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(30/10/2026 18:00)

Indigo Paints Q2 net profit down 45.91% at Rs 13.81 cr

The company reported standalone net profit of Rs 13.81 crore for the quarter ended September 30, 2026 as compared to Rs 25.53 crore in the same period last year, registering a year-on-year decline of 45.91 per cent.

Net revenue of the company rose moderately by 14.06 per cent at Rs 340.48 crore in July-September quarter of this fiscal as against Rs 298.50 crore in the corresponding period last year.

During July-September quarter, operating expenses increased by 22.74 per cent to Rs 310.16 crore from Rs 252.69 crore in year ago period.

Other Income dipped by 27.37 per cent at Rs 1.99 crore versus (Sep'25 Rs 2.74 crore).

Operating Profit slipped by 33.79 per cent to Rs 30.33 crore as against Rs 45.81 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 41.95 per cent in September quarter.

Interest grew by 12.96 per cent y-o-y to Rs 0.61 crore, while Taxation decreased by 60.12 per cent at Rs 3.43 crore (Sep'25 Rs 8.60 crore).