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Informist, Thursday, Feb. 12, 2026

By Durgesh Nandan

MUMBAI – Endurance Technologies Ltd. reported a double digit rise in its net profit and revenue for the December quarter. The company's net profit grew on year despite an increase in its expenses. The company surpassed the Street's estimates for its bottom line and top line.

Endurance Tech reported a net profit of INR 2.22 billion for the December quarter, up 20% on year. Analysts had seen the net profit at INR 2.15 billion. The top line for the quarter under review grew 26% on year to INR 36.08 billion, marginally higher than the Street's estimate of INR 35.29 billion. The company's revenue for the December quarter was the highest in 18 quarters and its net profit was the highest in four quarters.

Total expenses of the company were INR 33.24 billion, up over 26% from INR 26.34 billion a year ago. As the company's top line grew with the execution of orders, so did its costs. Cost of materials increased more than over 33% on year to INR 21.21 billion and employee benefit expenses increased more than 21% on year to INR 3.05 billion.

The company's other expenses were INR 7.33 billion, up over 21%, from INR 6.03 billion in the year-ago quarter. Depreciation and amortisation costs increased over 30% on year to INR 1.78 billion.

"Two-wheeler sales volumes for Indian OEMs grew 18.2% YOY (year-on-year) in Q3FY26 (Oct-Dec); while passenger vehicle volumes recorded a 19.2% YOY growth. Endurance standalone Total Income grew ahead of market at 22.2%. Market growth was on account of improved affordability following the GST rationalisation, which continues to aid demand growth even after the festive season," Anurang Jain, managing director of the company, said in its press release.

The company's India business sold 9.23 million total units in the December quarter against 7.76 million units a year ago. Two-wheelers were the highest contributor with 7.07 million units in its total vehicle sales.

The company's electric vehicle order value from Indian business was INR 2.24 billion for the nine months ended December. This was 24% of the total orders company received in India.

The company received orders worth INR 2.5 billion from two global clients for Solar Dampers and Actuators so far this financial year. Endurance Technology has completed the transaction for acquisition of 60% stake in Stoferle entities in Germany in 2025 and is planning to acquire the remaining 40% stake over the next five years.

The company's consolidated earnings before interest, tax, depreciation, and amortisation increased more than 30% on year to INR 5.14 billion.

In the coming months, Endurance Technology expects order book to get a boost of INR 42.1 billion as several request for quotation are under discussion with various customers, the company said in its investor presentation.

For the nine months of the current financial year, net profit increased more than 14% on year to INR 6.75 billion and revenue increased over 22% on year to INR 105.1 billion.

Thursday, shares of Endurance Tech. closed 2% lower at INR 2,557 apiece on the National Stock Exchange. The company declared its results for the December quarter after market hours.  End

Edited by Akul Nishant Akhoury

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