Azad Engineering Q2 net profit rises 60% to ₹33 crore led by energy, aerospace development

Precision engineering firm Azad Engineering Ltd on Saturday (November 1) reported a 60% year-on-year increase in net profit for Q2FY26, reaching ₹33 crore, up from ₹20.5 crore in the same quarter last year. The company’s revenue rose 30.6% to ₹145.6 crore, compared with ₹111.5 crore in Q2FY25. EBITDA increased 32.1% to ₹53.2 crore, from ₹40.3 crore a year ago, with the EBITDA margin at 36.5%, slightly higher than 36.1% in Q2FY25. In H1FY26, the Energy & Oil & Gas segment contributed ₹226.1 crore, up from ₹166.6 crore in H1FY25, accounting for 35.7% of total revenue. This growth is primarily driven by additional capacity, and the trend is expected to continue as operations scale further.