KRBL shares rally 9% after Q2 net profit jumps 51% YoY
KRBL shares jumped nearly 9% after the company reported a 51% rise in second-quarter profit, supported by strong domestic sales and improved operating performance. Revenue increased 14%, while EBITDA climbed sharply, reinforcing positive momentum in the stock.
On Tuesday, KRBL shares experienced a notable surge of 8.71%, reaching Rs 394.60 in trading. This increase came in response to the company's strong Q2FY27 performance, with domestic business growth and improved profitability. The company's consolidated revenue from operations rose 14% year-on-year to Rs 1,727.4 crore, primarily driven by higher domestic revenue.
Moreover, consolidated net profit jumped 51% year-on-year to Rs 259 crore, compared to Rs 172 crore in the same quarter last year. EBITDA also saw a significant improvement, rising to Rs 373 crore in Q2FY27 from Rs 257 crore in the previous year.
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