The Ruby Mills Q2 Results Preview: Rising Margins, Rising Costs

Ruby Mills CMP Rs 482.55. Operating margin rose from 15.71% to 28.57% across five quarters, alongside higher interest and depreciation costs. PE 37.5.

Track the latest The Ruby Mills Ltd. share price on Univest. The The Ruby Mills Q2 results trend described here reflects only what has already been reported to exchanges.

The Ruby Mills Q2 Results Date for FY27

The Ruby Mills has not announced a specific date for its Q2 FY27 results, the quarter ending September 30, 2026. Real estate and textiles companies in India typically report September-quarter results in October or November, and The Ruby Mills is expected to follow a similar timeline once its board schedules the meeting. This The Ruby Mills Q2 results outlook is based only on historical, already-reported figures. Any reader researching the The Ruby Mills Q2 results should treat the figures above as historical reference points.

The Ruby Mills Q2 Results Expectations for FY27

The most relevant factor for Q2 FY27 expectations here is not a specific revenue or profit number but a structural change visible in the last two reported quarters. Mar26 and Jun26 both show a step-up in interest and depreciation costs compared with the three quarters before them, a pattern consistent with a new asset or project, such as a mall or realty development, coming online. That means operating profit and net profit may not move in step going forward the way they did earlier in this data set, since higher costs below the operating line have started absorbing a larger share of operating profit growth. Readers following the The Ruby Mills Q2 results should note that no forward estimate is implied here. As with the rest of this The Ruby Mills Q2 results preview, the numbers cited are drawn from public filings.

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Previous Quarter (Q1 FY27, Jun26) Performance

In the quarter ended June 2026, The Ruby Mills reported revenue of Rs 91 crore, operating profit of Rs 26 crore, an operating margin of 28.57 percent, and net profit of Rs 12 crore. Operating margin was the highest in the five-quarter window covered here, yet net profit remained close to earlier quarters, consistent with the step-up in interest and depreciation costs flagged for this period. The The Ruby Mills Q2 results discussion above draws entirely on numbers the company has already disclosed. This The Ruby Mills Q2 results outlook is based only on historical, already-reported figures.

Q2 FY26 (Sep25) Base Quarter

The year-ago comparison quarter, Sep25, saw The Ruby Mills report revenue of Rs 86 crore, operating profit of Rs 16 crore, an operating margin of 18.6 percent, and net profit of Rs 11 crore. That was before the step-up in interest and depreciation costs became visible in the Mar26 and Jun26 quarters. For context on the The Ruby Mills Q2 results, the preceding quarterly figures are all historical, not projected. Readers following the The Ruby Mills Q2 results should note that no forward estimate is implied here.

Recent Trend: Jun25 Through Jun26

Revenue has moved from Rs 70 crore in Jun25 to Rs 86 crore in Sep25, Rs 80 crore in Dec25, a peak of Rs 123 crore in Mar26, and Rs 91 crore in Jun26. Operating margin has risen steadily across this window, from 15.71 percent to 18.6 percent, 17.5 percent, 27.64 percent, and 28.57 percent. Net profit, however, has stayed in a narrower band of Rs 9 crore to Rs 12 crore throughout, which is the clearest sign in the data of the higher interest and depreciation costs tied to the new asset coming online in the more recent quarters. This section of the The Ruby Mills Q2 results coverage relies solely on reported data, not analyst forecasts.

Key Factors for The Ruby Mills Q2 Results Preview

The Ruby Mills combines real estate and textiles operations, and the recent step-up in interest and depreciation in Mar26 and Jun26 points to a structural change in the cost base rather than a one-off item. Anyone reading the Q2 FY27 results once they arrive should check whether operating profit growth is continuing to translate into net profit growth, or whether below-the-line costs are continuing to absorb it, given this is now a two-quarter pattern rather than an isolated print. The The Ruby Mills Q2 results trend described here reflects only what has already been reported to exchanges.

Valuation Ahead of The Ruby Mills Q2 Results 2026

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At a CMP of Rs 482.55, The Ruby Mills trades within a 52-week range of Rs 169.02 to Rs 499.05, above both its 50-day moving average of Rs 406.16 and 200-day moving average of Rs 281.44, with an RSI of 68.99. The stock’s trailing PE is 37.5, EPS is Rs 12.87, book value is Rs 202, and price-to-book is 2.39. Return on equity stands at 4.65 percent, debt-to-equity at 0.56, market capitalisation at about Rs 1,626 crore, and dividend yield at 0.54 percent. Any reader researching the The Ruby Mills Q2 results should treat the figures above as historical reference points.

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What to Watch in The Ruby Mills Q2 2026 Results

Once the Q2 FY27 results are announced, the key figures to check are whether interest and depreciation costs remain elevated relative to the Jun25 through Dec25 quarters, and whether operating margin can hold near the 27 to 29 percent band seen in Mar26 and Jun26. How net profit responds to that cost structure, rather than the operating profit figure alone, will be the more complete picture for this stock. As with the rest of this The Ruby Mills Q2 results preview, the numbers cited are drawn from public filings.

Conclusion

The Ruby Mills Q2 FY27 results, for the quarter ending September 2026, have not yet been announced. The data available through Jun26 shows a clear structural shift, with operating margin expansion accompanied by higher interest and depreciation, and that shift is the most important context for reading this company’s next results once they are out. This The Ruby Mills Q2 results outlook is based only on historical, already-reported figures.

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Univest is a SEBI-registered research analyst (registration number INH000013776). This article is for informational purposes only and does not constitute investment advice, a recommendation, or a solicitation to buy or sell any security. Data points are drawn from company financials and public market data and may be subject to revision. Investments in securities are subject to market risk; please consult a SEBI-registered advisor before making investment decisions.

When will The Ruby Mills announce its Q2 FY27 results?

Ans. No specific date has been announced. Real estate and textiles companies typically report September-quarter results in October or November. Readers following the The Ruby Mills Q2 results should note that no forward estimate is implied here.

Why have The Ruby Mills’ interest and depreciation costs risen?

Ans. Mar26 and Jun26 show a step-up in interest and depreciation versus earlier quarters, consistent with a new asset or project, such as a mall or realty development, coming online. The The Ruby Mills Q2 results discussion above draws entirely on numbers the company has already disclosed.

What were The Ruby Mills’ Q2 FY26 (Sep25) results?

Ans. In Sep25, The Ruby Mills reported revenue of Rs 86 crore, an operating margin of 18.6 percent, and net profit of Rs 11 crore. For context on the The Ruby Mills Q2 results, the preceding quarterly figures are all historical, not projected.

Has The Ruby Mills’ net profit grown along with its operating margin?

Ans. Not proportionally. Operating margin rose from 15.71 percent in Jun25 to 28.57 percent in Jun26, but net profit stayed between Rs 9 crore and Rs 12 crore due to higher interest and depreciation costs. This section of the The Ruby Mills Q2 results coverage relies solely on reported data, not analyst forecasts.