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Q2FY26 Quarterly Result Announced for Paramount Communications Ltd.

Wires & Cables company Paramount Communications announced Q2FY26 results

  • Revenue: Rs 428.0 crore against Rs 355.9 crore during Q2FY25, change 20.3%.
  • EBITDA: Rs 25.8 crore against Rs 33.6 crore during Q2FY25, change -23.1%.
  • EBITDA Margin: 5.8% for Q2FY26.
  • PAT: Rs 13.3 crore against Rs 20.3 crore during Q2FY25, change -34.8%.
  • PAT Margin: 3.0% for Q2FY26.
  • EPS: Rs 0.43 for Q2FY26.

Management Commentary: Paramount Communications Limited reported revenue from operations of Rs 428 crore in Q2FY26, up 20.3% YoY over Rs 355.9 crore in Q2FY25.

EBITDA stood at Rs 25.8 crore with a margin of 5.8%, compared to 9.4% in Q2FY25. PAT was Rs 13.3 crore, translating to a PAT margin of 3.0% in Q2FY26.

During April ’25, the US Administration increased tariff on imports from India by 10% which was further increased to 25% on 2nd August ’25. Further on India, a penal oil tariff of 25% was also imposed.

As the company has substantial revenue from USA exports (more than 40% share in H1FY26) which is being exported on DDP basis, the company had to bear a substantial part of this increase in tariff on goods under transit, finished goods and goods under production. Furthermore, for new orders we are facing stiff competition from other countries at lower tariff structures. As a result, the company’s margins are under pressure in the short term. We are actively working to de-risk ourselves from this situation by covering the export deficit from our domestic market, while also reviewing the dynamic trade situation between both countries. The company expects impact on its revenue and profitability to be temporary.

The domestic market remained strong during the quarter which helped us sail through the period and we anticipate stronger demand in the coming months driven by the expanding renewables sector and continued capex in power generation and transmission. There is also improvement in demand for the railway and telecom products of the company.

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Q2FY26 Quarterly Result Announced for Amines & Plasticizers Ltd.

Commodity Chemicals company Amines & Plasticizers announced Q2FY26 results

  • Revenue: Rs 133.14 crore against Rs 166.64 crore during Q2FY25, change -20% YoY.
  • EBITDA: Rs 10.87 crore against Rs 16.74 crore during Q2FY25, change -35% YoY.
  • PBT: Rs 8.21 crore against Rs 12.99 crore during Q2FY25,, change -37% YoY.
  • PAT: Rs 6.17 crore against Rs 9.78 crore during Q2FY25,, change -37% YoY.
  • EPS: Rs 1.12 for Q2FY26.

Hemant Ruia, Chairman & Managing Director, said: “In line with its earlier guidance, Amines and Plasticizers Limited reported a subdued performance during the second quarter of FY26. The results reflected the impact of a volatile macroeconomic environment and continuing geopolitical factors that influenced overall sector performance. Additionally, the Company faced curtailed supply of one of its key raw materials, ethylene oxide, due to a planned maintenance shutdown by the supplier. Supply conditions normalised from the second week of November, although another planned shutdown is expected in the fourth quarter, which may have some bearing on business performance.

To mitigate the impact of the supply constraints, the Company optimised its production mix by shifting towards an alternative product line that supported profitability despite lower volumes. From the beginning of the third quarter, domestic sales have started showing signs of recovery, and the Company remains hopeful of sustained improvement through the remainder of the financial year.

Looking ahead, FY26 is expected to remain a challenging year given the uncertain operating conditions. The Company continues to prioritise new product development, strengthening its product portfolio, and enhancing operational readiness to capitalise on growth opportunities once the business environment becomes more stable.”

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Q2FY26 Quarterly Result Announced for Ajax Engineering Ltd.

