Crizac Q2 FY27: revenue down 36.7% to ₹103 Cr, net profit down 25.1% to ₹36 Cr
Results · Finvezto · 2 Nov 2026 · Crizac (CRIZAC)
Results Q2 FY27, ₹ Cr
| Q2 FY27 | ₹ Cr | QoQ | YoY |
|---|---|---|---|
| Revenue | 103 | - | -36.7% |
| Operating profit | 35 | - | -44.0% |
| Net profit | 36 | - | -25.1% |
| Operating margin | 34.5% | - | -4.5 pp |
| Net margin | 35.2% | - | +5.5 pp |
YoY is the company's own figure. QoQ shows where our quarterly series matches the filing.
Key points
- Q2 FY27 operating income declined 36.7% year-on-year to INR 1,027 million and PAT dropped 23.7% to INR 369 million due to student deferrals caused by West Asia disruptions. Earnings call
- Operating EBITDA for the quarter stood at INR 330 million with a margin of 32%, improving 233 basis points sequentially due to lower cost of service. Earnings call
- Management expects Q3 FY27 revenue to grow 10% to 12% over Q3 FY26 as admission and visa processing for deferred and peak intakes materialize. Earnings call
What to watch
- Management on q3 fy27 revenue growth: This gives us the high confidence that Q3 FY '27 revenue will grow in the range of 10% to 12% over Q3 FY '26.
- Management on fy27 revenue and profit: Hence, barring any black swan event, we are confident that our revenue and profit for FY '27 will be in line with FY '26 despite the difficult year for the industry, the guidance we had given earlier.
Links
Company page · Results tracker
Anand Ganapathy K | SEBI Registered Research Analyst | INH000016630.