GRP quarterly results

Q2 FY27 · Jul–Sep 2026

₹ crore	Q2 FY27	Q2 FY26	Change
Revenue	172	132	+30.2%
EBITDA	17.8	10.6	+68.1%
EBITDA margin	10.4%	8.0%	+2.3 pts
Profit before tax	8.9	3.3	+167.0%
Net profit	6.4	2.0	+225.5%
EPS	₹11.96	₹3.67	+225.9%

Every quarter

₹ crore except per share

Tap a line for its trend	Q2 FY27Sep 2026	Q1 FY27Jun 2026	Q4 FY26Mar 2026	Q3 FY26Dec 2025	Q2 FY26Sep 2025	Q1 FY26Jun 2025	Q4 FY25Mar 2025	Q3 FY25Dec 2024	Q2 FY25Sep 2024	Q1 FY25Jun 2024	Q4 FY24Mar 2024	Q3 FY24Dec 2023	Earlier quartersAlpha Plus

Expenses
	172	157	145	135	132	124	160	132	132	126	138	110	Earlier quartersEvery year the company has filed comes with Alpha Plus.
	0.4	0.5	0.5	0.5	0.8	0.9	0.2	0.4	0.2	0.5	0.2	0.5
	173	157	145	135	133	125	161	133	132	127	138	110
	96.8	84.9	74.8	69.8	67.3	62.4	65.2	67.8	63.7	58.8	55.8	55.9
	−3.2	−3.6	3.6	−1.2	−2.2	−0.2	1.8	−5.5	1.2	0.9	3.3	−6.9
	16.4	16.6	15.2	15.5	16.0	14.9	17.2	14.9	14.0	16.0	13.7	13.8
	4.2	4.0	4.0	3.9	3.5	3.4	3.2	2.9	2.2	2.1	1.7	1.9
	5.2	5.0	5.0	4.9	4.5	4.2	4.2	4.1	4.0	3.8	3.4	3.3
	44.4	42.0	42.0	39.9	40.7	36.7	43.3	42.5	43.0	37.8	42.4	36.5
	164	149	145	133	130	121	135	127	128	119	120	104
	17.8	16.9	8.9	10.7	10.6	9.9	32.9	12.6	9.8	12.8	22.7	10.4
	12.6	11.9	4.0	5.9	6.1	5.7	28.7	8.6	5.8	8.9	19.3	7.1
Profit
	8.9	8.4	0.5	2.5	3.3	3.2	25.7	6.0	3.9	7.3	17.8	5.7
	0.0	0.0	0.0	−1.4	0.0	0.0	0.0	0.0	0.0	0.0	−2.4	0.0
	8.9	8.4	0.5	1.1	3.3	3.2	25.7	6.0	3.9	7.3	15.4	5.7
	1.5	3.7	1.2	0.1	−0.5	0.9	5.1	1.7	1.3	2.5	2.5	1.7
	1.0	0.5	0.6	0.1	1.9	0.6	1.2	−0.0	0.1	0.5	1.1	−0.3
	2.5	4.2	1.8	0.2	1.4	1.5	6.2	1.7	1.4	2.9	3.7	1.4
	6.4	4.2	−1.3	0.9	2.0	1.7	19.4	4.4	2.5	4.4	11.7	4.3
	6.4	4.2	−1.3	0.9	2.0	1.7	19.4	4.4	2.5	4.4	11.7	4.3
	0.8	1.0	−2.5	−0.5	−2.3	−4.9	0.0	0.1	−1.8	0.3	−0.1	−0.8
	7.2	5.2	−3.9	0.4	−0.3	−3.1	19.5	4.5	0.7	4.7	11.6	3.5
	6.4	4.2	−1.3	0.9	2.0	1.7	19.4	4.4	2.5	4.4	11.7	4.3
	−0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Per share
	₹11.96	₹7.87	−₹2.51	₹1.60	₹3.67	₹3.28	₹36.46	₹8.22	₹4.70	₹32.75	₹87.54	₹32.34
	₹11.95	₹7.87	−₹2.51	₹1.60	₹3.67	₹3.28	₹36.46	₹8.22	₹4.70	₹32.75	₹87.54	₹32.34
Other comprehensive income — detail
	0.8	1.0	−2.5	−0.5	−2.3	−4.9	0.0	—	—	—	—	—
	0.2	0.0	0.4	−1.0	0.4	−0.1	−0.4	−0.1	−1.1	0.1	−0.4	−0.8
	0.1	0.0	0.1	−0.3	0.1	−0.0	−0.1	—	—	—	—	—
	—	—	—	—	—	—	—	−0.0	−0.3	0.0	−0.1	−0.2
	0.8	1.3	−3.8	0.4	−3.4	−6.5	0.5	0.2	−1.3	0.4	0.3	−0.2
	0.2	0.3	−1.0	0.1	−0.8	−1.7	0.1	—	—	—	—	—
	—	—	—	—	—	—	—	0.1	−0.3	0.1	0.1	−0.0
	7.2	5.2	−3.9	−0.5	−0.3	—	19.5	4.5	0.7	4.7	11.6	3.5
	−0.0	0.0	0.0	0.0	0.0	—	0.0	0.0	0.0	0.0	0.0	0.0
Per share — as-filed variants
	₹11.96	₹7.87	−₹2.51	₹1.60	₹3.67	₹3.28	₹36.46	₹8.22	₹4.70	₹32.75	₹87.54	₹32.34
	₹11.95	₹7.87	−₹2.51	₹1.60	₹3.67	₹3.28	₹36.46	₹8.22	₹4.70	₹32.75	₹87.54	₹32.34
Derived — gross profit (revenue − materials − purchases − Δ inventories)
	78.7	75.5	66.1	66.1	67.2	61.5	93.3	70.0	66.8	66.5	78.8	60.7
	45.7%	48.1%	45.8%	49.1%	50.8%	49.7%	58.2%	52.9%	50.7%	52.7%	57.1%	55.3%
Adjusted (ex-exceptional items) — derived
	8.9	8.4	0.5	2.5	3.3	3.2	25.7	6.0	3.9	7.3	17.8	5.7
	0.0	0.0	0.0	−1.4	0.0	0.0	0.0	0.0	0.0	0.0	−2.4	0.0
	6.4	4.2	−1.3	2.0	2.0	1.7	19.4	4.4	2.5	4.4	13.5	4.3
	₹11.96	₹7.87	−₹2.51	₹3.69	₹3.67	₹3.28	₹36.46	₹8.22	₹4.70	₹32.75	₹101.20	₹32.34

Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

alphave

GRPLTD₹1,789.90

GRP Limited

· Capital Goods & Defence

Annual Quarterly₹ CrorePeersTINNARUBR RUBFILA HARRMALAYA PIXTRANS APCOTEXIND SAMPANNMcap ₹955 Cr

View

In ₹ Crore except Per Share 3 Months Ending	Q3 FY24 31/12/2023	Q4 FY24 31/03/2024	Q1 FY25 30/06/2024	Q2 FY25 30/09/2024	Q3 FY25 31/12/2024	Q4 FY25 31/03/2025	Q1 FY26 30/06/2025	Q2 FY26 30/09/2025	Q3 FY26 31/12/2025	Q4 FY26 31/03/2026	Q1 FY27 30/06/2026	Q2 FY27 30/09/2026
Revenue from Operations	109.7	137.9	126.2	131.6	132.3	160.3	123.7	132.4	134.7	144.5	156.8	172.3
Other Income	0.5	0.2	0.5	0.2	0.4	0.2	0.9	0.8	0.5	0.5	0.5	0.4
Total Income	110.2	138.1	126.7	131.9	132.7	160.6	124.7	133.1	135.2	145.0	157.3	172.7
Expenses
+ Cost of Materials Consumed	55.9	55.8	58.8	63.7	67.8	65.2	62.4	67.3	69.8	74.8	84.9	96.8
+ Changes in Inventories	-6.9	3.3	0.9	1.2	-5.5	1.8	-0.2	-2.2	-1.2	3.6	-3.6	-3.2
+ Employee Benefit Expense	13.8	13.7	16.0	14.0	14.9	17.2	14.9	16.0	15.5	15.2	16.6	16.4
+ Finance Costs	1.9	1.7	2.1	2.2	2.9	3.2	3.4	3.5	3.9	4.0	4.0	4.2
+ Depreciation & Amortisation	3.3	3.4	3.8	4.0	4.1	4.2	4.2	4.5	4.9	5.0	5.0	5.2
+ Other Expenses	36.5	42.4	37.8	43.0	42.5	43.3	36.7	40.7	39.9	42.0	42.0	44.4
Total Expenses	104.5	120.4	119.4	128.0	126.6	134.9	121.5	129.8	132.7	144.6	148.9	163.8
EBITDA	10.4	22.7	12.8	9.8	12.6	32.9	9.9	10.6	10.7	8.9	16.9	17.8
EBIT	7.1	19.3	8.9	5.8	8.6	28.7	5.7	6.1	5.9	4.0	11.9	12.6
Profit
PBT before Exceptional Items	5.7	17.8	7.3	3.9	6.0	25.7	3.2	3.3	2.5	0.5	8.4	8.9
+ Exceptional Items	0.0	-2.4	0.0	0.0	0.0	0.0	0.0	0.0	-1.4	0.0	0.0	0.0
Pretax Income	5.7	15.4	7.3	3.9	6.0	25.7	3.2	3.3	1.1	0.5	8.4	8.9
+ Current Tax	1.7	2.5	2.5	1.3	1.7	5.1	0.9	-0.5	0.1	1.2	3.7	1.5
+ Deferred Tax	-0.3	1.1	0.5	0.1	-0.0	1.2	0.6	1.9	0.1	0.6	0.5	1.0
Tax Expense	1.4	3.7	2.9	1.4	1.7	6.2	1.5	1.4	0.2	1.8	4.2	2.5
Net Income	4.3	11.7	4.4	2.5	4.4	19.4	1.7	2.0	0.9	-1.3	4.2	6.4
+ Net Income — Continuing Ops	4.3	11.7	4.4	2.5	4.4	19.4	1.7	2.0	0.9	-1.3	4.2	6.4
+ Other Comprehensive Income	-0.8	-0.1	0.3	-1.8	0.1	0.0	-4.9	-2.3	-0.5	-2.5	1.0	0.8
Total Comprehensive Income	3.5	11.6	4.7	0.7	4.5	19.5	-3.1	-0.3	0.4	-3.9	5.2	7.2
