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Eureka Forbes Q2 profit rises 17.8% to ₹74 cr, revenue up 11.5% to ₹888 cr
Sentiment: PositiveHigh Priority
What Happened?
Eureka Forbes Ltd reported a 17.76% increase in consolidated net profit to ₹74.09 crore for Q2 FY27, driven by strong water purifier sales. Revenue rose 15% to ₹888.47 crore.
Key points
- Eureka Forbes' net profit for Q2 FY27 was ₹74.09 crore, up from ₹62.91 crore in the same quarter last year.
- Revenue from operations increased by 15% to ₹888.47 crore compared to ₹772.08 crore in Q2 FY26.
- Total expenses rose by 14.8% to ₹795.68 crore in Q2 FY27.
- The company's total consolidated income for the first half of FY27 was ₹1,602.64 crore.
- Emerging product categories, including robotic cleaning devices and air purifiers, showed strong growth.
- Shares of Eureka Forbes closed at ₹343.70, up 9.93% from the previous close.
Key insights
- Eureka Forbes' strong performance in water purifiers could enhance its market position.
- The growth in emerging categories may lead to increased competition in the health and hygiene sector.
- Continued investment in product development may sustain revenue growth in future quarters.
Why it matters
The growth in profit and revenue indicates strong market demand for Eureka Forbes' products, particularly in water purification.
Entities
Eureka Forbes Ltd· CompanyAdvent International· Organization
Source
Business Standard
