Hindustan Hardy Board to Review Q2 FY27 Results on November 5

Hindustan Hardy Limited will consider and approve its unaudited Q2 FY27 and half-year results on November 5, 2026, after standalone net sales fell 8.98% year-on-year to ₹24.35 crore in Q1 FY27. The announcement matters because the June-quarter results also showed a sharp decline in profit and operating margin.

When will Hindustan Hardy announce Q2 FY27 results?

Hindustan Hardy will hold a board meeting on November 5, 2026, to consider and approve unaudited financial results for the quarter and half year ended September 30, 2026. The company has identified the date as its upcoming earnings date for Q2 FY26-27.

The proposed meeting follows the release of Q1 FY27 results, for the quarter ended June 2026, on August 5, 2026. The September-quarter disclosure will provide the next reported update on the company’s standalone performance after the June quarter’s lower sales and profits.

The company manufactures propeller shafts and components used by construction and agricultural equipment makers, automotive customers and other sectors. Its listed clientele includes Ashok Leyland, Bajaj Tempo, Hindustan Motors, Volvo India, Eicher, Tata Iron & Steel Company, Apex Innovation, Laxmi Machine Works and Jindal Iron & Steel Company.

What did Hindustan Hardy report in Q1 FY27?

Hindustan Hardy reported standalone net sales of ₹24.35 crore in Q1 FY27, down 17.79% from ₹29.62 crore in the preceding March 2026 quarter and down 8.98% from ₹26.75 crore a year earlier. Revenue was also reported at about ₹24 crore in the quarterly results summary, with the detailed figure shown as ₹24.35 crore.

Standalone net profit was ₹1.18 crore, compared with ₹1.88 crore in the March 2026 quarter, a sequential decline of 37.23%. The company’s Q1 FY27 profit was also reported as down about 60% year-on-year. Basic earnings per share for the June 2026 quarter stood at ₹7.85.

Operating profit before depreciation, interest and tax, excluding other income, was ₹1.87 crore, against ₹2.71 crore in the prior quarter. Operating profit margin declined to 7.68% from 9.15%, while the net margin in the latest quarterly summary was 4.8%.

How do the latest quarterly figures compare?

Hindustan Hardy’s June-quarter numbers were lower than the March-quarter figures across sales, operating profit and net profit. The reported data points to a weaker start to FY27 after the company recorded ₹29.62 crore of net sales in Q4 FY26.

The March 2026 quarter had delivered 17.98% year-on-year growth in standalone net sales. By contrast, the June 2026 quarter marked a reversal, with sales declining 8.98% year-on-year and profit declining sharply from the year-earlier level.

Why are the September-quarter results important for investors?

The September-quarter results are important because they will show whether the June-quarter decline in revenue and profitability continued into the second quarter. Q1 FY27 operating profit margin of 7.68% was below the 9.15% reported in March 2026, while net profit fell to ₹1.18 crore.

The company’s quarterly revenue trend had strengthened through much of FY25 and FY26. Revenue increased from ₹17 crore in June 2024 to ₹27 crore in June 2025 and then reached ₹30 crore in March 2026, based on the quarterly series provided. The June 2026 revenue of ₹24 crore rounded off from the detailed figure represented a year-on-year contraction.

Hindustan Hardy operates in the propeller-shaft market and is described as one of four major players in India. It was incorporated in 1982 and was formerly known as Hindustan Hardy Spicer. The company is a subsidiary of XLO India Private Limited, which holds 66.07%.

What should investors track in the Q2 FY27 disclosure?

Investors will be able to track revenue, operating profit, operating margin, net profit and earnings per share when Hindustan Hardy releases the September-quarter results. The half-year disclosure will also place the June and September quarters together, offering a clearer view of the first half of FY27.

The available information does not disclose a financial target or management outlook for the September quarter. Therefore, the November 5 board outcome will be the relevant scheduled update for assessing whether the changes reported in Q1 FY27 were followed by improvement or further pressure in the second quarter.

Hindustan Hardy paid a final dividend of ₹2.80 per share on September 3, 2026, according to the listed corporate actions. This was recorded after the June-quarter results and before the scheduled Q2 FY27 board meeting.

Conclusion

Hindustan Hardy’s November 5 board meeting is the next formal event for investors following a June quarter in which standalone net sales were ₹24.35 crore, operating margin was 7.68%, and net profit was ₹1.18 crore. These figures were lower than the preceding March quarter, while sales and profit also declined from the corresponding June 2025 period.

The key item to watch is the unaudited Q2 FY27 and half-year result for the period ended September 30, 2026. The company has scheduled the board meeting for November 5, and the disclosure should provide the next reported figures on sales, margins, profit and earnings per share.