Commercial Vehicles company Ajax Engineering announced Q2FY26 results

  • Revenue from Ops: Rs 445 crore against Rs 301 crore during Q2FY25, change 48%.
  • EBITDA: Rs 45 crore against Rs 39 crore during Q2FY25, change 16%.
  • EBITDA Margin: 10.2% for Q2FY26.
  • PAT: Rs 39 crore against Rs 34 crore during Q2FY25, change 15%.
  • PAT Margin: 8.8% for Q2FY26.

Shubhabrata Saha, Managing Director & CEO, Ajax Engineering, said: “After a steady performance last year, the last couple of quarters have been a period of transition. Unseasonal rains, change in emission norms, and slower project execution affected demand temporarily. However, Ajax delivered 48% YoY revenue growth in Q2 and 18% in H1 and volume growth remains robust across both SLCM and non-SLCM categories. While increased cost of production and changes in revenue mix impacted margins, operating leverage and efficiency measures are expected to aid profitability in the second half of FY26. We remain confident in the long-term growth trajectory and our leadership position in the concrete equipment industry.”

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Q2FY26 Quarterly Result Announced for Mobavenue AI Tech Ltd.

Education company Mobavenue AI Tech announced Q2FY26 results

  • Revenue from operations increased 17.1% QoQ to Rs 54.32 crore in Q2FY26 compared to Rs 46.41 crore in Q1FY26.
  • EBITDA grew by 26.3% QoQto Rs 11.04 crore in Q2FY26 compared to Rs 8.73 crore in Q1FY26; EBITDA Margin improved to 20.3% in Q2FY26 as against 18.8% in Q1FY26.
  • PAT grew by 21.7% QoQ to Rs 7.30 crore in Q2FY26 compared to Rs 6.00 crore in Q1FY26; while PAT margin stood at 13.4% for Q2FY26 as compared to 12.9% in Q1FY26.

Ishank Joshi, Managing Director & CEO, Mobavenue AI Tech, said: “The second quarter of FY26 has been a period of strong operational progress for Mobavenue AI Tech Limited — and more importantly, a quarter that reaffirmed the power of our AI-first vision and outcome-based business model in advertising and marketing.

Over the last few months, we’ve continued to see growing confidence from brands who want performance, not promises. Our AI-powered platforms and optimised media-buying engines have helped clients across India and other developing markets achieve measurable results — better reach, sharper targeting, and stronger ROI. The results are clear: when intelligence meets intent, performance follows.

One of the biggest milestones this quarter was the successful completion and integration of Mobavenue Media as a wholly owned subsidiary. With this, we now operate as a unified AI-powered adtech, marketing, and consumer-growth company — offering clients an end-to-end suite across what we call our A³ Framework — Awareness, Activation, and Acquisition. This integration doesn’t just expand our product ecosystem; it transforms how we deliver value. It strengthens our cross-selling ability, aligns teams under one unified vision, and sets the stage for sustainable, profitable growth in both domestic and international markets.

I’m pleased to share that on a consolidated basis, Mobavenue reported a 17.1% revenue growth, EBITDA grew by 26.3%, and PAT increased by 21.7% on QoQ basis for Q2FY26, alongside a 150-bps expansion in EBITDA margin, reflecting robust topline growth and operational efficiency driven by our expanding client portfolio and scalable AI-led platforms.

Our flagship platform, Mobavenue, was recognised by Aerospike as one of the ‘Champions of Scale ’25’, alongside leading Indian consumer unicorns. This recognition is special because it validates the scalability and robustness of our technology stack, and it positions Mobavenue among a select group of companies driving the future of intelligent, outcome-based advertising.

We are also privileged to have Ben John, who serves as an advisor to Mobavenue promoter group companies, bringing strategic guidance and industry insight as we continue to strengthen our business foundations and long-term growth roadmap.

Another key initiative underway is the creation of our Artificial Intelligence Center of Excellence (AI CoE). This will be the heart of our innovation engine — a central workbench for capability building, product enhancement, and development of next-generation AI-driven solutions in advertising and marketing. The CoE will also focus on embedding agentic frameworks into our platforms, enabling clients to deploy real-world AI use cases that directly impact business growth. In simple terms, we’re not just using AI to analyse data — we’re using AI to create decisions.

