Sejal Glass Q2 Profit Rises to Rs 14.42 Crore

Consolidated net profit reached Rs 14.42 crore; standalone revenue rose to Rs 41.28 crore.

Reader Takeaway: Consolidated profit growth remains robust, though investors must adjust for business acquisitions and accounting policy shifts.

What just happened

Sejal Glass released its financial results for the quarter ended September 30, 2026. On a consolidated basis, the company achieved a net profit of Rs 14.42 crore, significantly higher than the Rs 7.22 crore reported in the same quarter last year. Consolidated revenue for the period stood at Rs 138.09 crore, compared to Rs 117.95 crore in the year-ago period. The company's standalone business also shifted into profitability, recording a net profit of Rs 0.67 crore against a loss of Rs 0.65 crore in the corresponding period of 2025.

Why this matters

The jump in consolidated profit reflects improved operational performance. The turnaround in the standalone entity is a positive signal for the company’s core business health. However, the management has cautioned that these results are not directly comparable to the previous year, primarily due to the acquisition of the Glasstech business in April 2025.

Important Disclosures

Investors should be aware of a change in accounting policy by the associate entity, Sejal Glass Ventures LLP, which moved from a mercantile basis to a cash basis starting April 1, 2025. Additionally, the company did not provide for taxes in its standalone results due to carried-forward unabsorbed depreciation and prior-year losses, a common practice for companies recovering from loss-making periods.

What to track next

Going forward, investors should closely monitor the integration benefits of the Glasstech acquisition. The impact of the accounting policy shift at the associate level on future consolidated margins remains a key factor for financial modeling.