Granules India Q2 Results FY27: PAT Jumps 39.22% to Rs 181.84 Cr, Revenue Rs 1,559.97 Cr

Granules India Ltd (GRANULES) Q2 Results FY27 announced on 2 November 2026, covering the company's financial performance for the July to September quarter. The results date brought Granules India Q2 Results FY27 into focus, with Consolidated revenue of Rs 1,559.97 Cr and profit after tax (PAT) of Rs 181.84 Cr. Revenue is up from Rs 1,296.99 Cr in the year-ago quarter, and the consolidated results are compared on a YoY basis throughout.

This Granules India Q2 Results analysis covers the financial highlights, business drivers, outlook and risks behind the numbers. The results analysis stays with the reported figures, and the Financial Highlights section below sets out each metric against the same quarter last year.

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Granules India Q2 Results FY27: Financial Highlights

Metric	Q2 FY27 (Sep 26)	Q2 FY26 (Sep 25)	YoY Change
Revenue	Rs 1559.97 Cr	Rs 1296.99 Cr	+20.28% YoY
Operating Profit	Rs 337.58 Cr	Rs 278.23 Cr	+21.33% YoY
Net Profit (PAT)	Rs 181.84 Cr	Rs 130.61 Cr	+39.22% YoY

Source: company filing for Granules India Q2 Results FY27, 2 November 2026. Figures in Rs Crore, Consolidated basis.

Key Takeaways from Granules India Q2 Results: What Stands Out

• Revenue of Rs 1,559.97 Cr grew 20.28% from Rs 1,296.99 Cr a year earlier, the first headline in Granules India Q2 Results FY27.
• Net profit of Rs 181.84 Cr rose 39.22% from Rs 130.61 Cr, growing faster than revenue over the same period.
• Operating Profit of Rs 337.58 Cr increased 21.33% from Rs 278.23 Cr, a similar pace of YoY growth to revenue.
• Net profit margin of 11.7% compares with 10.1% in the comparison quarter, while revenue has risen in each of the last 4 quarters.
• Return on equity of 14.13% in FY26 is below 15%, a risk headline that the later risks section examines in full.
• Next, the performance analysis places these Consolidated figures in context and shows how the three lines moved together.

Granules India Q2 Results FY27: Performance Analysis

Granules India Q2 Results FY27 show Consolidated revenue of Rs 1,559.97 Cr, up 20.28% YoY, with net profit of Rs 181.84 Cr, up 39.22%. Operating Profit rose 21.33% to Rs 337.58 Cr. Profit therefore grew faster than revenue, and the net margin widened to 11.7% from 10.1%.

In Granules India Q2 Results the year-ago comparison quarter stood at Rs 1,296.99 Cr in revenue, Rs 278.23 Cr in Operating Profit and Rs 130.61 Cr in net profit. Each line is higher this time, and the gap between net profit growth of 39.22% and revenue growth of 20.28% is the main feature of this results analysis.

Investors following Granules India Q2 Results FY27 will watch whether the pace of YoY growth in revenue and profit shows up in later quarterly results, and the Univest Screener tracks each new filing as it is declared. Revenue has risen in each of the last 4 quarters, which is where the results analysis turns to the business factors.

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Key Business Factors This Quarter

Revenue Growth – The results analysis points to three business factors, and the first is revenue, which grew 20.3% year on year to Rs 1,559.97 Cr in the latest quarter. This revenue base is the starting point for every profit line in the consolidated results.

Net Profit Growth – Net profit rose 39.2% year on year to Rs 181.84 Cr, the second factor in Granules India Q2 Results FY27. The reported figures confirm the increase but do not establish the specific cause behind it.

Margin and Revenue Run – Net profit margin improved to 11.7% from 10.1% in the comparison quarter, and revenue has risen in each of the last 4 quarters. Together these facts place the quarterly results inside a four-quarter run of rising revenue.

FY27 Outlook After Granules India Q2 Results

The FY27 outlook will be set by the quarters still to be reported. FY27 full-year results will depend on subsequent quarters and on disclosed sector conditions, and the net profit of Rs 181.84 Cr in this quarter is one part of that full-year total.

Granules India Q2 Results FY27 give investors a base of Rs 1,559.97 Cr in revenue and Rs 181.84 Cr in net profit to compare with upcoming filings. The results analysis here limits itself to those reported figures, and the risks listed next are the points to read alongside them.

