| ₹ crore | Q2 FY27 | Q2 FY26 | Change |
|---|---|---|---|
| Revenue | 1,451 | 1,487 | −2.4% |
| EBITDA | 197 | 75.9 | +160.2% |
| EBITDA margin | 13.6% | 5.1% | +8.5 pts |
| Profit before tax | 177 | 50.8 | +248.9% |
| Net profit | 132 | 38.0 | +246.6% |
| EPS | ₹2.87 | ₹0.83 | +245.8% |
| 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 |
|---|
| 1,451 | 1,594 | 1,467 | 1,484 | 1,487 | 1,291 | 1,267 | 1,131 | 1,125 | 1,090 | 1,346 | 1,302 | Earlier quartersEvery year the company has filed comes with Alpha Plus. | |
| 17.0 | 39.1 | 25.3 | 32.4 | 19.2 | 30.4 | 24.9 | 9.0 | 19.7 | 28.8 | 37.3 | 38.7 | ||
| 1,468 | 1,633 | 1,492 | 1,517 | 1,506 | 1,322 | 1,292 | 1,140 | 1,144 | 1,119 | 1,384 | 1,340 | ||
Expenses | |||||||||||||
| 930 | 837 | 790 | 1,010 | 871 | 822 | 790 | 758 | 767 | 751 | 832 | 996 | ||
| 314 | 255 | 144 | 130 | 301 | 181 | 138 | 57.4 | 40.6 | 25.6 | 111 | 34.6 | ||
| −278 | −12.5 | 54.1 | −17.9 | −2.2 | −30.2 | 57.9 | −20.4 | 7.1 | −0.6 | 60.3 | −98.2 | ||
| 46.5 | 50.3 | 47.5 | 36.9 | 29.9 | 32.6 | 40.8 | 29.9 | 31.5 | 31.9 | 36.4 | 35.6 | ||
| 3.2 | 2.5 | 7.4 | 5.5 | 9.1 | 5.5 | 6.2 | 2.9 | 4.3 | 3.4 | 3.4 | 3.0 | ||
| 33.9 | 33.3 | 33.7 | 33.4 | 35.1 | 35.5 | 31.8 | 31.9 | 31.3 | 30.8 | 30.3 | 30.1 | ||
| 241 | 232 | 236 | 226 | 212 | 189 | 177 | 183 | 168 | 177 | 195 | 208 | ||
| 1,291 | 1,398 | 1,313 | 1,424 | 1,455 | 1,236 | 1,242 | 1,043 | 1,050 | 1,019 | 1,269 | 1,209 | ||
| 197 | 232 | 195 | 99.4 | 75.9 | 96.3 | 62.3 | 123 | 110 | 106 | 111 | 126 | ||
| 163 | 199 | 161 | 66.0 | 40.8 | 60.8 | 30.5 | 91.1 | 78.8 | 74.9 | 81.1 | 95.5 | ||
Profit | |||||||||||||
| 177 | 235 | 179 | 92.9 | 50.8 | 85.7 | 49.2 | 97.2 | 94.2 | 100 | 115 | 131 | ||
| 0.0 | 0.0 | 0.7 | −4.7 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | ||
| 177 | 235 | 180 | 88.2 | 50.8 | 85.7 | 49.2 | 97.2 | 94.2 | 100 | 115 | 131 | ||
| 45.0 | 56.5 | 43.4 | 19.7 | 11.2 | 19.2 | 10.4 | 29.2 | 21.6 | 23.6 | 19.9 | 26.4 | ||
| 0.4 | 2.0 | 1.0 | 2.6 | 1.6 | 1.5 | 6.9 | −3.4 | 3.3 | 0.1 | 3.8 | 3.9 | ||
| 45.4 | 58.5 | 44.4 | 22.3 | 12.8 | 20.7 | 17.3 | 25.8 | 24.9 | 23.6 | 23.7 | 30.3 | ||
| 132 | 177 | 135 | 65.9 | 38.0 | 65.0 | 31.9 | 71.4 | 69.3 | 76.7 | 91.4 | 101 | ||
| 132 | 177 | 135 | 65.9 | 38.0 | 65.0 | 31.9 | 71.4 | 69.3 | 76.7 | 91.4 | 101 | ||
| 0.2 | 0.2 | −0.2 | 0.8 | −1.0 | 0.3 | 0.1 | −0.1 | 0.2 | −0.2 | 0.3 | 0.1 | ||
| 132 | 177 | 135 | 66.7 | 37.1 | 65.3 | 32.0 | 71.3 | 69.5 | 76.6 | 91.7 | 101 | ||
| — | — | 135 | 65.9 | 38.0 | 65.0 | 31.9 | 71.4 | 69.3 | 76.7 | 91.4 | 101 | ||
