IST Q2 Results FY27: Net Profit Falls 38.84% to Rs 17.51 Cr, Revenue Rs 36.11 Cr

November 12, 2026
Posted by: Harsh Piplani
Category: Results

Quick Answer

IST Q2 Results FY27 were declared on 12 November 2026 for July to September 2026. Revenue rose to Rs 36.11 Cr, a YoY growth of 25.86% from Rs 28.69 Cr, while net profit fell to Rs 17.51 Cr from Rs 28.63 Cr, a 38.84% YoY decline in the bottom line. The two lines moved in opposite directions in these quarterly results.

IST Ltd (ISTLTD) Q2 Results FY27 announced on 12 November 2026, covering the company’s financial performance for the July to September quarter. The results date brought revenue of Rs 36.11 Cr and net profit of Rs 17.51 Cr, and IST Q2 Results FY27 are the quarterly figures used throughout this article.

This results analysis of IST Q2 Results covers the financial highlights, the business drivers, the outlook and the risks. Each reported figure is compared with the same quarter a year ago, so that revenue and net profit can be read on a YoY basis rather than in isolation, starting with the Financial Highlights table below.

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Table of Contents

IST Q2 Results FY27: Financial Highlights

Metric	Q2 FY27 (Sep 26)	Q2 FY26 (Sep 25)	YoY Change
Revenue	Rs 36.11 Cr	Rs 28.69 Cr	+25.86% YoY
Net Profit (PAT)	Rs 17.51 Cr	Rs 28.63 Cr	-38.84% YoY

Source: company filing for IST Q2 Results FY27, 12 November 2026. Figures in Rs Crore.

Key Takeaways from IST Q2 Results: What Stands Out

Revenue: Revenue rose to Rs 36.11 Cr from Rs 28.69 Cr, a YoY growth of 25.86% for the July to September 2026 quarter.
Net profit: IST Q2 Results FY27 show net profit of Rs 17.51 Cr against Rs 28.63 Cr a year ago, a 38.84% YoY decline in the bottom line.
Direction: Revenue moved higher while net profit moved lower, so the two lines show different YoY growth directions in the same quarter.
Margin: Net profit margin narrowed to 48.5% from 99.8% in the comparison quarter, as disclosed alongside the quarterly figures.
Next step: The performance analysis below compares the two lines and then turns to the business factors.

IST Q2 Results FY27: Performance Analysis

The results analysis shows IST reported revenue of Rs 36.11 Cr, above the Rs 28.69 Cr of the comparison quarter, while net profit moved from Rs 28.63 Cr to Rs 17.51 Cr. Revenue and net profit therefore moved in opposite directions.

Revenue added Rs 7.42 Cr over the year, which is the YoY growth of 25.86%, while net profit gave up Rs 11.12 Cr, which is the YoY decline of 38.84%. IST Q2 Results FY27 therefore show a larger revenue base alongside a smaller net profit than in the comparison quarter.

Readers of IST Q2 Results can track whether this pattern holds in later quarterly results, using the Univest Screener and the Univest app for the next filing. That comparison leads into the business factors disclosed for this quarter.

In plain terms, revenue climbed from Rs 28.69 Cr to Rs 36.11 Cr while net profit slipped from Rs 28.63 Cr to Rs 17.51 Cr, so the net profit line in these quarterly results sits below its year-ago level even though the revenue line sits well above it, and both figures are best read together rather than separately.

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Key Business Factors This Quarter

Revenue Growth – The business factors start with revenue, which grew 25.9% year on year to Rs 36.11 Cr in the latest quarter, and IST Q2 Results FY27 record this against the Rs 28.69 Cr of the comparison quarter.

Revenue Trend – Revenue has risen in each of the last 4 quarters, so the latest quarter continues a run of sequential increases rather than standing alone.

Balance Sheet – The company is almost debt free, with a debt-to-assets ratio of 0.00 in FY26, a disclosed figure that sits alongside the quarterly numbers.

FY27 Outlook After IST Q2 Results

IST Q2 Results FY27 are the second set of numbers in the FY27 year, and the results analysis for the full year will depend on subsequent quarters and on disclosed sector conditions. The Rs 17.51 Cr net profit is the latest figure in that sequence, against Rs 28.63 Cr a year earlier.

Investors can follow later filings on the Univest app and the Univest Screener to see how revenue compares with Rs 36.11 Cr and how net profit compares with Rs 17.51 Cr. Those filings will also show how the net profit trend develops, which brings the risks into focus.

