| ₹ crore | Q2 FY27 | Q2 FY26 | Change |
|---|---|---|---|
| Revenue | 1,405 | 908 | +54.9% |
| EBITDA | 256 | 123 | +109.1% |
| EBITDA margin | 18.2% | 13.5% | +4.7 pts |
| Profit before tax | 95.5 | −10.3 | — |
| Net profit | 70.6 | −9.5 | — |
| EPS | ₹3.88 | −₹0.53 | — |
| 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 |
|---|
| 1,405 | 1,217 | 1,217 | 1,099 | 908 | 1,015 | 947 | 1,074 | 1,054 | 1,005 | 1,023 | 1,058 | Earlier quartersEvery year the company has filed comes with Alpha Plus. | |
| 4.2 | 3.4 | 1.9 | 1.8 | 5.8 | 3.6 | 11.5 | 3.6 | 2.5 | 9.0 | 18.6 | 1.5 | ||
| 1,410 | 1,220 | 1,219 | 1,100 | 913 | 1,019 | 959 | 1,077 | 1,056 | 1,014 | 1,042 | 1,059 | ||
Expenses | |||||||||||||
| 691 | 631 | 577 | 552 | 438 | 483 | 506 | 550 | 524 | 496 | 469 | 523 | ||
| 0.0 | 0.0 | 1.2 | 1.3 | 2.4 | 0.5 | 2.5 | 0.0 | 0.0 | 2.0 | 0.0 | 0.0 | ||
| −28.7 | −71.6 | 45.8 | 52.7 | −6.6 | 14.6 | −27.5 | −103 | −66.8 | −91.3 | −30.6 | −25.6 | ||
| 77.8 | 75.5 | 57.0 | 66.7 | 68.6 | 66.5 | 57.0 | 65.4 | 66.1 | 66.6 | 61.5 | 50.8 | ||
| 61.6 | 57.1 | 57.3 | 51.1 | 53.3 | 48.6 | 48.6 | 42.2 | 38.5 | 37.8 | 35.7 | 41.0 | ||
| 103 | 99.4 | 88.4 | 84.4 | 80.4 | 79.7 | 84.7 | 63.8 | 60.4 | 62.5 | 71.9 | 67.6 | ||
| 409 | 364 | 327 | 263 | 282 | 302 | 311 | 330 | 298 | 323 | 306 | 285 | ||
| 1,313 | 1,155 | 1,154 | 1,071 | 919 | 995 | 982 | 948 | 920 | 897 | 913 | 942 | ||
| 256 | 218 | 208 | 163 | 123 | 149 | 98.5 | 232 | 233 | 208 | 217 | 224 | ||
| 154 | 119 | 120 | 79.0 | 42.2 | 68.9 | 13.8 | 168 | 172 | 145 | 146 | 157 | ||
Profit | |||||||||||||
| 96.1 | 65.3 | 64.3 | 29.7 | −5.4 | 24.0 | −23.4 | 129 | 136 | 117 | 128 | 117 | ||
| −0.7 | 0.0 | −0.3 | −10.4 | −4.8 | −6.7 | −0.3 | −0.1 | −0.3 | −0.4 | −0.2 | 0.0 | ||
| 95.5 | 65.3 | 64.0 | 19.3 | −10.3 | 17.3 | −23.6 | 129 | 136 | 116 | 128 | 117 | ||
| 0.2 | 0.0 | −4.8 | 1.8 | 1.5 | 1.5 | −38.6 | 29.9 | 33.1 | 37.7 | 27.2 | 30.9 | ||
| 24.7 | 17.8 | 7.7 | 2.7 | −2.3 | 4.0 | −185 | −0.4 | −5.2 | −2.5 | 7.2 | −0.4 | ||
| 24.9 | 17.9 | 2.9 | 4.5 | −0.8 | 5.5 | −223 | 29.4 | 27.8 | 35.2 | 34.4 | 30.5 | ||
| 0.0 | −0.6 | −5.2 | −1.2 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | ||
| 70.6 | 46.9 | 55.9 | 13.6 | −9.5 | 11.8 | 200 | 99.6 | 190 | 80.9 | 93.8 | 86.9 | ||
| 70.6 | 47.5 | 61.1 | 14.7 | −9.5 | 11.8 | 200 | 99.6 | 108 | 80.9 | 93.8 | 86.9 | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 81.6 | 0.0 | 0.0 | 0.0 | ||
| −1.3 | 0.6 | 2.1 | −1.0 | 2.0 | −1.2 | 3.5 | −1.7 | −1.2 | −1.2 | −4.4 | −0.3 | ||
| 69.3 | 47.5 | 58.1 | 12.5 | −7.5 | 10.6 | 203 | 98.0 | 189 | 79.7 | 89.4 | 86.5 | ||
| 70.6 | 46.9 | 55.9 | 13.6 | −9.5 | 11.8 | 200 | 99.6 | 189 | 80.9 | 93.8 | 86.9 | ||
Per share | |||||||||||||
| ₹3.88 | ₹2.58 | ₹3.09 | ₹0.75 | −₹0.53 | ₹0.65 | ₹11.04 | ₹5.51 | ₹10.49 | ₹4.48 | ₹5.19 | ₹5.02 | ||
