Financial Results for the quarter ended 30th June, 2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Millennium Online Solutions reported Q1FY26 results on 13 August 2025 with a clean (unmodified) auditor review report from B Chordia & Co. On a standalone basis, the company recorded zero revenue from operations and a loss of Rs. 5.22 lakhs, marginally better than the Rs. 5.38 lakh loss a year ago. On a consolidated basis, revenue from operations jumped to Rs. 50.67 lakhs from Rs. 18.27 lakhs in Q1FY25 — a sharp ~177% year-on-year growth, driven entirely by the subsidiary (Millennium Online India Ltd, which contributed Rs. 150.67 lakhs of total revenue and a Rs. 4.13 lakh profit before tax). The consolidated loss narrowed significantly to Rs. 1.09 lakhs from Rs. 8.65 lakhs in the year-ago quarter. Total expenses rose to Rs. 52.15 lakhs on the back of higher purchases and other expenses.
The subsidiary-led turnaround is a positive sign — revenue nearly tripled and losses shrank sharply compared to a year ago. However, the parent company continues to generate no operating revenue and is entirely dependent on its subsidiary, which itself reported a small net cash outflow of Rs. 1.56 lakhs. Investors should watch whether the subsidiary's growth momentum sustains and whether the standalone entity can revive any independent business activity.