Clara Industries revenue rises 136%, while quarterly profit falls

Clara Industries Limited reported revenue from operations of Rs 6.52 crore for the quarter ended September 30, 2026, up 136% from Rs 2.76 crore a year earlier, while profit for the period fell 44% to Rs 19.70 lakh from Rs 35.22 lakh. The Board approved the unaudited standalone results on November 14, 2026.

What happened to Clara Industries’ revenue in September 2026?

Clara Industries’ revenue from operations increased to Rs 6.52 crore in the quarter ended September 30, 2026, from Rs 2.76 crore in the quarter ended September 30, 2025. The Rs 3.76 crore increase was also ahead of revenue of Rs 4.04 crore in the immediately preceding quarter ended June 30, 2026.

Other income was Rs 2 lakh in the September 2026 quarter, compared with Rs 9.66 lakh a year earlier. Total income from operations therefore reached Rs 6.54 crore, up from Rs 2.86 crore in the September 2025 quarter, with the movement principally reflecting the increase in operating revenue.

For the six months ended September 30, 2026, revenue from operations was Rs 10.56 crore, compared with Rs 4.58 crore in the corresponding six months of 2025. The filing says Accounting Standard 17 segment reporting does not apply because Clara Industries operates in one business segment, so it provides no product, customer or geographical split for the revenue change.

Why did Clara Industries’ September-quarter profit fall?

Clara Industries’ profit for the period declined to Rs 19.70 lakh for the September 2026 quarter from Rs 35.22 lakh in the prior-year quarter, despite the revenue increase. Profit before tax fell to Rs 28.98 lakh from Rs 46.99 lakh, showing that the reduction was present before the reported tax expense.

Total expenses increased to Rs 6.25 crore from Rs 2.39 crore, an increase of Rs 3.86 crore. That exceeded the Rs 3.68 crore rise in total income from operations, reducing profit before tax even as the company reported a larger revenue base.

Cost of materials consumed was Rs 5.39 crore in the latest quarter, compared with Rs 6.22 crore a year earlier. However, changes in inventories were an expense of Rs 50.50 lakh in September 2026, against a negative Rs 4.27 crore in the September 2025 quarter; finance costs rose to Rs 8.76 lakh from Rs 2.57 lakh, while depreciation and amortisation increased to Rs 18.53 lakh from Rs 14.94 lakh.

How did Clara Industries’ profitability change year on year?

Clara Industries’ profit margin narrowed in the September 2026 quarter because profit declined while revenue rose. Profit for the period was about 3.0% of revenue from operations of Rs 6.52 crore, compared with about 12.8% on revenue of Rs 2.76 crore in the September 2025 quarter, based on the reported standalone figures.

Pre-tax profitability also declined. Profit before tax of Rs 28.98 lakh was about 4.4% of total income from operations of Rs 6.54 crore, compared with about 16.5% when profit before tax was Rs 46.99 lakh and total income was Rs 2.86 crore a year earlier.

The sequential comparison also showed lower profit despite higher revenue. Profit for the period was Rs 23.17 lakh in the June 2026 quarter and Rs 19.70 lakh in the September 2026 quarter, while revenue from operations rose from Rs 4.04 crore to Rs 6.52 crore; the filing gives no explanation or outlook for that quarterly movement.

What do Clara Industries’ half-year results show?

Clara Industries reported revenue from operations of Rs 10.56 crore for the six months ended September 30, 2026, more than double Rs 4.58 crore in the corresponding period of 2025. Profit for the period, however, decreased to Rs 42.87 lakh from Rs 62.01 lakh across the same two half-year periods.

Profit before tax for the latest half year was Rs 62.55 lakh, compared with Rs 82.87 lakh a year earlier. Total income from operations was Rs 10.58 crore, including Rs 2 lakh of other income, while total expenses were Rs 9.95 crore, compared with Rs 3.85 crore in the prior-year half.

Basic earnings per share, not annualised, were Rs 0.17 for the six months ended September 2026, compared with Rs 0.29 a year earlier. September-quarter basic earnings per share were Rs 0.08, down from Rs 0.16, while paid-up equity share capital was Rs 25.67 crore in each reported period and the face value was Rs 10 per share.

What changed in Clara Industries’ balance sheet and cash flow?

Clara Industries’ short-term borrowings rose to Rs 4.86 crore as of September 30, 2026, from Rs 90.95 lakh at March 31, 2026. Long-term borrowings moved down to Rs 10.14 lakh from Rs 13.83 lakh over the same period, while current liabilities increased to Rs 7.22 crore from Rs 1.93 crore.

Inventory increased to Rs 19.34 crore at September 30 from Rs 17.14 crore at the March year-end, and trade receivables rose to Rs 13.57 crore from Rs 10.38 crore. Cash and cash equivalents decreased to Rs 22.26 lakh from Rs 67.73 lakh, while total assets rose to Rs 68.47 crore from Rs 62.77 crore.

Net cash used in operating activities was Rs 4.06 crore for the half year ended September 30, 2026. The cash-flow statement records an outflow of Rs 2.19 crore for inventories and Rs 3.18 crore for trade receivables and other current assets, while net cash from financing activities was Rs 3.78 crore, including Rs 3.95 crore from short-term borrowings.

Was Clara Industries’ September 2026 result reviewed?

Clara Industries’ unaudited standalone financial results were reviewed by Jay Gupta & Associates for the half year ended September 30, 2026. In its report dated November 14, 2026, the firm said nothing had come to its attention to indicate that the statement did not make required disclosures or contained a material misstatement.

The reviewer said its work followed Standard on Review Engagement 2410 issued by the Institute of Chartered Accountants of India. It also stated that a review consists primarily of inquiries and analytical procedures and provides less assurance than an audit, which it did not perform.

Conclusion

Clara Industries recorded substantially higher September-quarter and first-half revenue, but its expenses increased faster than total income in the September quarter. The result was lower profit before tax, lower profit for the period and lower earnings per share than in the comparable 2025 periods, alongside higher inventories, receivables and short-term borrowings at September 30, 2026.

The filing does not disclose a profit target, operating plan or date for the next results announcement. The unresolved points for subsequent disclosures are whether revenue growth converts into higher profit, and whether the September 2026 levels of Rs 19.34 crore in inventories, Rs 13.57 crore in receivables and Rs 4.86 crore in short-term borrowings change.