NIBE Limited has submitted to the Exchange, the financial results for the period ended June 30, 2025.
NIBE · price
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NIBE Limited reported a weak set of Q1 FY26 results. Consolidated revenue from operations fell about 25% year-on-year to roughly Rs 82.5 crore, and net profit after tax dropped sharply to about Rs 1.04 crore from Rs 7.88 crore a year ago (down around 87%). Profit before tax collapsed to Rs 1.79 crore versus Rs 14.67 crore last year, indicating significant margin compression. On a standalone basis, revenue declined about 23% to Rs 81.2 crore and net profit fell roughly 50% to Rs 3.89 crore. The statutory auditor (Kailash Chand Jain & Co.) issued an unmodified limited review report. The board also accepted the resignation of CEO Ranjan Choudhary citing internal reorganization, appointed Prakash Khose as the new CEO, and deferred a planned preferential issue citing current market volatility.
Sharp year-on-year declines in both revenue and profit, along with leadership change at the top, may weigh on the stock in the near term. The decision to postpone fund-raising suggests the company is cautious about current valuations, while the weak operating performance raises questions about near-term earnings recovery.