Net Income to Common	4.3	11.7	4.4	2.5	4.4	19.4	1.7	2.0	0.9	-1.3	4.2	6.4
Minority Interest	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-0.0
Per Share
Basic EPS	32.34	87.54	32.75	4.70	8.22	36.46	3.28	3.67	1.60	-2.51	7.87	11.96
Diluted EPS	32.34	87.54	32.75	4.70	8.22	36.46	3.28	3.67	1.60	-2.51	7.87	11.95
Other Comprehensive Income — detail
+ Other Comprehensive Income	—	—	—	—	—	0.0	-4.9	-2.3	-0.5	-2.5	1.0	0.8
+ Items NOT to be Reclassified to P&L	-0.8	-0.4	0.1	-1.1	-0.1	-0.4	-0.1	0.4	-1.0	0.4	0.0	0.2
+ Tax on Items NOT to be Reclassified	—	—	—	—	—	-0.1	-0.0	0.1	-0.3	0.1	0.0	0.1
+ Tax on Items NOT to be Reclassified — alt tag	-0.2	-0.1	0.0	-0.3	-0.0	—	—	—	—	—	—	—
+ Items to be Reclassified to P&L	-0.2	0.3	0.4	-1.3	0.2	0.5	-6.5	-3.4	0.4	-3.8	1.3	0.8
+ Tax on Items to be Reclassified	—	—	—	—	—	0.1	-1.7	-0.8	0.1	-1.0	0.3	0.2
+ Tax on Items to be Reclassified — alt tag	-0.0	0.1	0.1	-0.3	0.1	—	—	—	—	—	—	—
Comprehensive Income — Owners of Parent	3.5	11.6	4.7	0.7	4.5	19.5	—	-0.3	-0.5	-3.9	5.2	7.2
Comprehensive Income — Non-controlling Interests	0.0	0.0	0.0	0.0	0.0	0.0	—	0.0	0.0	0.0	0.0	-0.0
Per Share — as-filed variants
Basic EPS — Continuing Operations	32.34	87.54	32.75	4.70	8.22	36.46	3.28	3.67	1.60	-2.51	7.87	11.96
Diluted EPS — Continuing Operations	32.34	87.54	32.75	4.70	8.22	36.46	3.28	3.67	1.60	-2.51	7.87	11.95
Derived — Gross Profit (Revenue − Materials − Purchases − Δ Inventories)
Gross Profit	60.7	78.8	66.5	66.8	70.0	93.3	61.5	67.2	66.1	66.1	75.5	78.7
Gross Margin %	55.34	57.13	52.73	50.71	52.94	58.20	49.71	50.79	49.08	45.76	48.14	45.67
Adjusted (ex-Exceptional Items) — derived
Pretax Income (Adjusted, as filed)	5.7	17.8	7.3	3.9	6.0	25.7	3.2	3.3	2.5	0.5	8.4	8.9
− Exceptional Items (reconciliation)	0.0	-2.4	0.0	0.0	0.0	0.0	0.0	0.0	-1.4	0.0	0.0	0.0
Net Income Adj (tax-effected)	4.3	13.5	4.4	2.5	4.4	19.4	1.7	2.0	2.0	-1.3	4.2	6.4
EPS Adj	32.34	101.20	32.75	4.70	8.22	36.46	3.28	3.67	3.69	-2.51	7.87	11.96
Other Filed Concepts — mapped but not yet placed in the schedule
Face Value	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00
Paid Up Equity Capital	1.3	1.3	1.3	5.3	5.3	5.3	—	5.3	5.3	5.3	5.3	5.3

