63 moons technologies limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2025.
63MOONS · price
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Awaiting price reaction for this filing.
63 moons reported a strong Q1 FY26 turnaround. Standalone total income rose ~53% year-on-year to ₹6,785.64 lakhs, with revenue from operations up ~90% to ₹2,567.68 lakhs. Standalone net profit (including discontinued operations) was ₹1,731.01 lakhs versus a loss of ₹1,210.99 lakhs in Q1 FY25; consolidated net profit was ₹307.95 lakhs versus a loss of ₹858.69 lakhs. Results include an exceptional loss of ₹750 lakhs from writing off additional long-term investment in subsidiary NSEL. The statutory auditors issued a qualified conclusion on both standalone and consolidated results, flagging multiple ongoing legal cases linked to the NSEL payment default and uncertainty over their financial impact. They also added emphasis-of-matter notes on IL&FS (ITNL) debentures and Yes Bank AT-1 bond write-offs, and the ₹1,950 crore one-time settlement scheme for NSEL creditors (approved by 92.81% of creditors, pending NCLT nod). The 37th AGM is scheduled for September 24, 2025.
Headline numbers look strong and reflect a clear swing back to profit, but the qualified auditor opinion, the large NSEL-related legal overhang, and the ₹1,950 crore settlement commitment weigh on the stock. Shareholders are also blocked from receiving past declared dividends (₹8,754.92 lakhs) and a fresh proposed dividend of ₹1.20 per share due to a Bombay High Court order, which is a meaningful cash-flow and sentiment negative.