The operating EBITDA delivered one of the quarter’s strongest performances, surging 23.3 per cent to ₹6,031 lakh, with margins rising to 12.8 per cent—an improvement of 183 bps YoY. The company credited operating leverage and cost optimisation, including lower advertising spends, for the margin expansion.
Dollar Industries has reported a strong Q2 FY26 with total income up 5.6 per cent to ₹47,329 lakh (~$53.34 million) and gross profit rising 9.6 per cent.
Operating EBITDA jumped 23.3 per cent, while PAT grew 32.7 per cent.
A major milestone was the proposed merger of nine promoter group companies, consolidating brand ownership and strengthening long-term strategic alignment.
The profit after tax (PAT) jumped 32.7 per cent to ₹3,517 lakh, with margins improving to 7.4 per cent, driven by stronger operating profitability. Earnings per share (EPS) rose to ₹6.20, up from ₹4.67 in Q2 FY25. Sequentially, Dollar announced substantial improvement as well, with PAT and EBITDA rising sharply quarter-on-quarter (QoQ).
The thermals segment delivered standout growth, with revenue rising 23.5 per cent YoY and volumes up 28.1 per cent, aided by expectations of a prolonged winter and wider availability across key regions.
Dollar continued to strengthen its omnichannel capabilities. Modern trade, e-commerce, and quick commerce collectively contributed 10.2 per cent of sales. Quick commerce alone accounted for 4 per cent of overall sales, highlighting its growing influence in the company’s distribution strategy.
For the first half (H1) of FY26, operating income increased 11.6 per cent to ₹87,098 lakh (~$98.16 million), while gross profit rose 13.8 per cent to ₹30,550 lakh. Operating EBITDA grew 22.1 per cent to ₹10,319 lakh, with margins improving to 11.8 per cent. PAT for H1 stood at ₹5,649 lakh, up 35.1 per cent YoY, with EPS at ₹9.96.
A key development in Q2 was the announcement of a merger involving nine promoter group companies with Dollar Industries Limited. The consolidation brings brand ownership, manufacturing facilities, and real estate assets under a single listed entity. Crucially, ownership of the ‘Dollar’ brand will shift directly to the company, strengthening governance, operational synergy, and long-term strategic alignment.
Dollar Industries reiterated its commitment to improving profitability through cost optimisation, operating efficiency, and stronger brand control. The management expressed confidence that strategic restructuring, coupled with multi-channel expansion, will support sustained growth in the coming quarters.
“We are pleased to report another quarter of steady performance and strategic progress for Dollar Industries Limited. This quarter marks a key milestone with the proposed merger of nine promoter group companies into the listed entity, consolidating brand ownership, manufacturing units, and real estate under one structure to enhance governance, operational control, and efficiency,” said Vinod Kumar Gupta and Binay Kumar Gupta, managing directors at Dollar Industries Limited.
“A key highlight of the merger is the transfer of the ‘Dollar’ brand ownership directly to Dollar Industries Limited, giving us complete ownership of a core asset and eliminating potential conflicts of interest. With the brand consolidated under the listed entity, we will be able to strengthen our market presence, drive product innovation, and deepen stakeholder trust,” they added.
Fibre2Fashion News Desk (SG)
