Dollar Industries Posts Strong Q2; EBITDA Soars 23.3% YoY
Dollar Industries Ltd reported a strong set of numbers for Q2 FY26, delivering solid growth in profitability along with improved operating margins. Operating EBITDA rose 23.3% year-on-year to Rs 6,031 lakh, with margins expanding 183 bps to 12.8%, supported by cost efficiencies and operating leverage.
Operating income for the quarter increased 5.6% YoY to Rs 47,186 lakh, while gross profit grew 9.6% to Rs 16,402 lakh, with margins improving to 34.8%. PAT for the quarter rose 32.7% YoY to Rs 3,517 lakh, with the margin strengthening to 7.4%.
The company announced that Q2 marked an important strategic milestone with the proposed merger of nine promoter group entities into the listed company. This consolidation will unify brand ownership, manufacturing units and real estate under Dollar Industries Ltd.
The Managing Directors, Vinod Kumar Gupta and Binay Kumar Gupta, said the merger will transfer full ownership of the ‘Dollar’ brand to the company, enhancing governance, reducing conflicts of interest and strengthening long-term strategic control. They noted that this consolidation will help drive product innovation, improve market positioning and deepen stakeholder trust.
The thermals segment recorded strong traction during the quarter, with value growth of 23.5% YoY and volumes up 28.1%, supported by expectations of a prolonged winter and improved product availability.
The company continued to expand its presence across modern trade, e-commerce and quick commerce, with these channels contributing 10.2% of overall sales in Q2. Quick commerce alone contributed 4% of revenue, reflecting its rising significance in the company’s retail mix.
