Bharat Seats reported a 53.5 percent year-on-year increase in net profit to Rs 15.20 crore for Q2 FY27, supported by strong revenue growth across its automotive component segments.
Revenue from operations for Q2 FY27 expanded 54 percent year on year to Rs 709.22 crore compared to Rs 458.60 crore in the corresponding period of the previous financial year.
Total expenditure for the quarter rose at a similar rate to revenue, increasing 54 percent to Rs 689.46 crore from Rs 448.01 crore in Q2 FY26. Cost of raw materials and components consumed expanded 62.15 percent to Rs 618.06 crore compared to Rs 381.17 crore in the prior-year period. Profit before tax for the quarter grew 55 percent to Rs 20.62 crore.
For H1 FY27, operational revenue stood at Rs 1,287.05 crore, up 45 percent from Rs 885.67 crore in H1 FY26. Net profit for the six-month period expanded 49 percent to Rs 28.42 crore compared to Rs 19.08 crore.
Separately, the board of directors approved an investment of Rs 99 lakh in one or more tranches to acquire a 26 percent equity stake in a proposed Special Purpose Vehicle to source captive solar power for its manufacturing facilities in Haryana. The transaction is expected to be completed in the first quarter of FY28.