Olympia Industries Q2 profit rises to Rs 63.06 lakh year-on-year

Olympia Industries Limited reported net profit of Rs 63.06 lakh for the quarter ended September 30, 2026, up from Rs 55.66 lakh a year earlier, while profit for the half year rose to Rs 125.14 lakh from Rs 95.57 lakh. Quarterly profit before tax increased to Rs 80.26 lakh.

How did Olympia Industries perform in the September 2026 quarter?

Olympia Industries earned net profit of Rs 63.06 lakh in the quarter ended September 30, 2026, compared with Rs 55.66 lakh in the quarter ended September 30, 2025 and Rs 62.08 lakh in the quarter ended June 30, 2026. The year-on-year increase was Rs 7.40 lakh, while the sequential increase was Rs 0.98 lakh.

Profit before tax was Rs 80.26 lakh, against Rs 71.66 lakh a year earlier and Rs 79.08 lakh in the preceding quarter. No exceptional item was reported in any of the three quarterly columns. Tax expense for the September 2026 quarter was Rs 17.20 lakh, comprising current tax of Rs 20 lakh and deferred-tax income of Rs 2.80 lakh.

The September-quarter result was approved by Olympia Industries’ board on November 5, 2026. The filing describes the results as unaudited, and the board meeting ran from 4 p.m. Indian Standard Time to 5 p.m. Indian Standard Time. The company has a paid-up equity share capital of Rs 6.02 crore, based on a face value of Rs 10 per share.

Why did Olympia Industries’ quarterly profit rise despite lower revenue?

Olympia Industries’ reported figures show that expenses fell more than revenue in the year-on-year comparison, alongside a Rs 8.60 lakh increase in profit before tax. Total revenue declined by Rs 13.69 crore to Rs 83.75 crore in the September 2026 quarter from Rs 97.44 crore a year earlier, while total expenses declined by Rs 13.78 crore to Rs 82.94 crore.

Sequentially, total revenue fell by Rs 15.42 crore from Rs 99.17 crore in the June 2026 quarter, and total expenses fell by Rs 12.44 crore from Rs 95.38 crore. Despite the lower revenue, profit before tax increased by Rs 1.18 lakh. The filing does not provide management commentary attributing the profit movement to a specific cost category or commercial event.

Olympia Industries reported costs under purchases of stock-in-trade, inventory changes, employee costs, finance costs, depreciation and amortisation, and other expenses. The company said its activities fall within one primary business segment, trading of goods and services. It therefore stated that the operating-segment disclosure requirements under Indian Accounting Standard 108, or Ind AS 108, were not applicable.

What do Olympia Industries’ first-half results show?

Olympia Industries reported first-half net profit of Rs 125.14 lakh for the half year ended September 30, 2026, up Rs 29.57 lakh from Rs 95.57 lakh in the corresponding 2025 period. Profit before tax increased by Rs 35.57 lakh to Rs 159.34 lakh from Rs 123.77 lakh, before tax expense of Rs 34.20 lakh.

First-half revenue increased to Rs 182.92 crore from Rs 172.26 crore a year earlier, a rise of Rs 10.66 crore. Total expenses rose to Rs 181.33 crore from Rs 171.02 crore, an increase of Rs 10.31 crore. The difference between revenue and expenses supported the higher first-half profit before tax.

The half-year figure combines the June 2026 and September 2026 quarters. Olympia Industries said earnings per share, or EPS, were not annualised for the quarter and half year ended September 30, 2026, or for the comparable 2025 periods. The company prepared the results under Indian Accounting Standards, including Ind AS 34 on interim financial reporting.

What changed in Olympia Industries’ balance sheet by September 2026?

Olympia Industries’ total assets were Rs 132.53 crore at September 30, 2026, compared with Rs 147.88 crore at March 31, 2026. Current assets fell to Rs 117.74 crore from Rs 133.50 crore, while non-current assets increased to Rs 14.79 crore from Rs 14.38 crore.

Inventory decreased to Rs 83.04 crore at September 30 from Rs 90.78 crore at March 31. Trade receivables declined to Rs 31.97 crore from Rs 41.62 crore over the same period, while cash and cash equivalents rose to Rs 5.46 lakh from Rs 2.47 lakh. Other financial assets increased to Rs 2.68 crore from Rs 1.08 crore.

Total equity rose to Rs 56.27 crore from Rs 55.02 crore during the six months. Share capital remained Rs 6.02 crore, while reserves increased to Rs 50.24 crore from Rs 48.99 crore. The increase in equity of Rs 1.25 crore corresponds to the reported first-half profit of Rs 125.14 lakh, although the filing does not provide a separate reconciliation of every reserve movement.

Current liabilities declined to Rs 70.42 crore from Rs 91.10 crore. Trade payables other than dues to micro and small enterprises fell to Rs 26.25 crore from Rs 44.07 crore, while current borrowings were Rs 40 crore compared with Rs 41.24 crore. Non-current liabilities increased to Rs 5.85 crore from Rs 1.77 crore, including non-current borrowings of Rs 4.95 crore.

Was Olympia Industries’ September 2026 result audited?

Olympia Industries’ September 2026 results were subject to a limited review rather than a full audit. R. A. Kuvadia & Co., the statutory auditor, reviewed the quarter and half-year financial results and said nothing had come to its attention to indicate that the statements did not disclose required information or contained a material misstatement.

The auditor stated that a limited review is conducted under Standard on Review Engagement 2410 and provides moderate assurance. It also stated that the review is limited mainly to enquiries and analytical procedures, and does not result in an audit opinion. The board approved the unaudited results under Regulations 30 and 33 of the Securities and Exchange Board of India’s Listing Obligations and Disclosure Requirements Regulations, 2015.

Olympia Industries said previous-period figures were regrouped or reclassified where necessary to align with the current presentation. The company also said the approved financial results would be published in newspapers as required under Regulation 47 and made available on its website after the November 5, 2026 board meeting.

Conclusion

Olympia Industries’ September 2026 results show higher profit in both the quarter and the first half. Quarterly net profit rose to Rs 63.06 lakh despite revenue falling from both the year-earlier and June 2026 quarters, while half-year net profit increased to Rs 125.14 lakh as first-half revenue rose to Rs 182.92 crore.

The next disclosed step is publication of the November 5, 2026 approved results in newspapers and on Olympia Industries’ website. Subsequent filings will show whether quarterly revenue changes from Rs 83.75 crore, and whether the declines in inventory, receivables, trade payables and current liabilities continue after September 30, 2026.