Pricol shares jump 8% after Q2 results; net profit rises 33% YoY to Rs 85 crore
Pricol shares rallied after the company reported strong Q2FY27 results, with consolidated net profit rising 33% and revenue increasing 35% year-on-year. The company also highlighted business recognitions, operational priorities and a positive trend across key moving averages.
Pricol's shares surged by 8.28%, reaching Rs 732.60 following the company's strong Q2FY27 results. Net profit increased by 33% year-on-year to Rs 85 crore, compared to Rs 64 crore in the same quarter last year. Revenue from operations grew 35% to Rs 1,334 crore, up from Rs 988 crore in the same period last year. The company's H1FY27 financial performance saw a consolidated profit after tax of Rs 152.23 crore, marking a 33.68% YoY growth.
During Q2FY27, Pricol received several accolades, including recognition as an Iconic Brand of India 2026 and the Best Production Ramp-Up Support Award from TVS Motor Company. Management expressed confidence in the company's ability to adapt to changing market dynamics and customer expectations, emphasizing technological advancement, product development, quality, and reliability.
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