Prakash Pipes Limited Q2 profit rises 72% to Rs 16.08 crore

Prakash Pipes Limited reported net profit of Rs 16.08 crore for the quarter ended 30 September 2026, up 72% from Rs 9.36 crore a year earlier, as income from operations rose 43% to Rs 259.08 crore. The unaudited results were approved by its board on 12 November 2026 after Audit Committee review.

What did Prakash Pipes report for the September 2026 quarter?

Prakash Pipes reported income from operations of Rs 259.08 crore and net profit after tax and exceptional items of Rs 16.08 crore for the quarter ended 30 September 2026. Profit before tax and exceptional items was Rs 21.90 crore, while total comprehensive income after tax was Rs 16.06 crore.

The company’s paid-up equity share capital was Rs 23.92 crore, based on a face value of Rs 10 per share. Basic and diluted earnings per share were both Rs 6.72 for the quarter, compared with Rs 3.91 in the quarter ended 30 September 2025.

How did Prakash Pipes’ profit compare with revenue growth?

Prakash Pipes’ net profit rose by Rs 6.72 crore year-on-year, exceeding the 43.15% increase in income from operations. Income increased by Rs 78.09 crore from Rs 180.99 crore in the September 2025 quarter to Rs 259.08 crore in the September 2026 quarter.

Profit before tax increased by Rs 9.45 crore to Rs 21.90 crore from Rs 12.45 crore. Based on the reported figures, profit before tax was 8.45% of quarterly income in 2026, compared with 6.88% a year earlier; these are calculations from the disclosed figures.

Net profit represented 6.21% of income in the latest quarter, compared with 5.17% in the corresponding prior-year period, based on the company’s reported income and profit. Total comprehensive income increased by Rs 6.77 crore to Rs 16.06 crore from Rs 9.29 crore.

What do Prakash Pipes’ first-half results show?

Prakash Pipes reported income from operations of Rs 500.53 crore and net profit of Rs 32.50 crore for the half year ended 30 September 2026. Profit before tax and exceptional items was Rs 43.95 crore, and total comprehensive income was Rs 32.46 crore.

The September quarter accounted for Rs 259.08 crore of the Rs 500.53 crore first-half income and Rs 16.08 crore of the Rs 32.50 crore first-half net profit. The company reported basic and diluted earnings per share of Rs 13.55 for the half year.

The results extract does not provide a corresponding half-year period ended 30 September 2025. It therefore supports a disclosed year-on-year comparison for the September quarter, but not for the six months ended 30 September 2026.

How does the latest quarter compare with the last financial year?

Prakash Pipes reported income from operations of Rs 788.71 crore and net profit of Rs 43.26 crore for the year ended 31 March 2026. The September 2026 quarter’s income of Rs 259.08 crore was about one-third of the prior full-year income, while its Rs 16.08 crore net profit was about 37% of the prior full-year profit.

For the year ended 31 March 2026, profit before tax and exceptional items was Rs 58.24 crore and total comprehensive income was Rs 43.19 crore. Other equity, as shown in the audited balance sheet of the previous year, was Rs 454.85 crore, while annual basic and diluted earnings per share were Rs 18.09.

What should readers track after Prakash Pipes’ results?

Prakash Pipes’ quarterly basic and diluted earnings per share rose to Rs 6.72 from Rs 3.91 while paid-up equity share capital remained Rs 23.92 crore in both September-quarter comparisons. The filing reports the same value for basic and diluted earnings per share in each disclosed period.

The results extract does not provide product, customer, geographic or operating-segment detail behind the Rs 259.08 crore quarterly income figure. It also provides no full-year target, revenue outlook or management commentary for 2026-27, although it states that previous-period figures have been regrouped or reclassified where necessary.

Conclusion

Prakash Pipes’ September 2026 quarter showed profit growth outpacing income growth, with net profit rising 71.79% to Rs 16.08 crore and income from operations increasing 43.15% to Rs 259.08 crore. First-half net profit reached Rs 32.50 crore on Rs 500.53 crore of income, with half-year earnings per share of Rs 13.55.

The next result announcement will show whether the September-quarter income and profit increases continue through the second half of 2026-27. Prakash Pipes disclosed no management target, operating plan or outlook in this results extract, and did not provide a comparable first-half 2025 figure.