EKC reported steady Q2 FY26 consolidated revenues at Rs. 360.4 Cr, while H1 FY26 consolidated revenues grew 5.2% YoY to Rs. 747.3 Cr. India's business expanded 7.9% in H1 to Rs. 469.3 Cr, and USA business was up 9.8% to Rs. 195.3 Cr. Q2 saw domestic CNG demand temporarily impacted by GST transition in the automotive sector.
The company is investing in US operations for scale-up and cost efficiency. Despite some Q2 margin moderation due to lower dispatches and higher operating costs, a strong US order book provides healthy visibility for H2 FY26. EKC is well-positioned to benefit from increasing gas usage in industrial and automotive sectors.
Key Q2 FY26 consolidated metrics: EBITDA at Rs. 42.9 Cr (11.9% margin) and PAT at Rs. 13.7 Cr (3.8% margin), impacted by an Rs. 11.29 Cr exceptional loss. For H1 FY26, consolidated EBITDA rose 10.1% to Rs. 104.2 Cr (13.9% margin), and PAT stood at Rs. 65.2 Cr (8.7% margin). H1 FY26 diluted EPS was Rs. 5.82.