New Delhi: Krishna Defence and Allied Industries Limited (KDAIL) on November 05 announced its unaudited financial results for the quarter and half year ended September 30, 2026 (Q2FY27 and H1FY27). The company reported strong growth in its consolidated financial performance for the second quarter of FY27, with an improvement in revenue and profitability compared to the corresponding period last year.
For Q2FY27, KDAIL recorded consolidated revenue from operations of Rs 752.93 million, compared to Rs 483.63 million in Q2FY26, registering a year-on-year growth of 55.7%. Profit before tax (PBT) increased 124.5% to Rs 205.08 million from Rs 91.36 million in the corresponding quarter last year. Net profit attributable to the owners of the company stood at Rs 153.58 million, compared to Rs 89.18 million in Q2FY26, reflecting a growth of 72.2%. Earnings per share (basic) stood at Rs 10.28, compared to Rs 5.99 in the corresponding quarter.
For the half year ended 30th September 2026, the company recorded consolidated revenue from operations of Rs 1,328.93 million, compared to Rs 1,162.75 million in H1FY26, registering a year-on-year growth of 14.3%. PBT increased 70.1% to Rs 354.08 million from Rs 208.14 million in the corresponding period last year. Net profit attributable to the owners of the company stood at Rs 267.62 million, compared to Rs 184.03 million in H1FY26, marking a growth of 45.4%. Basic earnings per share for H1FY27 stood at Rs 17.94, compared to Rs 10.81 in H1FY26.
The company’s consolidated financial results reflect the contribution of its associate companies. During Q2FY27, the share of profit from associates stood at Rs 27.86 lakh, compared to Rs 205.65 lakh in Q2FY26. For H1FY27, the share of profit from associates stood at Rs 5.43 lakh, compared to Rs 276.05 lakh in H1FY26.
The company operates in the Defence Products segment, identified as the Group’s principal business activity. The Board also noted that during the previous quarter ended June 30, 2026, the holding company subscribed to equity shares of Krishna Vabo Defence Composites Private Limited, resulting in a 51% equity holding. As of September 30, 2026, no consideration had been remitted towards the said subscription.
The Board of Directors declared an interim dividend of Rs 0.75 per equity share of Rs 10 each, representing 7.5% for FY2026-27. The record date for determining the eligibility of shareholders to receive the interim dividend has been fixed as November 05, 2026.
“Q2FY27 has been a strong quarter for Krishna Defence, with consolidated revenue growing 55.7% and net profit increasing 72.2% year-on-year. We have also recorded a 70.1% growth in profit before tax during the first half of FY27, reflecting the improvement in our financial performance. Our focus remains on strengthening our position in the defence manufacturing sector and building capabilities that support India’s growing indigenous defence requirements. The continued development of our subsidiary and associate businesses is an important part of this effort. As we move forward, we remain focused on sustaining our growth momentum, strengthening our business operations and contributing to India’s defence manufacturing capabilities,” said Ankur Shah, Managing Director, Krishna Defence and Allied Industries Limited.
The unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026, along with the Limited Review Reports of the auditors, were approved by the Board of Directors at its meeting held on October 29, 2026.
