Pitti Engineering's Q2 FY 2025-26 Quarterly Results

Result Summary

• Pitti Engineering Ltd reported a 7.6% 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 9.6%.
• Its expenses for the quarter were up by 4.2% QoQ and 10.7% YoY.
• The net profit increased 75.2% QoQ and increased 5.4% YoY.
• The earnings per share (EPS) of Pitti Engineering Ltd stood at 10.78 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

Pitti Engineering Ltd, established in India, operates within the engineering and manufacturing industry. The company specializes in producing a range of engineering products, often focusing on components relevant to electrical and mechanical applications. These products can include motor cores, assembly kits, and other precision-engineered parts. The company serves various sectors, including automotive, industrial machinery, and power generation. As of the latest data available until October 2023, Pitti Engineering Ltd has not been reported to have any major recent developments, such as mergers, acquisitions, or significant strategic shifts.

Revenue

In Q2 FY26, Pitti Engineering Ltd reported a total income of ₹499.05 crores. This represents a quarter-over-quarter (QoQ) increase of 7.6% from Q1 FY26, where the total income was ₹463.97 crores. Year-over-year (YoY), the total income increased by 9.6% compared to Q2 FY25, when it stood at ₹455.26 crores. These figures indicate consistent revenue growth over both the previous quarter and the same quarter in the prior year, reflecting the company's expanding business operations during this period.

Profitability

The financial data for Q2 FY26 shows that Pitti Engineering Ltd achieved a profit before tax (PBT) of ₹53.87 crores, marking a substantial 47.4% increase QoQ from Q1 FY26's PBT of ₹36.54 crores. Compared to Q2 FY25, there is a marginal YoY increase of 1.3% from a PBT of ₹53.17 crores. The profit after tax (PAT) for Q2 FY26 rose to ₹40.09 crores, up 75.2% from ₹22.88 crores in Q1 FY26 and a 5.4% increase YoY from ₹38.02 crores in Q2 FY25. The earnings per share (EPS) for Q2 FY26 were ₹10.78, which is a 75.6% rise QoQ and a 5.7% increase YoY, suggesting improved profitability per share.

Operating Metrics

The company reported total expenses of ₹445.19 crores in Q2 FY26, which is a 4.2% increase from ₹427.42 crores in Q1 FY26. YoY, there is a 10.7% rise from ₹402.08 crores in Q2 FY25. Tax expenses for Q2 FY26 were ₹13.77 crores, reflecting a slight QoQ increase of 0.8% from ₹13.66 crores in Q1 FY26, and a YoY decrease of 9.1% from ₹15.15 crores in Q2 FY25. These figures suggest that while the company has managed to grow its income, it has also experienced increased expenses, though tax expenses have decreased YoY, indicating a potential optimization in tax liabilities.