SPR Auto Technologies has announced its financial results for the second quarter ended September 30, 2026. The company reported a standalone profit after tax of ₹1,189 million, an increase of 11.88% compared to the same period last year. The Board also approved a dividend of ₹2,637 million. Consolidated results showed a profit after tax of ₹1,623 million.
SPR Auto Technologies Reports Strong Q2 Performance
SPR Auto Technologies Limited (formerly Shriram Pistons & Rings Limited) has announced its unaudited financial results for the quarter and half-year ended September 30, 2026. The company demonstrated robust financial performance, with a notable increase in profitability and the approval of a significant dividend payout.
Standalone Financial Highlights
For the quarter ended September 30, 2026, SPR Auto Technologies reported a standalone profit after tax of ₹1,189 million. This represents an increase of 11.88% from the ₹1,062 million recorded in the corresponding quarter of the previous year. Total income from operations for the quarter stood at ₹10,262 million.
The half-year period ended September 30, 2026, saw a standalone profit after tax of ₹2,308 million, up from ₹2,457 million in the prior year. Total income from operations for the half-year reached ₹19,678 million.
Consolidated Financial Performance
On a consolidated basis, the profit after tax for the quarter ended September 30, 2026, was ₹1,623 million, an increase from ₹1,421 million in the prior year. Consolidated revenue from operations for the quarter was ₹16,482 million.
For the consolidated half-year ended September 30, 2026, the profit after tax was ₹3,100 million, compared to ₹3,162 million in the previous year. Total consolidated income from operations was ₹31,226 million.
Dividend Approval
The Board of Directors has approved and recommended a dividend for the financial year ended March 31, 2026, amounting to ₹2,637 million (representing ₹5,137 million for the full year). The Board also approved a dividend of ₹1,681 million for the period ended March 31, 2026.
Liquidity and Assets
As of September 30, 2026, the company’s unaudited standalone statement of assets and liabilities shows total assets of ₹57,875 million and total equity and liabilities of ₹57,875 million. Cash and cash equivalents stood at ₹881 million.
Fund Utilization
The statement on the utilization of issue proceeds under Regulation 52(7) indicates that the funds raised through private placement of Non-convertible Debentures (NCDs) have been utilized as per the original allocation. For both Series I and Series II Debentures, the entire ₹500 crore raised has been utilized.
Auditor’s Review
The financial results were reviewed by the independent auditor, Walker Chandiok & Co LLP. Their review reports on both standalone and consolidated results, dated October 30, 2026, indicate an unmodified conclusion, confirming that the results are presented fairly in accordance with applicable accounting standards.
Source: BSE
