Rays Of Belief Q2 Results FY27: Net Profit Rises 23.66% QoQ to Rs 3.45 Cr, Revenue Rs 27.09 Cr

Rays Of Belief Ltd (MOMSBELIEF) Q2 Results FY27 announced on 12 November 2026, covering the company's financial performance for the July to September quarter. The consolidated results show revenue of Rs 27.09 Cr against Rs 25.31 Cr in the previous quarter, with net profit of Rs 3.45 Cr. Readers checking the results date on NSE and BSE will see that Rays Of Belief Q2 Results FY27 are presented on a Consolidated basis.

This results analysis by Univest covers the financial highlights, business drivers, outlook and risks behind Rays Of Belief Q2 Results, comparing revenue, Operating Profit and net profit with the previous quarter, beginning with the Financial Highlights table that follows this introduction.

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Rays Of Belief Q2 Results FY27: Financial Highlights

Metric	Q2 FY27 (Sep 26)	Q1 FY27 (Jun 26)	QoQ Change
Revenue	Rs 27.09 Cr	Rs 25.31 Cr	+7.03% QoQ
Operating Profit	Rs 6.03 Cr	Rs 5.03 Cr	+19.88% QoQ
Net Profit (PAT)	Rs 3.45 Cr	Rs 2.79 Cr	+23.66% QoQ

Source: company filing for Rays Of Belief Q2 Results FY27, 12 November 2026. Figures in Rs Crore, Consolidated basis.

Key Takeaways from Rays Of Belief Q2 Results: What Stands Out

• Revenue of Rs 27.09 Cr grew 7.03% QoQ from Rs 25.31 Cr, the sales base for the profit movement in Rays Of Belief Q2 Results FY27.
• Net profit of Rs 3.45 Cr compares with Rs 2.79 Cr in the previous quarter, showing QoQ growth of 23.66% in the quarterly results.
• Operating Profit was Rs 6.03 Cr against Rs 5.03 Cr in the previous quarter, showing QoQ growth of 19.88%.
• Net profit margin improved to 12.7% from 11.0% in the comparison quarter, so profit grew faster than sales.
• FY26 ratios show return on equity of 16.10%, down from 56.56% in FY25, and debt at 0.12 times total assets.
• Next step: the performance analysis sets the revenue growth against the faster rise in profit.

Rays Of Belief Q2 Results FY27: Performance Analysis

The quarter shows growing sales and a faster rise in profit. Revenue of Rs 27.09 Cr is up 7.03% QoQ, while net profit of Rs 3.45 Cr is above the Rs 2.79 Cr reported in the previous quarter on a consolidated basis.

Within Rays Of Belief Q2 Results FY27, Operating Profit rose from Rs 5.03 Cr to Rs 6.03 Cr, an increase of 19.88%. Net profit margin improved to 12.7% from 11.0%, which is why the net profit growth of 23.66% is larger than the revenue growth of 7.03%.

Investors reading Rays Of Belief Q2 Results FY27 can compare these quarterly figures with the FY26 return on equity of 16.10%. Later disclosures will show whether the Rays Of Belief Q2 Results trend continues, and these quarterly results are best followed filing by filing, 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 begins with revenue growth of 7.0% quarter on quarter to Rs 27.09 Cr, the sales base on which Rays Of Belief Q2 Results FY27 were built for the July to September quarter.

Net Profit Growth – Net profit rose 23.7% quarter on quarter to Rs 3.45 Cr, a movement Univest users can verify directly from the reported net profit figures for the two quarters.

Margin Improvement – Net profit margin improved to 12.7% from 11.0% in the comparison quarter, a change that reflects net profit of Rs 3.45 Cr against revenue of Rs 27.09 Cr in these quarterly results.

Return on Equity – Return on equity was 16.10% in FY26, the full-year ratio against which Rays Of Belief Q2 Results FY27 can be read alongside the quarterly profit figures.

FY27 Outlook After Rays Of Belief Q2 Results

Full-year FY27 performance will depend on subsequent quarters and on sector conditions as they are disclosed. After Rays Of Belief Q2 Results FY27, this results analysis keeps to the reported figures and offers no forward estimate, so the net profit of Rs 3.45 Cr stays the reference for the quarter.

The reported figures in the Financial Highlights table cover revenue, Operating Profit and net profit for both quarters, so readers can check each movement described here against the same consolidated filing. Nothing beyond those figures is projected in this section.

These consolidated results close the first half of the fiscal year with revenue of Rs 27.09 Cr as the latest figure. The next filing will show whether the margin holds at 12.7% against the net profit comparison, and it will also update the FY26 return ratio, which leads into the risks.

