Nilkamal Ltd posted a steady performance for the July–September quarter (Q2 FY26), with consolidated net profit rising 2.7% year-on-year to ₹33.4 crore, compared with ₹32.5 crore in the same period last year.

Revenue grew 17.8% year-on-year to ₹968 crore, supported by broad-based growth across both the business-to-business (B2B) and retail segments.

The company’s EBITDA increased 10.3% to ₹85.6 crore, while operating margins stood at 8.84%, slightly lower than 9.44% a year ago.

The B2B segment registered an 18% rise in value terms and 13% in volume terms, while the retail and e-commerce segment expanded 20% year-on-year.

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The e-commerce business alone contributed ₹52.4 crore, marking a 23% ann

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