Dollar Industries posted a steady Q2 FY26 performance with 5.6% YoY revenue growth to ₹471.9 crore and a 32.7% jump in PAT to ₹35.17 crore. The company announced a proposed merger of nine promoter entities to consolidate brand ownership, enhance governance, and drive growth. The thermals segment and modern retail channels showed key momentum.
Dollar Industries Limited, a reputed player in the garment and hosiery sector with a presence in over 15 countries, announced its Q2 FY26 results demonstrating strong operational and financial performance. Total income for the quarter grew 5.6% year-over-year to ₹47,186 lakhs, while operating EBITDA surged 23.3% to ₹6,031 lakhs, lifting margins by 183 basis points to 12.8%. Profit after tax (PAT) rose impressively by 32.7% YoY to ₹3,517 lakhs, with margin expansion to 7.4%.
The Board of Directors also approved a significant strategic step—the merger of nine promoter group entities into the listed company. This consolidation brings the ‘Dollar’ brand ownership directly under Dollar Industries, streamlining operational control, governance, and boosting efficiency. The move increases transparency and enables the company to innovate and deepen market trust.
Key Highlights:
- Operating Income rose 5.6% YoY to ₹47,186 lakhs; H1 FY26 revenue grew 11.6% YoY.
- Gross Profit increased 9.6% YoY with a margin expansion of 127 bps to 34.8%.
- Operating EBITDA jumped 23.3% YoY; margin expanded 183 bps to 12.8%.
- PAT surged 32.7% YoY to ₹3,517 lakhs with a 151 bps margin increase to 7.4%.
- The thermals segment showed robust growth: 23.5% value increase and 28.1% volume increase YoY.
- Modern trade, e-commerce, and quick commerce channels contributed 10.2% of total sales; quick commerce sales scaled sharply to 4%.
- Advertising costs were reduced to 6.2% of operating income, down from 7.2% in H1 FY25.
- EPS for Q2 FY26 stood at ₹6.20, up from ₹4.67 in Q2 FY25.
Dollar Industries remains focused on operational excellence, brand consolidation, and channel integration as it positions itself for sustained growth and enhanced shareholder value.
Sources: National Stock Exchange (NSE) Circular, Company Official Statements