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Athena Global Technologies Q1 FY27 results: net loss narrows to ₹3.15 crore, revenue up 57.3%
Athena Global Technologies Ltd reported consolidated revenue of ₹4.75 crore in Q1 FY27, up 57.3% from ₹3.02 crore in the year-ago quarter, while EBITDA remained negative at ₹0.04 crore. The company reported a net loss of ₹3.15 crore and basic EPS of ₹1.99 for the quarter ended 30 June 2026.
Key points
- Consolidated revenue was ₹4.75 crore, up ₹1.73 crore or 57.3% from Q1 FY26.
- EBITDA was negative ₹0.04 crore, compared with negative ₹1.39 crore in Q1 FY26; the EBITDA margin improved to -0.9% from -46.0%.
- The company reported a net loss of ₹3.15 crore, compared with a net loss of ₹4.34 crore in Q1 FY26, while basic EPS was ₹1.99.
- Software Services revenue fell 37.9% to ₹1.61 crore, while Leasing Activity reported revenue of ₹2.24 crore and EBIT of ₹1.78 crore.
- On the reaction day, the stock fell 3.9%, compared with a 0.3% decline for the industry median.
How did Athena Global Technologies perform in Q1 FY27?
Athena Global Technologies reported consolidated revenue of ₹4.75 crore for Q1 FY27, compared with ₹3.02 crore in Q1 FY26 and ₹3.40 crore in Q4 FY26. Revenue increased 57.3% from the year-ago quarter and 39.7% from the previous quarter. EBITDA remained negative at ₹0.04 crore, against negative ₹1.39 crore a year earlier and negative ₹1.18 crore in Q4 FY26. The EBITDA margin was -0.9%, compared with -46.0% and -34.6%, respectively.
The company reported a net loss of ₹3.15 crore for Q1 FY27, compared with a net loss of ₹4.34 crore in Q1 FY26 and a net loss of ₹36.10 crore in Q4 FY26. Basic EPS was ₹1.99, against negative ₹3.09 in the year-ago quarter and ₹24.62 in the previous quarter. On a standalone basis, revenue was ₹3.84 crore, the company reported a net loss of ₹1.96 crore, and profit before tax was negative ₹2.41 crore.
| ₹ crore | Q1 FY27 | Q4 FY26 | Q1 FY26 | YoY | QoQ |
|---|---|---|---|---|---|
| Revenue from operations | 4.75 | 3.40 | 3.02 | +57.3% | +39.7% |
| Other income | 0.03 | 0.71 | 0.02 | +50.0% | −95.8% |
| Total expenses | 7.92 | 8.95 | 7.39 | +7.2% | −11.5% |
| EBITDA | −0.04 | −1.18 | −1.39 | ||
| EBITDA margin | -0.9% | -34.6% | -46.0% | +45.1 pp | +33.7 pp |
| Profit before tax | −3.13 | −37.20 | −4.35 | ||
| Tax | 0.02 | −1.09 | −0.01 | ||
| Net profit | −3.15 | −36.10 | −4.34 | ||
| EPS (₹) | 1.99 | 24.62 | −3.09 | turned to profit | −91.9% |
EBITDA here is revenue from operations less operating costs (total expenses excluding finance costs and depreciation): before other income and exceptional items. Growth is shown only when both figures are positive. Source: Company's results filing (XBRL).
What changed in Athena Global Technologies' costs and profit?
Total expenses were ₹7.92 crore in Q1 FY27, up ₹0.53 crore or 7.2% from ₹7.39 crore in the year-ago quarter. Employee cost fell ₹0.79 crore or 28.9% to ₹1.94 crore, while other expenses rose ₹1 crore or 59.5% to ₹2.68 crore. Finance costs increased ₹0.08 crore or 3.0% to ₹2.71 crore, depreciation increased ₹0.06 crore or 17.1% to ₹0.41 crore, and cost of materials increased ₹0.17 crore to ₹0.17 crore. Other income rose ₹0.01 crore to ₹0.03 crore.
