Aspinwall and Company Q2 PAT rises 42.2% to Rs 3.20 crore

Aspinwall and Company Limited reported Q2 FY27 standalone profit after tax of Rs 3.20 crore, up 42.2% from Rs 2.25 crore a year earlier. Revenue from operations rose 27.8% year on year to Rs 102.92 crore for the quarter ended September 30, 2026, while profit recovered from a Rs 1.34 crore loss in the preceding quarter.

What did Aspinwall and Company report for Q2 FY27?

Aspinwall and Company reported standalone revenue from operations of Rs 102.92 crore in Q2 FY27, compared with Rs 80.53 crore in Q2 FY26. The 27.8% year-on-year increase was accompanied by a standalone PAT of Rs 3.20 crore, versus Rs 2.25 crore in the September 2025 quarter.

The September-quarter profit also marked a sequential turnaround. Aspinwall and Company had reported a standalone net loss of Rs 1.34 crore in Q1 FY27, even as standalone revenue in that quarter rose 25.81% year on year to Rs 110.70 crore. The latest result therefore returned the company to quarterly profitability on a standalone basis.

How did the first half of FY27 compare with last year?

Aspinwall and Company recorded standalone revenue of Rs 213.62 crore for the six months ended September 30, 2026. Its standalone PAT for H1 FY27 was Rs 1.86 crore, compared with a loss of Rs 1.41 crore in H1 FY26.

The half-year result reflects the combination of the June-quarter loss and the September-quarter profit. While the source does not provide a like-for-like H1 FY26 revenue number, the move from a loss to a profit provides the reported comparison for the first six months of FY27. Investors will also note that Q2 revenue was lower than Q1 revenue of Rs 110.70 crore, although Q2 delivered a positive PAT.

What operating factors are relevant to the latest result?

Aspinwall and Company operates primarily in South India, including Kerala and Karnataka, for sourcing and processing. Its Coffee segment has meaningful overseas exposure, with exports accounting for 58.5% of the segment's total revenue, according to the provided information.

The company also reported an operating cash outflow of Rs 22.37 crore in H1 FY27. This was attributed to inventory accumulation of Rs 22.40 crore. The cash-flow figure is relevant alongside the profit improvement because working-capital movements can differ from the income statement during a period of inventory build-up.

The reported Q1 FY27 consolidated figures showed that revenue growth was not uniform across operations. Logistics and Coffee segment revenue grew 30% and 24%, respectively, while the Plantation segment reported an EBIT loss of Rs 1.49 crore. These figures provide context for the operating mix entering the September-quarter result, although the supplied Q2 update gives standalone financial numbers rather than a consolidated segment-wise breakdown.

What changes did the board approve with the results?

Aspinwall and Company said its board approved the offer of appointment to Amit Sharma as Chief Executive Officer. The announcement was made alongside the Q2 FY27 financial update released on November 4, 2026.

The information provided does not specify the effective date, tenure, remuneration, or strategic mandate associated with the proposed CEO appointment. It also notes that recent credit reports did not identify major new capital-expenditure plans. As a result, the disclosed corporate development is the board's approval of the CEO offer rather than a stated expansion or investment programme.

Why do the Q2 figures matter for investors?

Aspinwall and Company's Q2 figures matter because the company improved both its year-on-year revenue and its profit, while reversing the standalone loss reported in Q1 FY27. Revenue increased by Rs 22.39 crore from the year-earlier quarter, and PAT increased by Rs 0.95 crore year on year.

For comparison, the company reported consolidated revenue of Rs 113.18 crore and a consolidated net loss of Rs 0.70 crore in Q1 FY27. In Q2 FY26, the year-ago base for the September quarter, the company had reported revenue of Rs 83.19 crore and profit of Rs 2.80 crore in the supplied quarterly comparison. Readers should distinguish these reported consolidated figures from the latest Q2 FY27 standalone result.

The March 2026 quarter had also shown higher activity, with sales of Rs 130.30 crore and net profit of Rs 6.01 crore. For FY26 as a whole, sales rose 24.17% to Rs 417.15 crore, while net profit declined 9.43% to Rs 13.16 crore. The latest September-quarter release adds a profitable standalone result to this recent financial record, but does not provide a forward revenue or earnings estimate.

Conclusion

Aspinwall and Company delivered Q2 FY27 standalone revenue growth of 27.8% and PAT growth of 42.2%, with profit of Rs 3.20 crore following a Rs 1.34 crore loss in Q1 FY27. The first-half result also returned to profit, while the reported operating cash outflow was linked to a Rs 22.40 crore inventory accumulation.

The next reported milestone in the supplied corporate-action schedule is the Q4 FY27 result on May 27, 2026, while the latest update is dated November 4, 2026. Investors can monitor subsequent disclosures for consolidated Q2 details, changes in working capital and inventory, segment performance, and further information on Amit Sharma's CEO appointment.