DIFFNKGDiffusion Engineers Ltd.
Diffusion Engineers Q2 FY27 Results: Consolidated Net Profit ₹12.75 Crore on Total Income of ₹128 Crore
- Earnings
- welding and engineering
Reviewed byKeshav SehgalBlacklitt Research
Diffusion Engineers (NSE: DIFFNKG) reported consolidated total income of ₹127.81 crore and consolidated net profit of ₹12.75 crore for the quarter ended 30 Sep 2026, and standalone total income of ₹114.58 crore and standalone net profit of ₹15.24 crore, it said in a filing on 04 Nov 2026.
Key highlights
Consolidated
Including its subsidiaries
- Total income: ₹127.81 crore, up 47.6% YoY and 11.9% QoQ
- Net profit: ₹12.75 crore, up 25.5% YoY and down 23.5% QoQ
- EPS: ₹3.39 basic, against ₹2.69 a year earlier
- Other income: ₹1.87 crore, down 38.3% YoY
Standalone
The company on its own, without its subsidiaries
- Total income: ₹114.58 crore, up 38.3% YoY and 15.5% QoQ
- Net profit: ₹15.24 crore, up 53.7% YoY and 52.7% QoQ
- EPS: ₹4.07 basic, against ₹2.65 a year earlier
- Other income: ₹6.50 crore, up 123.0% YoY
Summary
| Particulars | Q2 FY27 | Q2 FY26 | YoY | Q1 FY27 | QoQ |
|---|---|---|---|---|---|
| 127.81 | 86.60 | +47.6% | 114.21 | +11.9% | |
| Revenue from operations | 125.93 | 83.57 | +50.7% | 110.11 | +14.4% |
| Other income | 1.87 | 3.04 | -38.3% | 4.10 | -54.3% |
| 12.75 | 10.17 | +25.5% | 16.68 | -23.5% | |
| Profit before tax | 15.22 | 12.65 | +20.3% | 20.14 | -24.4% |
| Finance costs | 0.83 | 0.53 | +57.5% | 0.70 | +19.8% |
| Depreciation | 1.85 | 1.63 | +13.6% | 1.88 | -1.4% |
| Tax expense | 2.47 | 2.49 | -0.8% | 3.46 | -28.7% |
| Net profit margin | 9.98% | 11.74% | -1.76 pp | 14.60% | -4.62 pp |
| EPS, basic (₹) | 3.39 | 2.69 | +26.0% | 4.47 | -24.2% |
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.
The company has one reportable segment, Welding Fabrication Technology and Engineering, covering manufacturing, trading and job work. The company received a dividend of USD 5,00,000 from its wholly owned subsidiary Diffusion Engineers Singapore Pte. Ltd. in the quarter, which is eliminated on consolidation. The company's market value is ₹1,503 crore at the 03 Nov 2026 close, and its latest reported quarter, Q1 FY27, had consolidated net profit of ₹16.68 crore.
| Particulars | Q2 FY27 | Q2 FY26 | YoY | Q1 FY27 | QoQ |
|---|---|---|---|---|---|
| 114.58 | 82.88 | +38.3% | 99.19 | +15.5% | |
| Revenue from operations | 108.08 | 79.96 | +35.2% | 95.91 | +12.7% |
| Other income | 6.50 | 2.91 | +123.0% | 3.28 | +98.4% |
| 15.24 | 9.91 | +53.7% | 9.98 | +52.7% | |
| Profit before tax | 16.73 | 12.20 | +37.1% | 13.12 | +27.6% |
| Finance costs | 0.75 | 0.47 | +60.3% | 0.67 | +12.9% |
| Depreciation | 1.62 | 1.43 | +13.7% | 1.65 | -1.5% |
| Tax expense | 1.50 | 2.29 | -34.6% | 3.14 | -52.3% |
| Net profit margin | 13.30% | 11.96% | +1.34 pp | 10.06% | +3.24 pp |
| EPS, basic (₹) | 4.07 | 2.65 | +53.6% | 2.68 | +51.9% |
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 net profit rose faster than income. Net profit grew 53.7% to ₹15.24 crore, against total income growth of 38.3%, and profit before tax rose 37.1% to ₹16.73 crore. Tax expense fell 34.6% to ₹1.50 crore, which is 8.9% of profit before tax, so the lower tax charge sits alongside the higher profit.
Other income of ₹6.50 crore, up 123.0% on the year, is 38.8% of profit before tax and accounts for a larger share of income than in the year-earlier quarter. Revenue from operations rose 35.2% to ₹108.08 crore. Consolidated net profit of ₹12.75 crore was ₹2.49 crore below the standalone figure this quarter.
Inference
The auditors issued unmodified review reports on both sets of results, and the figures for the quarter are the balancing figures between the half-year and the first quarter. The filing does not state a dividend for the quarter, and it does not say what effect the New Labour Codes will have on future employee costs.
On 26 Oct 2026 the company filed notices of the resignation of its Company Secretary and Compliance Officer, Chanchal Jaiswal. The filing names Roopali Dhore as her successor from 01 Dec 2026, and the reason for the resignation is not stated in the filing text read.
Filed with BSE on . Reference: Original filing (PDF)
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