Harsha Engineers International's Q2 FY 2025-26 Quarterly Results

Result Summary

• Harsha Engineers International Ltd reported a 3.4% quarter-on-quarter (QoQ) increase 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 6.6%.
• Its expenses for the quarter were up by 5.0% QoQ and 4.8% YoY.
• The net profit decreased 3.9% QoQ and increased 25.8% YoY.
• The earnings per share (EPS) of Harsha Engineers International Ltd stood at 4 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

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

Company Overview

Harsha Engineers International Ltd is a company operating in the engineering sector, primarily known for its high-quality components and solutions. The company's main products and services include precision bearing cages, stamped components, and other engineered products used across various industries such as automotive, aerospace, and industrial machinery. Recently, the company has been focusing on expanding its product lines and increasing its market share in international markets. However, specific recent major developments for the company are not available in the provided data.

Revenue

In the second quarter of the fiscal year 2026, Harsha Engineers International Ltd reported a total income of ₹388.79 crores. This represents a quarter-over-quarter (QoQ) increase of 3.4% compared to ₹376.02 crores in the first quarter of the same fiscal year. Additionally, on a year-over-year (YoY) basis, there was a 6.6% increase in total income compared to ₹364.66 crores in the second quarter of the fiscal year 2025. The consistent growth in revenue over both the quarterly and yearly periods highlights the company's ability to enhance its income stream.

Profitability

During the second quarter of the fiscal year 2026, the company recorded a profit before tax of ₹49.57 crores, which indicates a decrease of 6.6% QoQ from ₹53.06 crores in the previous quarter. However, on a YoY basis, there was a significant increase of 21.2% from ₹40.91 crores in the same quarter of the previous fiscal year. The profit after tax for the quarter stood at ₹36.44 crores, showing a QoQ decline of 3.9% from ₹37.93 crores, but a YoY increase of 25.8% from ₹28.96 crores. The earnings per share (EPS) were ₹4.00, down by 4.1% QoQ from ₹4.17, but up by 25.8% YoY from ₹3.18.

Operating Metrics

Total expenses for the company in Q2 FY26 amounted to ₹339.22 crores, which reflects a 5.0% increase QoQ from ₹322.96 crores and a 4.8% rise YoY from ₹323.75 crores. The tax expense for the quarter was ₹13.13 crores, showing a QoQ decrease of 13.2% from ₹15.13 crores, while increasing 9.9% YoY from ₹11.95 crores. These changes in operating expenses and tax obligations play a crucial role in determining the company's net profitability and overall financial health. The data highlights a trend of increasing expenses, both in the short and long term, which might affect the operational efficiency and net margins.