Ashapura Minechem's Q2 FY 2025-26 Quarterly Results

Result Summary

• Ashapura Minechem Ltd reported a 29.9% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 57.6%.
• Its expenses for the quarter were down by 28.6% QoQ and up 52.6% YoY.
• The net profit decreased 7.0% QoQ and increased 148.6% YoY.
• The earnings per share (EPS) of Ashapura Minechem Ltd stood at 10.11 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

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Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Ashapura Minechem Ltd is a prominent player in the mining and minerals sector. The company specializes in the mining and processing of minerals such as bauxite, bentonite, kaolin, and other specialty minerals. Known for its extensive mineral resources and global presence, Ashapura Minechem Ltd caters to diverse industries including ceramics, oil and gas, iron and steel, and agriculture. The company has established a robust supply chain and maintains a strong focus on sustainable practices and innovation in mineral processing. Recent developments in the company have not been detailed in the provided data, thus specific updates are unavailable.

Revenue

In the second quarter of fiscal year 2026 (Q2FY26), Ashapura Minechem Ltd reported a total income of ₹953.94 crores. This represents a significant decrease of 29.9% compared to the previous quarter (Q1FY26), where the total income was ₹1361.52 crores. However, when compared to the same quarter in the previous fiscal year (Q2FY25), where total income was ₹605.25 crores, there is a notable increase of 57.6%. This year-over-year growth suggests a robust expansion in revenue streams over the past year.

Profitability

The company's profit before tax for Q2FY26 was ₹70.75 crores, showing a substantial decrease of 43.6% from the previous quarter's ₹125.35 crores. However, compared to Q2FY25, where profit before tax was ₹26.53 crores, there is a remarkable year-over-year growth of 166.7%. The reported profit after tax for Q2FY26 stood at ₹105.98 crores, experiencing a slight decrease of 7.0% from Q1FY26's ₹113.90 crores. On a year-over-year basis, this indicates a significant increase of 148.6% from Q2FY25's ₹42.63 crores. Earnings per share (EPS) for the quarter were ₹10.11, down 12.1% from the previous quarter but up 105.5% from the same quarter last year.

Operating Metrics

Total expenses for Ashapura Minechem Ltd in Q2FY26 were ₹883.19 crores, showing a decrease of 28.6% compared to Q1FY26, where expenses totaled ₹1236.17 crores. When compared to Q2FY25, which recorded total expenses of ₹578.73 crores, there is a 52.6% increase. The tax figures for the quarter present an unusual pattern, with Q2FY26 recording a negative tax figure of ₹-24.76 crores, contrasting the positive ₹17.94 crores in Q1FY26 and the negative ₹-7.05 crores in Q2FY25. This indicates a complex tax environment or adjustments that impact the company's net profitability.