Himadri Speciality Chemical reported a 31.33 percent year-on-year increase in consolidated net profit to Rs 231 crore for the second quarter ended September 30, 2026, according to an investor release by the company. The company had posted a profit after tax of Rs 176 crore in the corresponding period of the previous fiscal year.
Revenue from operations for Q2 FY27 rose 57.93 percent to Rs 1,691 crore compared to Rs 1,071 crore in Q2 FY26. Earnings before interest, taxes, depreciation, and amortization (EBITDA) increased 27.48 percent to Rs 303 crore from Rs 238 crore in the year-ago quarter.
For the first half of FY27, consolidated revenue from operations grew 43 percent year-on-year to Rs 3,123 crore. Half-yearly EBITDA stood at Rs 616 crore, up 30 percent, while profit after tax grew 29 percent to Rs 460 crore.
"During the quarter, the proposed merger of Birla Tyres business with Himadri marked an important step towards creating an integrated tyre value chain," Anurag Choudhary, Chairman, Managing Director, and CEO of Himadri Speciality Chemical, said. He added, "We strengthened our investment in Sicona Battery Technologies, which has completed 100% acquisition of Advano (USA), strengthening silicon anode IP and adding US pilot plant, R&D and cell-testing capabilities."