Shree Ganesh Elastoplast Reports Q2 FY27 Profit of Rs 0.27 Crore

Revenue rose to Rs 5.68 crore, marking a sharp improvement from the year-ago period.

Reader Takeaway: Strong revenue growth and a return to profitability highlight the company's improved operational efficiency this quarter.

What just happened

Shree Ganesh Elastoplast Ltd released its standalone financial results for the quarter ended September 30, 2026. The company successfully exited its loss-making streak, posting a net profit of Rs 0.27 crore. This is a complete reversal from the net loss of Rs 0.29 crore reported in the corresponding quarter of the previous fiscal year. Total revenue from operations surged significantly to Rs 5.68 crore, up from Rs 0.67 crore in Q2 FY26. On a half-year basis, the company has accumulated a net profit of Rs 1.26 crore, a major improvement over the Rs 0.20 crore loss recorded during the first half of the previous year.

Financial Health

As of September 30, 2026, the company’s total assets were valued at Rs 5.96 crore, up from Rs 4.40 crore as of March 31, 2026. Debt levels remain modest, with non-current borrowings reported at Rs 0.60 crore and current borrowings at Rs 0.08 crore. The statutory auditors have issued an unmodified report, confirming the integrity of these financial statements. The results were approved by the Board of Directors on November 5, 2026.

What to track next

Investors should look for evidence of sustained revenue growth in the coming quarters to determine if this performance is part of a long-term trend or a seasonal spike. Monitoring the management's outlook on market demand and asset utilization will be key to understanding the company's path forward.