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Speciality chemical manufacturer Himadri Speciality Chemical reported an increase in its profit and revenue for the second quarter of FY27. According to the company’s investor release, consolidated net profit rose 31.33% year-on-year to Rs 231 crore for the quarter ended September 30, 2026, compared to Rs 176 crore in the corresponding quarter of the previous fiscal year.
The company revenue from operations increased 57.93% to Rs 1,691 crore in Q2 FY27, compared to Rs 1,071 crore in Q2 FY26. Earnings before interest, taxes, depreciation, and amortisation (EBITDA) grew 27.48% to Rs 303 crore from Rs 238 crore in the year-ago quarter.
For the first half of FY27, Himadri Speciality Chemical reported a 43% year-on-year increase in consolidated revenue from operations to Rs 3,123 crore. Half-yearly EBITDA rose 30% to Rs 616 crore, while profit after tax increased 29% to Rs 460 crore.
Anurag Choudhary, Chairman, Managing Director, and CEO of Himadri Speciality Chemical, said the proposed merger of the Birla Tyres business with Himadri during the quarter marked an important step towards creating an integrated tyre value chain.
He also highlighted the company increased investment in Sicona Battery Technologies, which has completed the 100% acquisition of US-based Advano. The acquisition is expected to strengthen Sicona’s silicon anode intellectual property (IP) and add pilot plant, research and development (R&D), and battery cell-testing capabilities in the United States.
Through these developments, Himadri Speciality Chemical is looking to strengthen its presence in the tyre value chain while expanding its capabilities in battery technology.
