Pearl Global Q2 Profit Soars 75% To ₹126 Crore, Revenue Jumps 37% As Board Announces ₹5 Dividend
Mumbai: Pearl Global Industries Limited reported a 74.7 percent year-on-year increase in consolidated net profit to Rs 125.76 crore for the quarter ended September 30, 2026, compared with Rs 71.97 crore in the corresponding quarter last year. Revenue from operations climbed 37.2 percent to Rs 1,801.53 crore from Rs 1,312.93 crore, reflecting a substantial expansion in the company's reported…
Pearl Global Industries Ltd. experienced a significant surge in profits for the second quarter of 2026, with net profit soaring by 74.7% to Rs 125.76 crore. This marks a sharp contrast to the previous year's figure of Rs 71.97 crore. Alongside this, the company's revenue from operations saw a 37.2% increase, reaching Rs 1,801.53 crore as opposed to Rs 1,312.93 crore reported in the same period last year.
These impressive numbers saw total consolidated income soar to Rs 1,811.38 crore, up from Rs 1,321.08 crore a year prior. However, expenses grew by 34.9% to Rs 1,674.78 crore, compared to Rs 1,241.72 crore recorded in the year-ago quarter.
Looking sequentially, the company's revenue climbed 17.9% compared to the June quarter, reaching Rs 1,528.26 crore. Net profit also rose 26.7% sequentially, hitting Rs 99.23 crore. Profit before tax saw a notable increase of 69.8% to Rs 134.77 crore, compared to Rs 79.37 crore in the previous year's quarter. Over the six months ending September 2026, Pearl Global's total revenue expanded by 31.1% to Rs 3,329.79 crore, compared with Rs 2,540.85 crore a year earlier.
The company's net profit for this period increased 63.6% to Rs 224.99 crore, compared with Rs 137.53 crore in the corresponding prior period.
In a notable move for shareholders, the board declared an interim dividend of Rs 5 per equity share, representing the full face value. This dividend will be paid within 30 days of its declaration. On November 13, 2026, the company's record date was set, after which eligible shareholders will receive the dividend. The company also completed a 1:1 bonus share allotment during the quarter, effectively doubling the number of shares held by eligible shareholders.
Additionally, Pearl Global reported consolidated exceptional expenses of Rs 1.63 crore, primarily due to property-related matters. The company's statutory auditors issued an unmodified limited-review conclusion on the unaudited financial results.
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