{
  "id": 17216675,
  "title": "MSafe Equipments Reports Strong Q2 FY27: Revenue Climbs To ₹40.38 Crore, PAT Jumps To ₹8.49 Crore, Rental Business Now 52% Of Revenue",
  "url": "https://urgent.news/2026/10/30/msafe-equipments-reports-strong-q2-fy27-revenue-climbs-to-40-38-crore",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-30T10:11:49.000Z",
  "source": {
    "name": "Free Press Journal",
    "slug": "free-press-journal",
    "url": "https://www.freepressjournal.in/business/msafe-equipments-reports-strong-q2-fy27-revenue-climbs-to-4038-crore-pat-jumps-to-849-crore-rental-business-now-52-of-revenue"
  },
  "original_language": "en",
  "account": "MSafe Equipments Limited reported impressive financial results for the second quarter and first half of the fiscal year 2027, ending on October 30, 2026. Revenue from operations surged by 53.59% year-over-year, reaching ₹40.38 crore. Profit after tax (PAT) also increased significantly, jumping to ₹8.49 crore from ₹5.46 crore in the previous quarter. For the first half of the fiscal year, revenue climbed to ₹72.17 crore, reflecting a 47.25% growth compared to the same period last year. Earnings Before Interest, Taxes, Depreciation, and Amortisation (EBITDA) for Q2 FY27 stood at ₹15.60 crore, marking a 49.63% increase from the previous quarter's ₹10.43 crore. While the EBITDA margin slightly decreased by 102 basis points to 38.65%, the PAT margin improved by 25 basis points to 21.02%. Pradeep Aggarwal, Chairman and Managing Director of MSafe Equipments Limited, highlighted the growth of their rental business, which contributed 52% of total revenue in Q2 FY27. He attributed this success to expanded rental assets and operating leverage, enabling the company to maintain margins despite an inflationary environment. MSafe Equipments has also made strides in capacity and network expansion. The company has expanded its warehouse network from 21 to 24 locations, and its installed MS scaffolding capacity is projected to rise from 9,000 tonnes to 15,000 tonnes to accommodate increasing customer demand. Additionally, Indegene announced strong Q2 FY27 performance, with revenue from operations jumping 39.5% to ₹1,122.3 crore and PAT increasing by 10%. MSafe Equipments has initiated trial runs for its 500 TPA aluminium formwork vertical, with plans to commercialize the new product by December 2026 and expects its integrated manufacturing facility to become operational by May 2027.",
  "summary": "Mumbai: MSafe Equipments Limited announced its financial and operational performance for the second quarter and first half of the financial year 2027 on 30 October 2026. The company’s revenue from operations for Q2 FY27 stood at ₹40.38 crore, a 53.59% increase compared to ₹26.29 crore in Q2 FY26. Profit after tax (PAT) rose to ₹8.49 crore from ₹5.46 crore in the year-ago period. Financial…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}