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Tonbo Imaging turns profitable in Q2 FY27 with Rs 23.5 Cr; shares hit 20% upper circuit

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Tonbo Imaging turns profitable in Q2 FY27 with Rs 23.5 Cr; shares hit 20% upper circuit

Defence technology company Tonbo Imaging reported over 20X year-on-year growth in revenue from operations in its first quarterly results (Q2 FY27) after listing on the stock exchanges. The company also turned profitable during the quarter.

Tonbo Imaging’s revenue from operations increased to Rs 183.3 crore in Q2 FY27 from Rs 8.9 crore in Q2 FY26, according to its consolidated financial statement sourced from NSE.

Founded by Ankit Kumar, Arvind Kondangi Lakshmikumar and Cecilia D'Souza, Tonbo Imaging develops advanced imaging and surveillance technologies for defence and security applications. Its product portfolio includes thermal imaging systems, weapon sights, targeting solutions, missile seekers and fire control systems.

Tonbo Imaging's total income stood at Rs 185.2 crore during the quarter, including Rs 1.9 crore from non-operating income.

As the company scaled up its operations, its expenses also increased in line with scale. Cost of materials consumed was the largest expense component, accounting for over 78% of total expenses at Rs 120.9 crore during the quarter.

Employee benefits expenses remained largely flat at around Rs 12 crore in Q2 FY27, while depreciation and amortisation expenses and finance costs stood at Rs 9.8 crore and Rs 4.8 crore, respectively.

Overall, Tonbo Imaging's total expenses surged over 7 times year-on-year to Rs 153.7 crore in Q2 FY27 from Rs 21.6 crore in the corresponding quarter last fiscal.

6 crore in Q2 FY26.



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