RICOAUTORico Auto Industries Ltd.
Rico Auto Industries Q2 FY27 Results: Consolidated Net Loss ₹26.27 Crore on Total Income of ₹856 Crore
- Earnings
- Automotive components
Reviewed byKeshav SehgalBlacklitt Research
Rico Auto Industries (NSE: RICOAUTO) reported a consolidated net loss of ₹26.27 crore and total income of ₹856.00 crore for the quarter ended 30 Sep 2026, it said in a filing on 06 Nov 2026. Standalone figures were a net loss of ₹35.18 crore on total income of ₹607.11 crore.
Key highlights
Consolidated
Including its subsidiaries
- Total income: ₹856.00 crore, up 36.1% YoY and 12.9% QoQ
- Net profit: Loss of ₹26.27 crore; loss attributable to owners of ₹26.68 crore
- EPS: Basic and diluted loss of ₹1.97 per share, not annualised
- Finance costs: ₹15.90 crore, up 32.8% YoY
Standalone
The company on its own, without its subsidiaries
- Total income: ₹607.11 crore, up 30.9% YoY and 2.5% QoQ
- Net profit: Loss of ₹35.18 crore against a profit of ₹10.47 crore a year earlier
- EPS: Basic and diluted loss of ₹2.60 per share, not annualised
- Tax expense: Credit of ₹12.06 crore, mainly deferred tax
Summary
| Particulars | Q2 FY27 | Q2 FY26 | YoY | Q1 FY27 | QoQ |
|---|---|---|---|---|---|
| 856.00 | 628.87 | +36.1% | 757.93 | +12.9% | |
| Revenue from operations | 852.36 | 627.36 | +35.9% | 755.08 | +12.9% |
| Other income | 3.64 | 1.51 | +141.1% | 2.85 | +27.7% |
| -26.27 | 17.72 | n/a | -3.38 | -677.2% | |
| Profit before tax | -33.16 | 24.48 | n/a | -4.08 | -712.7% |
| Finance costs | 15.90 | 11.97 | +32.8% | 14.51 | +9.6% |
| Depreciation | 26.60 | 25.73 | +3.4% | 27.10 | -1.8% |
| Tax expense | -6.95 | 6.75 | n/a | -0.70 | -892.9% |
| Net profit margin | -3.07% | 2.82% | -5.89 pp | -0.45% | -2.62 pp |
| EPS, basic (₹) | -1.97 | 1.31 | n/a | -0.27 | -629.6% |
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.
Total income rose 36.1% year on year, but profit before tax moved from ₹24.48 crore to a loss of ₹33.16 crore. Other expenses rose from ₹127.11 crore to ₹216.46 crore in the quarter, and the filing does not explain that rise.
Finance costs of ₹15.90 crore are 1.9% of total income, and other income of ₹3.64 crore is 0.4% of it. Exceptional items were ₹0.22 crore in the quarter, a small amount against the loss.
The filing gives current tax of ₹3.28 crore and a deferred tax credit of ₹10.17 crore.
| Particulars | Q2 FY27 | Q2 FY26 | YoY | Q1 FY27 | QoQ |
|---|---|---|---|---|---|
| 607.11 | 463.97 | +30.9% | 592.07 | +2.5% | |
| Revenue from operations | 603.30 | 461.60 | +30.7% | 581.15 | +3.8% |
| Other income | 3.81 | 2.37 | +60.8% | 10.92 | -65.1% |
| -35.18 | 10.47 | n/a | 0.16 | n/a | |
| Profit before tax | -47.24 | 14.11 | n/a | 0.24 | n/a |
| Finance costs | 12.74 | 9.34 | +36.4% | 11.46 | +11.2% |
| Depreciation | 23.05 | 22.25 | +3.6% | 23.68 | -2.7% |
| Tax expense | -12.06 | 3.64 | n/a | 0.08 | n/a |
| Net profit margin | -5.79% | 2.26% | -8.05 pp | 0.03% | -5.82 pp |
| EPS, basic (₹) | -2.60 | 0.77 | n/a | 0.01 | 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.
The standalone loss is larger than the consolidated one, at ₹35.18 crore against ₹26.27 crore. Standalone total income of ₹607.11 crore is ₹248.89 crore lower than the consolidated figure, and the gap in net profit is ₹8.91 crore.
Standalone revenue from operations rose 30.7% year on year, while other income rose 60.8% from a small base of ₹2.37 crore. Profit before tax fell from ₹14.11 crore to a loss of ₹47.24 crore.
The standalone tax line is a credit of ₹12.06 crore, made up of a deferred tax credit of ₹12.04 crore and current tax of ₹0.02 crore. The filing does not say why the deferred tax credit arose.
Inference
The notes also say the company agreed to sell land at Haridwar, classified as an asset held for sale, but the filing gives no price or completion date.
The filing does not state the reason for the losses in the quarter, and a reader would want to know whether the rise in other expenses is expected to continue. The statutory auditors issued limited review reports on both sets of results without modification.
Filed with BSE on . Reference: Original filing (PDF)
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