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Ashapura Minechem Ltd consolidated sales down 17.91% on year in Q2FY2026, net profit fell 10.22%
07-Aug-2026, 09:36
Ashapura Minechem Ltd share price gained 1.17% to Rs 737.45. The Company's net profit contracted by 10.22% to Rs 108.31 crore, while revenue from operations slipped 17.91% to Rs 1616.12 crore in Q2FY26 over Q1FY26. The market capitalization of Industrial Minerals industry group stocks on BSE stood at Rs 2.28 lakh crore, jumping 28.25%. It has improved by 2.21% over last one week and crept higher by 5.98% in last one month while the market capitalization of Ashapura Minechem Ltd has marginally improved by 4.84% and 7.70% in the same period respectively. Profit before tax (PBT) of Ashapura Minechem Ltd stood at Rs 130.04 crore in Q2 FY26, slipping 1.37% year-on-year, and falling 11.40% quarter-on-quarter. EBITDA came in at Rs 174 crore, declining 1.21% YoY and rallying 282.87% sequentially. Total expenses saw a steep drop of 21.56% to Rs 1471.53 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 512.39 crore, marginally falling by 1.68% YoY, while employee benefits expense was at Rs 35.99 crore, dipping slightly 1.88% YoY. For the TTM ended FY26, revenue from operations inched higher 3.21% to Rs 2738.93 crore, while net profit saw a mild growth of 2.62% to Rs 289.08 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 18269% to Rs 295.1 crore, and PBT softened 1.36% to Rs 304.47 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 189.33 crore in FY26, as against Rs 148.06 crore in FY25. Ashapura Minechem Ltd soared by 41.23% in last one year, significantly outperforming the benchmark BSE Sensex which has slipped by 1.97% during the same period.