63 Moons Technologies' Q1 FY 2025-26 Quarterly Results

Result Summary

• 63 Moons Technologies Ltd reported a 26.8% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 8.1%.
• Its expenses for the quarter were down by 13.3% QoQ and 4.7% YoY.
• The net profit decreased 168.1% QoQ and decreased 76.6% YoY.
• The earnings per share (EPS) of 63 Moons Technologies Ltd stood at 0.7 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

63 Moons Technologies Ltd is a company that operates in the technology sector, primarily focusing on providing innovative technology solutions. Although specific details about the company's main products or services aren't available from the current data set, the company has historically been associated with developing financial technology solutions. As of the data available, there are no recent major developments or news available. The company operates in an industry that is continually evolving, characterized by rapid technological advancements and the increasing integration of technology in financial services.

Revenue

In the first quarter of the fiscal year 2026 (Q1FY26), 63 Moons Technologies Ltd reported a total income of ₹94.62 crores. This represents a significant quarter-over-quarter (QoQ) increase of 26.8% compared to the ₹74.65 crores recorded in the fourth quarter of fiscal year 2025 (Q4FY25). Year-over-year (YoY), the total income rose by 8.1% from ₹87.54 crores in the first quarter of fiscal year 2025 (Q1FY25). This growth in total income over both periods indicates an upward trend in the company's revenue generation capabilities within the observed timeframe.

Profitability

For Q1FY26, 63 Moons Technologies Ltd recorded a profit before tax of ₹1.38 crores, marking a substantial improvement from a loss of ₹32.87 crores in Q4FY25 and an even greater improvement from a loss of ₹10.33 crores in Q1FY25. Despite these improvements, the company reported a profit after tax of -₹2.60 crores in Q1FY26, which contrasts with the ₹3.82 crores profit after tax reported in Q4FY25, but shows an improvement from the -₹11.13 crores in Q1FY25. The company's earnings per share (EPS) for the quarter stood at ₹0.70, a decline from ₹1.70 in the previous quarter, yet a noticeable improvement from -₹1.90 in the same quarter the previous year.

Operating Metrics

Total expenses for the first quarter of fiscal 2026 were ₹93.25 crores, reflecting a decrease of 13.3% QoQ from ₹107.52 crores in Q4FY25 and a YoY decrease of 4.7% from ₹97.88 crores in Q1FY25. This reduction in expenses over both periods signifies an adjustment in the company's cost management strategies. The tax expense for Q1FY26 was ₹3.13 crores, compared to -₹36.15 crores in Q4FY25 and ₹1.17 crores in Q1FY25, indicating fluctuations in the company's tax liabilities. The company's financial performance in terms of profitability and expense management shows variability, with significant changes in key operating metrics over the quarters.