NOCIL Q2 Profit Nearly Doubles to Rs 24 Crore

Consolidated PAT: Rs 24.05 crore (up 98.4% YoY)
Consolidated Revenue: Rs 426.89 crore (up 33.2% YoY)

Reader Takeaway: Strong revenue and margin expansion in the rubber chemicals segment signal operational momentum despite rising input costs.

What just happened

NOCIL Ltd reported a sharp increase in profitability for the second quarter ending September 30, 2026. The company’s consolidated net profit rose to Rs 24.05 crore, nearly double the Rs 12.12 crore reported in the same quarter last year. Revenue grew by 33.2% to Rs 426.89 crore, supported by continued demand for rubber chemicals, the firm's core business.

Why this matters

The significant jump in bottom-line performance indicates a successful scaling of operations despite a rise in total quarterly expenses, which reached Rs 405.20 crore compared to Rs 312.22 crore in the previous year. The steady growth in revenue suggests that NOCIL is successfully managing its market position in the rubber chemicals industry.

Governance and Audit

The Board of Directors approved these financial results on October 29, 2026. The statutory auditors, Kalyaniwalla & Mistry LLP, have provided an unmodified review report, indicating no major discrepancies in the financial statements.

What to track next

Investors should look for updates on margin sustainability in the coming quarters. While the current growth is robust, monitoring how the company manages fluctuating input costs in the rubber chemical sector will be essential for assessing long-term profit stability.