Choksi Asia Limited Reports Robust Growth in Q2 FY2026
Choksi Asia Limited announced unaudited financial results for Q2 and H1 FY2026. Net profit after tax for Q2 reached ₹107.43 crore, up 65% year-on-year. Revenue from operations for Q2 FY2026 stood at ₹1,329.23 crore, a significant increase from ₹841.98 crore in Q2 FY2025. The company reported total assets of ₹4,691.56 crore as of September 30, 2025, with a strong liquidity position of ₹812.16 crore in cash and cash equivalents.
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Choksi Asia Limited , a key player in the Non-Destructive Testing Industry, has announced its unaudited financial results for the quarter and six months ended September 30, 2025, showcasing significant growth and improved profitability.
Financial Highlights
The company reported a substantial increase in its net profit after tax for the quarter, reaching ₹107.43 crore compared to ₹65.02 crore in the same quarter of the previous year, marking a year-on-year growth of approximately 65%. For the six-month period, net profit rose to ₹242.07 crore from ₹216.31 crore in the corresponding period last year, indicating a steady upward trajectory in the company's financial performance.
Revenue and Profitability
Choksi Asia Limited's revenue from operations for Q2 FY2026 stood at ₹1,329.23 crore, a significant increase from ₹841.98 crore in Q2 FY2025. This robust growth in revenue has been accompanied by improved profitability margins.
| Particulars (₹ in crore) | Q2 FY2026 | Q2 FY2025 | H1 FY2026 | H1 FY2025 |
|---|---|---|---|---|
| Revenue from Operations | 1,329.23 | 841.98 | 2,518.98 | 1,616.16 |
| Total Income | 1,357.91 | 865.71 | 2,576.70 | 1,669.17 |
| Net Profit After Tax | 107.43 | 65.02 | 242.08 | 218.31 |
| EPS (Basic & Diluted) (₹) | 2.36 | 1.14 | 4.25 | 3.83 |
Operational Performance
The company's operational efficiency is evident from its ability to manage expenses effectively while scaling up operations. Total expenses for Q2 FY2026 were ₹1,190.90 crore, compared to ₹762.49 crore in the same quarter last year, reflecting the increased scale of operations.
Balance Sheet Strength
As of September 30, 2025, Choksi Asia Limited reported a robust balance sheet with total assets of ₹4,691.56 crore. The company's financial position remains strong with a healthy mix of equity and liabilities.
| Balance Sheet Highlights (₹ in crore) | As at Sept 30, 2025 | As at Sept 30, 2024 |
|---|---|---|
| Total Assets | 4,691.56 | 4,276.58 |
| Total Equity | 3,917.36 | 3,573.50 |
| Total Liabilities | 774.19 | 703.08 |
Cash Flow and Liquidity
The company maintained a strong liquidity position with cash and cash equivalents of ₹812.16 crore at the end of the half-year. This includes ₹603.03 crore in fixed deposits, indicating a conservative approach to cash management.
Management Commentary
Jay Choksi, Whole time Director & CFO, stated, "Our Q2 results reflect the company's strong market position and operational efficiency. The significant growth in revenue and profitability underscores our ability to capitalize on market opportunities while maintaining cost discipline."
Future Outlook
While the company has not provided specific forward-looking statements, the consistent growth in revenue and profitability suggests a positive outlook. Choksi Asia Limited's strong performance in the Non-Destructive Testing Industry positions it well for continued success in the coming quarters.
The Board of Directors approved these results at their meeting held on November 13, 2025.
Historical Stock Returns for Choksi Asia
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +4.98% | +7.53% | +19.29% | +10.76% | +60.07% | +606.20% |
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