Garuda Construction Q2 FY26 Profit Surges 165% YoY to ₹27.13 Crore; Stock Hits 52-Week High

New Delhi, October 27, 2025: Garuda Construction and Engineering Limited share price (NSE: GARUDA) (BSE: 544271)  surged 3.07% hitting a 52-week high of ₹230.70, after the company reported a significant increase in consolidated net profit of ₹27.13 crore for the second quarter of FY26, which ended September 30, 2025. This resulted in a year-on-year rise of 165% to ₹10.24 crore from ₹3.85 crore reported in Q2 FY25, driven by sustained revenue growth while maintaining cost discipline.

Garuda Construction and Engineering Limited is a publicly traded civil construction enterprise focused on developing infrastructure, including roads, bridges, and industrial buildings. The company has an engaged member of the NIFTY IPO index. The company continues to grow, with government and private jobs throughout India.

Key Financial Highlights

During Q2 of FY2026, overall revenue recorded was ₹11649 lakh, reflecting a remarkable 149% y-o-y growth, down 6.9% sequentially. The profit after tax was at ₹2713 lakh, growing 165% from the corresponding quarter last year.

For the first six months of FY 2026, overall income was at ₹24,512 lakh, an increase of 197% year on year; profit after tax rose 192% to ₹5,513 lakh; and earnings per share rose 134% to ₹5.93 – reflecting a sure-footed accelerating trend.

Strong Half-Year Performance

Total income was up by 197% to ₹24,512 lakh in H1 FY26 from the previous year, and total expenses surged by 200% to ₹17,144 lakh. PAT was up 192% to ₹5,513 lakh, resulting in an EPS of ₹5.93 for FY26, indicating stellar financial performance.

Operational Overview

The company experienced good growth momentum in construction activity as expenditure almost doubled y-o-y from ₹2,045.81 lakh to ₹4,315.64 lakh in the following quarter, predominantly driven by a rise in the cost of materials consumed at ₹3,332.65 lakh. Operating margins remained strong due to project execution across certain civil infrastructure segments despite a decline from the Q1 levels.

Management Commentary

The company stated that its growth was driven by increased order execution, improved project pipeline, and effective cost management, positioning it strongly for upcoming quarters amid robust infrastructure demand.

REF: https://nsearchives.nseindia.com/corporate/GARUDACONSTRUCTION2010_27102025095351_Out_Come.pdf

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