Borosil Renewables' Q2 FY 2026-27 Quarterly Results

Result Summary

• Borosil Renewables Ltd reported a 2.9% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Sep (Q2 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a growth of 7.1%.
• Its expenses for the quarter were up by 5.1% QoQ and 11.0% YoY.
• The net profit decreased 20.6% QoQ and increased 11.7% YoY.
• The earnings per share (EPS) of Borosil Renewables Ltd stood at 4.76 during Q2 FY 2026-27.

Financial Statments for Q2 FY 2026-27

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Borosil Renewables Ltd is a key player in the solar glass manufacturing industry, primarily known for producing solar glass used in photovoltaic applications. The company is committed to renewable energy solutions and sustainability, providing products that cater to the growing demand for clean energy. Borosil Renewables has been focusing on expanding its production capacity and enhancing technological capabilities to maintain its position in the renewable energy sector. As of the latest reporting period, there are no specific major developments available in the data provided.

Revenue

In the second quarter of the fiscal year 2027 (Q2FY27), Borosil Renewables Ltd reported a total income of ₹407.59 crores. This represents a decrease of 2.9% from the previous quarter (Q1FY27), where total income was ₹419.68 crores. However, when compared to the same quarter in the previous year (Q2FY26), the total income reflects a growth of 7.1%, rising from ₹380.69 crores. This year-over-year increase suggests a positive trajectory in the company’s revenue generation over the past year, although the quarter-over-quarter decline indicates a short-term dip in income.

Profitability

For Q2FY27, Borosil Renewables Ltd recorded a Profit Before Tax (PBT) of ₹89.86 crores, which is a decline of 23.4% from the previous quarter (Q1FY27) where PBT was ₹117.28 crores. On a year-over-year basis, there was a modest increase of 3.5% from ₹86.78 crores in Q2FY26. The company's Profit After Tax (PAT) for Q2FY27 was ₹68.77 crores, down 20.6% from ₹86.64 crores in Q1FY27 but up 11.7% from ₹61.57 crores in Q2FY26. This data illustrates a decrease in profitability on a quarterly basis but an improvement compared to the previous year. The tax expense for Q2FY27 was ₹20.82 crores, which is a significant reduction from both the previous quarter and the same quarter last year, indicating a decrease in tax liabilities.

Operating Metrics

The earnings per share (EPS) for Borosil Renewables Ltd in Q2FY27 stood at ₹4.76, reflecting a decline of 23.1% from the previous quarter's EPS of ₹6.19. However, compared to Q2FY26, there is a substantial increase of 141.6% from an EPS of ₹1.97. This indicates a significant improvement in the company's earnings per share over the past year, despite a quarterly decline. Total expenses for Q2FY27 were ₹317.72 crores, marking a 5.1% increase from the previous quarter and an 11.0% rise from the same quarter last year. This indicates an upward trend in operational costs on both a quarterly and annual basis.