| ₹3.80 | ₹2.53 | ₹3.07 | ₹0.75 | −₹0.52 | ₹0.65 | ₹11.04 | ₹5.51 | ₹10.48 | ₹4.47 | ₹5.19 | ₹5.02 | ||
Continuing & discontinued operations | |||||||||||||
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 96.6 | 0.0 | 0.0 | 0.0 | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 15.0 | 0.0 | 0.0 | 0.0 | ||
Other comprehensive income — detail | |||||||||||||
| −1.3 | 0.6 | 2.1 | −1.0 | 2.0 | −1.2 | 3.5 | — | — | — | — | — | ||
| −0.9 | −0.9 | −3.0 | −0.4 | −0.5 | −0.7 | 2.9 | −1.6 | −1.7 | −1.7 | −5.8 | −0.5 | ||
| 0.0 | 0.0 | −0.8 | 0.0 | −0.1 | −0.1 | 0.7 | — | — | — | — | — | ||
| — | — | — | — | — | — | — | −0.4 | −0.4 | −0.4 | −1.4 | −0.1 | ||
| −0.3 | 1.5 | 4.4 | −0.7 | 2.4 | −0.7 | 1.4 | −0.4 | −0.0 | −0.0 | 0.0 | — | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | −0.0 | — | — | — | — | — | ||
| — | — | — | — | — | — | — | 0.0 | 0.0 | −0.0 | 0.0 | −0.0 | ||
| 69.3 | 47.5 | 58.1 | 12.5 | −7.5 | 10.6 | 203 | 98.0 | — | 79.7 | 89.4 | 86.5 | ||
Per share — as-filed variants | |||||||||||||
| ₹3.88 | ₹2.58 | ₹3.09 | ₹0.75 | −₹0.53 | ₹0.65 | ₹11.04 | ₹5.51 | ₹5.98 | ₹4.48 | ₹5.19 | ₹5.02 | ||
| ₹3.80 | ₹2.53 | ₹3.07 | ₹0.75 | −₹0.52 | ₹0.65 | ₹11.04 | ₹5.51 | ₹5.97 | ₹4.47 | ₹5.19 | ₹5.02 | ||
| ₹0.00 | ₹0.00 | ₹0.00 | ₹0.00 | ₹0.00 | ₹0.00 | ₹0.00 | ₹0.00 | ₹4.51 | ₹0.00 | ₹0.00 | ₹0.00 | ||
| ₹0.00 | ₹0.00 | ₹0.00 | ₹0.00 | ₹0.00 | ₹0.00 | ₹0.00 | ₹0.00 | ₹4.51 | ₹0.00 | ₹0.00 | ₹0.00 | ||
Derived — gross profit (revenue − materials − purchases − Δ inventories) | |||||||||||||
| 743 | 658 | 593 | 493 | 473 | 517 | 466 | 627 | 597 | 598 | 585 | 560 | ||
| 52.9% | 54.0% | 48.7% | 44.9% | 52.2% | 50.9% | 49.2% | 58.4% | 56.6% | 59.5% | 57.2% | 53.0% | ||
Adjusted (ex-exceptional items) — derived | |||||||||||||
| 96.1 | 65.3 | 64.3 | 29.7 | −5.4 | 24.0 | −23.4 | 129 | 136 | 117 | 128 | 117 | ||
| −0.7 | 0.0 | −0.3 | −10.4 | −4.8 | −6.7 | −0.3 | −0.1 | −0.3 | −0.4 | −0.2 | 0.0 | ||
| 71.1 | 46.9 | 56.2 | 21.5 | −5.0 | 16.3 | 200 | 99.7 | 190 | 81.2 | 94.0 | 86.9 | ||
| ₹3.91 | ₹2.58 | ₹3.10 | ₹1.19 | −₹0.28 | ₹0.90 | ₹11.05 | ₹5.51 | ₹10.51 | ₹4.50 | ₹5.20 | ₹5.02 | ||
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 | 1,057.8 | 1,023.3 | 1,005.0 | 1,053.6 | 1,073.8 | 947.2 | 1,015.3 | 907.5 | 1,098.5 | 1,216.8 | 1,216.7 | 1,405.4 | |
| Other Income | 1.5 | 18.6 | 9.0 | 2.5 | 3.6 | 11.5 | 3.6 | 5.8 | 1.8 | 1.9 | 3.4 | 4.2 | |
| Total Income | 1,059.3 | 1,041.8 | 1,014.0 | 1,056.1 | 1,077.4 | 958.7 | 1,018.9 | 913.3 | 1,100.3 | 1,218.7 | 1,220.1 | 1,409.6 | |
| Expenses | |||||||||||||
| + Cost of Materials Consumed | 523.0 | 469.0 | 496.5 | 523.9 | 550.4 | 506.0 | 482.9 | 438.5 | 551.5 | 577.2 | 630.7 | 690.7 | |
