{
  "id": 18483438,
  "title": "Rico Auto Industries Slips Into Red In Q2 FY27, Revenue Surges 36% To ₹852.36 Crore As Expenses Outpace Growth",
  "url": "https://urgent.news/2026/11/06/rico-auto-industries-slips-into-red-in-q2-fy27-revenue-surges-36-to",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-06T09:58:26.000Z",
  "source": {
    "name": "Free Press Journal",
    "slug": "free-press-journal",
    "url": "https://www.freepressjournal.in/business/rico-auto-industries-slips-into-red-in-q2-fy27-revenue-surges-36-to-85236-crore-as-expenses-outpace-growth"
  },
  "original_language": "en",
  "account": "Rico Auto Industries reported a net loss for Q2 FY27, marking a reversal from the profit recorded in the same quarter last year. Despite revenue growth, the company's expenses surged 47.16% to ₹888.94 crore, outpacing revenue growth and eroding earnings. Total revenue from operations increased 35.86% year-on-year to ₹852.36 crore, compared to ₹627.36 crore in Q2 FY26. Net income rose to ₹856 crore, but this was offset by total expenses, resulting in a consolidated loss before tax of ₹33.16 crore. Basic and diluted earnings per share turned negative at ₹1.97, down from positive earnings of ₹1.31 per share in Q2 FY26. The auto component manufacturer's profitability is under pressure due to mounting cost costs and the company's ability to restore profitability while sustaining revenue growth will be crucial in future quarters.",
  "summary": "Mumbai: Rico Auto Industries Limited slipped into the red during the second quarter ended September 30, 2026, as sharply rising expenditure outweighed strong revenue growth, putting pressure on the auto component manufacturer's profitability. The company reported a consolidated net loss during Q2 FY27 , reversing the profit recorded in the corresponding quarter last year. Revenue Growth Revenue…",
  "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."
}