Olympia Industries half-year profit rises 31% to Rs 1.2514 crore

Olympia Industries Limited reported unaudited profit of Rs 1.2514 crore for the half year ended September 30, 2026, up 31% from Rs 95.57 lakh a year earlier, as total revenue increased to Rs 182.92 crore from Rs 172.26 crore. The board approved the results on November 5, 2026.

How did Olympia Industries perform in the first half?

Olympia Industries increased profit for the half year ended September 30, 2026 to Rs 1.2514 crore from Rs 95.57 lakh in the corresponding 2025 period. The increase was Rs 29.57 lakh, while profit before tax rose to Rs 1.5934 crore from Rs 1.2377 crore.

Total revenue was Rs 182.92 crore for the September 2026 half year, compared with Rs 172.2621 crore in the year-earlier half year. This Rs 10.6579 crore increase was accompanied by total expenses of Rs 181.3267 crore, up from Rs 171.0244 crore, leaving a larger reported pre-tax surplus than a year earlier.

The reported tax expense for the six months was Rs 34.20 lakh, comprising current tax of Rs 30 lakh and deferred tax of Rs 4.20 lakh. In the corresponding 2025 half year, the company reported current tax expense of Rs 35 lakh and a deferred-tax credit of Rs 6.50 lakh.

Olympia Industries reported total comprehensive income of Rs 1.4415 crore for the September 2026 half year, against Rs 1.1458 crore a year earlier. Other comprehensive income was Rs 19.01 lakh in the latest half year, compared with Rs 19.01 lakh in the corresponding previous-year period.

What did Olympia Industries report for the September quarter?

Olympia Industries reported profit of Rs 63.06 lakh for the quarter ended September 30, 2026, compared with Rs 62.08 lakh for the quarter ended June 30, 2026 and Rs 55.66 lakh for the quarter ended September 30, 2025. The sequential increase was Rs 98,000 and the year-on-year increase was Rs 7.40 lakh.

Profit before tax was Rs 80.26 lakh in the September 2026 quarter, up from Rs 79.08 lakh in the June 2026 quarter and Rs 71.66 lakh a year earlier. Current tax was Rs 20 lakh in each of the September 2026 and June 2026 quarters, compared with Rs 2 lakh in the September 2025 quarter.

The September-quarter result accounted for slightly more than half of the half-year profit of Rs 1.2514 crore, with the June quarter providing Rs 62.08 lakh. The filing presents total revenue of Rs 182.92 crore for the six months, but the available quarterly revenue line is not sufficiently clear to state a standalone September-quarter revenue figure reliably.

Earnings per share, or EPS, was Rs 2.08 for both basic and diluted EPS in the half year ended September 30, 2026, compared with Rs 1.59 a year earlier. Olympia Industries said EPS was not annualised for the September 2026 quarter, June 2026 quarter or either half-year period.

What business segment produced Olympia Industries' results?

Olympia Industries identified trading of goods and services as its single primary business segment for the half year ended September 30, 2026. The company said that, because its activities fall within this one segment, the disclosure requirements of Indian Accounting Standard 108, or Ind AS 108, on operating segments were not applicable.

That classification means the reported Rs 182.92 crore revenue and Rs 1.2514 crore profit are not split in this filing among products, customer types or geographies. The statement therefore presents the result for the overall trading-of-goods-and-services business rather than separately reported operating divisions.

Olympia Industries prepared its financial statements under Indian Accounting Standards, or Ind AS, notified under the Companies (Indian Accounting Standards) Rules, 2015. The company also said previous-period figures had been regrouped or reclassified where necessary to correspond with the current period’s presentation.

The statutory auditor conducted a limited review of the unaudited results under Standard on Review Engagement 2410. The reviewer said nothing had come to its attention indicating that the September 30, 2026 statement failed to disclose information required by Regulation 33 of the Securities and Exchange Board of India listing regulations or contained a material misstatement.

How did Olympia Industries' financial position change?

Olympia Industries reported total assets of Rs 132.5285 crore at September 30, 2026, down from Rs 147.8835 crore at March 31, 2026. Current assets declined to Rs 117.7419 crore from Rs 133.5014 crore, while non-current assets increased to Rs 14.7866 crore from Rs 14.3821 crore.

Inventories fell to Rs 83.0383 crore at September 30 from Rs 90.7764 crore at the March year-end. Trade receivables declined to Rs 31.9670 crore from Rs 41.6221 crore, while other financial assets increased to Rs 2.6820 crore from Rs 1.0782 crore.

Total equity rose to Rs 56.2672 crore from Rs 55.0158 crore, as reserves increased to Rs 50.2436 crore from Rs 48.9922 crore. Paid-up equity share capital was unchanged at Rs 6.0236 crore, with a face value of Rs 10 per share.

Current liabilities decreased to Rs 70.4154 crore from Rs 91.1025 crore. Trade payables other than dues to micro and small enterprises fell to Rs 26.2516 crore from Rs 44.0693 crore, while current borrowings declined to Rs 40.0039 crore from Rs 41.2439 crore.

What did the cash-flow statement show for the half year?

Olympia Industries ended the September 2026 half year with cash and cash equivalents of Rs 5.46 lakh, compared with Rs 2.47 lakh at the beginning of the year. The net increase was Rs 2.99 lakh, versus an increase of Rs 89,000 in the half year ended September 30, 2025.

The cash-flow statement records net cash used in operating activities of Rs 25.38 lakh for the September 2026 half year. The company reported profit before tax of Rs 1.5934 crore for the same period, while working-capital movements included a Rs 15.7895 crore decrease in current assets and a Rs 19.7364 crore decrease in current liabilities.

Investing activities used Rs 45.51 lakh during the half year, including purchase of property, plant and equipment of Rs 23.13 lakh. The statement also records proceeds of Rs 1.30 crore from sale of property, plant and equipment and interest received of Rs 3.62 lakh.

Financing activities generated Rs 1.1738 crore, according to the cash-flow statement. This included bank term-loan proceeds of Rs 4.99 crore, partly offset by net repayment of short-term borrowings of Rs 1.3039 crore and finance costs of Rs 2.08 crore.

Conclusion

Olympia Industries reported higher half-year revenue, pre-tax profit and profit for the period than in the corresponding 2025 period. Revenue increased by Rs 10.6579 crore to Rs 182.92 crore, while profit rose by Rs 29.57 lakh to Rs 1.2514 crore; the September-quarter profit of Rs 63.06 lakh was Rs 98,000 above the June-quarter result.

What to watch next is the unresolved level of detail in the single-segment disclosure. Olympia Industries does not provide product, geographic or divisional contributions within its trading-of-goods-and-services segment, and the filing discloses no revenue target, expansion plan or scheduled operating milestone beyond the September 30, 2026 results.