| + Purchases of Stock-in-Trade | 0.0 | 0.0 | 2.0 | 0.0 | 0.0 | 2.5 | 0.5 | 2.4 | 1.3 | 1.2 | 0.0 | 0.0 | |
| + Changes in Inventories | -25.6 | -30.6 | -91.3 | -66.8 | -103.4 | -27.5 | 14.6 | -6.6 | 52.7 | 45.8 | -71.6 | -28.7 | |
| + Employee Benefit Expense | 50.8 | 61.5 | 66.6 | 66.1 | 65.4 | 57.0 | 66.5 | 68.6 | 66.7 | 57.0 | 75.5 | 77.8 | |
| + Finance Costs | 41.0 | 35.7 | 37.8 | 38.5 | 42.2 | 48.6 | 48.6 | 53.3 | 51.1 | 57.3 | 57.1 | 61.6 | |
| + Depreciation & Amortisation | 67.6 | 71.9 | 62.5 | 60.4 | 63.8 | 84.7 | 79.7 | 80.4 | 84.4 | 88.4 | 99.4 | 102.7 | |
| + Other Expenses | 285.1 | 305.9 | 323.4 | 297.7 | 329.8 | 310.7 | 302.1 | 282.2 | 262.9 | 327.4 | 363.7 | 409.4 | |
| Total Expenses | 942.0 | 913.4 | 897.5 | 919.8 | 948.3 | 982.0 | 994.9 | 918.7 | 1,070.6 | 1,154.3 | 1,154.8 | 1,313.5 | |
| EBITDA | 224.5 | 217.5 | 207.8 | 232.7 | 231.5 | 98.5 | 148.6 | 122.5 | 163.4 | 208.2 | 218.5 | 256.2 | |
| EBIT | 156.9 | 145.6 | 145.4 | 172.4 | 167.7 | 13.8 | 68.9 | 42.2 | 79.0 | 119.7 | 119.0 | 153.5 | |
| Profit | |||||||||||||
| PBT before Exceptional Items | 117.4 | 128.4 | 116.5 | 136.4 | 129.1 | -23.4 | 24.0 | -5.4 | 29.7 | 64.3 | 65.3 | 96.1 | |
| + Exceptional Items | 0.0 | -0.2 | -0.4 | -0.3 | -0.1 | -0.3 | -6.7 | -4.8 | -10.4 | -0.3 | 0.0 | -0.7 | |
| Pretax Income | 117.4 | 128.3 | 116.1 | 136.0 | 129.1 | -23.6 | 17.3 | -10.3 | 19.3 | 64.0 | 65.3 | 95.5 | |
| + Current Tax | 30.9 | 27.2 | 37.7 | 33.1 | 29.9 | -38.6 | 1.5 | 1.5 | 1.8 | -4.8 | 0.0 | 0.2 | |
| + Deferred Tax | -0.4 | 7.2 | -2.5 | -5.2 | -0.4 | -184.9 | 4.0 | -2.3 | 2.7 | 7.7 | 17.8 | 24.7 | |
| Tax Expense | 30.5 | 34.4 | 35.2 | 27.8 | 29.4 | -223.5 | 5.5 | -0.8 | 4.5 | 2.9 | 17.9 | 24.9 | |
| + Share of Associates & JVs | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | -1.2 | -5.2 | -0.6 | 0.0 | |
| Net Income | 86.9 | 93.8 | 80.9 | 189.8 | 99.6 | 199.8 | 11.8 | -9.5 | 13.6 | 55.9 | 46.9 | 70.6 | |
| + Net Income — Continuing Ops | 86.9 | 93.8 | 80.9 | 108.2 | 99.6 | 199.8 | 11.8 | -9.5 | 14.7 | 61.1 | 47.5 | 70.6 | |
| + Net Income — Discontinued Ops | 0.0 | 0.0 | 0.0 | 81.6 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
| + Other Comprehensive Income | -0.3 | -4.4 | -1.2 | -1.2 | -1.7 | 3.5 | -1.2 | 2.0 | -1.0 | 2.1 | 0.6 | -1.3 | |
| Total Comprehensive Income | 86.5 | 89.4 | 79.7 | 188.5 | 98.0 | 203.3 | 10.6 | -7.5 | 12.5 | 58.1 | 47.5 | 69.3 | |
| Net Income to Common | 86.9 | 93.8 | 80.9 | 188.5 | 99.6 | 199.8 | 11.8 | -9.5 | 13.6 | 55.9 | 46.9 | 70.6 | |
| Per Share | |||||||||||||
| Basic EPS | 5.02 | 5.19 | 4.48 | 10.49 | 5.51 | 11.04 | 0.65 | -0.53 | 0.75 | 3.09 | 2.58 | 3.88 | |
| Diluted EPS | 5.02 | 5.19 | 4.47 | 10.48 | 5.51 | 11.04 | 0.65 | -0.52 | 0.75 | 3.07 | 2.53 | 3.80 | |
| Continuing & Discontinued Operations | |||||||||||||