Looking ahead, the industry fundamentals remain firmly in our favour. Digital ad spends are growing, smartphone penetration is accelerating, and AI is fast becoming the cornerstone of marketing transformation. Against this backdrop, Mobavenue is exceptionally well positioned to capitalise on these tailwinds — to scale faster, innovate deeper, and deliver stronger outcomes for our clients globally.

As always, our commitment remains unchanged — to innovate with discipline, execute with precision, and create long-term value for our clients, our people, and our shareholders. The road ahead is exciting, and the foundation we’ve built this quarter gives us the conviction to aim even higher.”

Result PDF

Q2FY26 Quarterly Result Announced for Arihant Foundations & Housing Ltd.

Realty company Arihant Foundations & Housing announced Q2FY26 results

  • Revenue: Rs 90.09 crore against Rs 50.79 crore during Q2FY25, change 77.4%.
  • EBITDA: Rs 26.25 crore against Rs 18.32 crore during Q2FY25, change 43.3%.
  • PBT: Rs 24.88 crore against Rs 14.65 crore during Q2FY25, change 69.8%.
  • PAT: Rs 20.05 crore against Rs 10.56 crore during Q2FY25, change 89.9%.

Kamal Lunawath, Managing Director, Arihant Foundations & Housing, said: “We are pleased with our Q2FY26 performance, which reflects strong operational execution and healthy demand trends. Revenue grew 77.4% YoY to Rs 90.09 crore, while PAT increased 89.9% YoY to Rs 20.05 crore. This robust growth & profitability was driven by healthy sales traction across ongoing projects and disciplined approach to execution.”

“We are encouraged by the strong momentum in Q2FY26, which reflects our ability to execute efficiently and respond to evolving market dynamics. Looking ahead, we see sustained demand driven by favourable affordability trends, rising consumer confidence, and preference for quality developments. Our focus remains on operational excellence, strategic capital deployment, and strengthening our brand to capture emerging opportunities. We are committed to creating long-term value for all stakeholders while building a resilient platform for future growth.”

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Q2FY26 Quarterly Result Announced for AMIC Forging Ltd.

Castings & Forgings company AMIC Forging announced Q2FY26 results

  • Revenue: Rs 6,658.04 lakh against Rs 6,366.81 lakh during Q2FY25, change 4.57%.
  • EBITDA: Rs 1,822.85 lakh against Rs 1,186.68 lakh during Q2FY25, change 53.61%.
  • EBITDA Margin: 27.38% for Q2FY26.
  • PBT: Rs 1,670.93 lakh against Rs 2,876.72 lakh during Q2FY25, change -41.91%.
  • PAT: Rs 1,240.10  lakh against Rs 2,272.32 lakh during Q2FY25, change -45.42%.

Anshul Chamaria, Management, said:  “At AMIC Forging Limited, we have made significant investments in machinery, people, and technical know-how. We have worked diligently to obtain critical industry approvals that enable us to manufacture complex and high-precision engineering products.

There was an unavoidable delay in capex going commercially live due to unprecedented heavy rainfall in West Bengal, which disrupted foundation and civil work. With the capex now nearing completion and the essential approvals in place, AMIC Forging Limited is well-positioned for the next phase of growth.”

Result PDF

Q2FY26 Quarterly Result Announced for Sanstar Ltd.

Food & Beverages company Sanstar announced Q2FY26 results

  • Revenue from Operations: Rs 1,964 million compared to Rs 2,056 million during Q2FY25, change -4.5%.
  • EBITDA: Rs 14 million compared to Rs 115 million during Q2FY25, change -88.2%.
  • EBITDA Margin: 0.7% for Q2FY26.
  • PBT: Rs 9 million compared to Rs 101 million during Q2FY25, change -90.9%.
  • PAT: Rs 6 million compared to Rs 75 million during Q2FY25, change -91.6%.
  • PAT Margin: 0.3% for Q2FY26.
  • EPS: Rs 0.03 for Q2FY26.

