AIA Engineering Q2 FY27 Results: Consolidated Net Profit ₹249 Crore on Total Income of ₹1,184 Crore
- Earnings
- industrial manufacturing
Reviewed byRachit TripathiBlacklitt Research
AIA Engineering (NSE: AIAENG) reported consolidated total income of ₹1,184.47 crore and net profit of ₹249.43 crore for the quarter ended 30 Sep 2026, it said in a filing on 03 Nov 2026. Standalone total income was ₹1,115.33 crore and standalone profit for the period was ₹265.01 crore.
Key highlights
Consolidated
Including its subsidiaries
- Total income: ₹1,184.47 crore, up 3.3% YoY and down 7.4% QoQ
- Net profit and EPS: Net profit ₹249.43 crore, down 10.1% YoY; basic EPS ₹26.76
- Other income: ₹71.70 crore, down 27.1% YoY and 35.1% QoQ
- Finance costs: ₹1.61 crore, against ₹7.70 crore a year earlier
Standalone
The company on its own, without its subsidiaries
- Total income: ₹1,115.33 crore, up 5.3% YoY and 12.0% QoQ
- Net profit and EPS: Profit for the period ₹265.01 crore, down 4.4% YoY; basic EPS ₹28.40
- Other income: ₹82.84 crore, down 16.9% YoY
- Finance costs: ₹1.60 crore, against ₹7.70 crore a year earlier
Summary
| Particulars | Q2 FY27 | Q2 FY26 | YoY | Q1 FY27 | QoQ |
|---|---|---|---|---|---|
| 1,184.47 | 1,146.10 | +3.3% | 1,278.54 | -7.4% | |
| Revenue from operations | 1,112.77 | 1,047.76 | +6.2% | 1,168.02 | -4.7% |
| Other income | 71.70 | 98.34 | -27.1% | 110.51 | -35.1% |
| 249.43 | 277.48 | -10.1% | 300.99 | -17.1% | |
| Profit before tax | 329.51 | 359.96 | -8.5% | 395.05 | -16.6% |
| Finance costs | 1.61 | 7.70 | -79.1% | 0.45 | +253.4% |
| Depreciation | 30.54 | 27.95 | +9.2% | 29.06 | +5.1% |
| Tax expense | 80.07 | 82.49 | -2.9% | 94.05 | -14.9% |
| Net profit margin | 21.06% | 24.21% | -3.15 pp | 23.54% | -2.48 pp |
| EPS, basic (₹) | 26.76 | 29.73 | -10.0% | 32.27 | -17.1% |
Figures are in ₹ crore; YoY compares with Q2 FY26 and QoQ with Q1 FY27. Click Total income or Net profit to see the rows behind them.
Consolidated revenue from operations rose 6.2% YoY to ₹1,112.77 crore, while other income fell 27.1% to ₹71.70 crore.
Net profit fell 10.1% YoY, more than profit before tax (down 8.5%). Tax expense of ₹80.07 crore is 24.3% of profit before tax of ₹329.51 crore. The consolidated statement carries no exceptional item for the quarter; the ₹3.28 crore exceptional item relates to the year ended 31 Mar 2026 and is closure compensation for employees of Welcast Steels Limited.
| Particulars | Q2 FY27 | Q2 FY26 | YoY | Q1 FY27 | QoQ |
|---|---|---|---|---|---|
| 1,115.33 | 1,059.51 | +5.3% | 995.49 | +12.0% | |
| Revenue from operations | 1,032.49 | 959.79 | +7.6% | 890.14 | +16.0% |
| Other income | 82.84 | 99.72 | -16.9% | 105.34 | -21.4% |
| 265.01 | 277.21 | -4.4% | 252.91 | +4.8% | |
| Profit before tax | 349.71 | 365.42 | -4.3% | 337.36 | +3.7% |
| Finance costs | 1.60 | 7.70 | -79.2% | 0.45 | +256.2% |
| Depreciation | 29.84 | 27.33 | +9.2% | 28.34 | +5.3% |
| Tax expense | 84.70 | 88.22 | -4.0% | 84.45 | +0.3% |
| Net profit margin | 23.76% | 26.16% | -2.40 pp | 25.41% | -1.64 pp |
| EPS, basic (₹) | 28.40 | 29.70 | -4.4% | 27.10 | +4.8% |
Figures are in ₹ crore; YoY compares with Q2 FY26 and QoQ with Q1 FY27. Click Total income or Net profit to see the rows behind them.
Standalone revenue from operations rose 7.6% YoY to ₹1,032.49 crore, and total income rose 5.3%.
Standalone finance costs were ₹1.60 crore against ₹7.70 crore a year earlier, and are 0.1% of total income. Standalone tax expense of ₹84.70 crore is 24.2% of profit before tax of ₹349.71 crore.
Consolidated net profit of ₹249.43 crore is ₹15.58 crore lower than standalone net profit of ₹265.01 crore, while consolidated total income is ₹69.14 crore higher than standalone. The consolidated figures include the subsidiaries and the Vega MPS Pty. Ltd. joint venture listed in the filing.
The statutory auditors, B S R & Co. LLP, expressed an unmodified conclusion on both sets of results. One consolidated subsidiary was reviewed by another auditor, and seven subsidiaries and one joint venture were not reviewed; the company's management says these are not material to the Group.
Inference
The company says the Nagpur closure does not affect production, business operations or profitability.
Dividends paid, net of TDS, were ₹136.15 crore in the half year ended 30 Sep 2026, and standalone current borrowings were ₹97.33 crore as at 30 Sep 2026, against nil at 31 Mar 2026. The filing does not say whether a dividend has been declared for the quarter, nor the outcome of the labour disputes at Welcast Steels.
Filed with BSE on . Reference: Original filing (PDF)
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