| + Discontinued Operations — before Tax | 0.0 | 0.0 | 0.0 | 96.6 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
| + Tax — Discontinued Operations | 0.0 | 0.0 | 0.0 | 15.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
| Other Comprehensive Income — detail | |||||||||||||
| + Other Comprehensive Income | — | — | — | — | — | 3.5 | -1.2 | 2.0 | -1.0 | 2.1 | 0.6 | -1.3 | |
| + Items NOT to be Reclassified to P&L | -0.5 | -5.8 | -1.7 | -1.7 | -1.6 | 2.9 | -0.7 | -0.5 | -0.4 | -3.0 | -0.9 | -0.9 | |
| + Tax on Items NOT to be Reclassified | — | — | — | — | — | 0.7 | -0.1 | -0.1 | 0.0 | -0.8 | 0.0 | 0.0 | |
| + Tax on Items NOT to be Reclassified — alt tag | -0.1 | -1.4 | -0.4 | -0.4 | -0.4 | — | — | — | — | — | — | — | |
| + Items to be Reclassified to P&L | — | 0.0 | -0.0 | -0.0 | -0.4 | 1.4 | -0.7 | 2.4 | -0.7 | 4.4 | 1.5 | -0.3 | |
| + Tax on Items to be Reclassified | — | — | — | — | — | -0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
| + Tax on Items to be Reclassified — alt tag | -0.0 | 0.0 | -0.0 | 0.0 | 0.0 | — | — | — | — | — | — | — | |
| Comprehensive Income — Owners of Parent | 86.5 | 89.4 | 79.7 | — | 98.0 | 203.3 | 10.6 | -7.5 | 12.5 | 58.1 | 47.5 | 69.3 | |
| Per Share — as-filed variants | |||||||||||||
| Basic EPS — Continuing Operations | 5.02 | 5.19 | 4.48 | 5.98 | 5.51 | 11.04 | 0.65 | -0.53 | 0.75 | 3.09 | 2.58 | 3.88 | |
| Diluted EPS — Continuing Operations | 5.02 | 5.19 | 4.47 | 5.97 | 5.51 | 11.04 | 0.65 | -0.52 | 0.75 | 3.07 | 2.53 | 3.80 | |
| Basic EPS — Discontinued Operations | 0.00 | 0.00 | 0.00 | 4.51 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Diluted EPS — Discontinued Operations | 0.00 | 0.00 | 0.00 | 4.51 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Derived — Gross Profit (Revenue − Materials − Purchases − Δ Inventories) | |||||||||||||
| Gross Profit | 560.4 | 584.9 | 597.8 | 596.6 | 626.7 | 466.2 | 517.2 | 473.3 | 493.0 | 592.6 | 657.6 | 743.4 | |
| Gross Margin % | 52.98 | 57.16 | 59.48 | 56.62 | 58.37 | 49.22 | 50.94 | 52.15 | 44.88 | 48.70 | 54.05 | 52.89 | |
| Adjusted (ex-Exceptional Items) — derived | |||||||||||||
| Pretax Income (Adjusted, as filed) | 117.4 | 128.4 | 116.5 | 136.4 | 129.1 | -23.4 | 24.0 | -5.4 | 29.7 | 64.3 | 65.3 | 96.1 | |
| − Exceptional Items (reconciliation) | 0.0 | -0.2 | -0.4 | -0.3 | -0.1 | -0.3 | -6.7 | -4.8 | -10.4 | -0.3 | 0.0 | -0.7 | |
| Net Income Adj (tax-effected) | 86.9 | 94.0 | 81.2 | 190.0 | 99.7 | 199.9 | 16.3 | -5.0 | 21.5 | 56.2 | 46.9 | 71.1 | |
| EPS Adj | 5.02 | 5.20 | 4.50 | 10.51 | 5.51 | 11.05 | 0.90 | -0.28 | 1.19 | 3.10 | 2.58 | 3.91 | |
| Other Filed Concepts — mapped but not yet placed in the schedule | |||||||||||||
| Face Value | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | |
