Dilip Buildcon profit drops 52.7% in Q2 results

Dilip Buildcon reports a 52.7% year-on-year fall in consolidated Q2 profit as revenue rises 16.8%; Rs 440 is resistance and Rs 350 is support. Dilip Buildcon Ltd [ DBL] closed in the green on 13 November 2026 after a weak start, despite a fall in Q2 profit. Consolidated profit fell 52.7% year on year to Rs 101.3 crore from Rs 214.1 crore. Revenue increased 16.8% year on year to Rs 2,250.4 crore from Rs 1,925.9 crore. Revenue grew while profit declined, indicating pressure on the bottom line. EBITDA and margin figures were not provided. The broader market structure remains a sequence of lower lows and lower highs. The stock has recorded three consecutive winning sessions, but this recovery has not changed the weaker broader structure. Rs 440 is resistance, while Rs 350 is support. In my view, the recent positive sessions show a recovery attempt, but the broader trend remains weak. A move above Rs 440 would bring a stronger price structure into focus. A fall below Rs 350 would weaken the recovery. Watch how the stock behaves around Rs 440 and Rs 350. The bearish view would need reassessment if the lower-high structure gives way. Stance: bearish while below Rs 440, with Rs 350 as the key support. Disclaimer: I do not hold any position in this. This content is for informational purposes only and is not a recommendation to buy or sell. Investments in securities are subject to market risks. Please read all related documents carefully before investing.