Tarmat's Q2 FY 2025-26 Quarterly Results

Result Summary

• Tarmat Ltd reported a 6.3% 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 50.1%.
• Its expenses for the quarter were down by 9.5% QoQ and up 44.7% YoY.
• The net profit increased 111.6% QoQ and increased 256.1% YoY.
• The earnings per share (EPS) of Tarmat Ltd stood at 0.61 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

Tarmat Ltd is an infrastructure development company primarily engaged in the construction of roads, highways, and airport runways. As a part of the construction industry, Tarmat Ltd has been involved in various public and private sector projects, contributing to the infrastructure development in India. The company is known for its expertise in executing complex engineering and construction projects. Any recent major developments or strategic changes within the company are not available based on the provided information.

Revenue

In the second quarter of FY26, Tarmat Ltd reported a total income of ₹23.42 crores, which represents a decline of 6.3% from the previous quarter (Q1FY26) where the income was ₹25.00 crores. However, when compared year-over-year (YoY) to the second quarter of FY25, there was a significant increase of 50.1% from a total income of ₹15.60 crores. This substantial YoY growth indicates a strong recovery or expansion in business activities compared to the same period last year.

Profitability

Tarmat Ltd's profitability showed a notable improvement in Q2FY26. The profit before tax increased to ₹1.38 crores, marking a 115.6% increase quarter-over-quarter (QoQ) from ₹0.64 crores in Q1FY26, and a 263.2% rise YoY from ₹0.38 crores in Q2FY25. The profit after tax also experienced a significant increase to ₹1.46 crores, up by 111.6% QoQ from ₹0.69 crores in Q1FY26, and by 256.1% YoY from ₹0.41 crores in Q2FY25. Furthermore, the earnings per share (EPS) for the quarter was ₹0.61, which more than doubled from the previous quarter's ₹0.30, and increased significantly from ₹0.14 in the same quarter last year, reflecting a 335.7% YoY growth.

Operating Metrics

The total expenses for Tarmat Ltd in Q2FY26 were ₹22.04 crores, showing a decrease of 9.5% QoQ from ₹24.36 crores in Q1FY26. Despite this quarterly reduction, expenses rose by 44.7% YoY from ₹15.23 crores in Q2FY25. The tax expenses for the quarter were recorded at ₹-0.08 crores, which is an increase of 33.3% QoQ from ₹-0.06 crores in Q1FY26, and a 166.7% increase YoY from ₹-0.03 crores in Q2FY25. These changes in tax expenses, alongside the improved profitability metrics, highlight the company's operational adjustments over the period.