| Paid Up Equity Capital | 36.2 | 36.2 | 36.2 | 36.2 | 36.2 | 36.2 | 36.2 | 36.2 | 36.2 | 36.3 | 36.4 | 37.0 | |
Filed with NSE on Friday, 30 October 2026 at 4:23 pm IST
Ramkrishna Forgings (NSE: RKFORGE) reported its Q2 FY27 results (July–September 2026) on Friday, 30 October 2026 at 4:23 pm IST. Consolidated net profit was ₹70.6 crore, against a loss of ₹9.5 crore in Q2 FY26 and up 50.6% from ₹46.9 crore in Q1 FY27. Revenue from operations was ₹1,405 crore, up 54.9% year on year and up 15.5% from the previous quarter.
Consolidated net profit was ₹70.6 crore, against a loss of ₹9.5 crore in Q2 FY26 and up 50.6% from ₹46.9 crore in Q1 FY27.
Revenue from operations was ₹1,405 crore, up 54.9% year on year and up 15.5% from the previous quarter.
Consolidated net profit for the first half of FY27 (April–September 2026) was ₹117 crore. Revenue from operations was ₹2,622 crore, up 36.4%.
A net profit of ₹70.6 crore, against a loss of ₹9.5 crore in Q2 FY26. Revenue was up 54.9% at ₹1,405 crore. The operating margin was 10.9%, up 6.3 percentage points from 4.6% a year earlier. Against Q1 FY27, net profit was up 50.6% and revenue up 15.5%.
Operating profit (EBIT — revenue less operating expenses, before finance costs and other income) was ₹154 crore, a margin of 10.9%, against 9.8% in Q1 FY27 and 4.6% in Q2 FY26. EBITDA was ₹256 crore, 18.2% of revenue.
Ramkrishna Forgings' net profit margin was 5.0% in Q2 FY27 (net profit as a share of revenue from operations), against −1.0% in Q2 FY26 (up 6.1 percentage points). For FY26 as a whole it was 1.7%.
Basic earnings per share were ₹3.88.
Revenue from operations was ₹4,238 crore in FY26 (April 2025–March 2026), up 5.1% from ₹4,034 crore in FY25. It was ₹3,955 crore in FY24 and ₹3,193 crore in FY23: up 32.7% over three years, 9.9% a year on average.
On Friday, 30 October 2026 at 4:23 pm IST, in its results filing to the stock exchanges. A year earlier it reported Q2 FY26 on 12 November 2025.
Net profit by quarter: ₹13.6 crore in Q3 FY26, ₹55.9 crore in Q4 FY26, ₹46.9 crore in Q1 FY27 and ₹70.6 crore in Q2 FY27. That is ₹187 crore over the four quarters, down 38.0% from ₹302 crore in the four quarters before. Revenue from operations: ₹1,099 crore, ₹1,217 crore, ₹1,217 crore and ₹1,405 crore.
Consolidated net profit was ₹71.8 crore in FY26 (April 2025–March 2026), down 82.7% from ₹415 crore in FY25. It was ₹341 crore in FY24 and ₹248 crore in FY23: down 71.1% over three years, an average fall of 33.9% a year.
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.
Yes. The board declared an interim dividend of ₹2 per share on 30 October 2026. The record date is 6 November 2026.
From Ramkrishna Forgings' own consolidated results filings to NSE, in ₹ crore as filed (Q2 FY27 on 30 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.