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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.7 pts more than Nifty Microcap 250 and 2.2 pts more than its IT Enabled Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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iStreet Network reported revenue from operations of ₹1,322.68 lakhs for Q1 FY26 (quarter ended 30 June 2025), more than doubling from ₹603.75 lakhs in Q1 FY25. Total income stood at ₹1,502.68 lakhs, lifted significantly by an unusual ₹180 lakhs in 'other income' compared to just ₹1.97 lakhs a year earlier. Profit after tax swung from a loss of ₹3.33 lakhs in Q1 FY25 to a profit of ₹246.83 lakhs, with basic EPS of ₹1.16. The statutory auditor (SMMP & Co.) issued a clean, unmodified limited review report with no qualifications. The filing also notes an ongoing change of control — acquirers Uttam I Dave and Yash Maheshwari are buying 85 lakh shares and taking over management from existing promoters, with the process nearing completion. However, the company's 'other equity' remains deeply negative at ₹(1,003.99) lakhs, meaning accumulated losses still exceed paid-up capital.
The headline numbers show a sharp turnaround in both revenue and profit, but the ₹180 lakh jump in other income is a one-off boost that shareholders should treat cautiously — sustainable growth depends on core operating revenue. The negative reserves are a structural concern that could constrain dividends and capital actions. Watch for completion of the promoter change and clarity on whether the higher revenue run-rate continues without the non-recurring income.