Gouthamchand Chowdhary, Chairman and Managing Director said: the second quarter of FY26, Sanstar navigated a dynamic operating environment marked by external pressures and transitionary phase in our capacity expansion journey.

The Company reported a steady improvement in operating performance as operations normalized following the completion of the annual maintenance shutdown in Q1. Revenue from Operations in Q2 was Rs 1,964 million, marking a 15.8% sequential increase over Q1, supported by improved plant utilization and strong demand traction across key customer segments.

During the quarter, the native starch business continued to face pricing headwinds. China’s comn starch exports have recently rebounded after policy changes and Southeast Asia remains a key destination which created oversupply conditions in the markets. However, the sequential improvement in profitability reflects the Company'’s ability to mitigate some of this impact through better capacity utilization, process optimization and an improved product mix.

Revenue from Exports for the quarter was Rs 645 million, compared with Rs 779 million in Q2FY25. The decline was mainly due to weaker realisations in native starch across key Asian markets, where elevated Chinese export volumes kept pricing under pressure.

On the operations front, both our facilities maintained continuous production during the quarter, with no downtime. This stability helped improve throughput as we worked through the residual inventory buffers.

A positive development was the nearing completion of the Dhule expansion project. The ramp-up of native starch capacity is on track for commissioning by December 2025. As these capacity come online, we expect to see improved absorption of fixed costs and step-up in contribution from higher-margin derivative segments.

On the demand side, industries that use starch such as food and beverage, textiles, pharmaceuticals and packaging continued to exhibit steady growth, driven by a resilient base demand environment. The wider Indian starch and starch-derivatives market is projected to grow at over 7% CAGR over the medium term, supported by trends in clean-label formulations, bio-based applications and ethanol-blending policies.

Looking ahead, we expect pricing pressures in native starch to ease gradually as Chinese export flows normalize. Meanwhile, with Dhule’s expanded capacity coming Qline, we anticipate stronger performance in the second half of FY26. We remain focused on disciplined cost control, optimizing product mix and capturing incremental share in higher-value derivative segments.”

Result PDF

Q2FY26 Quarterly Result Announced for Diffusion Engineers Ltd.

Industrial Goods company Diffusion Engineers announced Q2FY26 results

  • Revenue from operations for the financial year was Rs 835.66 million in Q2FY26, as against Rs 824.67 million in Q2FY25, YoY increase of 1.33%, reflecting a year-on-year improvement and a solid base for future expansion. The company continued to demonstrate its resilience and potential for sustained growth.
  • EBITDA (excluding Other Income) was at Rs 123.67 million in Q2FY26 as against Rs 126.82 million in Q2FY25.
  • EBITDA Margin (Excl. Other Income) for the quarter at 14.80%.
  • Profit after Tax stood at Rs 101.65 million in Q2FY26 compared to Rs 85.07 million in Q2FY25, YoY increase of 19.49%.

Prashant Garg, Chairman & Managing Director, Diffusion Engineers, said: “During the Second quarter ended 30th September 2025, we recorded revenue of Rs 835.66 million, EBITDA (excluding other income) of Rs 123.67 million, and PAT of Rs 101.65 million representing an increase of 19.48% over Q2FY24. For the first half of FY26, we achieved Revenue Of Rs 1642.31 million representing a growth of ~7% over H1FY24 and PAT of Rs 224.30 million Representing a growth of ~42% increase on a YoY basis.

We are pleased to share that Diffusion Engineers Limited has received significant orders in the last two quarters, further strengthening our order book and enhancing revenue visibility. Our healthy order book of over Rs 170 crore driven by strong demand for Roll Press Rolls for the cement sector and heavy engineering applications reflects the confidence that customers place in our engineering capabilities, product reliability, and long-standing industry relationships. These developments position us well for sustained growth in the coming quarters.

With new capacities scheduled to come online in FY26E and the completion of our ongoing capex, we are targeting to double our topline in the medium to long term. We also expect EBITDA margin expansion, supported by economies of scale, improved operating leverage, and an enhanced product mix driven by higher-value manufacturing.

