Divgi Torq Transfer Systems reported a 146.5 percent year-on-year surge in standalone net profit to Rs 26.49 crore for Q2 FY27, up from Rs 10.75 crore in the corresponding period of the previous financial year.
On a sequential basis, standalone net profit rose 5 percent compared to Rs 25.24 crore recorded in Q1 FY27. The growth in earnings was driven by sustained volume expansion in torque transfer systems and transmission component supplies, which outpaced the rise in total operating costs.
Standalone revenue from operations for Q2 FY27 expanded 72.5 percent year-on-year to Rs 143.09 crore against Rs 82.97 crore in Q2 FY26, and grew 4.3 percent sequentially over Rs 137.14 crore in Q1 FY27.
Total standalone expenses for the quarter increased 53.9 percent year-on-year to Rs 113.22 crore compared to Rs 73.59 crore in the year-ago quarter, and rose 4.8 percent sequentially from Rs 108.01 crore in Q1 FY27. The higher outlay was primarily driven by raw material costs, which grew 69.5 percent year-on-year to Rs 59.81 crore from Rs 35.29 crore.
Consolidated revenue from operations stood at Rs 143.09 crore, with total expenses reaching Rs 113.31 crore and net profit after tax reported at Rs 26.40 crore.
This quarter marked the company's first consolidated financial disclosure following the incorporation of its wholly owned US subsidiary, Divgi Transmission Technologies and Systems Inc., on June 4, 2026. Auditors noted that the newly formed foreign subsidiary contributed total assets of Rs 2.78 crore as of September 30, 2026.