Gabriel India reported a 15.79 percent year-on-year increase in consolidated net profit for Q2 FY27, reaching Rs 123.96 crore compared to Rs 107.05 crore in the corresponding period of the previous financial year.
Profit attributable to the shareholders of the company stood at Rs 123.10 crore against Rs 106.71 crore in Q2 FY26. On a sequential basis, consolidated net profit expanded 15 percent from Rs 108.13 crore recorded in Q1 FY27.
Consolidated revenue from operations for the quarter grew 22.63 percent year-on-year to Rs 1,607.96 crore from Rs 1,311.23 crore in Q2 FY26. Sequentially, operational revenue rose 13 percent compared to Rs 1,425.68 crore in Q1 FY27.
For H1 FY27, consolidated operational revenue stood at Rs 3,033.64 crore, up 19 percent compared to Rs 2,543.68 crore in H1 FY26.
Consolidated total expenses for Q2 FY27 increased by nearly 25 percent year-on-year to Rs 1,514.72 crore compared to Rs 1,214.71 crore in Q2 FY26. The rise in total expenses was driven primarily by raw material costs, with cost of materials consumed rising 26.5 percent to Rs 1,204.37 crore from Rs 952.14 crore in the year-ago period, while finance costs increased to Rs 14.73 crore from Rs 6.20 crore in Q2 FY26.
On a standalone basis, Gabriel India recorded an 12 percent increase in net profit for Q2 FY27 to Rs 68.39 crore compared to Rs 61.26 crore in Q2 FY26. Standalone operational revenue for the quarter grew 23 percent to Rs 1,399.18 crore against Rs 1,140.27 crore in the year-ago quarter, while standalone expenses rose 24 percent to Rs 1,319.03 crore.
Notes accompanying the filing also detailed strategic investments during the quarter, including the acquisition of a 28.99 percent stake in HL Mando Anand India for Rs 2,231 crore, and a 29.99 percent stake in HL Klemove India for USD 98.44 million on August 25, 2026. To finance acquisitions and working capital, the company raised Rs 1,000 crore during the quarter via 8.15 percent unsecured listed non-convertible debentures allotted on September 10, 2026.