DOMS revenue rises 19 per cent as June quarter profit slips 23 per cent

MUMBAI: Looks like the top line sharpened its pencil, while the bottom line needed a fresh eraser. DOMS Industries began FY27 with robust sales growth, but rising raw material and employee costs took the edge off its earnings, leading to a decline in quarterly profit despite healthy demand for its stationery products.

The company reported revenue from operations of Rs 670.5 crore for the quarter ended June 30, 2026, up 19.2 per cent from Rs 562.3 crore in the corresponding period last year. Including other income, total income stood at Rs 674.5 crore, compared with Rs 566.8 crore a year ago.

Despite the stronger top line, net profit fell 23.4 per cent to Rs 45.3 crore, down from Rs 59.1 crore in the year-ago quarter, as higher operating expenses offset revenue gains.

The pressure on profitability was evident across the cost structure. Raw material consumption climbed to Rs 369.9 crore from Rs 273.4 crore, while employee benefit expenses rose to Rs 94.3 crore, compared with Rs 76.4 crore a year earlier. Depreciation increased to Rs 23.4 crore, although finance costs eased to Rs 2 crore from Rs 3.5 crore.

Even with rising costs, the company maintained healthy operating profitability. Profit before tax came in at Rs 61.1 crore, while earnings per share stood at Rs 7.33, compared with Rs 9.44 in the corresponding quarter last year.

The company also expanded through its growing portfolio of subsidiaries and associate businesses. During the quarter, DOMS continued consolidating operations across Pioneer Stationery, Micro Wood, Skido Industries, Uniclan Healthcare, Super Treads, DOMS Foundation and associate Clapjoy Innovations.

DOMS also confirmed that it has fully utilised the Rs 332.7 crore raised through its December 2023 initial public offering. The proceeds were deployed towards financing its manufacturing expansion project and general corporate purposes, in line with the objectives outlined in the offer document.

The results underline a familiar trend playing out across India’s consumer goods sector. Demand continues to remain resilient, helping companies deliver double-digit revenue growth, but higher input and operating costs are making it harder to translate those gains into stronger profits.

For DOMS, the latest quarter suggests that while demand for notebooks, pencils and school supplies remains firmly on the page, the next chapter will depend on how effectively it can keep costs from writing over its margins.