Pitti Engineering's Q2 revenue rises 21% to ₹578 crore; board approves ₹450 crore capex

What happened

• Revenue was ₹578.44 crore against ₹477.73 crore, up 21%, and profit after tax was ₹33.89 crore against ₹40.09 crore, according to Whalesbook. Sahi gave the revenue as ₹578 crore against ₹477 crore, up 21.17%.
• Multibagg reported total income of ₹580.5 crore, up 16.3%, adjusted EBITDA of ₹91.3 crore, up 13.6%, and adjusted profit after tax of ₹36.3 crore, down 15.1%. Whalesbook noted that the results reflect the merger with Pitti Industries and Dakshin Foundry.
• The ₹450 crore plan consolidates lamination manufacturing units in Karnataka and runs through FY2030-31, per Whalesbook. Multibagg said it lifts laminations capacity to 160,000 tonnes, with a new unit in Bengaluru. Whalesbook also reported an interim dividend of ₹2 a share with a record date of 2 November 2026.
• Sahi published at 6:53 PM on Thursday. The shares closed at ₹949.20 on Thursday, per Zerodha Kite, before the results.

Why it matters

Whalesbook's profit after tax and Multibagg's adjusted profit after tax both fell while revenue rose.

Good to know: A record date is the day shareholders must be on the company's register to receive a declared dividend.

Key facts

Revenue

₹578.44 crore (₹477.73 crore), up 21%, per Whalesbook

Profit after tax

₹33.89 crore (₹40.09 crore), per Whalesbook

Capex plan

₹450 crore, through FY2030-31

Laminations volume

20,612 tonnes, up 27.9%, per Multibagg

Interim dividend

₹2 a share; record date 2 November 2026, per Whalesbook

Read the source

• Pitti Engineering Reports Q2 Revenue of Rs 578 Cr; Announces Rs 450 Cr CapexWhalesbook
• Pitti Engineering Q2 FY27: Volume-led growth and a 450 crore capacity expansion planMultibagg
• Pitti Engineering Approves ₹4.50 Billion Capex and Reports Q2 Revenue of ₹5.78 BillionSahi