Behari Lal Engineering reports ₹174 crore profit for Q2 FY27

Behari Lal Engineering Limited has announced its unaudited financial results for the quarter and half-year ended September 30, 2026. The company reported a profit of ₹174.00 million for the quarter and a total comprehensive income of ₹173.64 million. These results were reviewed by the Audit Committee and approved by the Board of Directors. The company also noted the utilization of IPO proceeds, confirming no deviation from the stated objects.

Behari Lal Engineering Announces Q2 FY27 Financial Results

Behari Lal Engineering Limited has officially released its unaudited financial results for the quarter and half-year period ending September 30, 2026. These results, approved by the company’s Board of Directors on November 14, 2026, offer a clear view of the company’s performance during this period.

Key Financial Highlights

For the quarter ended September 30, 2026, Behari Lal Engineering reported a profit after tax of ₹174.00 million. The total comprehensive income for the same quarter stood at ₹173.64 million. Looking at the half-yearly performance, the profit after tax for the six months ended September 30, 2026, was ₹365.94 million, with a total comprehensive income of ₹365.08 million.

IPO Proceeds Utilization Update

In addition to the financial results, the company provided an update on the utilization of its Initial Public Offering (IPO) proceeds. The statement confirms that as of September 30, 2026, the utilization of the fresh issue proceeds amounted to ₹303.56 million out of an original allocation of ₹930.00 million. The company reported that there has been no deviation or variation from the objects stated in the Prospectus concerning the use of these funds. The Audit Committee reviewed this statement and observed no deviation or variation.

Balance Sheet Snapshot

The unaudited Balance Sheet as at September 30, 2026, shows total assets of ₹4,743.73 million, compared to ₹3,678.73 million as at March 31, 2026. Total equity stood at ₹4,272.56 million as of September 30, 2026, an increase from ₹3,060.99 million at the end of the previous fiscal year. Total liabilities were ₹443.38 million for the quarter ended September 30, 2026.

Cash Flow from Operations

The Cash Flow Statement for the half-year ended September 30, 2026, indicates a net cash inflow from operating activities of ₹168.56 million. This was generated from a profit before tax of ₹491.56 million, with adjustments for working capital changes and income tax paid.

Source: BSE

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