Everest Kanto Cylinder Ltd Q2 Profit Rises 46% to ₹19.96 Crore

Everest Kanto Cylinder Ltd reported Q2 FY27 consolidated net profit of ₹19.96 crore, up 46.1% year on year. The company’s consolidated revenue from operations rose 10.7% to ₹398.83 crore for the quarter ended September 30, 2026, while profit declined 33.8% from the preceding quarter.

What did Everest Kanto Cylinder report for Q2 FY27?

Everest Kanto Cylinder approved unaudited standalone and consolidated financial results for the quarter and six months ended September 30, 2026, at its board meeting on November 13, 2026. Consolidated revenue from operations stood at ₹398.83 crore, compared with ₹360.4 crore in Q2 FY26 and ₹346.3 crore in Q1 FY27.

Consolidated net profit was ₹19.96 crore, against ₹13.7 crore in the year-earlier quarter. Net profit had been ₹30.2 crore in Q1 FY27, making the sequential comparison weaker despite the improvement from the September 2025 quarter.

Total income was ₹399.2 crore in Q2 FY27, including other income of ₹0.3 crore. This compared with total income of ₹365.1 crore in Q2 FY26 and ₹356.5 crore in Q1 FY27, when other income was substantially higher at ₹10.2 crore.

How did revenue and profitability change from earlier periods?

Everest Kanto Cylinder’s revenue increased both year on year and quarter on quarter, rising 10.7% from ₹360.4 crore in Q2 FY26 and 15.2% from ₹346.3 crore in Q1 FY27. The reported quarterly revenue growth indicates higher business activity than in the comparable periods.

Profit before exceptional items and tax was ₹34.1 crore, compared with ₹32.2 crore a year earlier and ₹38.5 crore in the immediately preceding quarter. The company reported no exceptional item in Q2 FY27. In Q2 FY26, the results included an exceptional item of negative ₹11.3 crore, which lowered that quarter’s profit before tax to ₹20.9 crore.

The reported operating margin was 8.5%, against 5.7% in Q2 FY26 and 10.8% in Q1 FY27. Separately, the earnings highlights described calculated EBITDA margin at 14.6%. These are differently stated profitability measures in the available results information and should not be treated as directly comparable without the underlying reconciliation.

Why was net profit lower than in Q1 FY27?

Everest Kanto Cylinder’s Q2 FY27 net profit was lower sequentially because the prior quarter contained higher other income. Other income fell to ₹0.3 crore in Q2 from ₹10.2 crore in Q1, even as revenue from operations increased by more than ₹52 crore over the quarter.

Profit before tax also declined from ₹38.5 crore in Q1 FY27 to ₹34.1 crore in Q2 FY27. The results data does not provide a further detailed explanation for the movement in profit, so the available filing supports only the comparison of reported income and profit figures.

The year-on-year profit comparison is also influenced by the exceptional loss recorded in Q2 FY26. With no exceptional item reported in Q2 FY27, profit before tax increased to ₹34.1 crore from ₹20.9 crore in the prior-year quarter. The net-profit increase of 46.1% should therefore be read alongside this differing exceptional-item base.

What were Everest Kanto Cylinder’s standalone results?

Everest Kanto Cylinder reported standalone revenue from operations of ₹254.98 crore and standalone net profit of ₹17.62 crore for Q2 FY27. The board approved both standalone and consolidated results for the September 2026 quarter and the first half of FY27.

The auditors issued limited review reports with unmodified opinions on the unaudited financial results. This means the reported outcome was accompanied by the standard limited review conclusion described in the company’s board-meeting highlights, without a modification cited in the supplied information.

For investors, the distinction between standalone and consolidated figures matters because the consolidated numbers incorporate the financial performance of the group, while the standalone numbers relate to the listed company’s own accounts. The headline revenue and net-profit figures in the quarterly earnings update refer to consolidated results.

What board decision accompanied the quarterly results?

Everest Kanto Cylinder’s board approved the reappointment of Sanjiv Kapur as Whole-time Director for three years from November 1, 2026. The reappointment remains subject to members’ approval through a postal ballot.

Kapur will continue as chief financial officer and Key Managerial Personnel, according to the board-meeting information. The decision was announced alongside the approval of the Q2 and H1 FY27 financial results.

The company had previously held board meetings for quarterly results and its annual general meeting on August 13, 2026, audited results and final dividend on May 29, 2026, and quarterly results on February 12, 2026. The November 13 meeting completed the reporting cycle for the quarter ended September 30.

How do the results affect investors and operations?

Everest Kanto Cylinder’s Q2 results show revenue growth of 10.7% year on year and a net-profit increase from a lower base that included an exceptional loss. However, the sequential fall in net profit and reported operating margin shows that the higher revenue did not translate into higher quarter-on-quarter earnings.

The decline in other income compared with Q1 FY27 is a material part of the sequential comparison. Investors assessing the quarter can track future revenue growth, reported operating profitability, other income and any exceptional items to distinguish recurring operating performance from non-operating or one-off movements.

Conclusion

Everest Kanto Cylinder delivered higher Q2 FY27 consolidated revenue of ₹398.83 crore and net profit of ₹19.96 crore compared with the year-earlier quarter. The result was supported by revenue growth and the absence of the prior-year exceptional loss, while sequential profit declined as other income reduced and profit before tax moderated.

The next disclosed corporate matter is the postal-ballot process for Sanjiv Kapur’s three-year reappointment as Whole-time Director, effective from November 1, 2026 and subject to member approval. Investors can also watch the company’s subsequent financial disclosures for whether revenue growth and reported margins sustain beyond the September quarter.