Northern Spirits Q2 Results FY27: PAT Rises 41.11% to Rs 10.71 Cr, Revenue Rs 638.41 Cr
- November 12, 2026
- Posted by: Harsh Piplani
- Category: Results
Quick Answer
Northern Spirits Q2 Results FY27 were declared on 12 November 2026 and cover the July to September 2026 quarter. Revenue rose 13.46% YoY to Rs 638.41 Cr from Rs 562.68 Cr, which is steady YoY growth in the quarterly results. Net profit rose 41.11% YoY to Rs 10.71 Cr from Rs 7.59 Cr a year earlier.
Northern Spirits Ltd (NSL) Q2 Results FY27 announced on 12 November 2026, covering the company’s financial performance for the July to September quarter. On the results date, the company reported revenue of Rs 638.41 Cr and PAT of Rs 10.71 Cr, and Northern Spirits Q2 Results FY27 show both lines higher than a year earlier. These are the numbers that investors tracking the stock on NSE and BSE will want to see first.
This Northern Spirits Q2 Results review from Univest is a results analysis of the financial highlights, business drivers, outlook and risks behind the numbers. It begins with the Financial Highlights table below, which places this quarter beside the same quarter last year.
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Northern Spirits Q2 Results FY27: Financial Highlights
| Metric | Q2 FY27 (Sep 26) | Q2 FY26 (Sep 25) | YoY Change |
|---|---|---|---|
| Revenue | Rs 638.41 Cr | Rs 562.68 Cr | +13.46% YoY |
| Net Profit (PAT) | Rs 10.71 Cr | Rs 7.59 Cr | +41.11% YoY |
Source: company filing for Northern Spirits Q2 Results FY27, 12 November 2026. Figures in Rs Crore.
Key Takeaways from Northern Spirits Q2 Results: What Stands Out
- Revenue: Rs 638.41 Cr, up 13.46% YoY from Rs 562.68 Cr in the same quarter last year, which is the first figure to register.
- Net profit: Rs 10.71 Cr against Rs 7.59 Cr, a YoY rise of 41.11% captured in Northern Spirits Q2 Results FY27.
- Return on equity: 19.97% in FY26, a reference point that the performance analysis below places beside these quarterly figures.
- Return on capital employed: 15.71% in FY26, a second annual measure that the Key Business Factors section covers.
- Debt: 1.40 times total assets in FY26, a point that the Key Risks section covers in more detail.
Northern Spirits Q2 Results FY27: Performance Analysis
The numbers show revenue rising 13.46% YoY to Rs 638.41 Cr and net profit reaching Rs 10.71 Cr. Northern Spirits Q2 Results FY27 therefore pair top-line growth with higher profit. This section sets that quarterly results picture out step by step.
Revenue added Rs 75.73 Cr over the Rs 562.68 Cr reported in the same quarter last year, so the quarter’s revenue is above the year-ago figure. Net profit moved Rs 3.12 Cr higher from Rs 7.59 Cr. In Northern Spirits Q2 Results, these two movements form the core of the results analysis.
What to track in later disclosures is whether the revenue base of Rs 638.41 Cr and the YoY growth in net profit carry into the next filings. Net profit of Rs 10.71 Cr now sits above the year-ago figure, and the Univest app lists each update as it arrives. The reported figures show what changed, and the disclosed drivers come next in the business factors.
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Key Business Factors This Quarter
Revenue Growth – The business factors behind the quarterly results start with the top line, since revenue grew 13.5% year on year to Rs 638.41 Cr in the latest quarter, as recorded in Northern Spirits Q2 Results FY27.
Net Profit Growth – Net profit rose 41.1% year on year to Rs 10.71 Cr, so the quarterly results show profit growing faster than revenue over the year.
Return on Equity – Return on equity was 19.97% in FY26, an annual measure that sits beside the quarterly figures above.
Return on Capital Employed – Return on capital employed was 15.71% in FY26, so the annual returns on the capital in the business add context to the quarter. These factors set up the FY27 outlook for net profit.
FY27 Outlook After Northern Spirits Q2 Results
The FY27 outlook for Northern Spirits depends on what subsequent quarters and disclosed sector conditions show. Full-year FY27 results will build quarter by quarter, and this results analysis treats the Q2 figures as one input rather than a forecast.
Net profit of Rs 10.71 Cr and revenue of Rs 638.41 Cr give a reference point for later disclosures. Northern Spirits Q2 Results FY27 will be read alongside the next filings, and investors can follow those updates on the Univest Screener. The risks that sit beside these figures come next.
