | +38.91% |
| EPS (₹) | ₹0.27 | ₹0.19 | +42.11% |
Operating margin of 8.49% compares with a Services sector median of 13.52% across 32 peers that have reported Q2FY27.
What to watch
- Whether operating margin holds above 8.49% after the 0.32 percentage-point qoq improvement.
- Whether other income's contribution to profit before tax falls from 64.38%.
- Whether interest expense reverses any part of its 200.00% qoq increase.