Sirca Paints Q2 Profit Climbs to Rs 20.33 Crore

Revenue grew to Rs 160.20 crore, while net profit rose 12.3% to Rs 20.33 crore year-over-year.

Reader Takeaway: Strong double-digit revenue growth drives bottom line, though subsidiary consolidation marks a shift in corporate structure.

What just happened

Sirca Paints India Limited has announced its financial performance for the quarter ended September 30, 2026. The company achieved a revenue of Rs 160.20 crore, up from Rs 131.17 crore in the same quarter last year. Profit After Tax (PAT) climbed to Rs 20.33 crore compared to Rs 18.10 crore previously. Additionally, the board has initiated the formal process to strike off its wholly-owned subsidiary, Sirca Industries Limited, filing e-Form STK-2 with the Registrar of Companies.

Why this matters

The double-digit growth in top-line revenue indicates strong demand for Sirca’s products. The decision to strike off Sirca Industries Limited is part of a broader internal consolidation strategy, aimed at streamlining business operations and potentially reducing administrative overheads associated with maintaining the subsidiary.

What changes now

Shareholders should monitor the impact of the subsidiary strike-off on future consolidated filings. The auditor, M/s Rajesh Kukreja & Associates, provided a clean limited review report, confirming that the current financial statements contain no material misstatements, providing stability for investor outlook.

Context metrics

For the half-year period ending September 30, 2026, the company reported total revenue of Rs 290.20 crore compared to Rs 245.41 crore in the prior half-year. Half-year profit stood at Rs 36.53 crore versus Rs 32.31 crore reported in the same period of the previous year.