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Vipul Organics reports 56.8% revenue surge in Q2 FY27; net profit rises 22.3% YoY

The quarter's bottom-line growth was partially offset by rising input and operational costs

  • By ICN Bureau | November 14, 2026

Specialty chemicals manufacturer Vipul Organics Limited has announced its unaudited financial results for the second quarter and half year ended September 30, 2026 (FY 2026-27).  The company delivered strong top-line expansion driven by healthy demand across its dyestuffs and organic pigments segments.

For Q2 FY27, standalone revenue from operations surged 56.8% year-on-year (YoY) to Rs. 61.86 crore, compared toRs. 39.43 in Q2 FY26. Standalone net profit rose 22.3% YoY to Rs. 2.21, up from Rs. 1.81 crore in the corresponding quarter last year. However, on a sequential basis, net profit moderated from Rs. 2.52 crore recorded in Q1 FY27, even as quarterly revenue momentum accelerated.

The quarter's bottom-line growth was partially offset by rising input and operational costs. Total expenses increased 58.5% YoY to Rs. 59.07 crore, slightly outpacing revenue growth. Cost of materials consumed rose to Rs. 21.87 crore from Rs. 13.72 crore a year earlier.

For the first half of FY 2026-27 (H1 FY27), Vipul Organics maintained a solid growth trajectory. Half-yearly revenue from operations jumped 47.5% YoY to Rs. 113.64 crore, compared to Rs. 77.03 crore in H1 FY26. Cumulative net profit for the six-month period reached Rs. 4.74 crore, supported by steady execution across domestic and international markets.

The company confirmed that ₹10.66 crore raised through preferential issue proceeds has been fully utilized toward its greenfield manufacturing facility at Sayakha, Gujarat, positioning Vipul Organics for greater production capacity and revenue diversification ahead.

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