Patels Airtemp September-quarter revenue more than doubles

Patels Airtemp (India) Limited reported revenue from operations of Rs 48.84 crore for the quarter ended 30 September 2026, more than double the Rs 22.04 crore reported a year earlier, while net profit rose to Rs 2.07 crore from Rs 66.12 lakh. The unaudited results were approved by the board on 31 October 2026.

How much did Patels Airtemp’s September-quarter revenue grow?

Patels Airtemp’s revenue from operations increased by Rs 26.80 crore year on year to Rs 48.84 crore in the quarter ended 30 September 2026, compared with Rs 22.04 crore in the corresponding three months ended 30 September 2025. The reported increase was about 122%, taking operating revenue to more than twice its level in the comparable quarter.

Total income, which includes other income, rose to Rs 49.57 crore from Rs 23.43 crore. Other income declined to Rs 73.48 lakh from Rs 1.39 crore, so the Rs 26.14 crore increase in total income principally reflected the rise in revenue from operations rather than non-operating income.

The results are labelled unaudited and cover the quarter and half year ended 30 September 2026. Patels Airtemp filed the extract under Regulation 33 of the Securities and Exchange Board of India, or SEBI, Listing Obligations and Disclosure Requirements Regulations, 2015.

How did Patels Airtemp’s quarterly profit change?

Patels Airtemp’s net profit for the September 2026 quarter was Rs 2.07 crore, compared with Rs 66.12 lakh in the September 2025 quarter. The Rs 1.41 crore increase took reported profit to more than three times the previous-year quarter’s figure, alongside the Rs 26.80 crore rise in revenue from operations.

Profit before tax was Rs 2.76 crore in the latest quarter, against Rs 1.70 crore a year earlier. The difference between profit before tax and net profit was Rs 69.61 lakh in the September 2026 quarter, based on the figures in the published extract.

The extract reports profit before exceptional items and tax at the same Rs 2.76 crore as profit before tax for the September 2026 quarter. Both measures were also Rs 1.70 crore in the corresponding September 2025 quarter, with no separate exceptional or extraordinary item line reported in the summary.

What do Patels Airtemp’s half-year figures show?

Patels Airtemp reported revenue from operations of Rs 64.35 crore for the half year ended 30 September 2026, while total income was Rs 65.35 crore. The six-month revenue was Rs 15.51 crore higher than the Rs 48.84 crore reported for the September quarter alone, reflecting the inclusion of another quarter in the half-year period.

Net profit for the half year was Rs 1.45 crore, below the Rs 2.07 crore recorded in the September quarter. The newspaper extract does not give a separate first-quarter income statement, but the relationship between the reported half-year and September-quarter figures indicates that the other quarter reduced the six-month profit total.

Profit before tax for the half year was Rs 2.00 crore, also lower than the September-quarter figure of Rs 2.76 crore. Other income was Rs 99.40 lakh for the six months, compared with Rs 73.48 lakh in the September quarter, while the extract provides no corresponding prior-year half-year figures.

How do the latest figures compare with Patels Airtemp’s last full year?

Patels Airtemp reported revenue from operations of Rs 252.93 crore for the year ended 31 March 2026, compared with Rs 64.35 crore for the half year ended 30 September 2026. The earlier figure is for a completed audited financial year, while the latest six-month number is unaudited and does not constitute a full-year comparison.

Net profit for the year ended 31 March 2026 was Rs 10.27 crore, against Rs 1.45 crore for the half year ended 30 September 2026. Total income in the audited year was Rs 256.98 crore and profit before tax was Rs 13.90 crore.

The September 2026 filing does not explain changes in orders, product mix, costs, margins, customers or operating segments. It also does not include a management forecast or target for the year ending 31 March 2027.

What happened to Patels Airtemp’s earnings per share?

Patels Airtemp reported basic and diluted earnings per share, or EPS, of Rs 3.78 for the quarter ended 30 September 2026, up from Rs 1.21 in the corresponding quarter a year earlier. The company marked the quarterly EPS figures as not annualised, meaning they apply to the reported quarter rather than an annual estimate.

For the half year ended 30 September 2026, basic and diluted EPS were both Rs 2.64. This was below the quarterly Rs 3.78, consistent with half-year net profit of Rs 1.45 crore being lower than the September-quarter profit of Rs 2.07 crore.

Paid-up equity share capital was unchanged at Rs 5.47 crore in the September 2026 quarter, September 2025 quarter, half year ended September 2026 and year ended March 2026. The results extract states that each equity share has a face value of Rs 10.

Conclusion

The September-quarter figures show that Patels Airtemp’s operating-income increase was accompanied by higher reported profit, even as other income declined to Rs 73.48 lakh from Rs 1.39 crore. Profit before tax rose to Rs 2.76 crore from Rs 1.70 crore, while quarterly EPS increased to Rs 3.78 from Rs 1.21.

The key unresolved point in the filing is why half-year net profit of Rs 1.45 crore was below September-quarter net profit of Rs 2.07 crore, because no separate June-quarter income statement or operating explanation appears in the published extract. Patels Airtemp said the detailed financial results for the quarter and half year ended 30 September 2026 are available on its website and the BSE website.