Concord reports H1 revenue of INR 159.11 crore and PAT of INR 31.23 crore
The railway-electronics company reported approximately 95% year-on-year growth in both revenue and profit for the six months ended September 30.
Concord Control Systems reported revenue from operations of INR 159.11 crore for the half year ended September 30, 2026, compared with INR 81.55 crore a year earlier, according to its November 2 earnings release.
Profit after tax increased to INR 31.23 crore from INR 16.02 crore. The company reported year-on-year growth of 95.1% in revenue and 94.9% in PAT.
EBITDA excluding other income reached INR 46.66 crore, compared with INR 21.73 crore, while the reported EBITDA margin increased to 29.32% from 26.65%.
Managing director Gaurav Lath attributed the performance to demand for railway control, safety and automation solutions, alongside operating efficiency and execution. He said the company would continue strengthening product development, manufacturing capacity and research capabilities.
