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Azad Engineering Revenue History — Quarter by Quarter

Azad Engineering's revenue moved from ₹143 Cr in Q2 FY26 to ₹603 Cr in Q4 FY26, a 322.7% change over 3 quarters. The table keeps each quarter linked back to the underlying earnings page.

Revenue by Quarter

QuarterRevenue (₹ Cr)YoY Change
Q4 FY26₹603 Cr+32%
Q3 FY26₹159 Cr+31%
Q2 FY26₹143 Cr+28.1%

What management said about revenue

G

Q4 FY26 · Revenue growth of 25%+ for FY27

Management reiterated guidance of approximately 25%+ topline growth for the current financial year, driven by ramp-up of new facilities and qualified products.

G

Q4 FY26 · Oil & gas segment to contribute materially in FY27

With the Baker Hughes facility inaugurated in April 2026, oil & gas revenue is expected to ramp up and become a material contributor in FY27.

G

Q3 FY26 · 25%+ Revenue Growth Over Coming Years

Management expects revenue to grow at 25% or more annually, backed by order book and plant readiness.

G

Q3 FY26 · Aerospace Revenues Starting from FY27

Revenues from new aerospace customers (Rolls-Royce, etc.) are expected to begin in FY27.

G

Q2 FY26 · FY26 topline growth of 25-30%

Management reiterated guidance for 25-30% revenue growth for FY26, with H1 already at ₹277 crore (32.1% YoY).

G

Q2 FY26 · New facility stabilization by FY26-end

Phase 1 of new facilities to be completed over next 12 months; revenue contribution expected in H2 FY26.