Krishna Defence Q2 FY27 Revenue Rises 55.7% to ₹75.29 Crore

Krishna Defence & Allied Industries Ltd reported revenue from operations of ₹75.29 crore in Q2 FY27, up 55.7% year-on-year, according to its investor presentation released on 30 October 2026. The company also reported standalone EBITDA of ₹20.3 crore and a 26.9% EBITDA margin for the July to September quarter.

What did Krishna Defence report for Q2 FY27?

Krishna Defence reported operating revenue of ₹75.29 crore for Q2 FY27, compared with ₹48.36 crore in Q2 FY26. The reported year-on-year increase was 55.7%. On a sequential basis, revenue increased 30.73% from ₹57.59 crore in Q1 FY27.

The company announced its Q2 FY27 results on 29 October 2026. The quarterly period covered July to September 2026. Its investor presentation, published the following day, set out the revenue, profitability and capital-expenditure updates. The figures in the presentation are reported results and do not represent management guidance.

How did Krishna Defence's margins and profit change?

Krishna Defence's standalone EBITDA rose 119.9% year-on-year to ₹20.3 crore in Q2 FY27, while EBITDA margin expanded by 786 basis points to 26.9%. The margin increase was larger than the growth in revenue, indicating that the reported operating profit increased faster than quarterly operating revenue.

The investor presentation reported standalone profit after tax of ₹15.1 crore, up 120.4% year-on-year, with a net profit margin of 20.1%. Separately, reported consolidated quarterly-result data cited revenue of ₹75.29 crore and net profit of ₹15.32 crore. The difference reflects the use of standalone metrics in the investor presentation and consolidated metrics in the reported quarterly-results summary.

What does the first-half revenue data show?

Krishna Defence reported H1 FY27 revenue of ₹132.89 crore, representing growth of 14.3% year-on-year. The first-half revenue figure includes the April to September period and therefore includes both Q1 FY27 and Q2 FY27 performance.

The gap between the 55.7% Q2 growth rate and the 14.3% H1 growth rate shows that the September-quarter increase was stronger than the aggregate growth reported for the first six months. The available material does not provide an earnings-call transcript for the quarter, so the reasons for the quarterly movement are limited to the figures and operational updates disclosed in the investor presentation.

What capital expenditure projects has Krishna Defence disclosed?

Krishna Defence said its capacity expansion at the Halol, Gujarat facility had been completed and was operational as of 2026. The company also said construction had commenced for what it described as India's largest Autonomous Underwater Vehicle, or AUV, at the Halol facility.

These updates matter because the company manufactures defence-related products for the Indian Navy and Army, including shipbuilding steel sections, weld consumables, ballast bricks, composite doors and special profiles for armoured vehicles. Krishna Defence operates manufacturing facilities at Halol and Kalol in Gujarat. The presentation did not disclose a capex amount, commissioning date or revenue contribution for the AUV project.

How did the Q2 FY27 result affect investors and company disclosures?

Krishna Defence's reported growth in revenue, EBITDA and profit brought attention to its Q2 FY27 performance, particularly because EBITDA and PAT grew by more than 119% year-on-year on the standalone basis. The quarterly result summary also reported consolidated operating profit of ₹20.17 crore, up 33.05% sequentially, and consolidated net profit of ₹15.32 crore, up 33.92% from Q1 FY27.

The company also approved an interim dividend of ₹0.75 per share on 29 October 2026, with a record date of 5 November 2026, according to its corporate announcement. It had scheduled a post-results conference call with investors for 30 October 2026. However, the supplied material states that an earnings-call transcript had not been published, which limits the availability of management commentary on demand, order flow or future financial targets.

Conclusion

Krishna Defence delivered a stronger Q2 FY27, with revenue of ₹75.29 crore rising 55.7% year-on-year and standalone EBITDA margin reaching 26.9%. The result also showed higher reported profitability, while H1 FY27 revenue stood at ₹132.89 crore, up 14.3% year-on-year.

The key disclosed operational developments to watch are the use of the completed Halol capacity expansion and progress in construction of the AUV at the same facility. The available presentation does not state a completion timetable, capex amount or expected financial contribution for the AUV project.