Omax Autos reported a sharp increase in standalone net profit for Q2 FY27, recording Rs 11.70 crore compared to Rs 0.33 crore (Rs 33.45 lakh) in the corresponding period of the previous financial year. The multi-fold growth in net profit was driven by a substantial expansion in operational scale and improved operating margins.
Revenue from operations for the quarter grew 87 percent year-on-year to Rs 164.94 crore from Rs 88.28 crore in Q2 FY26. Total income reached Rs 173.87 crore.
Total expenses for Q2 FY27 expanded by 71 percent year-on-year to Rs 157.14 crore compared with Rs 91.69 crore in the prior-year period. Cost of materials consumed rose to Rs 134.52 crore against Rs 70.51 crore in Q2 FY26.
Profit before tax for the quarter reached Rs 16.73 crore against Rs 3.93 crore in Q2 FY26. Total tax expense for the second quarter stood at Rs 5.03 crore, comprising current tax of Rs 5.46 crore and a deferred tax credit of Rs 42.12 lakh.
For H1 FY27, Omax Autos recorded a net profit of Rs 22.30 crore, nearly tripling from the Rs 7.48 crore in H1 FY26. Standalone operational revenue for H1 FY27 rose 53 percent to Rs 286.93 crore from Rs 187.92 crore in the prior-year period. Total expenses for the six-month period scaled to Rs 273.40 crore compared to Rs 191.64 crore in H1 FY26.