There was no exceptional item in Q1 FY27. The company reported a pre-tax loss of ₹3.13 crore, compared with a loss of ₹4.35 crore in the year-ago quarter, and a net loss of ₹3.15 crore against a net loss of ₹4.34 crore. Tax was ₹0.02 crore in Q1 FY27, against negative ₹0.01 crore in Q1 FY26. The filing did not state reasons for the changes in the cost lines.
| ₹ crore | Q1 FY27 | Q1 FY26 | Change | Change % |
|---|---|---|---|---|
| Cost of materials | 0.17 | 0 | +0.17 | |
| Employee cost | 1.94 | 2.73 | −0.79 | −28.9% |
| Finance costs | 2.71 | 2.63 | +0.08 | +3.0% |
| Depreciation | 0.41 | 0.35 | +0.06 | +17.1% |
| Other expenses | 2.68 | 1.68 | +1 | +59.5% |
| Total expenses | 7.92 | 7.39 | +0.53 | +7.2% |
| Other income | 0.03 | 0.02 | +0.01 | +50.0% |
| Tax | 0.02 | −0.01 | +0.03 |
Source: Company's results filing (XBRL).
How has Athena Global Technologies done over the last 8 quarters?
Athena Global Technologies’ recent quarterly trend shows revenue moving upward from ₹2.21 crore in Q3 FY26 to ₹3.40 crore in Q4 FY26 and ₹4.75 crore in Q1 FY27. The company’s revenue increased year on year in each of the last two quarters. The latest revenue level was below the ₹4.37 crore recorded in Q2 FY25, however.
Profit showed greater volatility. The company reported a net profit of ₹1.34 crore in Q3 FY26, followed by a net loss of ₹36.10 crore in Q4 FY26 and a net loss of ₹3.15 crore in Q1 FY27. The EBITDA margin bottomed at -295.1% in Q3 FY26, improved to -34.6% in Q4 FY26 and reached -0.9% in Q1 FY27. The direction now is upward in revenue and margin, while profit remained a loss.
Which businesses drove the quarter?
Software Services reported revenue of ₹1.61 crore in Q1 FY27, down 37.9% from ₹2.59 crore in the year-ago quarter. Its EBIT was negative ₹4.52 crore, compared with negative ₹3.89 crore, and the segment’s EBIT margin was -281.2%.
Leasing Activity reported revenue of ₹2.24 crore and EBIT of ₹1.78 crore, with an EBIT margin of 79.7%. Online Education Services reported revenue of ₹0.55 crore, up 21.4% from ₹0.45 crore, and EBIT of negative ₹0.48 crore against EBIT of ₹0.04 crore. Unallocable reported revenue of ₹0.39 crore and EBIT of ₹0.08 crore.
| Segment | Revenue | Revenue YoY | EBIT | EBIT margin |
|---|---|---|---|---|
| SOFTWARE SERVICES | 1.61 | −37.9% | −4.52 | -281.2% |
| LEASING ACTIVITY | 2.24 | 1.78 | 79.7% | |
| ONLINE EDUCATION SERVICES | 0.55 | +21.4% | −0.48 | -86.2% |
| UNALLOCABLE | 0.39 | 0.08 | 19.4% |
Source: Company's results filing (XBRL segment data).
What else did the company announce?
The company filed the notice of its 34th Annual General Meeting and the Annual Report for FY2025-26 on 8 September 2026. The meeting was scheduled for 30 September 2026 at 01.30 P.M. through Video Conferencing or Other Audio Visual Means. The notice said that the meeting would consider adoption of the audited standalone and consolidated financial statements for the year ended 31 March 2026 and reappointment of Mrs. M Sunitha, who retires by rotation.
