SPR Auto Technologies Q2 FY27 Results: Consolidated Net Profit ₹182 Crore on Total Income of ₹1,675 Crore
Earnings
Automotive components
Blacklitt Research3 min read
SPR Auto Technologies (NSE: SHRIPISTON) reported total income of ₹1,674.80 crore and net profit of ₹182.30 crore on a consolidated basis for the quarter ended 30 Sep 2026, it said in a filing on 30 Oct 2026. Standalone total income was ₹1,050.00 crore and standalone net profit ₹118.90 crore.
Key highlights
Consolidated
Including its subsidiaries
Total income: ₹1,674.80 crore, up 60.6% YoY and 11.7% QoQ
Net profit: ₹182.30 crore, up 28.3% YoY and 23.4% QoQ
EPS: ₹35.13 basic, up 10.6% YoY from ₹31.76
Finance costs: ₹31.10 crore, against ₹6.50 crore a year earlier
Standalone
The company on its own, without its subsidiaries
Total income: ₹1,050.00 crore, up 16.9% YoY and 9.1% QoQ
Net profit: ₹118.90 crore, down 11.2% YoY and up 6.3% QoQ
EPS: ₹26.34 basic, down 13.4% YoY from ₹30.40
Finance costs: ₹27.10 crore, against ₹5.90 crore a year earlier
Summary
Consolidated ₹ crore
Particulars
Q2 FY27
Q2 FY26
YoY
Q1 FY27
QoQ
1,674.80
1,042.70
+60.6%
1,499.20
+11.7%
Revenue from operations
1,448.20
1,018.50
+42.2%
1,474.40
-1.8%
Other income
25.40
26.20
-3.1%
24.80
+2.4%
182.30
142.10
+28.3%
147.70
+23.4%
Profit before tax
212.10
192.40
+10.2%
195.20
+8.7%
Finance costs
31.10
6.50
+378.5%
34.20
-9.1%
Depreciation
55.50
32.60
+70.2%
63.40
-12.5%
Tax expense
47.50
50.30
-5.6%
47.50
0.0%
Net profit margin
10.88%
13.63%
-2.74 pp
9.85%
+1.03 pp
EPS, basic (₹)
35.13
31.76
+10.6%
32.78
+7.2%
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.
Consolidated net profit rose more slowly than total income over the year: 28.3% against 60.6%. Consolidated tax expense was ₹47.50 crore, 22.4% of profit before tax, against ₹50.30 crore a year earlier.
Finance costs rose from ₹6.50 crore to ₹31.10 crore, which is 1.9% of total income this quarter. The filing does not give a reason for the rise. The net profit margin fell from 13.63% to 10.88%.
Revenue from operations rose 42.2% year on year, while other income fell 3.1% to ₹25.40 crore, or 1.5% of total income. Depreciation rose 70.2% to ₹55.50 crore.
The Labour Codes provision of ₹271 million was recognised as an exceptional item in the year ended 31 Mar 2026, not in this quarter. Consolidated net profit rose 23.4% from the June quarter, faster than total income at 11.7%.
Standalone ₹ crore
Particulars
Q2 FY27
Q2 FY26
YoY
Q1 FY27
QoQ
1,050.00
897.90
+16.9%
962.70
+9.1%
Revenue from operations
1,026.20
873.00
+17.5%
941.60
+9.0%
Other income
23.80
24.90
-4.4%
21.10
+12.8%
118.90
133.90
-11.2%
111.90
+6.3%
Profit before tax
158.80
179.80
-11.7%
150.70
+5.4%
Finance costs
27.10
5.90
+359.3%
29.30
-7.5%
Depreciation
22.80
22.30
+2.2%
21.90
+4.1%
Tax expense
39.90
45.90
-13.1%
38.80
+2.8%
Net profit margin
11.32%
14.91%
-3.59 pp
11.62%
-0.30 pp
EPS, basic (₹)
26.34
30.40
-13.4%
25.40
+3.7%
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 fell 11.2% year on year to ₹118.90 crore, while total income rose 16.9%. Profit before tax fell 11.7% to ₹158.80 crore, and tax expense fell 13.1% to ₹39.90 crore.
Standalone finance costs rose from ₹5.90 crore to ₹27.10 crore, or 2.6% of total income. Revenue from operations rose 17.5% year on year, while other income fell 4.4% to ₹23.80 crore, which is 15.0% of profit before tax.
Standalone net profit rose 6.3% from the June quarter, slower than total income at 9.1%. Standalone depreciation was ₹22.80 crore, against ₹22.30 crore a year earlier.
The standalone Labour Codes provision of ₹237 million was also recognised as an exceptional item in the year ended 31 Mar 2026. The filing does not say whether it has been reversed or is still outstanding.
Consolidated net profit of ₹182.30 crore is ₹63.40 crore above standalone net profit of ₹118.90 crore. Consolidated net profit grew 28.3% year on year while standalone net profit fell 11.2%. The subsidiaries included in the consolidated results are listed in the filing's Annexure 1, and three of them, SPR Auto Interior Solutions, SPR Auto Interior Solutions Chakan and SPR Auto Interior Lighting Solutions, have effect from 08 Jan 2026.
The company completed a Qualified Institutional Placement of ₹10,000 million, allotting 23,36,448 equity shares at ₹4,280 a share on 20 Aug 2026. Of the net funds, ₹7,358 million was utilised for the objects of the issue and ₹2,512 million was temporarily invested pending utilisation as on 30 Sep 2026.
Inference
The company's net worth is ₹42,760 million on a consolidated basis and ₹40,581 million standalone as at 30 Sep 2026. Two Series of secured rated listed non-convertible debentures of ₹500 crore each were issued on 23 Feb 2026, at 7.30% (Series I) and 7.35% (Series II), and the filing reports no deviation in their use of funds.
The filing reports a dividend paid of ₹220 million in the period and does not state a dividend for the current quarter. The filing also does not give a reason for the rise in finance costs, or say whether the Labour Codes provision has been reversed.
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SHRIPISTONSPR Auto Technologies Ltd.
