HBL Engineering Q2 results: net profit falls 50.3% to Rs 192.51 crore
HBL Engineering said in its filing with the National Stock Exchange that consolidated net profit fell 50.3% to Rs 192.51 crore in the September 2026 quarter, with revenue down 28.7%.
Key points
- HBL Engineering reported unaudited consolidated results for the quarter ended 30 September 2026 in a filing with the National Stock Exchange.
- Consolidated revenue from operations was Rs 871.56 crore, down 28.7% year on year and up 36.6% from the previous quarter.
- Net profit attributable to shareholders was Rs 192.51 crore, down 50.3% from a year earlier and up 76.5% from the June 2026 quarter.
HBL Engineering Limited reported a consolidated net profit of Rs 192.51 crore attributable to its shareholders for the quarter ended 30 September 2026, down 50.3% from Rs 387.26 crore a year earlier. Revenue from operations fell 28.7% to Rs 871.56 crore, according to the company's filing with the National Stock Exchange.
What Happened
The company said in the filing that its Board of Directors approved the unaudited standalone and consolidated financial results for the quarter ended 30 September 2026 at a meeting held on 7 November 2026. The auditors' limited review reports carry an unmodified opinion.
The consolidated figures, in Rs crore, are:
- Revenue from operations: Rs 871.56 crore, against Rs 1,222.90 crore in the September 2025 quarter (down 28.7%) and Rs 638.03 crore in the June 2026 quarter (up 36.6%).
- Net profit attributable to shareholders: Rs 192.51 crore, against Rs 387.26 crore a year earlier (down 50.3%) and Rs 109.08 crore in the previous quarter (up 76.5%).
- Total income: Rs 893.67 crore, including other income of Rs 22.11 crore.
- Earnings per share: Rs 6.95, against Rs 13.96 a year earlier and Rs 3.95 in the previous quarter.
For the six months ended 30 September 2026, consolidated revenue from operations was Rs 1,509.59 crore, down 17.3% from Rs 1,824.67 crore in the same period last year. Net profit attributable to shareholders for the half year was Rs 301.59 crore, down 43.2% from Rs 530.53 crore. Earnings per share for the half year were Rs 10.89, against Rs 19.12.
The filing shows an exceptional income item of Rs 13.16 crore in the quarter, against an exceptional expense of Rs 23.85 crore in the September 2025 quarter. The filing does not give a reason for the item.
In its standalone segment table, the company reported revenue from its Electronics segment of Rs 363.23 crore in the quarter, against Rs 793.58 crore a year earlier. Its Industrial Batteries segment reported Rs 411.62 crore, against Rs 370.64 crore, and its Defence and Aviation Batteries segment reported Rs 82.47 crore, against Rs 29.81 crore.
The notes say the equity shares of Tonbo Imaging India Limited, an associate, were listed on the main board of both exchanges effective 23 October 2026. The company said the impact on its investment from the listing will be reflected from the next quarter's results onwards.
What It Means
The filing shows a sharp fall in the company's consolidated revenue and profit compared with the same quarter last year, and a recovery from the June 2026 quarter. The segment table indicates that the year-on-year fall in revenue came mainly from the Electronics segment, while the two battery segments reported higher revenue.
Shareholders can read the full results, including the balance sheet and cash flow statement, in the company's filing with the National Stock Exchange. The quarter-on-quarter and year-on-year changes above are worked out from the filing's own tables.
Oquilia Data: HBL Engineering Ltd. (NSE: HBLENGINE)
| Close, 6 Nov 2026 | Rs 839.25 (−1.87% on the day) |
|---|---|
| Return 1M / 3M / 6M / YTD / 1Y | +9.81% / +14.01% / −1.80% / −9.43% / −13.13% |
| Against Nifty 50, 1M / 3M / YTD | −0.09 / +12.40 / −5.22 points |
| 52-week closing high / low | Rs 1,098.80 (10 Nov 2025) / Rs 614.80 (30 Mar 2026) |
| Turnover, 20-session average | Rs 271.51 cr; 19.6% delivered; latest volume 0.3x |
Closes adjusted for splits and bonuses; returns exclude dividends. Facts from NSE's files, not investment advice.
Full record: HBL Engineering share price on Oquilia
Source: Company filing on NSE
Sources & Citations
- Company filing on NSE — National Stock Exchange of India