Looking ahead, with a robust order book, healthy demand across core sectors, and our ongoing operational initiatives, we are confident of delivering sustainable growth and improved profitability in the coming quarters. I extend my sincere gratitude to every member of the Diffusion family, our valued clients, creditors, bankers, financial institutions, and all other stakeholders. Your trust and support continue to inspire us to strive harder and achieve greater milestones.

Thank you for your continued faith in Diffusion Engineers”

Result PDF

Q2FY26 Quarterly Result Announced for Western Carriers (India) Ltd.

Warehousing & Logistics company Western Carriers (India) announced Q2FY26 results

  • Revenue from operation in Q2FY26 stood at Rs 440 crore and for Q1FY26 at Rs 416.
  • EBITDA for Q2FY26 was at Rs 19 crore, with an EBITDA margin of 4.3%.
  • For Q1FY26, EBITDA stood at Rs 21 crore, with an EBITDA margin of 5.0%.
  • In Q2FY26 PAT stood at Rs 9 crore, with a PAT margin of 2.0%. For Q1FY26, PAT was at Rs 11 crore with margins at 2.6%.

Rajendra Sethia , Chairman & Managing Director, Western Carriers (India), said: “Our company continues to strengthen its position as a trusted multimodal logistics partner, delivering integrated and scalable solutions across India’s evolving supply chain landscape.

Despite a difficult global geopolitical landscape, in Q2FY26 our revenue grew 6 % QoQ to Rs 440 crore, while EBITDA stood at Rs 19 crore and PAT at Rs 9 crore.

Our multimodal network ensured consistent service reliability despite monsoon disruptions and GST adjustments, while the commissioning of our Gati Shakti Multi Modal Cargo Terminal at Devaliya Station near Morbi enhanced our service offerings from this major Gujarat industrial cluster to pan India helping both our corporate as well as MSME customers.

Looking ahead, we are committed to expanding our service offerings, accelerating automation, and delivering scalable, technology-driven logistics solutions that support India’s industrial growth and generate long-term stakeholder value.”

Result PDF

Q2FY26 Quarterly Result Announced for Everest Kanto Cylinder Ltd.

Industrial Products company Everest Kanto Cylinder announced Q2FY26 results

  • Income from operations: Rs 360.4 crore against Rs 367.3 crore during Q2FY25.
  • EBITDA: Rs 42.9 crore against Rs 53.1 crore during Q2FY25.
  • EBITDA Margin: 11.9% for Q2FY26.
  • PBT: Rs 32.2 crore against Rs 44.6 crore during Q2FY25.
  • PAT: Rs 13.7 crore against Rs 38.6 crore during Q2FY25.
  • PAT Margin: 3.8% for Q2FY26.

Pushkar Khurana, Chairman & Executive Director, & Puneet Khurana, Managing Director, said: “We reported a steady performance in Q2. In our CNG segment, demand in India was temporarily affected by the GST transition within our end-user automotive industry, resulting in a short-term impact on domestic volumes. Activity has since normalised as the industry moved into October, and underlying demand indicators remain supportive. Our Industrials business continued to perform in line with expectations.

In our US operations, quarterly trends reflected the order-driven nature of the business. While dispatches during the quarter were lower, the segment remains healthy on an H1 basis, and the outlook for the region in the second half remains strong, supported by a robust order book. Our operations in the Middle East also showed early signs of improvement during the quarter.

On the expansion front, we are progressing well with our new facilities at Mundra and Egypt. The Egypt plant is preparing to begin trial production shortly, and construction at Mundra continues to advance as planned. Both facilities remain on track and will significantly enhance our manufacturing capabilities in the coming year, enabling us to better serve domestic and international markets.

With growing opportunities across clean energy and industrial applications, coupled with greater visibility in our order pipeline, we remain confident about our future growth prospects. Our efforts remain centred on advancing our capabilities, improving operating efficiency, supporting customers across domestic and international markets, and strengthening our leadership position in India.”

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