| Metric | Value ($ M) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 9.09 | 23.2% | 1.6% |
| Total Income | 9.09 | 23.2% | 1.6% |
| Expenditure | 8.14 | 3.8% | 13.7% |
| PBT | 0.83 | 238.3% | 238.3% |
| Net Profit | 0.83 | 238.3% | 238.3% |
| OPM | 10.37% | 16.64pp | 15.82pp |
| NPM | 9.08% | 17.17pp | 15.80pp |
| EPS | 0.08 | 233.3% | 233.3% |
TechPrecision Reports Q2 FY26 Net Income Increase to $0.08 Per Share
04 May 2026 · 4 May, 7:17 am
Summary
TechPrecision Corporation reported financial results for the second quarter ended September 30, 2025. Revenue increased by 2% to $9.1 million, driven by higher revenue at Stadco. The company achieved a net income of $0.8 million, a significant improvement from the net loss of $0.6 million in the same period last year. Gross profit increased by $1.4 million to $2.5 million, with a consolidated gross margin of 27%. The company's backlog reached $47.8 million as of September 30, 2025, indicating strong customer confidence.
Key Highlights
- 1
TechPrecision Corporation reported a 2% increase in revenue to $9.1 million for the second quarter of fiscal year 2026.
- 2
Gross profit increased by $1.4 million to $2.5 million due to improved operating performance at both Ranor and Stadco.
- 3
The company's operating income was $0.9 million in Q2 FY26, compared to a loss of $0.5 million in the same period a year ago.
- 4
Net income for the second quarter of fiscal year 2026 was $0.8 million, compared to a net loss of $0.6 million in the same period last year.
- 5
Customer confidence remains high with backlog reaching $47.8 million as of September 30, 2025.
- 6
Consolidated gross margin improved to 27% on $9.1 million in revenue in the second quarter of fiscal 2026.
Management Comments
Alexander Shen
“Both Ranor and Stadco executed on a favorable project mix and improved gross margins and gross profit in the second quarter." “We improved consolidated gross margin to 27% on $9.1 million in revenue in the second quarter of fiscal 2026, and consolidated gross profit totaled $2.5 million. Cost of revenue was lower at both Ranor and Stadco as a direct result of favorable mix at both segments.” “Customer confidence remains high with our backlog reaching $47.8 million as of September 30, 2025,” Mr. Shen continued. “We expect to deliver this backlog over the next one to three fiscal years with expectations for gross margin improvement throughout the period.”
Informational and educational content only. Not investment advice.