Key Risks to Watch After Granules India Q2 Results FY27

Slower Annual Earnings Growth

Annual earnings growth slowed to 16.1% in FY26 from 23.7% in FY25. Investors weighing the 39.22% rise in quarterly net profit may compare it with this slower annual pace, since the two are measured over different periods.

Return on Equity Below 15%

Return on equity of 14.13% in FY26 is below 15%. This is an annual measure and sits beside the quarterly figures in Granules India Q2 Results FY27, so it is a reference point for investors and not a quarterly result.

Modest Multi-Year Earnings Growth

Annual earnings grew only 9.6% a year from FY22 to FY26. Set against the 20.28% revenue rise in this quarter, the longer record shows a slower pace, which is why investors may track YoY growth across the next filings.

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Conclusion

Granules India Q2 Results FY27 record Consolidated revenue of Rs 1,559.97 Cr and net profit of Rs 181.84 Cr, both higher on a YoY basis. The quarterly results are best read together with the risks above and the consolidated results table. Granules India Q2 Results are one reference point in the company's reporting, and the Univest app lists later filings. Investors should consult a SEBI-registered advisor before acting.

Frequently Asked Questions on Granules India Q2 Results FY27

What are Granules India Q2 Results FY27?

Ans. Granules India Q2 Results FY27 are the Consolidated quarterly results for July to September 2026, with revenue of Rs 1,559.97 Cr. Alongside this, net profit was Rs 181.84 Cr, as the Quick Answer at the top of the article shows.

What is the results date for Granules India Q2 Results FY27?

Ans. The results date for Granules India Q2 Results FY27 is 2 November 2026, covering the July to September quarter. This is the date used in the opening paragraphs, so every figure in the later sections refers to that filing.

What revenue was reported in Granules India Q2 Results FY27?

Ans. Granules India reported Consolidated revenue of Rs 1,559.97 Cr in Q2 FY27, compared with Rs 1,296.99 Cr a year earlier, which means the Financial Highlights table shows a 20.28% rise.

What net profit was reported in Granules India Q2 Results FY27?

Ans. Granules India reported net profit of Rs 181.84 Cr in Q2 FY27, compared with Rs 130.61 Cr in the year-ago quarter, which means net profit rose 39.22% as the Key Takeaways section notes.

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

Ans. Revenue in Granules India Q2 Results FY27 showed YoY growth of 20.28%, while Operating Profit grew 21.33% and net profit grew 39.22%, as the Performance Analysis section explains in more detail.

Did net profit rise or fall in Granules India Q2 Results?

Ans. Net profit rose in Granules India Q2 Results, from Rs 130.61 Cr to Rs 181.84 Cr, a 39.22% increase, so the net profit margin widened to 11.7% from 10.1%, as the Key Business Factors describe.

What was the Operating Profit in Granules India Q2 Results FY27?

Ans. Granules India reported Operating Profit of Rs 337.58 Cr in the quarter, up 21.33% from Rs 278.23 Cr, which means it grew at a pace close to revenue, as the Performance Analysis shows.

Are Granules India Q2 Results consolidated results or standalone results?

Ans. Granules India Q2 Results are Consolidated results, so the figures cover the company on a consolidated basis. Alongside this, the opening paragraphs and the Financial Highlights table apply the same basis to every figure.

What business factors shaped Granules India Q2 Results FY27?

Ans. Revenue growth of 20.3%, net profit growth of 39.2% and a net margin of 11.7% shaped Granules India Q2 Results FY27, while revenue has also risen in each of the last 4 quarters, as the Key Business Factors section covers.

What are the key risks after Granules India Q2 Results FY27?

Ans. Three risks follow Granules India Q2 Results FY27: annual earnings growth of 16.1% in FY26, return on equity of 14.13%, and earnings growth of 9.6% a year from FY22 to FY26, all of which the Key Risks section describes.

What is the outlook after Granules India Q2 Results?

Ans. The outlook after Granules India Q2 Results rests on later quarters, so FY27 full-year results will depend on subsequent filings. Alongside this, the FY27 Outlook section uses only the reported revenue and net profit.

Where can I find the complete Granules India Q2 Results FY27 data?

Ans. The complete Granules India Q2 Results FY27 data sits in the Financial Highlights table above, while the Univest Screener carries updates on later filings, which means the Performance Analysis can be read against new disclosures.