As filed, sign as filed — read the label, not the sign. A line appears only when the company tagged that concept in at least one period shown, so depth follows the filer: pre-Ind-AS, insurance and NBFC blocks stay hidden unless they were actually reported. Alternate tags for the same idea (e.g. two spellings of a deferred-tax element) are kept as separate lines rather than merged, because merging them would be a guess. Ratios, per-share figures and counts render as raw numbers, not ₹ Crore. No consensus estimates → no Est columns. Click any row to chart it.

« ‹ › »Latest: Q2 FY27 · ConsolidatedFA Financial Analysis · alphave

Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.

GRP Q2 FY27 results (July–September 2026)

Filed with NSE on Wednesday, 28 October 2026 at 6:24 pm IST

GRP (NSE: GRPLTD) reported its Q2 FY27 results (July–September 2026) on Wednesday, 28 October 2026 at 6:24 pm IST. Consolidated net profit was ₹6.4 crore, up 225.6% from ₹2 crore in Q2 FY26 and up 51.9% from ₹4.2 crore in Q1 FY27. Revenue from operations was ₹172 crore, up 30.2% year on year and up 9.9% from the previous quarter.

Q2 FY26 results (a year earlier): 13 November 2025
Q3 FY27 results due by: 14 February 2027

Q2 FY27 at a glance · consolidated

Net profit: ₹6.4 Cr+225.6% vs Q2 FY26+51.9% vs Q1 FY27
Revenue from operations: ₹172 Cr+30.2% vs Q2 FY26+9.9% vs Q1 FY27
Operating margin (EBIT): 7.3%+2.7 pts vs Q2 FY26−0.3 pts vs Q1 FY27EBIT ₹12.6 Cr
EBITDA: ₹17.8 Cr+68.1% vs Q2 FY26+5.6% vs Q1 FY27margin 10.4%
Earnings per share (basic): ₹11.96+225.9% vs Q2 FY26+52.0% vs Q1 FY27
Net profit margin: 3.7%+2.2 pts vs Q2 FY26+1.0 pts vs Q1 FY27

Questions

What was GRP's net profit in Q2 FY27?

