Indigo Paints Q2 Results FY27: PAT Falls 46.97% to Rs 13.39 Cr, Revenue Rs 358.75 Cr
- October 30, 2026
- Posted by: Harsh Piplani
- Category: Results
Quick Answer
Indigo Paints Q2 Results FY27 were declared on 30 October 2026 on a Consolidated basis. Revenue rose 14.96% YoY to Rs 358.75 Cr from Rs 312.06 Cr, while net profit fell 46.97% to Rs 13.39 Cr from Rs 25.25 Cr. These quarterly results show YoY growth in revenue and lower Operating Profit of Rs 30.96 Cr for the July to September 2026 quarter.
Indigo Paints Ltd (INDIGOPNTS) Q2 Results FY27 announced on 30 October 2026, covering the company’s financial performance for the July to September quarter. The results date brought Consolidated figures with revenue of Rs 358.75 Cr and PAT of Rs 13.39 Cr. Indigo Paints Q2 Results FY27 show revenue up 14.96% and PAT down 46.97% against the same quarter last year, as set out in the consolidated results.
This results analysis of Indigo Paints Q2 Results covers the financial highlights, business drivers, outlook and risks, and Univest readers can open the Financial Highlights table below for the full line-by-line comparison.
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Indigo Paints Q2 Results FY27: Financial Highlights
| Metric | Q2 FY27 (Sep 26) | Q2 FY26 (Sep 25) | YoY Change |
|---|---|---|---|
| Revenue | Rs 358.75 Cr | Rs 312.06 Cr | +14.96% YoY |
| Operating Profit | Rs 30.96 Cr | Rs 46.54 Cr | -33.48% YoY |
| Net Profit (PAT) | Rs 13.39 Cr | Rs 25.25 Cr | -46.97% YoY |
Source: company filing for Indigo Paints Q2 Results FY27, 30 October 2026. Figures in Rs Crore, Consolidated basis.
Key Takeaways from Indigo Paints Q2 Results: What Stands Out
- Revenue: Rs 358.75 Cr against Rs 312.06 Cr a year ago, an increase of 14.96% on a Consolidated basis.
- Net profit: Rs 13.39 Cr versus Rs 25.25 Cr, a YoY decline of 46.97% even as sales grew.
- Operating Profit: Rs 30.96 Cr compared with Rs 46.54 Cr in the prior-year quarter, a fall of 33.48%.
- Margin: net profit margin narrowed to 3.7% from 8.1% in the comparison quarter, a detail that Indigo Paints Q2 Results FY27 place beside the profit lines.
- Next step: the performance analysis below sets revenue growth against the two lower profit lines.
Indigo Paints Q2 Results FY27: Performance Analysis
Indigo Paints reported Consolidated revenue of Rs 358.75 Cr for the July to September 2026 quarter, up 14.96% YoY from Rs 312.06 Cr, while net profit fell to Rs 13.39 Cr from Rs 25.25 Cr. The Indigo Paints Q2 Results show sales growing as profit declined.
Indigo Paints Q2 Results FY27 also record Operating Profit of Rs 30.96 Cr against Rs 46.54 Cr a year earlier. This results analysis shows a fall of 33.48% in Operating Profit and a YoY decline of 46.97% in net profit, so both profit lines moved opposite to revenue.
The supplied figures confirm what changed but do not establish the specific cause, so the disclosed drivers are the better guide to the quarter. Investors following these quarterly results will want to read the margin and return details, and the business factors come next.
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Key Business Factors This Quarter
Revenue Growth – The results analysis begins with sales: revenue grew 15.0% year on year to Rs 358.75 Cr in the latest quarter, giving Indigo Paints Q2 Results FY27 a larger top line than the comparison period.
Return on Capital Employed – Return on capital employed was 18.37% in FY26, a full-year measure of how well the capital in the business was used before the latest quarter, which frames these quarterly results.
Debt Position – The company is almost debt free, with a debt-to-assets ratio of 0.00 in FY26, so the balance sheet carries almost no borrowing beside the lower profit of this quarter. The FY27 outlook is the next topic.
FY27 Outlook After Indigo Paints Q2 Results
Full-year FY27 results will be assembled from the quarters still to be reported, so the figures declared on 30 October 2026 are a single stage in the year. Revenue of Rs 358.75 Cr and net profit of Rs 13.39 Cr become the base for comparing later filings on the same Consolidated basis.
Indigo Paints Q2 Results FY27 set the reference point, and this results analysis suggests watching whether net profit moves away from Rs 13.39 Cr as revenue changes from quarter to quarter. The Univest Screener can help readers follow each new filing, while the risks beside the revenue growth are covered next.
