Swaraj Engines reports Rs 60.57 cr standalone Q2FY27 profit
Operating earnings drove the quarter, while other income remained a small part of profit before tax.
Filed 12 Oct 2026, 16:03 IST · after market close · Swaraj Engines Ltd (SWARAJENG)
Key takeaways
- Swaraj Engines reported standalone Q2FY27 net profit of Rs 60.57 cr and EPS of Rs 49.86.
- Operating margin was 13.61%, with operating profit of Rs 86.45 cr on revenue of Rs 635.19 cr.
- Other income was Rs 1.58 cr against profit before tax of Rs 81.38 cr, limiting the role of non-operating income in reported profit.
Price around the results
Standalone earnings were led by operating profit
Swaraj Engines converted Rs 635.19 cr of revenue into Rs 86.45 cr of operating profit in Q2FY27. The Rs 548.74 cr expense base and Rs 60.57 cr net profit show that the reported earnings were primarily generated by the operating business rather than other income.
Other income did not drive profit quality
Other income of Rs 1.58 cr was small relative to profit before tax of Rs 81.38 cr, so the quarter did not rely materially on non-operating gains. Net profit followed a reported tax rate of 25.57%, while interest expense was Rs 0.1 cr.
No market reaction was available after the filing
The standalone results were filed after market close on 12 October 2026. There is therefore no post-result stock move to place against Swaraj Engines' past results reaction history.
Q2FY27 at a glance
Standalone figures as filed with NSE — filed ahead of third-party databases, not yet independently cross-checked.
| Line item | Q2FY27 |
|---|---|
| Revenue | ₹635 cr |
| Other income | ₹2 cr |
| Expenses | ₹549 cr |
| Operating profit | ₹86 cr |
| Operating margin (%) | 13.61% |
| Interest | ₹0 cr |
| Depreciation | ₹7 cr |
| Profit before tax | ₹81 cr |
| Tax | ₹21 cr |
| Net profit | ₹61 cr |
| EPS (₹) | ₹49.86 |
What to watch
- Whether operating margin remains around 13.61% in the next reported quarter.
- Whether operating profit continues to exceed Rs 86.45 cr.
- Whether other income remains limited relative to profit before tax of Rs 81.38 cr.