S&S Power Switchgear to approve Q2 FY27 results on November 13

S&S Power Switchgear Ltd. is scheduled to consider unaudited Q2 FY27 standalone and consolidated results on November 13, 2026, after reporting Q1 FY27 consolidated revenue of ₹71.65 crore, up 21% year-on-year. The board meeting covers the quarter and half year ended September 30, 2026, and will provide the next update on margins and profitability.

When will S&S Power Switchgear approve its Q2 FY27 results?

S&S Power Switchgear will consider and approve its unaudited standalone and consolidated financial results for Q2 FY27 at a board meeting on Friday, November 13, 2026. The company disclosed the meeting plan in an NSE filing dated November 3, 2026.

The results will cover the three months and six months ended September 30, 2026. The company had listed the Q2 FY27 reporting date as 44 days after the close of the July-September quarter. No Q2 FY27 financial figures were included in the available announcement before the board meeting.

The scheduled approval matters because the June-quarter result showed revenue growth but a weaker profit outcome. Investors will be able to compare the September-quarter operating performance with the June 2026 quarter and with the corresponding September 2025 period once the filing is released.

What did S&S Power Switchgear report in Q1 FY27?

S&S Power Switchgear reported consolidated revenue from operations of ₹71.65 crore in Q1 FY27, representing 21% year-on-year growth, while another results summary put consolidated sales at ₹71.21 crore. The available data also reported a consolidated net loss of ₹0.26 crore for the June 2026 quarter.

A consolidated comparison based on company filings showed sales of ₹71.2 crore in June 2026, against ₹65.1 crore in March 2026 and ₹59.4 crore in June 2025. On that basis, sales increased 20% year-on-year. EBITDA was ₹1.8 crore, compared with ₹3.0 crore a year earlier and ₹4.9 crore in the preceding quarter.

The same comparison showed earnings per share of negative ₹0.21 for June 2026, versus ₹1.43 in June 2025 and ₹1.54 in March 2026. Separately, the company announced standalone profit of ₹47.66 lakh alongside the Q1 FY27 consolidated revenue update. Standalone and consolidated results represent different reporting bases and should not be treated as directly interchangeable.

Why did profitability weaken despite higher June-quarter sales?

S&S Power Switchgear's June 2026 sales grew while expenses also increased, reducing operating profitability. The available quarterly table showed expenses of ₹69.44 crore against sales of ₹71.21 crore, resulting in operating profit of ₹1.77 crore and an operating profit margin of 2.49%.

For the June quarter, reported expenses were up 12.4% quarter-on-quarter and 22.9% year-on-year. The source also reported that EBITDA declined 42% year-on-year to ₹1.8 crore. These figures indicate that cost growth exceeded the pace needed to preserve prior-period profitability, despite higher revenue.

The operating-profit trend has been uneven across recent quarters. It stood at ₹3.04 crore in June 2025, turned negative at ₹2.81 crore in September 2025, recovered to ₹4.68 crore in December 2025 and reached ₹4.93 crore in March 2026 before declining in June 2026. This variation makes the Q2 FY27 margin outcome an important data point.

How have recent financial trends affected investors?

S&S Power Switchgear's Q1 FY27 figures gave investors evidence of continued revenue growth but also highlighted profit volatility. The June-quarter net result moved to a loss of ₹0.26 crore, while the year-earlier comparable quarter recorded net profit of ₹1.8 crore in the cited consolidated comparison.

The company’s prior Q2 FY26 results also reflected pressure on earnings. Revenue from operations was reported at ₹71.21 crore, while net profit was stated at ₹0.26 crore, down 113.68% in the cited report. EBITDA for that quarter was ₹1 crore, down 33.17% year-on-year, and total expenses rose 15.47% year-on-year to ₹70.15 crore.

The reported share price fell 2.67% to ₹320.20 following that Q2 FY26 update. The available information does not establish a price reaction for Q2 FY27 because the results had not yet been approved. Investors will likely focus on revenue conversion into operating profit, the expense trajectory and whether the company returns to consolidated profitability.

What financial background should investors track before the Q2 filing?

S&S Power Switchgear reported revenue from operations of ₹184.06 crore for the trailing 12 months ended FY26, up 15.28% from the previous trailing period. The same source stated that net profit declined 187.73% to ₹3.79 crore, while operating cash flow was ₹11.61 crore in FY26, compared with ₹5.83 crore in FY25.

The company’s reported equity capital was ₹12.34 crore as of March 2025, compared with ₹6.20 crore in June 2024 and March 2024. Reserves and surplus were reported at ₹93.15 crore in March 2025. These balance-sheet figures are historical disclosures and do not indicate the position at September 30, 2026.

The upcoming filing is expected to include both quarterly and half-year numbers. A like-for-like assessment will require investors to distinguish between standalone and consolidated data, compare the September quarter with September 2025, and review any management disclosures accompanying the approved financial statements.

Conclusion

S&S Power Switchgear enters its Q2 FY27 board meeting after a June quarter in which consolidated revenue rose to ₹71.65 crore but the company reported a small consolidated loss and lower EBITDA than in the comparable periods. The available data points to growth in sales alongside pressure on costs and operating margins.

The next item to watch is the board’s approval of unaudited standalone and consolidated results for the quarter and half year ended September 30, 2026, scheduled for November 13. The filing should clarify September-quarter sales, expenses, EBITDA, profit or loss, and the company’s progress after the June-quarter result.