Bedmutha Industries delivered a remarkable financial turnaround in Q2 FY27, posting a standalone net profit of ₹6.93 crore compared to a net loss of ₹33.35 lakh in Q2 FY26. According to the latest unaudited financial results approved by the Board on August 12, 2026, this represents a complete reversal of the company's financial position, marking a significant operational improvement. The consolidated net profit attributable to owners was ₹6.92 crore, including a share in loss of associate Ashoka Precon Pvt. Ltd. of ₹0.55 lakh.
The company's revenue from operations surged 74.3% year-on-year to ₹541.43 crore in Q2 FY27, compared to ₹310.59 crore recorded in Q2 FY26, as reported in the latest financial results. Total income stood at ₹544.64 crore compared to ₹311.38 crore in the previous year period. This substantial revenue growth demonstrates the company's enhanced market performance and operational efficiency, particularly driven by robust demand in core manufacturing segments.
The copper segment emerged as the primary growth engine, contributing ₹414.66 crore to revenue in Q2 FY27, a substantial increase from ₹210.06 crore in Q2 FY26. The segment's segment profit before finance costs, exceptional items, and tax reached ₹71.40 crore, up from ₹26.77 crore in the previous year. The copper segment accounted for 76.6% of total revenue and contributed nearly half of the pre-tax profit, making it the most significant driver of the quarterly turnaround.
The steel segment generated ₹126.77 crore in revenue, slightly down from ₹129.18 crore in the previous quarter but up from ₹100.53 crore in Q2 FY26. Its segment profit was ₹84.29 crore, demonstrating healthy year-on-year growth despite quarterly fluctuations. While steel revenue remained relatively stable compared to the immediate prior quarter, it showed strong growth compared to the same quarter in the previous financial year.
The company's total expenses increased to ₹537.71 crore from ₹314.71 crore in Q2 FY26, reflecting higher material costs and stock purchases aligned with increased production. However, finance costs decreased slightly to ₹86.15 crore from ₹89.57 crore in Q2 FY26, aiding profitability through better debt management or lower interest rates on existing borrowings. Additionally, the Board appointed Nilesh Amrutkar as Company Secretary & Compliance Officer, effective August 12, 2026, based on recommendations from the Nomination and Remuneration Committee. Earnings per share (basic) were ₹2.15, up from a loss of ₹1.03 per share in the same quarter last year.
