# RHI Magnesita Q2 Profit Surges

> RHI Magnesita's Q2 net profit jumps 62% to over Rs 62 crore, driven by strong Indian operations.
- Title: RHI Magnesita Q2 Profit Surges · The Economic Times | Shortify
- Summary: RHI Magnesita's Q2 net profit jumps 62% to over Rs 62 crore, driven by strong Indian operations.
- Keywords: rhi magnesita, q2 net profit, consolidated revenues, refractory products, india operations, financial results, The Economic Times
- Source: The Economic Times — https://economictimes.indiatimes.com/markets/stocks/earnings/rhi-magnesita-q2-net-profit-jumps-62-pc-to-over-rs-62-cr/articleshow/135830890.cms
- Author: PTI
- Published: 2026-11-14T11:09:00+00:00
- Read time: 1 min
- Topics: rhi magnesita, q2 net profit, consolidated revenues, refractory products, india operations, financial results, money, business
## Q2 Profit Jump
RHI Magnesita reported a 62 per cent year-on-year rise in consolidated net profit to Rs 62.09 crore in the September quarter.
## Revenue Growth
Consolidated revenues increased to Rs 1,038.26 crore from Rs 1,036.45 crore in the year-ago quarter.
## Expense Reduction
The company reduced expenses to Rs 953.06 crore from Rs 984.68 crore in Q2 FY26.
## EBITDA Boost
EBITDA rose 30 per cent year on year to Rs 144 crore.
## CEO Statement
MD and CEO Pankaj Malhan cited customer-centric approach and operation excellence as key to profitability despite rising costs.

> Our strong business model with customer-centric approach & operation excellence with disciplined execution have enabled us to deliver profitability despite rising costs.
## New CFO Appointment
Abhishek Bajaj joins as CFO and Chief Investor Relations Officer effective January 2027 after two decades of strategic financial leadership.
## Key takeaway

RHI Magnesita reported a 62% year-on-year increase in Q2 net profit to Rs 62.09 crore, boosted by higher revenues from India.