Q2 net profit hit ₹20 crore, a 19% jump from ₹16.7 crore a year ago, lifting shares up to 10.9% before closing 8.58% higher at ₹617 on the NSE—an uptick that outpaced the 5.1% monthly gain the stock has seen.
Revenue climbed 13.1% YoY to ₹331 crore, up from ₹293 crore in the same period last year; EBITDA rose to ₹32 crore, a 13.3% increase, leaving the 9.5% margin flat.
Material margin slipped 160 basis points to 36.2%, largely due to commodity inflation, a detail the company disclosed in its filing. Revenue growth excluding the Crompton arm was 15.9% YoY.
Swetha Sagar, manager and chief business officer, said the Idea First series continues to win consumer favor, adding to the brand's share of business. The firm is pouring into offline and online brand campaigns, trade promos and influencer marketing.
The company plans to sustain growth through premiumisation and wider geographic reach, with the Onam season seen as a strong start to the festive period. Investors will watch how the brand investments translate into sales momentum in the coming quarter.