S.P. Apparels reports robust Q2, H1 FY26 performance with soaring PAT

S.P. Apparels Limited reported a consolidated total revenue of Rs. 4,273.4 Mn for Q2 FY26, a 9.2% year-over-year (YoY) increase from Rs. 3,913.0 Mn in Q2 FY25. Consolidated EBITDA rose by 28.1% YoY to Rs. 636.5 Mn, with PAT soaring 58.3% YoY to Rs. 347.0 Mn. For H1 FY26, consolidated total revenue reached Rs. 8,307.8 Mn, a 30.5% YoY growth, with EBITDA at Rs. 1,165.8 Mn (41.0% YoY increase) and PAT at Rs. 553.6 Mn (38.5% YoY increase).

The standalone performance also reflected significant growth, with Adj. Total Revenue for Q2 FY26 increasing by 18.4% YoY to Rs. 3,048.7 Mn and Adj. EBITDA growing 23.6% YoY to Rs. 543.5 Mn. Standalone PAT for Q2 FY26 saw a remarkable 51.4% YoY rise to Rs. 273.0 Mn. For H1 FY26, standalone Adj. Total Revenue was Rs. 5,925.7 Mn (25.7% YoY growth), Adj. EBITDA was Rs. 980.0 Mn (22.3% YoY growth), and PAT was Rs. 471.9 Mn (15.7% YoY growth).

Both the Retail Division and SPUK Division reported Positive EBITDA in Q2 FY26, indicating strong operational momentum. The Garment Exports division, including Young Brand Apparel, also showed positive trends with a 10.2% YoY increase in Adj. Operational Revenue for Q2 FY26 and a 21.4% YoY increase for H1 FY26.