Amir Chand Jagdish Kumar Exports Q2 profit rises 26.2%

Amir Chand Jagdish Kumar (Exports) Limited reported Q2 FY27 consolidated net profit of ₹41.08 crore, up 26.2% year on year, on revenue from operations of ₹693.93 crore. Total income reached ₹694.43 crore for the quarter ended September 30, 2026, compared with ₹596.30 crore a year earlier.

What did Amir Chand Jagdish Kumar report for Q2 FY27?

Amir Chand Jagdish Kumar reported unaudited consolidated and standalone financial results for the quarter and half year ended September 30, 2026. Its board approved the results at a meeting held on November 2, 2026, and the filings were accompanied by a limited review report from Pramod K. Sharma & Co., Chartered Accountants.

On a consolidated basis, total expenses for the July-September quarter were ₹640.66 crore. This resulted in profit before tax of ₹53.78 crore and profit after tax of ₹41.08 crore. Basic earnings per equity share stood at ₹3.97 for the quarter.

The consolidated top line improved from total income of ₹596.30 crore in the corresponding quarter of the prior financial year. Revenue from operations increased 16.9% year on year to ₹693.93 crore. The company’s disclosed results linked the revenue growth to export demand.

For the first half of FY27, consolidated total income was ₹1,359.11 crore. Profit before tax for the six-month period was ₹101.30 crore, while net profit was ₹77.71 crore, compared with ₹48.65 crore in H1 FY26.

How did standalone performance compare with consolidated results?

Amir Chand Jagdish Kumar recorded standalone revenue from operations of ₹598.49 crore and total income of ₹599.00 crore in Q2 FY27. Standalone profit before tax was ₹42.03 crore, while profit after tax was ₹31.37 crore.

Standalone expenses amounted to ₹556.97 crore during the quarter. Basic earnings per equity share on the standalone basis were ₹3.03. The difference between standalone and consolidated figures reflects the inclusion of group operations in the consolidated accounts.

The company has disclosed two newly incorporated wholly owned subsidiaries, including Aeroplane FMCG Pte. The announcement did not provide separate quarterly financial contributions from these subsidiaries, so their individual impact on the consolidated result cannot be measured from the available filing summary.

What do the half-year balance sheet and cash flow figures show?

Amir Chand Jagdish Kumar’s consolidated total assets stood at ₹2,153.33 crore as of September 30, 2026, compared with ₹2,121.39 crore as of March 31, 2026. Total liabilities and equity were also reported at ₹2,153.33 crore, as required under the balance sheet structure.

Trade receivables rose 57.8% from the March-end level to ₹781.32 crore by September 30. This increase was faster than the reported 16.9% year-on-year revenue growth in the second quarter. The company reported net cash used in operating activities of ₹27.60 crore for H1 FY27.

Current borrowings declined to ₹621.08 crore from ₹757.45 crore at the beginning of the financial year. Non-current borrowings, however, increased to ₹50.54 crore from ₹0.64 crore. Equity share capital remained unchanged at ₹103.55 crore, while other equity rose to ₹887.62 crore.

How did the IPO proceeds feature in the company’s financial position?

Amir Chand Jagdish Kumar completed its initial public offer on April 2, 2026, raising approximately ₹411.11 crore. The company stated that it had utilised the entire IPO proceeds for working capital requirements as of September 30, 2026.

Working capital is particularly relevant to the latest results because receivables were higher and operating cash flow was negative for the half year. The disclosed use of IPO funds indicates that the company directed the capital raised towards funding day-to-day business requirements rather than retaining the proceeds unutilised.

Finance costs declined 10.0% year on year to ₹19.09 crore in Q2 FY27. Along with the increase in revenue, lower finance costs supported the reported rise in quarterly profit before tax from ₹47.52 crore in Q1 FY27 to ₹53.78 crore in Q2 FY27.

What does the Q2 FY27 result mean for investors?

Amir Chand Jagdish Kumar’s reported numbers show higher revenue, profit before tax and net profit compared with the corresponding quarter a year earlier. The 26.2% increase in quarterly consolidated net profit and the 16.9% rise in revenue provide the central financial indicators from the Q2 filing.

At the same time, the results place attention on cash conversion. The reported increase in trade receivables and negative operating cash flow for the half year are relevant alongside the use of IPO proceeds for working capital. The filing does not disclose a share-price reaction, so no conclusion on market performance can be drawn from the results announcement alone.

The company said the results and limited review report have been submitted to BSE Limited and the National Stock Exchange of India Limited. The documents are also available on the company website, aeroplanerice.com. The statutory auditor issued an unmodified conclusion on the reviewed financial results.

Conclusion

Amir Chand Jagdish Kumar delivered higher consolidated income and net profit in Q2 FY27, with total income at ₹694.43 crore and profit after tax at ₹41.08 crore. The result also showed a reduction in current borrowings and lower finance costs, but an increase in receivables contributed to negative operating cash flow during the first half.

Investors will watch the company’s subsequent disclosures for collection trends, operating cash generation and the effect of working-capital deployment after the full utilisation of ₹411.11 crore in IPO proceeds. Future quarterly results will also show whether the reported revenue growth and profit expansion continue.