Key Risks to Watch After Rays Of Belief Q2 Results FY27

Lower Return on Equity

Return on equity declined to 16.10% in FY26 from 56.56% in FY25. The full-year ratio is lower than the year before, so investors can compare future quarterly growth in earnings against it.

Uneven Annual Earnings

Annual earnings fell in FY26 after growing sharply in FY25, even though Rays Of Belief Q2 Results FY27 show QoQ growth in net profit. Investors can track whether later filings change that pattern.

Debt Relative to Assets

Debt was 0.12 times total assets in FY26, a balance sheet ratio that stays on record alongside the quarterly profit rise. The next annual disclosure will update this figure.

Taken together, the revenue growth of 7.03%, the net profit growth of 23.66% and the margin change from 11.0% to 12.7% describe one connected movement, where each higher line follows from the one before it in the consolidated statement.

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Conclusion

Rays Of Belief Q2 Results FY27 show revenue up 7.03% QoQ and net profit up 23.66% QoQ to Rs 3.45 Cr, on a Consolidated basis. The FY26 return on equity remains the figure to watch. Read with the Rays Of Belief Q2 Results figures, these quarterly results and consolidated results can be followed on the Univest Screener, and investors should consult a SEBI-registered advisor before acting.

Frequently Asked Questions on Rays Of Belief Q2 Results FY27

What are Rays Of Belief Q2 Results FY27?

Ans. Rays Of Belief Q2 Results FY27 are the consolidated quarterly results for July to September 2026, with revenue of Rs 27.09 Cr and net profit of Rs 3.45 Cr, as the Quick Answer summarises.

What is the results date for Rays Of Belief Q2 Results FY27?

Ans. The results date is 12 November 2026, when Rays Of Belief declared its July to September quarter numbers, so the Financial Highlights section reflects that filing, including revenue of Rs 27.09 Cr.

What revenue was reported in Rays Of Belief Q2 Results FY27?

Ans. Rays Of Belief reported consolidated revenue of Rs 27.09 Cr for the quarter, compared with Rs 25.31 Cr in the previous quarter, which is where the Performance Analysis section begins.

What net profit was reported in Rays Of Belief Q2 Results FY27?

Ans. The company reported net profit of Rs 3.45 Cr, against Rs 2.79 Cr in the previous quarter, showing QoQ growth of 23.66%, as the Key Takeaways section explains.

How much QoQ growth did revenue show in Rays Of Belief Q2 Results FY27?

Ans. Revenue showed QoQ growth of 7.03%, rising from Rs 25.31 Cr to Rs 27.09 Cr, while net profit grew faster, as the Performance Analysis section compares.

Did net profit rise or fall in Rays Of Belief Q2 Results?

Ans. Net profit rose 23.66% QoQ, from Rs 2.79 Cr to Rs 3.45 Cr, and net profit margin improved to 12.7% from 11.0%, as the Key Takeaways section notes.

What was the Operating Profit in Rays Of Belief Q2 Results FY27?

Ans. Operating Profit was Rs 6.03 Cr against Rs 5.03 Cr in the previous quarter, showing QoQ growth of 19.88%, while net profit margin improved to 12.7%, as the Key Takeaways section notes.

Are Rays Of Belief Q2 Results consolidated results or standalone results?

Ans. These are consolidated results, so the figures cover Rays Of Belief together with its subsidiaries, while the Financial Highlights table presents revenue, Operating Profit and net profit on that Consolidated basis.

What business factors shaped Rays Of Belief Q2 Results FY27?

Ans. The disclosed factors are 7.0% QoQ revenue growth, 23.7% net profit growth and a net profit margin improving to 12.7% from 11.0%, all covered in the Key Business Factors section.

What are the key risks after Rays Of Belief Q2 Results FY27?

Ans. The key risks are the FY26 return on equity decline to 16.10% from 56.56%, uneven annual earnings and debt at 0.12 times total assets, as the Key Risks section explains.

What is the outlook after Rays Of Belief Q2 Results?

Ans. Full-year FY27 results will depend on subsequent quarters, so the outlook stays tied to upcoming filings, while the FY27 Outlook section uses the reported net profit of Rs 3.45 Cr as its reference.

Where can I find the complete Rays Of Belief Q2 Results FY27 data?

Ans. The Financial Highlights table in this article compares revenue, Operating Profit and net profit with the previous quarter, while the Univest Screener and the Univest app let readers follow the stock further.