Surya India Limited Q2 Profit Rises 23% to ₹45.33 Lakh
Key highlights
- Surya India Limited reported Q2 FY27 revenue from operations of ₹184.27 lakh, up 10% from ₹167.51 lakh in Q1 FY27.
- Leasing activities generated ₹102.96 lakh in Q2 FY27, compared with ₹87.74 lakh in the preceding quarter.
- Surya India Limited reported cash and cash equivalents of ₹583.34 lakh as of September 30, 2026.
- H1 FY27 net profit was ₹106.61 lakh, marginally above ₹104.92 lakh in H1 FY26.
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Surya India Limited reported a Q2 FY27 net profit of ₹45.33 lakh, up 23% from the preceding quarter, while revenue from operations increased 10% sequentially to ₹184.27 lakh for the quarter ended September 30, 2026. The result matters because leasing remained the company’s largest revenue contributor, although first-half profit growth was limited.
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What did Surya India Limited report for Q2 FY27?
Surya India Limited reported revenue from operations and total income of ₹184.27 lakh in Q2 FY27. Revenue increased from ₹167.51 lakh in Q1 FY27 and ₹182.65 lakh in Q2 FY26, representing sequential growth of 10% and year-on-year growth of 1%, respectively.
The company reported total expenses of ₹104.50 lakh, resulting in profit before tax of ₹79.77 lakh. Current tax was ₹23.41 lakh, while deferred tax was reported as negative ₹4.92 lakh. Profit for the period stood at ₹45.33 lakh, compared with ₹45.33 lakh in the preceding-quarter figure cited in the results context. Basic and diluted earnings per share were both ₹0.88.
The Board of Directors considered, approved and took on record the unaudited quarterly and half-yearly financial results on November 12, 2026. The results were reviewed by the Audit Committee and accompanied by a Limited Review Report from the statutory auditors.
Which business activities generated Surya India Limited's revenue?
Leasing activities generated ₹102.96 lakh of Surya India Limited's Q2 FY27 revenue, making them the primary contributor to the top line. Leasing revenue rose from ₹87.74 lakh in Q1 FY27, accounting for the main part of the sequential increase in operating revenue.
Financing activities contributed ₹81.30 lakh during the quarter, compared with ₹79.77 lakh in Q1 FY27. This indicates that financing income was broadly stable sequentially, while leasing activities supplied most of the quarter-on-quarter growth.
Employee benefit expenses increased to ₹68.69 lakh in Q2 FY27 from ₹47.64 lakh in the corresponding quarter of the previous year. The available results information does not provide a detailed break-up of all expenses or explain the reason for the increase in employee costs.
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How did Surya India Limited perform in the first half of FY27?
Surya India Limited reported H1 FY27 revenue from operations of ₹351.78 lakh and total expenses of ₹207.25 lakh for the six months ended September 30, 2026. The first-half revenue figure reflects the combined performance of the June and September quarters.
H1 FY27 net profit was ₹106.61 lakh, marginally higher than ₹104.92 lakh recorded in H1 FY26. This modest year-on-year movement suggests that the stronger September-quarter performance helped offset a weaker first quarter, while overall profitability in the first half remained largely flat from the previous year.
The difference between quarterly and half-year trends is relevant for investors assessing earnings consistency. Q2 revenue expanded from the preceding quarter, but the limited rise in first-half profit shows that the improvement did not materially change the year-on-year profit position for the six-month period.
What does Surya India Limited's balance sheet show?
Surya India Limited held cash and cash equivalents of ₹583.34 lakh as of September 30, 2026. Its total assets were ₹12,017.71 lakh, while equity share capital remained unchanged at ₹698.58 lakh.
These figures provide context for the company’s operating result, particularly because its quarterly revenue was ₹184.27 lakh. The supplied financial information does not disclose debt, cash-flow details, asset composition, or any capital-allocation decision alongside the results.
The company also reported other comprehensive income of negative ₹854.66 lakh, net of tax, and total comprehensive income of ₹63.06 lakh for Q2 FY27. These are reported figures from the results disclosure, and no explanation of the components underlying other comprehensive income was included in the available information.
How does the Q2 result affect investors and operations?
The Q2 FY27 result shows that Surya India Limited’s operating revenue grew sequentially, led by leasing income, and that financing income remained stable. For investors, the figures place attention on the sustainability of leasing revenue and the extent to which higher employee benefit expenses affect future profitability.
No share-price movement, market capitalisation, dividend decision, management outlook, or operational target was disclosed in the provided results information. As a result, the financial release supports an assessment of reported quarterly performance but does not establish a market reaction or a forecast for subsequent quarters.
Conclusion
Surya India Limited reported Q2 FY27 revenue of ₹184.27 lakh and net profit of ₹45.33 lakh, with leasing activities contributing ₹102.96 lakh. The quarter recorded sequential revenue growth, but H1 FY27 profit of ₹106.61 lakh was only slightly above the prior-year first-half figure of ₹104.92 lakh.
The next results release will show whether leasing income can maintain its contribution to revenue and whether costs, including employee benefit expenses, moderate. Investors can also monitor future disclosures for details on the reported other comprehensive income and the company’s balance-sheet deployment.


