Galaxy Surfactants Q2 FY27 Results Hit A New High With Net Profit Jumping 80% And Revenue Surging 36.4%, Strong India And AMET Demand Powers EBITDA Growth Of 68.4% To ₹195.9 Crore
Mumbai: Galaxy Surfactants reported an 80.2 per cent year-on-year surge in net profit to ₹119.8 crore for the second quarter ended September 30, 2026, compared with ₹66.5 crore in the corresponding period last year. The specialty chemicals manufacturer delivered strong revenue and operating earnings growth, supported by higher sales volumes and encouraging demand across key markets. Augmont…
Mumbai: Cummins India saw a 4% increase in standalone sales to ₹3,247 crore for the second quarter ending September 30, 2026, bolstered by both domestic demand and export growth. However, the profit margin contracted as rising commodity prices, freight costs, and a shift in product mix impacted margins during the July-September quarter.
Sales Performance: Cummins India's standalone total sales grew 4% year-on-year, but they fell 4% compared to the previous quarter, indicating weaker performance than in the April-June period. The company continued to see demand in several domestic industrial and infrastructure sectors.
Q2 FY27 Profit: Profit before tax (PBT) for Q2 FY27 was ₹601 crore, a 28.4% decline compared to the same quarter last year. Sequentially, PBT dropped 16.6% compared to the previous quarter. The company's profit after tax was ₹467 crore, resulting in a net profit margin of 14.4%.
Domestic Business: Domestic sales reached ₹2,692 crore during the September quarter, marking a 5% increase year-on-year. However, domestic revenue declined 6% compared to the previous quarter, with domestic operations remaining the largest contributor to overall sales.
Export Growth: Export sales increased by 2% year-on-year to ₹555 crore. On a sequential basis, exports grew by 6%, outperforming domestic sales during the quarter and providing additional support to overall revenue performance.
Industry Outlook: Managing Director Adegbile Adewunmi noted that domestic demand remained robust, particularly in data centers, manufacturing, and real estate. However, commodity and freight inflation, along with changes in product mix, put pressure on quarterly margins. Investors will closely watch Cummins India's ability to manage input costs and maintain operating margins as the company navigates the booming data center segment driven by AI and data localization.
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