| 0.0 | 0.0 | — | 0.0 | 0.0 | 0.0 | −0.0 | −0.0 | −0.0 | −0.0 | 0.0 | 0.0 | ||
Per share | |||||||||||||
| ₹2.87 | ₹3.85 | ₹2.95 | ₹1.44 | ₹0.83 | ₹1.42 | ₹0.70 | ₹1.56 | ₹1.51 | ₹1.67 | ₹1.99 | ₹4.40 | ||
| ₹2.87 | ₹3.85 | ₹2.95 | ₹1.44 | ₹0.83 | ₹1.42 | ₹0.70 | ₹1.56 | ₹1.51 | ₹1.67 | ₹1.99 | ₹4.40 | ||
Other comprehensive income — detail | |||||||||||||
| 0.2 | 0.2 | −0.2 | 0.8 | −1.0 | 0.3 | 0.1 | — | — | — | — | — | ||
| −0.3 | −0.3 | −0.9 | −0.1 | −0.2 | −0.2 | −0.0 | −0.2 | −0.2 | −0.2 | −1.2 | 0.1 | ||
| −0.1 | −0.1 | −0.2 | −0.0 | −0.0 | −0.0 | 0.0 | — | — | — | — | — | ||
| — | — | — | — | — | — | — | −0.1 | −0.1 | −0.1 | −0.3 | 0.0 | ||
| 0.6 | 0.6 | 0.6 | 1.1 | −1.1 | 0.6 | 0.2 | 0.1 | 0.4 | −0.0 | 1.7 | −0.1 | ||
| 0.1 | 0.2 | 0.1 | 0.3 | −0.3 | 0.1 | 0.0 | — | — | — | — | — | ||
| — | — | — | — | — | — | — | 0.0 | 0.1 | 0.0 | 0.4 | −0.0 | ||
| — | — | 135 | 66.7 | 37.1 | 65.3 | 32.0 | 71.3 | 69.5 | 76.6 | 91.7 | 101 | ||
| — | — | — | 0.0 | 0.0 | 0.0 | −0.0 | −0.0 | −0.0 | −0.0 | 0.0 | 0.0 | ||
Per share — as-filed variants | |||||||||||||
| ₹2.87 | ₹3.85 | ₹2.95 | ₹1.44 | ₹0.83 | ₹1.42 | ₹0.70 | ₹1.56 | ₹1.51 | ₹1.67 | ₹1.99 | ₹4.40 | ||
| ₹2.87 | ₹3.85 | ₹2.95 | ₹1.44 | ₹0.83 | ₹1.42 | ₹0.70 | ₹1.56 | ₹1.51 | ₹1.67 | ₹1.99 | ₹4.40 | ||
Derived — gross profit (revenue − materials − purchases − Δ inventories) | |||||||||||||
| 485 | 515 | 478 | 362 | 318 | 318 | 280 | 335 | 310 | 315 | 343 | 370 | ||
| 33.4% | 32.3% | 32.6% | 24.4% | 21.4% | 24.6% | 22.1% | 29.7% | 27.5% | 28.9% | 25.5% | 28.4% | ||
Adjusted (ex-exceptional items) — derived | |||||||||||||
| 177 | 235 | 179 | 92.9 | 50.8 | 85.7 | 49.2 | 97.2 | 94.2 | 100 | 115 | 131 | ||
| 0.0 | 0.0 | 0.7 | −4.7 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | ||
| 132 | 177 | 135 | 69.4 | 38.0 | 65.0 | 31.9 | 71.4 | 69.3 | 76.7 | 91.4 | 101 | ||
| ₹2.87 | ₹3.85 | ₹2.94 | ₹1.52 | ₹0.83 | ₹1.42 | ₹0.70 | ₹1.56 | ₹1.51 | ₹1.67 | ₹1.99 | ₹4.40 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
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 | 1,301.8 | 1,346.4 | 1,090.4 | 1,124.6 | 1,130.9 | 1,266.6 | 1,291.2 | 1,486.7 | 1,484.2 | 1,466.5 | 1,594.2 | 1,450.7 | |
| Other Income | 38.7 | 37.3 | 28.8 | 19.7 | 9.0 | 24.9 | 30.4 | 19.2 | 32.4 | 25.3 | 39.1 | 17.0 | |
| Total Income | 1,340.4 | 1,383.8 | 1,119.3 | 1,144.4 | 1,139.9 | 1,291.5 | 1,321.6 | 1,505.9 | 1,516.5 | 1,491.8 | 1,633.4 | 1,467.7 | |
| Expenses | |||||||||||||
| + Cost of Materials Consumed | 995.9 | 832.3 | 750.7 | 767.5 | 758.4 | 790.0 | 822.5 | 870.7 | 1,010.0 | 790.0 | 837.4 | 929.7 | |
