Cranex's Q2 FY 2026-27 Quarterly Results

Result Summary

• Cranex Ltd reported a 52.8% quarter-on-quarter (QoQ) increase 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 13.1%.
• Its expenses for the quarter were up by 47.0% QoQ and 10.2% YoY.
• The net profit increased 181.3% QoQ and increased 36.4% YoY.
• The earnings per share (EPS) of Cranex Ltd stood at 1.14 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

Cranex Ltd is a company that operates in the manufacturing sector. It specializes in the production and distribution of industrial cranes and related equipment. As a prominent player in the industry, Cranex Ltd focuses on delivering innovative and reliable products to meet the demands of heavy industries. The company is known for its commitment to quality and customer satisfaction. Recent developments in the company, such as expansions or strategic partnerships, are not available at this time, so the focus remains on its core business operations related to crane manufacturing and servicing.

Revenue

In the second quarter of the fiscal year 2027 (Q2FY27), Cranex Ltd recorded a total income of ₹15.25 crores. This represents a significant increase of 52.8% compared to the previous quarter (Q1FY27), where the total income was ₹9.98 crores. On a year-over-year basis, the total income increased by 13.1% from ₹13.48 crores in Q2FY26. These figures highlight the company's ability to generate higher revenue over both the quarterly and yearly periods.

Profitability

Cranex Ltd's profitability in Q2FY27 showed marked improvement. The company achieved a profit before tax of ₹1.20 crores, which is a substantial increase of 179.1% from ₹0.43 crores in Q1FY27. Year-over-year, the profit before tax increased by 62.2% from ₹0.74 crores in Q2FY26. After accounting for taxes, the profit after tax for Q2FY27 was ₹0.90 crores, showing a 181.3% increase from ₹0.32 crores in the previous quarter and a 36.4% increase from ₹0.66 crores in the same quarter last year. Earnings per share also rose significantly, reaching ₹1.14 in Q2FY27, compared to ₹0.42 in Q1FY27 and ₹0.75 in Q2FY26.

Operating Metrics

The total expenses for Cranex Ltd in Q2FY27 amounted to ₹14.05 crores, which is a 47.0% increase from the previous quarter's expenses of ₹9.56 crores. On a year-over-year basis, total expenses increased by 10.2% from ₹12.75 crores in Q2FY26. The tax expenses for the quarter were ₹0.30 crores, which increased by 172.7% from ₹0.11 crores in Q1FY27 and by 328.6% from ₹0.07 crores in Q2FY26. Despite the rise in expenses, the increase in revenue and profitability suggests effective management of operating costs relative to income growth. The performance metrics indicate a dynamic quarter for Cranex Ltd, with notable increases in both revenue generation and cost management.