NG Industries Reports Mixed Q2 Results: Revenue Dips, Profit Rises Quarter-on-Quarter
NG Industries Limited reported Q2 FY2026 results with total income of ₹447.54 crore, down from ₹757.68 crore in the previous quarter and ₹628.28 crore year-on-year. Net profit increased to ₹42.74 crore, up 120% quarter-on-quarter. Half-year income rose slightly to ₹1,205.22 crore. The company's financial position remains strong with total assets of ₹4,300.67 crore and total equity of ₹3,915.75 crore as of September 30, 2025.

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NG Industries Limited , a prominent player in the Indian market, has released its unaudited financial results for the second quarter and half-year ended September 30, 2025, revealing a mixed performance with some interesting trends.
Revenue and Profit Analysis
The company reported a total income from operations of ₹447.54 crore for Q2 FY2026, showing a decrease from ₹757.68 crore in the previous quarter. However, when compared to the same quarter last year (₹628.28 crore), the company experienced a year-on-year decline in revenue.
On the profitability front, NG Industries posted a net profit of ₹42.74 crore for Q2 FY2026, which marks a significant improvement from the ₹19.41 crore reported in the previous quarter. This represents a quarter-on-quarter growth of about 120% in net profit.
Half-Yearly Performance
For the half-year period ended September 30, 2025, NG Industries reported a total income of ₹1,205.22 crore, slightly higher than the ₹1,197.34 crore recorded in the corresponding period of the previous year.
Financial Position
As of September 30, 2025, the company's financial position remains robust:
| Particulars | Amount (₹ in crore) |
|---|---|
| Total Assets | 4,300.67 |
| Total Equity | 3,915.75 |
Quarterly Financial Highlights
Here's a breakdown of key financial metrics for Q2 FY2026:
| Metric | Q2 FY2026 (₹ in crore) | Q1 FY2026 (₹ in crore) | Q2 FY2025 (₹ in crore) |
|---|---|---|---|
| Net Sales | 404.52 | 370.16 | 438.07 |
| Other Income | 42.99 | 10.61 | 319.59 |
| Total Income | 447.51 | 380.77 | 757.66 |
| Total Expenses | 388.37 | 353.62 | 408.66 |
| Profit Before Tax | 59.14 | 27.15 | 349.00 |
| Net Profit | 42.74 | 19.41 | 296.58 |
Management Commentary
The Board of Directors approved these results at their meeting held on November 8, 2025, following a recommendation by the Audit Committee.
Conclusion
NG Industries Limited's Q2 FY2026 results present a nuanced picture. While the company has shown impressive quarter-on-quarter profit growth, the year-on-year revenue decline may raise some concerns. The slight increase in half-yearly income compared to the previous year suggests that the company is maintaining its overall performance despite quarterly fluctuations.
Historical Stock Returns for NG Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| 0.0% | -3.09% | -2.65% | -20.69% | -23.97% | +201.43% |



























