Submission of unaudited quarterly financial results (standalone and consolidated) for the quarter ended 30th June 2025
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Milestone Global Ltd reported its Q1 FY26 results (quarter ended 30 June 2025) approved by the Board on 8 August 2025. On a consolidated basis, revenue from operations grew about 26% year-on-year to Rs 417.58 lakhs (vs Rs 330.17 lakhs in Q1 FY25), driven mainly by a strong surge in Europe sales. Consolidated net profit jumped to Rs 43.23 lakhs from Rs 16.35 lakhs in the year-ago quarter, and EPS rose to Rs 0.83 from Rs 0.40. On a standalone basis, revenue dipped about 7% YoY to Rs 311.28 lakhs as the USA segment weakened, but profit before tax improved to Rs 25.84 lakhs from Rs 12.89 lakhs, swinging from a Rs 2.33 lakh loss in Q4 FY25. Auditor P.L. Tandon & Co. issued an unmodified limited review report on both sets of results.
Strong consolidated earnings growth driven by the Europe segment is a positive signal for shareholders, though the standalone business shows a YoY revenue dip in the USA market. The clean auditor's report with no qualifications supports confidence in the reported numbers, but investors should note that the consolidated results include subsidiary financials that were not independently reviewed by the auditor.