Consolidated net profit was ₹6.4 crore, up 225.6% from ₹2 crore in Q2 FY26 and up 51.9% from ₹4.2 crore in Q1 FY27.

What was GRP's revenue in Q2 FY27?

Revenue from operations was ₹172 crore, up 30.2% year on year and up 9.9% from the previous quarter.

What was GRP's operating margin in Q2 FY27?

Operating profit (EBIT — revenue less operating expenses, before finance costs and other income) was ₹12.6 crore, a margin of 7.3%, against 7.6% in Q1 FY27 and 4.6% in Q2 FY26. EBITDA was ₹17.8 crore, 10.4% of revenue.

How were GRP's Q2 FY27 results?

Both grew from a year earlier: net profit was up 225.6% at ₹6.4 crore and revenue was up 30.2% at ₹172 crore. The operating margin was 7.3%, up 2.7 percentage points from 4.6% a year earlier. Against Q1 FY27, net profit was up 51.9% and revenue up 9.9%.

What was GRP's net profit in the first half of FY27?

Consolidated net profit for the first half of FY27 (April–September 2026) was ₹10.6 crore, up 185.3% from ₹3.7 crore in the same months a year earlier. Revenue from operations was ₹329 crore, up 28.5%.

What was GRP's net profit in FY26?

Consolidated net profit was ₹3.2 crore in FY26 (April 2025–March 2026), down 89.5% from ₹30.7 crore in FY25. It was ₹22.6 crore in FY24 and ₹13.9 crore in FY23: down 76.9% over three years, an average fall of 38.7% a year.

What was GRP's EPS in Q2 FY27?

Basic earnings per share were ₹11.96, against ₹3.67 in Q2 FY26.

What is GRP's net profit margin?

GRP's net profit margin was 3.7% in Q2 FY27 (net profit as a share of revenue from operations), against 1.5% in Q2 FY26 (up 2.2 percentage points). For FY26 as a whole it was 0.6%.

When did GRP announce its Q2 FY27 results?

On Wednesday, 28 October 2026 at 6:24 pm IST, in its results filing to the stock exchanges. A year earlier it reported Q2 FY26 on 13 November 2025.

How has GRP's profit changed over the last four quarters?

Net profit by quarter: a profit of ₹85 lakh in Q3 FY26, a loss of ₹1.3 crore in Q4 FY26, a profit of ₹4.2 crore in Q1 FY27 and a profit of ₹6.4 crore in Q2 FY27. That is a combined profit of ₹10.1 crore over the four quarters, down 63.4% from ₹27.5 crore in the four quarters before. Revenue from operations: ₹135 crore, ₹145 crore, ₹157 crore and ₹172 crore.

What was GRP's revenue in FY26?

Revenue from operations was ₹535 crore in FY26 (April 2025–March 2026), down 2.7% from ₹550 crore in FY25. It was ₹461 crore in FY24 and ₹451 crore in FY23: up 18.7% over three years, 5.9% a year on average.

When will GRP announce its Q3 FY27 results?

Q3 FY27 covers October–December 2026. Listed companies must publish quarterly results within 45 days of the quarter's end (SEBI listing rules, Regulation 33), so the results are due by 14 February 2027. The company tells the exchanges the date of the board meeting at least two working days before it.

Where do these GRP figures come from?

From GRP's own consolidated results filings to NSE, in ₹ crore as filed (Q2 FY27 on 28 October 2026). Growth compares the same consolidated figures a year and a quarter earlier.

Consolidated figures from the company's filings to NSE. Every company's results dates this season are in the Q2 FY27 results calendar, part of Alpha Plus.