A board-meeting intimation filed on 10 August 2026 said that the board would meet on 14 August 2026 to consider and approve the un-audited standalone and consolidated financial results for the quarter ended 30 June 2026. The same filing said that the trading window was closed from 1 July 2026 until 48 hours after the announcement of financial results to all designated persons.
How did Athena Global Technologies shares react?
Athena Global Technologies’ stock fell 3.9% on the reaction day from the previous close of ₹53.34. By the next day’s close, the stock was down 4.9% from that pre-results close, and after five sessions it was down 6.3%. The industry median fell 0.3% on the reaction day, 1.1% by the next day and 2.4% after five sessions; the stock’s excess moves were -3.6 percentage points, -3.8 percentage points and -3.9 percentage points, respectively.
Earlier results-day moves were positive on 30 May 2026 at 0.3%, 14 February 2026 at 5.3%, 14 November 2025 at 1.2%, 11 August 2025 at 0.1%, 31 May 2024 at 5.0% and 12 August 2024 at 5.7%. The stock fell 3.4% on the reaction day on 25 May 2025.
| After the filing | Stock | Computers - Software & Consulting median |
|---|---|---|
| Reaction day | −3.9% | −0.3% |
| Next day | −4.9% | −1.1% |
| 5 days | −6.3% | −2.4% |
Minutes are measured from the price when the filing appeared; days from the previous close. Source: MarketPing price-reaction measurement.
| Results filed on | Stock on the reaction day |
|---|---|
| 30 May 2026 | +0.3% |
| 14 February 2026 | +5.3% |
| 14 November 2025 | +1.2% |
| 11 August 2025 | +0.1% |
| 25 May 2025 | −3.4% |
| 12 August 2024 | −5.7% |
| 31 May 2024 | +5.0% |
Source: MarketPing price-reaction measurement.
How did other Computers - Software & Consulting companies do?
Among 53 other Computers - Software & Consulting companies that filed for the quarter, the median revenue growth was 11.2%. Athena Global Technologies’ revenue growth of 57.3% was higher than the median. Fifty peers grew slower than the company, while three grew faster than the company. Of the 58 peers for which profit was compared, 36 reported higher profit.
| Athena Global Technologies revenue growth (YoY) | +57.3% |
|---|---|
| Median of 53 other Computers - Software & Consulting companies | +11.2% |
| Companies with slower revenue growth than Athena Global Technologies | 50 of 53 |
| Companies with faster revenue growth than Athena Global Technologies | 3 of 53 |
| Companies whose net profit rose | 36 of 58 |
Source: Filed results (XBRL) of the industry's companies.
Quick answers
What was Athena Global Technologies' revenue in Q1 FY27?
Revenue from operations was ₹4.75 crore, up 57.3% from ₹3.02 crore in Q1 FY26 (consolidated).
Did Athena Global Technologies make a profit in Q1 FY27?
No. It reported a net loss of ₹3.15 crore, against a net loss of ₹4.34 crore in Q1 FY26.
What was Athena Global Technologies' EPS in Q1 FY27?
Basic earnings per share were ₹1.99, against a loss of ₹3.09 in Q1 FY26.
How did Athena Global Technologies shares react to the Q1 FY27 results?
On the reaction day the stock moved −3.9% from the previous close; the median Computers - Software & Consulting stock moved −0.3%.
When did Athena Global Technologies announce its Q1 FY27 results?
On 8 September 2026, in a filing to the BSE.
Sources
- Board Meeting Intimation for Considering And Approving The Un-Audited Standalone And Consolidated Financial Results Of The Company For The First Quarter Ended 30Th June 2026 (BSE, 10 August 2026) · PDF
- Reg. 34 (1) Annual Report. (BSE, 8 September 2026) · PDF
How this was written: every figure in the tables and charts is calculated from the company’s filed results (XBRL) and MarketPing’s price measurements. The text is drafted with AI from those figures and the filings, and a checker removes any sentence carrying a number it cannot trace to them. How we write these.
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