Ethos' Q2 FY 2026-27 Quarterly Results

Result Summary

• Ethos Ltd reported a 7.7% 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 29.5%.
• Its expenses for the quarter were up by 8.8% QoQ and 30.5% YoY.
• The net profit increased 2.4% QoQ and increased 23.4% YoY.
• The earnings per share (EPS) of Ethos Ltd stood at 10.77 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

Ethos Ltd is a reputable company known for its presence in the luxury retail sector, primarily dealing with high-end watches and related accessories. The company operates in a highly competitive industry where brand reputation and quality are paramount. Ethos Ltd has established a significant market presence with a focus on premium customer service and exclusive retail partnerships. As of the latest information available, no major recent developments have been reported for the company. Ethos Ltd continues to solidify its position through strategic retail expansions and maintaining robust relationships with luxury watch brands.

Revenue

In the second quarter of fiscal year 2027, Ethos Ltd reported a total income of ₹511.42 crores, reflecting a quarter-over-quarter increase of 7.7% from the ₹475.04 crores in the first quarter of fiscal year 2027. Compared to the second quarter of the previous fiscal year (Q2FY26), where the total income was ₹394.95 crores, the year-over-year increase stands at 29.5%. This significant growth in revenue underscores the company’s solid performance over the past year. Such growth in total income could be attributed to factors like increased sales, effective pricing strategies, or expanding market reach, but these specific reasons are not detailed in the available data.

Profitability

Ethos Ltd's profitability showed varied trends in the second quarter of fiscal year 2027. The Profit Before Tax (PBT) was ₹39.02 crores, representing a 4.3% decrease quarter-over-quarter from ₹40.76 crores in the first quarter of fiscal year 2027. However, on a year-over-year basis, the PBT increased by 18.4% from ₹32.96 crores in Q2FY26. The tax for Q2FY27 was reported at ₹10.05 crores, slightly down by 4.0% from the previous quarter but up by 26.4% from ₹7.95 crores in Q2FY26. Profit After Tax (PAT) also showed growth, reaching ₹29.36 crores, a 2.4% increase from Q1FY27 and a 23.4% rise from Q2FY26. The Earnings Per Share (EPS) followed a similar pattern, reflecting a 2.5% increase from the prior quarter to ₹10.77, and a 22.7% increase year-over-year.

Operating Metrics

The total expenses for Ethos Ltd in Q2FY27 were ₹472.40 crores, which marks an 8.8% increase quarter-over-quarter from ₹434.29 crores in Q1FY27, and a 30.5% increase from ₹362.00 crores in Q2FY26. This indicates a parallel growth with the revenue, suggesting consistent scaling in operations. The relationship between expenses and revenue growth is a critical aspect of Ethos Ltd’s operating metrics. The increase in expenses might be due to various operational costs, including marketing, inventory management, or expansion efforts, though the specifics are not provided. The company’s ability to manage these expenses while achieving significant revenue growth is an essential factor for its ongoing operational assessments.