- Home
- Results news
- Prashant India
- Q2 FY27 results
Prashant India Q2 FY27 results: net loss of ₹0.20 crore vs ₹10.03 crore profit
Prashant India Ltd reported a standalone net loss of ₹0.20 crore for Q2 FY27, compared with a net profit of ₹10.03 crore in Q2 FY26. Revenue was unchanged at ₹0 crore, while total expenses rose to ₹0.19 crore from ₹0.18 crore a year earlier and from ₹0.11 crore in Q1 FY27. Basic EPS was -0.92 for the quarter.
Key points
- Revenue was unchanged at ₹0 crore in Q2 FY27 against Q2 FY26 and Q1 FY27.
- Net profit was a loss of ₹0.20 crore in Q2 FY27, down ₹10.23 crore from a profit of ₹10.03 crore in Q2 FY26.
- Total expenses rose 5.6% to ₹0.19 crore from ₹0.18 crore in the year-ago quarter, and were up ₹0.08 crore from Q1 FY27.
- Employee cost rose 16.7% to ₹0.07 crore from ₹0.06 crore in Q2 FY26, while other expenses were unchanged at ₹0.12 crore.
- Basic EPS was -0.92, down ₹24.61 from 23.69 in Q2 FY26 and ₹0.65 from -0.27 in Q1 FY27.
How did Prashant India perform in Q2 FY27?
Prashant India reported revenue of ₹0 crore for Q2 FY27, unchanged from both Q2 FY26 and Q1 FY27. Total income from operations was ₹0.01 crore, against ₹0.01 crore in Q2 FY26 and ₹0 crore in Q1 FY27. Total expenses rose to ₹0.19 crore from ₹0.18 crore in the year-ago quarter and ₹0.11 crore in the previous quarter.
The company reported an EBITDA loss of ₹0.19 crore in Q2 FY27, compared with a loss of ₹0.18 crore in Q2 FY26 and a loss of ₹0.11 crore in Q1 FY27. Loss before tax was ₹0.20 crore, against a profit of ₹10.03 crore in the year-ago quarter and a loss of ₹0.11 crore in the previous quarter. Tax was ₹0 crore, and the net loss was ₹0.20 crore, down ₹10.23 crore from the year-ago quarter and ₹0.09 crore from Q1 FY27.
Basic EPS was -0.92 for Q2 FY27, against 23.69 in Q2 FY26 and -0.27 in Q1 FY27. The figures are standalone. The board approved the unaudited standalone results for the quarter and half year ended 30 September 2026 on 5 November 2026, and the statutory auditors issued a limited review report.
| ₹ crore | Q2 FY27 | Q1 FY27 | Q2 FY26 | YoY | QoQ |
|---|---|---|---|---|---|
| Revenue from operations | 0 | 0 | 0 | ||
| Other income | 0.01 | 0 | 0.01 | +0.0% | |
| Total expenses | 0.19 | 0.11 | 0.18 | +5.6% | +72.7% |
| EBITDA | −0.19 | −0.11 | −0.18 | ||
| Profit before tax | −0.20 | −0.11 | 10.03 | turned to loss | |
| Tax | 0 | 0 | 0 | ||
| Net profit | −0.20 | −0.11 | 10.03 | turned to loss | |
| EPS (₹) | −0.92 | −0.27 | 23.69 | turned to loss |
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 Prashant India's costs and profit?
Total expenses were ₹0.19 crore in Q2 FY27, up ₹0.01 crore or 5.6% from ₹0.18 crore in Q2 FY26. Employee benefit expense rose ₹0.01 crore or 16.7% to ₹0.07 crore from ₹0.06 crore. Other expenditure was unchanged at ₹0.12 crore, while cost of materials consumed, finance costs and depreciation were each ₹0 crore, the same as a year earlier.
Other income was ₹0.01 crore, unchanged from Q2 FY26 and up ₹0.01 crore from ₹0 crore in Q1 FY27. The exceptional item in Q2 FY27 was a charge of ₹0.01 crore, against a gain of ₹10.20 crore in Q2 FY26 and a charge of ₹0.01 crore in Q1 FY27. Tax expense was ₹0 crore in all three quarters.
Against Q1 FY27, total expenses rose by ₹0.08 crore or 72.7%. Employee cost was up ₹0.03 crore or 75.0% to ₹0.07 crore, and other expenses were up ₹0.05 crore or 71.4% to ₹0.12 crore. Cost of materials, finance costs and depreciation were each unchanged at ₹0 crore. The filings do not state reasons for the changes in costs.
| ₹ crore | Q2 FY27 | Q2 FY26 | Change | Change % |
|---|---|---|---|---|
| Cost of materials | 0 | 0 | 0 | |
| Employee cost | 0.07 | 0.06 | +0.01 | +16.7% |
| Finance costs | 0 | 0 | 0 | |
| Depreciation | 0 | 0 | 0 | |
| Other expenses | 0.12 | 0.12 | 0 | +0.0% |
| Total expenses | 0.19 | 0.18 | +0.01 | +5.6% |
| Other income | 0.01 | 0.01 | 0 | +0.0% |
| Tax | 0 | 0 | 0 | |
| Exceptional items | −0.01 (charge) | +10.20 (gain) |
Source: Company's results filing (XBRL).
