Salora International Ltd posted a net profit of Rs 0.01 crore for Q2 FY27, marking a turnaround from the previous quarter's loss. Revenue saw a sharp recovery to Rs 21.46 crore following the end of a prior GST suspension period. While quarterly operations show improvement, investors should remain cautious as the company reported a net loss for the half-year period and faces ongoing legal proceedings in the Supreme Court.
Salora International Swings to Quarterly Profit
Revenue grew to Rs 21.46 crore in Q2 FY27 from Rs 3.38 crore in Q1 FY27.
Net profit recorded at Rs 0.01 crore compared to a loss of Rs 0.99 crore in the previous quarter.
Reader Takeaway: Revenue recovery follows a past GST suspension, though half-year figures remain in the red amid legal watch points.
What just happened
Salora International has reported its financial results for the quarter ended September 30, 2026. The company successfully moved back into the black for the September quarter, reversing the loss trend seen earlier in the fiscal year. This performance follows a challenging period earlier this year when the company faced a GST registration suspension in Delhi between March 27, 2026, and May 29, 2026, which significantly hampered operations.
Why this matters
The return to profitability suggests the business is regaining operational momentum following the resolution of the GST registration issue. Revenue figures have seen a strong sequential bounce, climbing from Rs 3.38 crore in Q1 to Rs 21.46 crore in Q2, indicating that the core trading activities are stabilizing. However, the company still reported a net loss of Rs 0.98 crore for the half-year, reflecting the impact of the earlier disruptions.
Risks to watch
Investors must track the sustainability of this revenue growth in future quarters to ensure the Q2 performance is not a one-time spike. Furthermore, the company remains involved in a Supreme Court matter. While the court has granted a stay, this legal case remains a contingent liability that continues to be a point of uncertainty for stakeholders.
Context metrics
The company reported an EPS of 0.01 for Q2 FY27, compared to a negative EPS of 1.13 in the preceding quarter. Related party transactions involving PJTJ Technologies P. Ltd were reported at arm's length, maintaining governance transparency during this transition phase. The auditor has provided an un-modified opinion on the financial results.