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Shyam Metalics Q2 results: Company records 88% YoY jump in net profit; margins improve - Published OnOct 31, 2026 | 13:45 IST - Last Updated OnOct 31, 2026 | 14:06 IST Shyam Metalics reported an 88.5% YoY jump in net profit to ₹493.4 crore and a 33.4% rise in revenue to ₹5,960 crore for Q2 FY27. Shyam Metalics has announced its results for Q2 of FY27 on Saturday, October 31. The Kolkata-based company reported strong numbers, with profit and margin figures improving on a year-on-year basis. Shyam Metalics Q2 Results The company reported a major 88.5% YoY jump in its net profit, with the profit figure for the September-ended quarter coming in at ₹493.4 crore, as against ₹261.8 crore in Q2 of FY26. When it comes to the top-line numbers, the metal company recorded revenue of ₹5,960 crore in the quarter gone by, which was higher than the previous year's ₹4,467 crore. This marked a year-on-year rise of 33.4% in revenue numbers. Now, when we look at the profitability of the company over the previous quarter, the company's Earnings Before Interest, Taxes, Depreciation, and Amortisation, or EBITDA, surged by 52.6%, with EBITDA for the quarter rising to ₹823 crore, compared to ₹539 Cr in 2025. Finally, the company also improved margin to 13.8%, with a 170-basis-point rise from the previous cycle's 12.1%. Q1 Recap Of Shyam Metalics Sequentially speaking, in Q1FY27, the company's net profit rose by 18% year-on-year, reaching ₹345 crore compared to ₹282 crore previously. For the quarter, revenue increased by 23% from the previous year, amounting to ₹5,455 crore, up from ₹4,423 crore. Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) for the quarter was ₹765 crore, reflecting a 32% increase from the ₹580 crore reported in the same quarter last year. Additionally, the EBITDA margin for this period improved by 90 basis points from the previous year, rising to 14% from 13.1%. Stock Performance A quick look at the stock performance leads us to a stock that has had a strong showing in the recent past; in the latest session, on Friday, the company's shares rose by over 2%. In the past month, the share price has increased in value by 10%, and 10 months into 2026, Shyam Metalics' shares have surged by over 37% this year. The current stock price sits at ₹1163 per piece, away from the 52-week high of ₹1,240.50 per piece. Also Read: Crypto exchanges call for quick moves to bolster defenses after Binance heist
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