Key Risks to Watch After Indigo Paints Q2 Results FY27
Fall in Net Profit
Net profit fell 47.0% year on year to Rs 13.39 Cr, so readers weighing Indigo Paints Q2 Results FY27 should note that revenue growth of 14.96% did not carry through to the bottom line.
Narrower Profit Margin
Net profit margin narrowed to 3.7% from 8.1% in the comparison quarter, which means each rupee of revenue left less profit than a year earlier despite the YoY growth in sales.
Volatile Quarterly Profit
Quarterly net profit has been volatile, ranging from Rs 13.39 Cr to Rs 57.67 Cr over the last 5 quarters, so the latest figure marks the bottom of that range and later comparisons may look different.
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Conclusion
On a Consolidated basis, Indigo Paints Q2 Results FY27 show revenue of Rs 358.75 Cr, up 14.96%, and net profit of Rs 13.39 Cr, down 46.97%. These quarterly results and the wider consolidated results describe one quarter only, and readers of Indigo Paints Q2 Results can keep following the Univest app for later filings. Investors should consult a SEBI-registered advisor before acting.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice. Research Analyst: Uniresearch Global Pvt. Ltd., SEBI Registration No. INH000013776.
Frequently Asked Questions on Indigo Paints Q2 Results FY27
What are Indigo Paints Q2 Results FY27?
Ans. Indigo Paints Q2 Results FY27 are the Consolidated quarterly results for July to September 2026, with revenue of Rs 358.75 Cr and net profit of Rs 13.39 Cr. Alongside this, the Quick Answer box summarises them.
What is the results date for Indigo Paints Q2 Results FY27?
Ans. The results date for the July to September 2026 quarter was 30 October 2026, when Indigo Paints declared its Consolidated figures. This means the introduction and the Financial Highlights table come from that single filing.
What revenue was reported in Indigo Paints Q2 Results FY27?
Ans. Indigo Paints Q2 Results FY27 report revenue of Rs 358.75 Cr against Rs 312.06 Cr a year earlier. Compared with the prior-year quarter this is a rise of 14.96%, detailed further in the Performance Analysis section.
What net profit was reported in Indigo Paints Q2 Results FY27?
Ans. Net profit was Rs 13.39 Cr, compared with Rs 25.25 Cr in the same quarter last year. This means a YoY decline of 46.97%, which the Key Takeaways section also highlights for readers.
How much YoY growth did revenue show in Indigo Paints Q2 Results FY27?
Ans. Revenue showed YoY growth of 14.96% in the quarter, moving from Rs 312.06 Cr to Rs 358.75 Cr. Alongside this, net profit declined by 46.97%, as the Performance Analysis explains.
Did net profit rise or fall in Indigo Paints Q2 Results?
Ans. Net profit fell in Indigo Paints Q2 Results, dropping to Rs 13.39 Cr from Rs 25.25 Cr a year earlier. While revenue grew, the Key Risks section explains how the net profit margin narrowed.
What was the Operating Profit in Indigo Paints Q2 Results FY27?
Ans. Operating Profit was Rs 30.96 Cr in Indigo Paints Q2 Results FY27, against Rs 46.54 Cr a year earlier. That is a fall of 33.48%, so it declined while revenue rose, as the Performance Analysis shows.
Are Indigo Paints Q2 Results consolidated results or standalone results?
Ans. Indigo Paints Q2 Results are consolidated results, as the figures cover the Consolidated basis for the quarter ended September 2026. So the revenue and net profit shown here reflect the group rather than the parent alone.
What business factors shaped Indigo Paints Q2 Results FY27?
Ans. The disclosed business factors are 15.0% revenue growth to Rs 358.75 Cr, return on capital employed of 18.37% in FY26 and an almost debt free position. These sit under Key Business Factors This Quarter.
What are the key risks after Indigo Paints Q2 Results FY27?
Ans. Key risks include a 47.0% fall in net profit, a net profit margin of 3.7% against 8.1% a year earlier, and volatile quarterly profit over the last 5 quarters. Each is explained in the Key Risks section.
What is the outlook after Indigo Paints Q2 Results?
Ans. The FY27 outlook depends on the remaining quarters, since one quarter with net profit of Rs 13.39 Cr does not fix the full year. The Outlook section explains what to track as later filings arrive.
Where can I find the complete Indigo Paints Q2 Results FY27 data?
Ans. The complete figures sit in the Financial Highlights table above, which lists each metric against the same quarter last year. The Univest Screener also lets readers follow later disclosures for the company.
