SYNOPSIS:
Danlaw Technologies reported Q2 FY26 revenue of Rs. 65.6 crore, up 20 percent QoQ and 21 percent YoY, with net profit rising 57 percent QoQ and 22 percent YoY to Rs. 5.5 crore.
During Wednesday’s trading session, shares of a company providing engineering & software development consulting services, and industrial electronics, hit a 20 percent upper circuit at Rs. 906.1 on BSE, after reporting decent Q2 FY26 financial results.
At 01:57 p.m., shares of Danlaw Technologies India Limited were trading in green at Rs. 892.55 on BSE, up by around 18 percent, compared to its previous closing price of Rs. 755.1, with a market cap of Rs. 438 crores.
The stock has delivered negative returns of over 54 percent in one year, but has gained by around 15 percent in the last one month. Additionally, the stock hit its 52-week high at Rs. 1,964 on 12th November 2024, and is currently trading at a discount of over 54 percent.
What’s the News
Danlaw Technologies India Limited announced the financial results for the second quarter of FY26 on Wednesday during market hours, as per the latest regulatory filings with the BSE.
For Q2 FY26, the company posted a revenue from operations of Rs. 65.6 crores, reflecting a sequential growth of around 20 percent QoQ compared to Rs. 54.7 crores in Q1 FY26, and a year-on-year increase of more than 21 percent from Rs. 54 crores recorded in Q2 FY25.
During the same period, Danlaw Technologies’ net profit stood at Rs. 5.5 crores, representing an increase of over 57 percent QoQ from Rs. 3.5 crores, as well as a significant growth of around 22 percent YoY from Rs. 4.5 crores.
Danlaw Technologies India Limited provides engineering, software development, consulting services, and industrial electronics to the automotive and aerospace industries. Its products include the DataLogger device, Telematics product, Body control products, and Testing products. The company generates revenue from the sale of products and services, where the majority of its revenue is from the sale of products.
Written by Shivani Singh
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