| + Purchases of Stock-in-Trade | 34.6 | 110.8 | 25.6 | 40.6 | 57.4 | 138.5 | 180.9 | 300.6 | 130.2 | 144.3 | 254.6 | 313.6 | |
| + Changes in Inventories | -98.2 | 60.3 | -0.6 | 7.1 | -20.4 | 57.9 | -30.2 | -2.2 | -17.9 | 54.1 | -12.5 | -277.6 | |
| + Employee Benefit Expense | 35.6 | 36.4 | 31.9 | 31.5 | 29.9 | 40.8 | 32.6 | 29.9 | 36.9 | 47.5 | 50.3 | 46.5 | |
| + Finance Costs | 3.0 | 3.4 | 3.4 | 4.3 | 2.9 | 6.2 | 5.5 | 9.1 | 5.5 | 7.4 | 2.5 | 3.2 | |
| + Depreciation & Amortisation | 30.1 | 30.3 | 30.8 | 31.3 | 31.9 | 31.8 | 35.5 | 35.1 | 33.4 | 33.7 | 33.3 | 33.9 | |
| + Other Expenses | 208.4 | 195.3 | 177.2 | 168.1 | 182.6 | 177.1 | 189.3 | 211.8 | 225.6 | 235.7 | 232.5 | 241.1 | |
| Total Expenses | 1,209.3 | 1,268.7 | 1,018.9 | 1,050.2 | 1,042.7 | 1,242.4 | 1,235.9 | 1,455.1 | 1,423.7 | 1,312.7 | 1,398.1 | 1,290.5 | |
| EBITDA | 125.5 | 111.4 | 105.7 | 110.0 | 123.0 | 62.3 | 96.3 | 75.9 | 99.4 | 194.9 | 231.9 | 197.3 | |
| EBIT | 95.5 | 81.1 | 74.9 | 78.8 | 91.1 | 30.5 | 60.8 | 40.8 | 66.0 | 161.2 | 198.6 | 163.4 | |
| Profit | |||||||||||||
| PBT before Exceptional Items | 131.1 | 115.1 | 100.3 | 94.2 | 97.2 | 49.2 | 85.7 | 50.8 | 92.9 | 179.1 | 235.3 | 177.2 | |
| + Exceptional Items | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | -4.7 | 0.7 | 0.0 | 0.0 | |
| Pretax Income | 131.1 | 115.1 | 100.3 | 94.2 | 97.2 | 49.2 | 85.7 | 50.8 | 88.2 | 179.8 | 235.3 | 177.2 | |
| + Current Tax | 26.4 | 19.9 | 23.6 | 21.6 | 29.2 | 10.4 | 19.2 | 11.2 | 19.7 | 43.4 | 56.5 | 45.0 | |
| + Deferred Tax | 3.9 | 3.8 | 0.1 | 3.3 | -3.4 | 6.9 | 1.5 | 1.6 | 2.6 | 1.0 | 2.0 | 0.4 | |
| Tax Expense | 30.3 | 23.7 | 23.6 | 24.9 | 25.8 | 17.3 | 20.7 | 12.8 | 22.3 | 44.4 | 58.5 | 45.4 | |
| Net Income | 100.8 | 91.4 | 76.7 | 69.3 | 71.4 | 31.9 | 65.0 | 38.0 | 65.9 | 135.3 | 176.8 | 131.8 | |
| + Net Income — Continuing Ops | 100.8 | 91.4 | 76.7 | 69.3 | 71.4 | 31.9 | 65.0 | 38.0 | 65.9 | 135.3 | 176.8 | 131.8 | |
| + Other Comprehensive Income | 0.1 | 0.3 | -0.2 | 0.2 | -0.1 | 0.1 | 0.3 | -1.0 | 0.8 | -0.2 | 0.2 | 0.2 | |
| Total Comprehensive Income | 100.9 | 91.7 | 76.6 | 69.5 | 71.3 | 32.0 | 65.3 | 37.1 | 66.7 | 135.1 | 177.0 | 132.0 | |
| Net Income to Common | 100.8 | 91.4 | 76.7 | 69.3 | 71.4 | 31.9 | 65.0 | 38.0 | 65.9 | 135.3 | — | — | |
| Minority Interest | 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 | 4.40 | 1.99 | 1.67 | 1.51 | 1.56 | 0.70 | 1.42 | 0.83 | 1.44 | 2.95 | 3.85 | 2.87 | |
| Diluted EPS | 4.40 | 1.99 | 1.67 | 1.51 | 1.56 | 0.70 | 1.42 | 0.83 | 1.44 | 2.95 | 3.85 | 2.87 | |
