Aditya Infotech profit triples as Q2 revenue rises 92.5%

Aditya Infotech Limited reported standalone profit after tax of Rs 206.493 crore for the quarter ended 30 September 2026, more than triple Rs 65.766 crore a year earlier, as revenue from operations increased 92.5% to Rs 1,741.394 crore. Profit before tax rose to Rs 280.006 crore from Rs 86.830 crore in the September 2025 quarter.

How did Aditya Infotech perform in the September 2026 quarter?

Aditya Infotech’s standalone revenue from operations reached Rs 1,741.394 crore in the quarter ended 30 September 2026, compared with Rs 904.651 crore in the year-earlier quarter and Rs 1,398.592 crore in the quarter ended 30 June 2026. The company therefore added Rs 836.743 crore of revenue year on year and Rs 342.802 crore sequentially.

Total income was Rs 1,745.403 crore, including Rs 4.009 crore of other income, against Rs 908.136 crore a year earlier. Profit after tax was Rs 206.493 crore, up from Rs 65.766 crore in the September 2025 quarter and Rs 140.892 crore in the June 2026 quarter. Basic and diluted earnings per share were Rs 17.44, compared with Rs 5.87 a year earlier and Rs 11.96 sequentially.

The earnings-per-share figures for the quarter and half year are not annualised, according to the results statement. Paid-up equity share capital was Rs 12.263 crore at 30 September 2026, compared with Rs 11.722 crore a year earlier, with each equity share carrying a face value of Rs 1.

What drove Aditya Infotech’s quarterly profit increase?

Aditya Infotech reported profit before finance costs, depreciation, amortisation and tax of Rs 292.898 crore for the September 2026 quarter, up from Rs 101.195 crore in the corresponding quarter a year earlier. Total expenses rose to Rs 1,452.505 crore from Rs 806.941 crore, but the Rs 645.564 crore increase in expenses was lower than the Rs 836.743 crore increase in revenue from operations.

Purchases of stock-in-trade rose to Rs 1,492.473 crore from Rs 606.855 crore, while employee benefits expense increased to Rs 79.784 crore from Rs 61.566 crore. Other expenses were Rs 85.510 crore, compared with Rs 72.930 crore. The results statement identifies trading in security and surveillance equipment and related activities as Aditya Infotech’s main business, with the majority of sales made to customers in India.

Finance costs fell to Rs 4.131 crore from Rs 6.729 crore in the September 2025 quarter, while depreciation and amortisation increased to Rs 8.761 crore from Rs 7.636 crore. Tax expense rose to Rs 73.513 crore from Rs 21.064 crore as profit before tax increased to Rs 280.006 crore from Rs 86.830 crore.

How did Aditya Infotech perform in the first half of 2026-27?

Aditya Infotech generated standalone revenue from operations of Rs 3,139.986 crore for the half year ended 30 September 2026, compared with Rs 1,635.507 crore in the corresponding prior-year half. Half-year profit after tax increased to Rs 347.385 crore from Rs 96.866 crore, while profit before tax rose to Rs 468.742 crore from Rs 129.350 crore.

Total income for the six months was Rs 3,153.530 crore and total expenses were Rs 2,661.581 crore, producing profit before finance costs, depreciation, amortisation and tax of Rs 491.949 crore. In the half year ended 30 September 2025, total income was Rs 1,642.115 crore and the corresponding profit measure was Rs 161.604 crore.

Net cash used in operating activities was Rs 104.924 crore during the 2026 half year, compared with net cash generated of Rs 99.109 crore in the prior-year period. Inventory increased by Rs 375.316 crore and trade receivables increased by Rs 250.895 crore, reducing cash generated after working-capital changes to Rs 10.512 crore before net income-tax payments of Rs 115.436 crore.

What changed in Aditya Infotech’s balance sheet and funding?

Aditya Infotech’s total assets stood at Rs 4,693.801 crore at 30 September 2026, up from Rs 2,670.372 crore at 31 March 2026. Current assets increased to Rs 4,182.857 crore from Rs 2,176.918 crore, including cash and cash equivalents of Rs 1,424.255 crore, inventories of Rs 623.475 crore and trade receivables of Rs 1,650.810 crore.

Total equity rose to Rs 3,451.655 crore at 30 September from Rs 1,640.904 crore at 31 March. Current liabilities increased to Rs 1,147.839 crore from Rs 936.266 crore, while current borrowings increased to Rs 257.227 crore from Rs 52.903 crore. Supplier’s credit declined to Rs 29.631 crore from Rs 76.072 crore over the same period.

Financing activities generated Rs 1,641.224 crore in the half year ended 30 September 2026, compared with Rs 54.927 crore a year earlier. The cash-flow statement records Rs 1,500 crore from an equity share issue, Rs 614.129 crore of short-term borrowing proceeds and Rs 413.200 crore of short-term borrowing repayments. Cash and cash equivalents consequently rose from Rs 159.505 crore at the start of the period to Rs 1,424.255 crore at its end.

How will Aditya Infotech use its qualified institutional placement proceeds?

Aditya Infotech completed a qualified institutional placement on 25 September 2026, issuing 43,21,507 equity shares at Rs 3,467 each and raising Rs 1,500 crore. Of the Rs 1,465.499 crore utilisation amount specified in the placement document, none had been utilised as of 30 September 2026.

The disclosed allocation includes Rs 325 crore for repayment or prepayment of certain Aditya Infotech and AIL Dixon borrowings. A further Rs 650 crore is earmarked for investments in AIL Dixon’s Phase III expansion at the Kadapa facility and a manufacturing plant at Knowledge Park, while Rs 490.499 crore is designated for unidentified acquisitions and general corporate purposes.

Aditya Infotech also disclosed an unresolved land matter and customs appeal. Its application for an extension and completion certificate relating to Noida land remains pending, and it filed an appeal on 22 October 2026. Separately, an appeal before the Customs, Excise and Service Tax Appellate Tribunal regarding a customs order for Rs 30.858 crore of duty and penalties, excluding interest, remains pending listing and disposal; Rs 6 crore had been deposited under protest in earlier years.

Conclusion

Aditya Infotech’s September-quarter standalone result combined revenue growth of 92.5% with profit after tax of Rs 206.493 crore, compared with Rs 65.766 crore a year earlier. The first-half profit increase to Rs 347.385 crore was accompanied by a shift to operating cash outflow of Rs 104.924 crore, driven by higher inventories and receivables.

The next disclosed milestones are deployment of Rs 1,465.499 crore of unutilised qualified institutional placement proceeds, including Rs 650 crore planned for AIL Dixon’s Kadapa and Knowledge Park projects. The pending Noida approval and the customs appeal are also unresolved matters disclosed in the 5 November 2026 results filing.