Signal Desk · Markets

Craftsman Automation profit jumps 68.6% as revenue nears ₹2,945 crore

2026-10-28 · 1 source · CNBC TV18 Market

In short

Craftsman Automation said its Q2 profit rose 68.6% from a year earlier. Revenue increased 47.1% to ₹2,945 crore, and EBITDA grew 30%, but margins fell.

The stock bounced from the day’s low, yet it still ended lower. The report does not say the exact profit number or why margins were weaker.

What the reporting says

Craftsman Automation reported a 68.6% year-on-year rise in Q2 profit as revenue climbed 47.1% to ₹2,945 crore, according to the summary. EBITDA increased 30%, but margins narrowed, suggesting profitability pressure despite stronger sales. Shares recovered from the day's low but still closed in the red, leaving the immediate market reaction weaker than the earnings growth. The reporting does not give the exact profit figure or the reason for margin compression.

Why it matters

The update points to strong top-line and profit growth for Craftsman Automation in Q2, with revenue near ₹2,945 crore and EBITDA up 30%. However, margin narrowing and a stock that remained in the red show investors focused on profitability quality as well as growth. The reporting does not state the exact profit number or explain the margin pressure.

Touches: Craftsman Automation, Companies, Markets

Sources