{"url":"https://newsforagent.com/news/2026-11-07/remsons-industries-q2-revenue-profit-fall","markdown_url":"https://newsforagent.com/news/2026-11-07/remsons-industries-q2-revenue-profit-fall.md","title":"Remsons Industries Q2 Revenue Up 17% as Pre-Tax Profit Falls","headline":"Remsons Industries Posts 17.2% Q2 Revenue Rise to ₹135.47 Crore as Pre-Tax Profit Drops 22.4%","description":"Remsons Industries lifted Q2 FY27 revenue 17.2% to ₹135.47 crore, but faster expense growth cut pre-tax profit 22.4% to ₹6.35 crore.","section":"Earnings & Results","published_at":"2026-11-07T23:04:05+00:00","modified_at":"2026-11-07T23:04:05+00:00","author":"News Desk","key_takeaways":["Remsons Industries reported Q2 FY27 consolidated revenue from operations of ₹135.47 crore, up 17.2% year on year.","Consolidated profit before tax fell 22.4% to ₹6.35 crore as total expenses rose 20.1% to ₹130.04 crore.","Reported net profit rose to ₹4.74 crore from ₹1.06 crore, while consolidated net profit before minority interest and joint venture contributions fell to ₹4.63 crore from ₹6.39 crore."],"companies":[{"name":"Remsons Industries","is_primary":true,"profile_url":"https://akta.pro/company-profiles/002mtbr/remsons-industries","website":"https://www.remsons.com"}],"source":{"publisher":"Autocar Professional","title":"Remsons Industries Q2 Revenue Rises 17%, Pre-Tax Profit Falls | Autocar Professional","url":"https://www.autocarpro.in/news/remsons-industries-q2-revenue-rises-17-percent-pre-tax-profit-falls-135820"},"other_sources":[],"tags":["Earnings & Results","Remsons Industries"],"body_markdown":"[Remsons Industries](https://akta.pro/company-profiles/002mtbr/remsons-industries) reported consolidated revenue from operations of ₹135.47 crore for Q2 FY27, up 17.2% from ₹115.59 crore a year earlier, while profit before tax fell 22.4% to ₹6.35 crore. [Autocar Professional](https://www.autocarpro.in/news/remsons-industries-q2-revenue-rises-17-percent-pre-tax-profit-falls-135820) reported that total expenses grew faster than revenue, rising 20.1% to ₹130.04 crore.\n\n## Remsons Industries' Expense Growth Outpaces Revenue\n\nHigher material consumption drove the expense increase, climbing to ₹70.68 crore from ₹59.97 crore. Employee benefit expenses rose to ₹24.78 crore from ₹24.02 crore, finance costs to ₹2.41 crore from ₹2.12 crore, and depreciation and amortisation to ₹4.41 crore from ₹3.89 crore.\n\nReported net profit for the quarter rose to ₹4.74 crore from ₹1.06 crore. Before accounting for minority interest and joint venture contributions, consolidated net profit stood at ₹4.63 crore, down from ₹6.39 crore a year earlier.\n\nOn a standalone basis, revenue from operations increased 24.4% to ₹105.57 crore from ₹84.88 crore. Standalone profit before tax rose to ₹6.71 crore from ₹3.72 crore, while standalone net profit declined 32.7% to ₹1.86 crore from ₹2.76 crore as total tax expenses increased to ₹1.85 crore from ₹0.96 crore.\n\nFor the first half of FY27, consolidated revenue from operations increased 18.6% to ₹255.19 crore from ₹215.22 crore. Consolidated profit before tax declined 5.3% to ₹10.64 crore, and net profit fell marginally to ₹1.62 crore from ₹1.70 crore.\n\nRemsons said operations at certain manufacturing facilities in Daman and Pardi, Gujarat, were temporarily disrupted during the quarter by heavy rainfall, flooding and severe waterlogging. The company said it initiated insurance claims, and that the Daman claim has been settled with a difference of ₹7.35 lakh reported as an exceptional item. The Pardi claim assessment and settlement process was still in progress.\n\n## Remsons Industries' Aircom Joint Venture Exit\n\nRemsons' board approved the sale of the company's investment and its exit from the joint venture arrangement in Aircom Remsons Automotive Private Limited at a meeting held on October 1, 2026. Following completion, the existing joint venture arrangement between Remsons and Aircom Group AG and/or its subsidiary will stand terminated under the relevant agreement. The results filing does not disclose the transaction value.\n\nRahul Prabhakar Desai was appointed Chief Executive Officer with effect from August 3, 2026, following the resignation of former Group Chief Executive Officer Amit Srivastava, whose departure took effect from September 4, 2026. Whole-time Director Rahul Kejriwal passed away on October 6, 2026, and the board approved the appointment of Shirani Kejriwal as an additional director, designated as Whole-time Director, for a five-year term effective October 16, 2026, subject to shareholder approval.\n\n## Remsons Industries' Flood Disruption and Leadership Records\n\nAccording to akta.pro company records, Remsons temporarily halted operations at its Daman and Gujarat manufacturing facilities in July 2026 due to severe flooding, with restoration efforts underway. The same records show the company appointed Rahul Prabhakar Desai as CEO effective August 3, 2026, following Amit Srivastava's resignation on June 18, 2026.\n\nRemsons Industries makes control cables, gear shifters, pedal boxes, winches, sensors and lighting systems for global OEMs across two-wheeler, passenger vehicle, commercial vehicle and off-highway segments through multi-year supply contracts. The company was founded in 1971 and is headquartered in Mumbai.\n\n## Earlier Remsons Industries Leadership Changes\n\nRemsons announced the death of Whole Time Director Rahul Kejriwal on October 6, 2026, and filed the change under SEBI Regulation 30, [ScanX](https://akta.pro/news-signals) reported. [Machine Maker](https://akta.pro/company-data) reported that the company appointed Rahul Prabhakar Desai as Chief Executive Officer effective August 3, 2026, to enhance operations and drive growth in the global automotive components market. BusinessLine reported that Desai succeeded Amit Srivastava, who resigned effective September 4.\n\n## Shirani Kejriwal Appointment Awaits Shareholder Approval\n\nThe appointment of Shirani Kejriwal as an additional director, designated as Whole-time Director, for a five-year term effective October 16, 2026, is subject to shareholder approval. The Pardi insurance claim assessment and settlement process was still in progress at the time of the filing.\n","publisher":{"name":"News for Agent","url":"https://newsforagent.com"}}