Krowniq Q1 FY27: Revenue up 122% YoY, swings to Rs 3.83 cr profit
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Krowniq Limited (formerly Lykis Limited) posted standalone Q1 FY27 revenue of Rs 99.39 cr, up 122% YoY from Rs 44.82 cr. Net profit was Rs 3.83 cr versus a loss of Rs 0.98 cr YoY. Consolidated revenue was Rs 126.68 cr with PAT of Rs 3.90 cr. The company changed its name from Lykis Limited to Krowniq Limited during the quarter, and saw a change in control and management with new MD appointed.
Strong YoY recovery with sharp revenue growth and swing to profit. Watch integration of new subsidiaries and change in control effects.