| Other Comprehensive Income — detail | |||||||||||||
| + Other Comprehensive Income | — | — | — | — | — | 0.1 | 0.3 | -1.0 | 0.8 | -0.2 | 0.2 | 0.2 | |
| + Items NOT to be Reclassified to P&L | 0.1 | -1.2 | -0.2 | -0.2 | -0.2 | -0.0 | -0.2 | -0.2 | -0.1 | -0.9 | -0.3 | -0.3 | |
| + Tax on Items NOT to be Reclassified | — | — | — | — | — | 0.0 | -0.0 | -0.0 | -0.0 | -0.2 | -0.1 | -0.1 | |
| + Tax on Items NOT to be Reclassified — alt tag | 0.0 | -0.3 | -0.1 | -0.1 | -0.1 | — | — | — | — | — | — | — | |
| + Items to be Reclassified to P&L | -0.1 | 1.7 | -0.0 | 0.4 | 0.1 | 0.2 | 0.6 | -1.1 | 1.1 | 0.6 | 0.6 | 0.6 | |
| + Tax on Items to be Reclassified | — | — | — | — | — | 0.0 | 0.1 | -0.3 | 0.3 | 0.1 | 0.2 | 0.1 | |
| + Tax on Items to be Reclassified — alt tag | -0.0 | 0.4 | 0.0 | 0.1 | 0.0 | — | — | — | — | — | — | — | |
| Comprehensive Income — Owners of Parent | 100.8 | 91.7 | 76.6 | 69.5 | 71.3 | 32.0 | 65.3 | 37.1 | 66.7 | 135.1 | — | — | |
| Comprehensive Income — Non-controlling Interests | 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 | 4.40 | 1.99 | 1.67 | 1.51 | 1.56 | 0.70 | 1.42 | 0.83 | 1.44 | 2.95 | 3.85 | 2.87 | |
| Diluted EPS — Continuing Operations | 4.40 | 1.99 | 1.67 | 1.51 | 1.56 | 0.70 | 1.42 | 0.83 | 1.44 | 2.95 | 3.85 | 2.87 | |
| Derived — Gross Profit (Revenue − Materials − Purchases − Δ Inventories) | |||||||||||||
| Gross Profit | 369.6 | 343.1 | 314.8 | 309.6 | 335.5 | 280.2 | 318.1 | 317.5 | 362.0 | 478.1 | 514.7 | 484.9 | |
| Gross Margin % | 28.39 | 25.48 | 28.87 | 27.53 | 29.66 | 22.12 | 24.64 | 21.36 | 24.39 | 32.60 | 32.29 | 33.43 | |
| Adjusted (ex-Exceptional Items) — derived | |||||||||||||
| Pretax Income (Adjusted, as filed) | 131.1 | 115.1 | 100.3 | 94.2 | 97.2 | 49.2 | 85.7 | 50.8 | 92.9 | 179.1 | 235.3 | 177.2 | |
| − Exceptional Items (reconciliation) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | -4.7 | 0.7 | 0.0 | 0.0 | |
| Net Income Adj (tax-effected) | 100.8 | 91.4 | 76.7 | 69.3 | 71.4 | 31.9 | 65.0 | 38.0 | 69.4 | 134.8 | 176.8 | 131.8 | |
| EPS Adj | 4.40 | 1.99 | 1.67 | 1.51 | 1.56 | 0.70 | 1.42 | 0.83 | 1.52 | 2.94 | 3.85 | 2.87 | |
| Other Filed Concepts — mapped but not yet placed in the schedule | |||||||||||||
| Face Value | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |
| Paid Up Equity Capital | 22.9 | 45.9 | 45.9 | 45.9 | 45.9 | 45.9 | 45.9 | 45.9 | 45.9 | 45.9 | 45.9 | 45.9 | |
Filed with NSE on Saturday, 24 October 2026 at 3:11 pm IST
