KCP Q2 FY27 Results: Consolidated Net Profit ₹65.71 Crore on Total Income of ₹912 Crore
- Earnings
- Cement and sugar
Reviewed byKeshav SehgalBlacklitt Research
KCP (NSE: KCP) reported consolidated total income of ₹911.83 crore and net profit of ₹65.71 crore for the quarter ended 30 Sep 2026, it said in a filing on 06 Nov 2026. Standalone results showed a net loss of ₹10.16 crore on total income of ₹441.36 crore for the same quarter.
Key highlights
Consolidated
Including its subsidiaries
- Total income: ₹911.83 crore, up 48.8% YoY and 13.1% QoQ
- Net profit: ₹65.71 crore, up 35.6% YoY and 17.9% QoQ; ₹39.64 crore attributable to owners
- EPS: ₹3.07 basic, up from ₹2.56 a year earlier
- Other income: ₹38.79 crore, up 250.4% YoY
Standalone
The company on its own, without its subsidiaries
- Total income: ₹441.36 crore, up 5.0% YoY and 11.8% QoQ
- Net profit: Loss of ₹10.16 crore, against a profit of ₹36.80 crore a year earlier
- EPS: Loss of ₹0.79 basic
- Other income: ₹3.28 crore, down 91.7% YoY, after a ₹35.02 crore overseas dividend in the year-ago quarter
Summary
| Particulars | Q2 FY27 | Q2 FY26 | YoY | Q1 FY27 | QoQ |
|---|---|---|---|---|---|
| 911.83 | 612.60 | +48.8% | 806.16 | +13.1% | |
| Revenue from operations | 873.04 | 601.53 | +45.1% | 779.34 | +12.0% |
| Other income | 38.79 | 11.07 | +250.4% | 26.82 | +44.6% |
| 65.71 | 48.45 | +35.6% | 55.75 | +17.9% | |
| Profit before tax | 62.28 | 62.36 | -0.1% | 55.91 | +11.4% |
| Finance costs | 12.14 | 10.14 | +19.7% | 9.97 | +21.8% |
| Depreciation | 26.06 | 22.58 | +15.4% | 25.15 | +3.6% |
| Tax expense | -3.43 | 13.90 | n/a | 0.16 | n/a |
| Net profit margin | 7.21% | 7.91% | -0.70 pp | 6.92% | +0.29 pp |
| EPS, basic (₹) | 3.07 | 2.56 | +19.9% | 2.86 | +7.3% |
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.
Net profit grew faster than total income on a quarter-on-quarter basis but slower year on year. Consolidated net profit rose 35.6% YoY against 48.8% growth in total income, while profit before tax was flat at ₹62.28 crore against ₹62.36 crore a year earlier.
Other income is a large part of the change. At ₹38.79 crore it is 62.3% of profit before tax, against ₹11.07 crore a year earlier. Finance costs of ₹12.14 crore are 1.3% of total income, up 19.7% YoY.
The sugar segment reported revenue of ₹434.96 crore this quarter. The notes say the subsidiary's sugar business is seasonal, with the season normally running January to May in Vietnam, so quarterly figures may not be comparable. Consolidated tax expense was a credit of ₹3.43 crore, against a charge of ₹13.90 crore a year earlier.
The notes do not explain the split.
| Particulars | Q2 FY27 | Q2 FY26 | YoY | Q1 FY27 | QoQ |
|---|---|---|---|---|---|
| 441.36 | 420.36 | +5.0% | 394.91 | +11.8% | |
| Revenue from operations | 438.08 | 381.03 | +15.0% | 388.67 | +12.7% |
| Other income | 3.28 | 39.32 | -91.7% | 6.24 | -47.4% |
| -10.16 | 36.80 | n/a | 0.48 | n/a | |
| Profit before tax | -13.59 | 50.71 | n/a | 0.64 | n/a |
| Finance costs | 7.17 | 5.24 | +36.8% | 6.68 | +7.3% |
| Depreciation | 18.30 | 15.31 | +19.5% | 17.43 | +5.0% |
| Tax expense | -3.27 | 13.91 | n/a | 0.16 | n/a |
| Net profit margin | -2.30% | 8.75% | -11.06 pp | 0.12% | -2.42 pp |
| EPS, basic (₹) | -0.79 | 2.85 | n/a | 0.04 | n/a |
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 results moved into a loss. Profit before tax was a loss of ₹13.59 crore, against a profit of ₹50.71 crore a year earlier, while revenue from operations rose 15.0% to ₹438.08 crore.
The year-ago quarter included a ₹35.02 crore dividend from the overseas subsidiary in other income, and the current quarter has nil. Standalone finance costs of ₹7.17 crore are 1.6% of total income, up 36.8% YoY.
Standalone tax expense was a credit of ₹3.27 crore, against a charge of ₹13.91 crore a year earlier. The notes do not explain the reason for the change in tax expense.
Inference
The filing says the Board approved the results on 6 Nov 2026 and that the statutory auditors, Brahmayya & Co., issued limited review reports with no modification of their conclusion.
Chief Financial Officer and Key Managerial Personnel Anis Tyebali Hyderi resigned for personal reasons, effective from close of business on 10 Jan 2027. The filing does not name a successor, and the reason for the standalone loss is not explained.
Dividends paid in the half year were ₹13.08 crore, against ₹3.23 crore a year earlier. The filing does not state a dividend declaration or record date for the current period.
Filed with BSE on . Reference: Original filing (PDF)
Disclaimer:
The information available on this article is provided for education and informational purposes only. It does not constitute or provide financial, investment or trading advice and should not be construed as an endorsement of any specific stock or financial strategy in any form or manner. We do not make any representations or warranties regarding the quality, reliability, or accuracy of the information provided. This website may contain links to third-party content. We are not responsible for the content or accuracy of these external sources and do not endorse or verify the information provided by third parties. We are not liable for any decisions made or actions taken based on the information provided on this website.