What do the balance sheet and cash flow show?
Total assets were ₹1.19 crore as on 30 September 2026, against ₹1.7 crore as on 31 March 2026. Total equity was negative ₹27.04 crore, compared with negative ₹26.85 crore at the previous balance sheet date. Borrowings were unchanged at ₹28.17 crore, while cash fell to ₹0.33 crore from ₹0.8 crore. Trade receivables were ₹0.07 crore at both dates, and trade payables were ₹0.04 crore against ₹0.02 crore.
For H1 FY27, operating cash flow was negative ₹0.48 crore, against positive ₹9.69 crore in H1 FY26. Investing cash flow was ₹0.01 crore in H1 FY27 and negative ₹0.28 crore in H1 FY26. Financing cash flow was ₹0 crore in H1 FY27 and negative ₹9.51 crore in H1 FY26. Capital expenditure was ₹0 crore in both half-year periods.
| ₹ crore | As of 30 September 2026 | As of 31 March 2026 |
|---|---|---|
| Total assets | 1.19 | 1.70 |
| Total equity | −27.04 | −26.85 |
| Borrowings | 28.17 | 28.17 |
| Cash and equivalents | 0.33 | 0.80 |
| Inventories | 0 | 0 |
| Trade receivables | 0.07 | 0.07 |
Source: Company's results filing (XBRL).
| ₹ crore | H1 FY27 | H1 FY26 |
|---|---|---|
| Cash from operations | −0.48 | 9.69 |
| Cash from investing | 0.01 | −0.28 |
| Cash from financing | 0 | −9.51 |
| Capital expenditure | 0 | 0 |
Source: Company's results filing (XBRL).
How has Prashant India done over the last 8 quarters?
Profit over the reported quarters was irregular. Net profit reached ₹10.03 crore in Q2 FY26, then moved to a loss of ₹2.67 crore in Q3 FY26, a loss of ₹0.92 crore in Q4 FY26 and a loss of ₹0.11 crore in Q1 FY27. The direction now is a loss of ₹0.20 crore in Q2 FY27.
Revenue peaked at ₹0.03 crore in Q4 FY25 and was ₹0.01 crore in Q1 FY26, while the remaining reported quarters, including Q2 FY27, recorded ₹0 crore. EBITDA margin was -2685.7 in Q3 FY25, the lowest reported, and -227.7 in Q4 FY25, the highest among the quarters with a stated margin.
Which businesses drove the quarter?
The Textile segment reported revenue of ₹0 crore in Q2 FY27, against ₹0.01 crore in Q2 FY26, and an EBIT loss of ₹0.02 crore against a profit of ₹10.14 crore in the year-ago quarter.
The Wind Farm segment reported revenue of ₹0 crore, unchanged from Q2 FY26, and an EBIT loss of ₹0.03 crore against a profit of ₹0.02 crore a year earlier. The Unallocated segment reported revenue of ₹0.01 crore, up 325.0% from ₹0 crore, with EBIT of ₹0 crore, the same as in Q2 FY26.
| Segment | Revenue | Revenue YoY | EBIT | EBIT margin |
|---|---|---|---|---|
| Textile | 0 | −0.02 | ||
| Wind Farm | 0 | −0.03 | ||
| Unallocated | 0.01 | +325.0% | 0 | 0.0% |
Source: Company's results filing (XBRL segment data).
How did other Other Textile Products companies do?
A total of 94 companies in the Other Textile Products industry filed results for this quarter, with a median revenue growth of 20.8% as on 6 November 2026. Of the peers compared, 69 reported higher profit, out of 96 companies compared for profit.
The number of peers that grew revenue more slowly than Prashant India was 94, and the number that grew faster was 94. Prashant India's own revenue was unchanged at ₹0 crore in the quarter, while the peer median revenue growth was 20.8%.
| Prashant India revenue growth (YoY) | not comparable |
|---|---|
| Median of 94 other Other Textile Products companies | +20.8% |
| Companies whose net profit rose | 69 of 96 |
Source: Filed results (XBRL) of the industry's companies.
Quick answers
What was Prashant India's revenue in Q2 FY27?
Revenue from operations was ₹0 crore, against ₹0 crore in Q2 FY26 (standalone).
Did Prashant India make a profit in Q2 FY27?
No. It reported a net loss of ₹0.20 crore, against a net profit of ₹10.03 crore in Q2 FY26.
What was Prashant India's EPS in Q2 FY27?
Basic loss per share was ₹0.92, against ₹23.69 in Q2 FY26.
When did Prashant India announce its Q2 FY27 results?
On 5 November 2026, in a filing to the BSE.
Sources
- Board Meeting Intimation for Intimation For Notice Of Board Meeting Scheduled To Be Held On 05Th November, 2026 (BSE, 29 October 2026) · PDF
- Board Meeting Outcome for Outcome Of The Board Meeting Held On 05Th November, 2026 (BSE, 5 November 2026) · PDF
- Outcome Of The Board Meeting Held On 05Th November, 2026 (BSE, 5 November 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.
This is information, not investment advice. MarketPing does not recommend buying or selling any security.