MITCON Q2 FY27 Profit Rises 531.63% on Rs 86.78 Crore Revenue

MITCON reported Q2 FY27 consolidated net profit of Rs 6.19 crore, up 531.63% year on year, while revenue rose 194.57% to Rs 86.78 crore for the quarter ended September 2026. The results, declared on 6 November 2026, show a substantial expansion in the company’s quarterly operating scale.

What did MITCON report in Q2 FY27?

Mitcon Consultancy & Engineering Services Ltd (MITCON) reported consolidated revenue of Rs 86.78 crore and profit after tax of Rs 6.19 crore for Q2 FY27. The July-September 2026 quarter was materially stronger than the corresponding quarter a year earlier, when revenue stood at Rs 29.46 crore and net profit was Rs 0.98 crore.

Operating profit rose to Rs 12.69 crore from Rs 5.78 crore in Q2 FY26, representing year-on-year growth of 119.55%. The growth in operating profit was lower than the increase in revenue, while the sharp rise in profit after tax reflected the company’s reported quarterly financial outcome. The figures are on a consolidated basis and were disclosed in the company’s filing dated 6 November 2026.

How did MITCON’s quarterly numbers compare with last year?

MITCON’s Q2 FY27 revenue increased by Rs 57.32 crore from the year-earlier quarter, and net profit increased by Rs 5.21 crore. Revenue growth of 194.57% was the largest reported increase among the key financial metrics, while profit after tax rose 531.63% from a comparatively low base of Rs 0.98 crore in Q2 FY26.

The Q2 result also followed a stronger first quarter. MITCON reported Q1 FY27 revenue of Rs 67.58 crore and net profit of Rs 2.74 crore for the quarter ended June 2026, based on figures cited in the available disclosures. On that basis, Q2 revenue was higher by Rs 19.20 crore and Q2 net profit was higher by Rs 3.45 crore than Q1 FY27.

What businesses does MITCON operate in?

MITCON provides consultancy and engineering services across power plant consultancy, energy and carbon services, environmental management and engineering, banking and finance, securitisation and financial restructuring, and biotechnology and pharmaceutical services. The company is headquartered in Pune and has offices in Mumbai, New Delhi, Ahmedabad, Chennai, Bengaluru and Nagpur.

The company describes itself as an ISO 9001:2008-certified deemed government company. Its presence across several service areas means quarterly performance can be influenced by the timing and execution of consultancy, engineering and associated service assignments. The Q2 announcement provides aggregate financial data, but the provided information does not give a business-segment breakup of revenue or profit.

MITCON’s recent annual financial record provides context for the higher quarterly revenue reported in FY27. For FY26, the company reported revenue from operations of Rs 125.67 crore and net profit of Rs 8.09 crore, compared with revenue of Rs 112.71 crore and net profit of Rs 5.56 crore in FY25. The Q2 FY27 revenue of Rs 86.78 crore alone represented a significant portion of the FY26 annual revenue figure.

How do the Q2 results matter for investors and operations?

MITCON’s Q2 FY27 results matter because both revenue and profit improved substantially from the same quarter last year. The company’s quarterly revenue of Rs 86.78 crore was nearly three times Q2 FY26 revenue, while net profit of Rs 6.19 crore was more than six times the prior-year quarterly profit.

For investors, the key reported indicators are the pace of revenue growth, the operating profit increase, and the conversion of profit growth into net earnings. Operating profit rose by 119.55%, compared with revenue growth of 194.57%. The information provided does not include the detailed expense mix, order book, cash flow, debt position, or management guidance needed to assess the durability of the quarterly performance.

The Q2 disclosure was considered by the board on 6 November 2026, the scheduled date for the company’s results meeting. MITCON had also reported a quarterly and operational performance update through a BSE corporate announcement dated 9 October 2026. Separately, its registrar and share transfer agent confirmed the handling of share dematerialisation requests for the quarter and half year ended 30 September 2026.

Conclusion

MITCON delivered a strong reported Q2 FY27 performance, with consolidated revenue of Rs 86.78 crore, operating profit of Rs 12.69 crore and net profit of Rs 6.19 crore. Compared with Q2 FY26, revenue rose 194.57%, operating profit increased 119.55%, and profit after tax rose 531.63%.

The next area to watch is whether MITCON provides further detail on revenue sources, costs, operating margins and project activity in subsequent filings. Investors can also compare future quarterly disclosures with Q1 and Q2 FY27 figures to assess how the company’s higher revenue base develops through the remainder of the financial year.