Uniparts India reported a 38.2 percent year-on-year increase in consolidated net profit to Rs 54.43 crore for Q2 FY27, compared to Rs 39.39 crore in the corresponding period of the previous financial year.
Sequentially, consolidated net profit declined 3.9 percent from Rs 56.61 crore recorded in Q1 FY27, as operational expenses outpaced revenue growth during the quarter.
Consolidated total income for the quarter rose 35.7 percent year-on-year to Rs 383.71 crore from Rs 282.73 crore in Q2 FY26, and expanded 8 percent sequentially against Rs 355.19 crore in Q1 FY27. Revenue from operations contributed Rs 378.51 crore to the total income during the period.
Total consolidated expenses for the quarter increased 33.9 percent year-on-year to Rs 310.84 crore compared to Rs 232.22 crore in the same period last year, and grew 10.8 percent sequentially from Rs 280.64 crore. Material costs stood at Rs 142.38 crore.
On a standalone basis, the manufacturer recorded a 30.1 percent year-on-year increase in net profit to Rs 61.60 crore for Q2 FY27, up from Rs 47.34 crore in the year-ago quarter.
On a sequential basis, standalone net profit surged 167.8 percent over Rs 23.00 crore recorded in Q1 FY27. Standalone total income expanded 20.8 percent year-on-year to Rs 258.38 crore from Rs 213.89 crore, while climbing 29.20 percent sequentially against Rs 199.99 crore.
Standalone total expenses grew 17 percent year-on-year to Rs 188.55 crore compared to Rs 161.17 crore in Q2 FY26, and rose 11.3 percent sequentially from Rs 169.48 crore.
In the notes accompanying the consolidated financial statements, the company disclosed that its wholly owned subsidiaries, Uniparts USA and step-down subsidiary Uniparts Olsen received a refund of import tariffs from US Customs and Border Protection during the quarter. The tariffs were previously paid on goods imported into the United States under the International Emergency Economic Powers Act and charged to profit and loss. The recognition of the tariff refund increased profit before tax for the quarter by net Rs 1.29 crore.