Q1 FY27 Results: Sharp Revenue Drop, Profit Lifted by Exceptional Item
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Company approved Q1 FY27 (June 2026) standalone unaudited results. Revenue from operations fell sharply from about Rs 20.71 lakhs in Q1 FY26 to near zero this quarter. Net profit rose to Rs 259.55 lakhs from Rs 15.68 lakhs, driven by exceptional items of Rs 252.21 lakhs. Board separately approved raising Net Owned Fund to Rs 10 crore by 30 September 2026 to meet NBFC scale-based regulatory norms. Auditor's limited review report has no qualifications.
Revenue collapse is worrying for shareholders, but reported profit is propped up by a one-time exceptional gain. NOF hike signals compliance push for NBFC status.