IRB Infra Q2 profit rises 85% to ₹260 crore on toll revenue growth

Mumbai-based Vellora Impact Limited (BSE: 531257) announced a significant surge in its first-half FY27 profit, reaching ₹12.63 crore, up markedly from ₹4.49 crore in the same period last year. The company's restructuring efforts have shifted its focus towards agriculture and IT services, marking a substantial departure from its past chemical manufacturing and trading operations.

Revenue from operations saw an impressive rise to ₹290.56 crore from just ₹3.33 crore a year ago, primarily driven by the agricultural sector, which contributed ₹279.42 crore, or around 96.2 percent of the total revenue. IT-enabled services generated ₹11.14 crore. The company did not report any earnings from its former chemical manufacturing business during this period.

EBITDA for H1 FY27 stood at ₹16.91 crore, giving an EBITDA margin of about 5.82 percent. Earnings per share climbed to ₹22.67 from ₹8.05 in the previous year. The company's September quarter saw revenue of ₹148.64 crore, a significant improvement from ₹2.17 crore in Q2 FY26, with quarterly EBITDA increasing by 36.1 percent to ₹8.92 crore.

Managers at Vellora Impact emphasized that while revenue expansion is notable, the shift in business mix has resulted in varied profitability. The company's primary operations now include agriculture (grains, pulses, and fresh vegetables) and IT services (software development, ERP solutions, and infrastructure support). They plan to strengthen operations, enhance customer relationships, and further develop both business units as they establish a more stable track record in these new areas.