• SENSEX 76,469.92
    -474.36 (--0.62%)
  • BANKNIFTY 57,409.60
    -615.35 (--1.06%)
Back

Results - Announcements

SRM Contractors Ltd consolidated sales down 55.97% on year in Q2FY2026, net profit tanked by 63.56%
13-Aug-2026, 07:24
SRM Contractors Ltd share price ticked higher by 1.03% to Rs 515.85. The Company's net profit plunged by 63.56% to Rs 19.71 crore, while revenue from operations nosedived 55.97% to Rs 196.26 crore in Q2FY26 over Q1FY26. The market capitalization of Civil Construction industry group stocks on BSE stood at Rs 9.29 lakh crore, tumbling by 17.30%. It has eased by 1.70% over last one week and dipped slightly by 0.41% in last one month while the market capitalization of SRM Contractors Ltd has softened by 2.39% and 6.82% in the same period respectively. Profit before tax (PBT) of SRM Contractors Ltd stood at Rs 24.27 crore in Q2 FY26, rallying 33.28% year-on-year, and nosediving by 65.23% quarter-on-quarter. EBITDA came in at Rs 37 crore, surging by 98.14% YoY and plunging by 45.97% sequentially. Total expenses saw a steep drop of 55.33% to Rs 168.34 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 118.99 crore, registering a fall of 66.09% YoY, while employee benefits expense was at Rs 13.82 crore, soaring 25.98% YoY. For the TTM ended FY26, revenue from operations soared by 54.23% to Rs 528.13 crore, while net profit jumped 103.93% to Rs 55.0 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 3767% to Rs 67.52 crore, and PBT witnessed a strong rise of 114.79% to Rs 74.34 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 1.99 crore in FY26, as against Rs 14.27 crore in FY25. SRM Contractors Ltd surged by 8.11% in last one year, significantly outperforming the benchmark BSE Sensex which has softened by 2.83% during the same period.