Shares of Jyoti CNC Automation Ltd hit a day high of Rs 1,014.95 on 3 November, up 8%, after its standalone profit rose 46% in Q2 FY27.

In results approved by its board on 3 November, the machine tool maker earned Rs 115 crore on a standalone basis, against about Rs 79 crore a year earlier.

Standalone means the parent company’s own books, leaving out its overseas arms.

Sales rose 31.7% to Rs 590 crore from Rs 448 crore a year earlier. Operating profit climbed to Rs 164 crore from Rs 111 crore.

The margin, which shows how much of each rupee of sales is left as operating profit, widened to 27.9% from 24.8%.

Orders add to the picture. The order book stood at Rs 5,082 crore on 30 September, helped by new orders of over Rs 800 crore in the quarter.

Aerospace and defence make up 36% of it, ahead of autos at 22% and general engineering at 21%.

Dispatches hit a record 1,900 machines, the most the company has shipped in any single quarter. The group figures tell a different story.

Including its overseas units, profit fell 15% to about Rs 73 crore from Rs 86 crore, even though revenue rose 18.5% to Rs 602 crore.

The group’s share of losses at foreign subsidiaries was Rs 43 crore for the quarter.

In August, the company received approval from the electronics ministry for a Rs 1,020.65 crore investment at its Rajkot plant over five years, under the Electronics Components Manufacturing Scheme.

The scheme makes it eligible for a capital incentive of up to 25%. It has also applied for extra support under a Gujarat government scheme.

At 14:47 pm, it’s trading at Rs 979.65 on NSE, up 4.06% from the previous close of Rs 941.45, after swinging between Rs 897.45 and Rs 1,014.95 today.

The stock has gained 11.32% over the past year but is still 1.72% lower so far in 2026.

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