Key Risks to Watch After Northern Spirits Q2 Results FY27
High Debt Level
Debt is high at 1.40 times total assets in FY26, so borrowing remains a point to watch over the last full year. Northern Spirits Q2 Results FY27 show higher profit this quarter, which makes the annual balance sheet measure the one to track.
Volatile Quarterly Net Profit
Quarterly net profit has been volatile, ranging from Rs 4.98 Cr to Rs 10.71 Cr over the last 5 quarters. The Rs 10.71 Cr reported now sits at the top of that range, which is why consecutive quarters matter for the conclusion.
Lower Return on Equity
Return on equity declined to 19.97% in FY26 from 20.64% in FY25. Against that base, the YoY growth in net profit to Rs 10.71 Cr deserves attention as the next quarters are reported.
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Conclusion
Northern Spirits Q2 Results FY27 show revenue of Rs 638.41 Cr and net profit of Rs 10.71 Cr. These quarterly results also carry the volatility noted in the risks above, so later filings matter. In Northern Spirits Q2 Results, each reported line is higher YoY. 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 Northern Spirits Q2 Results FY27
What are Northern Spirits Q2 Results FY27?
Ans. Northern Spirits Q2 Results FY27 are the quarterly results for July to September 2026, showing revenue of Rs 638.41 Cr and net profit of Rs 10.71 Cr, as summarised in the Quick Answer.
What is the results date for Northern Spirits Q2 Results FY27?
Ans. The results date for Northern Spirits Q2 Results FY27 is 12 November 2026, so the quarterly results cover July to September 2026, while the Quick Answer and opening paragraphs repeat this date.
What revenue was reported in Northern Spirits Q2 Results FY27?
Ans. Northern Spirits Q2 Results FY27 reported revenue of Rs 638.41 Cr, compared with Rs 562.68 Cr a year earlier, which means revenue rose Rs 75.73 Cr, as the Financial Highlights table shows.
What net profit was reported in Northern Spirits Q2 Results FY27?
Ans. Net profit stood at Rs 10.71 Cr in Northern Spirits Q2 Results FY27, compared with Rs 7.59 Cr a year earlier, so the Key Takeaways section marks a YoY rise of 41.11%.
How much YoY growth did revenue show in Northern Spirits Q2 Results FY27?
Ans. Revenue showed YoY growth of 13.46% in Northern Spirits Q2 Results FY27, rising to Rs 638.41 Cr from Rs 562.68 Cr, while the Performance Analysis section explains the Rs 75.73 Cr increase.
Did net profit rise or fall in Northern Spirits Q2 Results?
Ans. Net profit rose in Northern Spirits Q2 Results, moving from Rs 7.59 Cr to Rs 10.71 Cr, which means the Key Business Factors section records profit growing faster than revenue.
How does revenue in Northern Spirits Q2 Results compare with last year?
Ans. Revenue in Northern Spirits Q2 Results was Rs 638.41 Cr against Rs 562.68 Cr a year earlier, up 13.46%, as the Performance Analysis section sets out step by step.
What was the return on equity around Northern Spirits Q2 Results?
Ans. Return on equity was 19.97% in FY26, down from 20.64% in FY25, as the Key Business Factors and Key Risks sections both note alongside the quarterly figures.
What business factors shaped Northern Spirits Q2 Results FY27?
Ans. Revenue growth of 13.5% YoY, net profit growth of 41.1% and annual returns of 19.97% on equity and 15.71% on capital employed shaped Northern Spirits Q2 Results FY27, as the Key Business Factors section details.
What are the key risks after Northern Spirits Q2 Results FY27?
Ans. The key risks after Northern Spirits Q2 Results FY27 are debt of 1.40 times total assets in FY26 and a lower return on equity of 19.97% against 20.64%, alongside volatile quarterly net profit, as the Key Risks section explains.
What is the outlook after Northern Spirits Q2 Results?
Ans. The outlook after Northern Spirits Q2 Results depends on subsequent quarters and disclosed sector conditions, so the Rs 10.71 Cr net profit is a reference point, as the FY27 Outlook section notes.
Where can I find the complete Northern Spirits Q2 Results FY27 data?
Ans. The Financial Highlights table in this article lists revenue and net profit for both quarters, while the Univest Screener page carries more data on Northern Spirits Q2 Results FY27.
