Revenue jumped +150.45% QoQ as operating margin rose 0.81 points
Expenses grew +148.12%, just below revenue growth, while lower tax and other income supported the sharp rise in net profit.
Filed 05 Nov 2026, 16:34 IST · after market close · TIRUPATIFL (TIRUPATIFL)
Key takeaways
- Standalone revenue rose +150.45% QoQ to Rs 95.42 cr, while operating margin expanded by 0.81 percentage points.
- Net profit increased +337.70% QoQ to Rs 5.34 cr, helped by a 1.92 percentage-point fall in the tax rate.
- Other income contributed 16.36% of pre-tax profit, making earnings quality an important watchpoint.
Revenue growth outpaced expenses in Q2FY27
Standalone revenue increased +150.45% QoQ, while expenses rose +148.12%, allowing operating profit to grow faster than sales. The result marks a sharp sequential acceleration from Q1FY27, when revenue was Rs 38.10 cr.
Margin improved, but profit had non-operating support
Operating margin expanded by 0.81 percentage points to 12.29% because expenses grew slightly slower than revenue. Interest expense increased +52.63%, while the tax rate fell by 1.92 percentage points, which supported net profit. Other income accounted for 16.36% of pre-tax profit, so the earnings increase was not entirely operational.
Sequential direction turned positive; results came after close
The margin moved up from 11.48% in Q1FY27 to 12.29% in Q2FY27, indicating an improvement across the two quarters available in the trend. The company filed these standalone results after market close, so there is no market reaction to assess yet.
Q2FY27 at a glance
Standalone figures as filed with NSE — filed ahead of third-party databases, not yet independently cross-checked.
| Line item | Q2FY27 | Q1FY27 | QoQ |
|---|---|---|---|
| Revenue | ₹95 cr | ₹38 cr | +150.45% |
| Other income | ₹1 cr | ₹0 cr | +251.52% |
| Expenses | ₹84 cr | ₹34 cr | +148.12% |
| Operating profit | ₹12 cr | ₹4 cr | +168.42% |
| Operating margin (%) | 12.29% | 11.48% | — |
| Interest | ₹1 cr | ₹1 cr | +52.63% |
| Depreciation | ₹4 cr | ₹2 cr | +108.13% |
| Profit before tax | ₹7 cr | ₹2 cr | +327.11% |
| Tax | ₹2 cr | ₹0 cr | +297.73% |
| Net profit | ₹5 cr | ₹1 cr | +337.70% |
| EPS (₹) | ₹0.82 | ₹0.20 | +310.00% |
What to watch
- Whether standalone revenue remains above Rs 95.42 cr next quarter.
- Whether operating margin holds above 12.29%.
- Whether other income stays below its 16.36% share of pre-tax profit.