Confidence Futuristic Energetech Q2FY27 Net Profit Jumps to ₹123.02 Lakh on Subsidiary Revenue

Confidence Futuristic Energetech reported a consolidated net profit of ₹123.02 lakh for the quarter ended September 30, 2026, up from ₹18.83 lakh a year earlier, ScanX reported. Consolidated revenue rose 66.7% to ₹4,165.96 lakh, while standalone revenue fell 17.4% to ₹152.61 lakh.

Confidence Futuristic Energetech's Q2FY27 Results

The board approved the unaudited results on October 31, 2026. Consolidated revenue climbed to ₹4,165.96 lakh from ₹2,498.39 lakh, and the company attributed the growth to its subsidiaries in the energy and trading sectors, including Confidence Enterprises and Sarju Impex. Standalone net profit was ₹51.34 lakh, down from ₹56.17 lakh.

Other income made up ₹107.44 lakh of standalone total income of ₹260.05 lakh. Net cash from operating activities was ₹904.45 lakh for the half-year ended September 30, 2026, against ₹563.87 lakh a year earlier, and standalone investments stood at ₹9,233.21 lakh. A final dividend of ₹0.25 per share for FY26 was paid on October 3, 2026.

V.K. Surana & Co. reviewed the results, its first review for the company; Kamdar & Daga and L N J & Associates reviewed prior periods. The company said Income-Tax authorities conducted search activities in October 2025 and that no written communication on the outcome had been received, so no accounting provisions were made.

What the Company Records Show

According to akta.pro company records, Confidence Futuristic Energetech was founded in 1985 and is headquartered in Delhi, with a headcount range of 11-50 and a revenue estimate of $5 million-$10 million. The same records describe the company as a New Delhi-based B2B textile wholesaler sourcing fabrics from South Asian manufacturers for garment factories, design studios and high-street retailers across the UK and Europe.

AGM and Earlier Quarterly Results

At its 41st AGM on September 30, 2026, shareholders passed all 10 resolutions with voting participation of 63.24% of outstanding shares, ScanX reported. The promoter group abstained on five resolutions, including four material related party transactions, which public shareholders approved.

For the quarter ended June 2026, consolidated net profit rose 314.29% to Rs 1.16 crore, Business Standard reported, while consolidated net sales fell 12.54% year-on-year to Rs 35.84 crore, according to Moneycontrol.com. For the quarter ended March 2026, consolidated net profit declined 2.36% to Rs 5.39 crore, Business Standard reported.

What Comes Next for Confidence Futuristic Energetech

The company has announced its intent to enter the IT and ITES business segment as a new vertical beyond textiles and commodities trading, according to akta.pro company records.