Kotyark Industries Ltd share price slipped 4.55% to Rs 31.88 after the company's net profit tanked by 52.45% to Rs 4.46 crore, while revenue from operations gained significantly 44.49% to Rs 91.98 crore in Q2FY26 over Q1FY26.

The market capitalization of Refineries & Marketing industry group stocks on BSE stood at Rs 21.46 lakh crore, rallying 20.16%. It has eased by 1.71% over last one week and crept higher by 2.54% in last one month while the market capitalization of Kotyark Industries Ltd has inched up 4.12% and 12.33% in the same period respectively.

Profit before tax (PBT) of Kotyark Industries Ltd stood at Rs 7.47 crore in Q2 FY26, expanding by 30.59% year-on-year, and tumbling by 44.99% quarter-on-quarter. EBITDA came in at Rs 12 crore, improving 13.81% YoY and nosediving by 38.90% sequentially.

Total expenses soared by 73.37% to Rs 82.75 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 58.64 crore, soaring by 41.06% YoY, while employee benefits expense was at Rs 1.49 crore, tanking by 13.87% YoY.

For the TTM ended FY26, revenue from operations grew marginally by 9.29% to Rs 314.87 crore, while net profit surged by 33.24% to Rs 19.36 crore, compared to previous TTM. EBITDA jumped by 3846% to Rs 47.89 crore, and PBT witnessed a strong rise of 31.55% to Rs 26.85 crore compared to previous TTM.

The company's consolidated net cash flow from operating activities stood at Rs 3.92 crore in FY26, as against Rs 30.92 crore in FY25.