Key Risks to Watch After IST Q2 Results FY27

Net Profit Fell Year on Year

Net profit fell 38.8% year on year to Rs 17.51 Cr, and IST Q2 Results FY27 show this decline alongside higher revenue, which makes the bottom line the first item to watch.

Narrower Net Profit Margin

Net profit margin narrowed to 48.5% from 99.8% in the comparison quarter, a disclosed change that investors can track against the revenue growth in later filings.

Low Return on Equity and Volatile Profit

Return on equity was low at 9.70% in FY26, and quarterly net profit has been volatile, ranging from a loss of Rs 9.50 Cr to a profit of Rs 83.11 Cr over the last 5 quarters.

Download the Univest iOS App or Univest Android App to track quarterly results as they are declared.

Conclusion

IST Q2 Results FY27 record revenue of Rs 36.11 Cr and net profit of Rs 17.51 Cr, and the quarterly results show revenue higher and net profit lower than a year ago. These results sit in the Univest Screener alongside the full financial table. For IST Q2 Results, 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 IST Q2 Results FY27

What are IST Q2 Results FY27?

Ans. IST Q2 Results FY27 are the quarterly results of IST Ltd for July to September 2026, declared on 12 November 2026, and the Financial Highlights table and later sections cover them in full.

What is the results date for IST Q2 Results FY27?

Ans. The results date for IST Q2 Results FY27 is 12 November 2026, when the company declared its quarterly numbers, which is also the date used in the Quick Answer and the introduction of this article.

What revenue was reported in IST Q2 Results FY27?

Ans. IST reported revenue of Rs 36.11 Cr in the quarter, compared with Rs 28.69 Cr a year earlier, as shown in the Financial Highlights table and the Performance Analysis section.

What net profit was reported in IST Q2 Results FY27?

Ans. Net profit was Rs 17.51 Cr for IST in the quarter, compared with Rs 28.63 Cr a year earlier, which the Key Takeaways section covers alongside the other headline figures.

How much YoY growth did revenue show in IST Q2 Results FY27?

Ans. Revenue showed YoY growth of 25.86% for IST, rising from Rs 28.69 Cr to Rs 36.11 Cr, while the Performance Analysis section compares it with the decline in net profit.

Did net profit rise or fall in IST Q2 Results?

Ans. Net profit fell in IST Q2 Results, moving from Rs 28.63 Cr to Rs 17.51 Cr, a YoY decline of 38.84%, so the Key Takeaways section lists it as a headline figure of the quarter.

How much did net profit change YoY in IST Q2 Results FY27?

Ans. Net profit changed by a YoY decline of 38.84% for IST, losing Rs 11.12 Cr over the year, while the Performance Analysis section sets it against the 25.86% growth in revenue.

What was the net profit margin in IST Q2 Results FY27?

Ans. Net profit margin narrowed to 48.5% from 99.8% in the comparison quarter, a figure that the Key Risks section lists next to the fall in net profit for the quarter.

What business factors shaped IST Q2 Results FY27?

Ans. The disclosed business factors are revenue growth of 25.9% to Rs 36.11 Cr, four straight quarters of rising revenue and a debt-to-assets ratio of 0.00 in FY26, all covered in the Key Business Factors section.

What are the key risks after IST Q2 Results FY27?

Ans. Key risks include a 38.8% YoY fall in net profit, a margin of 48.5% against 99.8%, return on equity of 9.70% and volatile quarterly net profit, as the Key Risks section explains.

What is the outlook after IST Q2 Results?

Ans. The FY27 outlook depends on subsequent quarterly results and disclosed sector conditions, so the Rs 17.51 Cr net profit is one data point in the sequence, as the Outlook section explains.

Where can I find the complete IST Q2 Results FY27 data?

Ans. The complete IST Q2 Results FY27 data is in the Financial Highlights table of this article and in the Univest Screener, which lists the figures for IST alongside other filings.

Author: Harsh Piplani

I am Harsh Piplani, an Assistant Content Manager with over 5 years of experience in crafting impactful, result-driven content. I hold a B.Com (Hons) degree and have worked across diverse industries, including education, fintech, healthcare, jewellery, and more. I specialise in content strategy, SEO, and optimisation, ensuring that every piece I create is not just well-written but also well-ranked. I believe content should do more than fill space so as to drive traffic, build authority, and support business growth. I enjoy turning complex ideas into clear, engaging narratives, and, as I like to say, I know how to spin words like a web to influence, structured, strategic, and impossible to ignore. For me, great content sits at the intersection of creativity and performance.