Akash Infraprojects' Q1 FY 2025-26 Quarterly Results

Result Summary

• Akash Infraprojects Ltd reported a 28.4% 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 44.2%.
• Its expenses for the quarter were up by 60.9% QoQ and 46.0% YoY.
• The net profit decreased 94.6% QoQ and decreased 51.4% YoY.
• The earnings per share (EPS) of Akash Infraprojects Ltd stood at 0.1 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

Akash Infraprojects Ltd is a company operating in the infrastructure sector. The company primarily engages in civil construction projects, which might include roads, bridges, and other infrastructure development. As of the latest information up to October 2023, Akash Infraprojects Ltd has not disclosed any major new developments or strategic shifts. However, given its industry, it is likely involved in ongoing construction projects and possibly bidding for new contracts. The company operates in a competitive marketplace where factors like project timelines, cost management, and regulatory compliance play crucial roles in its operations and performance.

Revenue

In the first quarter of the fiscal year 2026 (Q1FY26), Akash Infraprojects Ltd reported a total income of ₹21.44 crores. This represents a significant quarter-over-quarter (QoQ) increase of 28.4% compared to the previous quarter (Q4FY25), where the total income was ₹16.70 crores. Year-over-year (YoY) comparison with the first quarter of the fiscal year 2025 (Q1FY25) shows an increase of 44.2% from ₹14.87 crores. These figures indicate a robust growth in revenue generation over both the quarterly and annual comparisons.

Profitability

The profitability metrics for Akash Infraprojects Ltd in Q1FY26 demonstrate a decline when compared to previous periods. Profit Before Tax (PBT) in Q1FY26 stood at ₹0.26 crores, which is a decrease of 92.6% QoQ from ₹3.53 crores in Q4FY25 and a 27.8% decrease YoY from ₹0.36 crores in Q1FY25. The tax expense during Q1FY26 was ₹0.07 crores, which decreased by 81.6% QoQ from ₹0.38 crores in Q4FY25 but showed a substantial increase of 600% YoY from ₹0.01 crores in Q1FY25. Consequently, Profit After Tax (PAT) for Q1FY26 was ₹0.17 crores, down 94.6% QoQ from ₹3.14 crores in Q4FY25 and down 51.4% YoY from ₹0.35 crores in Q1FY25. Earnings Per Share (EPS) followed a similar trend, decreasing 94.6% QoQ from ₹1.85 to ₹0.10, and 50.0% YoY from ₹0.20.

Operating Metrics

The operating metrics of Akash Infraprojects Ltd in Q1FY26 reveal changes in the company's cost structure and efficiency. Total expenses for the quarter amounted to ₹21.19 crores, representing a significant QoQ increase of 60.9% from ₹13.17 crores in Q4FY25 and a YoY increase of 46.0% from ₹14.51 crores in Q1FY25. The substantial rise in expenses relative to the increase in total income has impacted the profitability metrics negatively. This data suggests that while the company has been successful in increasing its revenue, the rise in expenses has outpaced this growth, affecting the overall profitability.