Flair Writing Sells More But Earns Less In Q2 FY27, Revenue Climbs 6% To ₹340.1 Crore While Net Profit Sinks 26% To ₹31.7 Crore

Flair Writing Industries Limited revealed a 25.8% year-over-year drop in net profit for Q2 FY27, with consolidated profits falling to ₹31.7 crore, compared to ₹42.7 crore in the same period last year. The company's revenue from operations grew 6% to ₹340.1 crore, up from ₹320.9 crore in Q2 FY26, according to their regulatory filing on November 2.

Despite a 16.2% decrease in EBITDA to ₹50.6 crore and a contracting EBITDA margin to 14.9%, the company's profit exhibited sequential growth. Net profit rose 9.1% quarter-on-quarter, from ₹29.1 crore in Q1 FY27 to ₹31.7 crore in Q2 FY27, while revenue increased 6.5% sequentially, from ₹319.2 crore to ₹340.1 crore.

For the six months ending September 30, 2026, Flair reported a 15.2% decline in consolidated net profit to ₹60.8 crore, down from ₹71.7 crore in H1 FY26. Revenue rose 8.2% to ₹659.4 crore, up from ₹609.5 crore, while EBITDA declined 5.5% to ₹103.9 crore, narrowing the EBITDA margin to 15.8% from 18%.

Domestic sales increased 5.5% sequentially to ₹292 crore, while export sales grew 13% to ₹49 crore. The Creative Products segment saw a 10% quarter-over-quarter growth, still impacted by a 15-day manufacturing disruption at its Valsad and Daman facilities.

The board approved an interim dividend of ₹0.50 per equity share, citing domestic demand and broadened portfolio as key drivers behind the company's sequential business growth. Managing Director Vimalchand Rathod emphasized the diversification into Creative Products and steel bottles and houseware.