Gujarat Ambuja Exports (NSE: GAEL) reported its Q2 FY27 results (July–September 2026) on Saturday, 24 October 2026 at 3:11 pm IST. Consolidated net profit was ₹132 crore, up 246.6% from ₹38 crore in Q2 FY26 and down 25.4% from ₹177 crore in Q1 FY27. Revenue from operations was ₹1,451 crore, down 2.4% year on year and down 9.0% from the previous quarter.
Consolidated net profit was ₹132 crore, up 246.6% from ₹38 crore in Q2 FY26 and down 25.4% from ₹177 crore in Q1 FY27.
Revenue from operations was ₹1,451 crore, down 2.4% year on year and down 9.0% from the previous quarter.
Operating profit (EBIT — revenue less operating expenses, before finance costs and other income) was ₹163 crore, a margin of 11.3%, against 12.5% in Q1 FY27 and 2.7% in Q2 FY26. EBITDA was ₹197 crore, 13.6% of revenue.
Net profit grew from a year earlier while revenue fell: net profit was up 246.6% at ₹132 crore, and revenue was down 2.4% at ₹1,451 crore. The operating margin was 11.3%, up 8.5 percentage points from 2.7% a year earlier. Against Q1 FY27, net profit was down 25.4% and revenue down 9.0%.
Net profit by quarter: ₹65.9 crore in Q3 FY26, ₹135 crore in Q4 FY26, ₹177 crore in Q1 FY27 and ₹132 crore in Q2 FY27. That is ₹510 crore over the four quarters, up 147.1% from ₹206 crore in the four quarters before. Revenue from operations: ₹1,484 crore, ₹1,467 crore, ₹1,594 crore and ₹1,451 crore.
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.
Basic earnings per share were ₹2.87, against ₹0.83 in Q2 FY26.
Consolidated net profit for the first half of FY27 (April–September 2026) was ₹309 crore, up 199.5% from ₹103 crore in the same months a year earlier. Revenue from operations was ₹3,045 crore, up 9.6%.
On Saturday, 24 October 2026 at 3:11 pm IST, in its results filing to the stock exchanges. A year earlier it reported Q2 FY26 on 8 November 2025.
Gujarat Ambuja Exports' net profit margin was 9.1% in Q2 FY27 (net profit as a share of revenue from operations), against 2.6% in Q2 FY26 (up 6.5 percentage points). For FY26 as a whole it was 5.3%.
Consolidated net profit was ₹304 crore in FY26 (April 2025–March 2026), up 22.0% from ₹249 crore in FY25. It was ₹346 crore in FY24 and ₹330 crore in FY23: down 7.8% over three years, an average fall of 2.7% a year.
Revenue from operations was ₹5,729 crore in FY26 (April 2025–March 2026), up 24.2% from ₹4,613 crore in FY25. It was ₹4,927 crore in FY24 and ₹4,909 crore in FY23: up 16.7% over three years, 5.3% a year on average.
From Gujarat Ambuja Exports' own consolidated results filings to NSE, in ₹ crore as filed (Q2 FY27 on 24 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.