Banka Bioloo's Q2 FY 2025-26 Quarterly Results

Result Summary

• Banka Bioloo Ltd reported a 7.1% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 4.6%.
• Its expenses for the quarter were up by 18.8% QoQ and down 20.2% YoY.
• The net profit decreased 10900.0% QoQ and decreased 82.4% YoY.
• The earnings per share (EPS) of Banka Bioloo Ltd declined at 1 during Q2 FY 2025-26.

Financial Statments for Q2 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

Banka Bioloo Ltd operates in the sanitation sector, primarily focusing on providing innovative sanitation solutions in India. The company is known for its bio-toilets, which are an eco-friendly solution to waste management. These toilets utilize bio-digester technology developed by the Defence Research and Development Organisation (DRDO) to convert human waste into water and biogas. Banka Bioloo Ltd caters to various sectors, including railways, rural areas, and urban municipalities, contributing to the improvement of sanitation and hygiene standards across the country. The company plays a significant role in supporting government initiatives like the Swachh Bharat Abhiyan (Clean India Mission). As of the data provided up to October 2023, there are no major recent developments available for Banka Bioloo Ltd.

Revenue

In Q2FY26, Banka Bioloo Ltd reported a total income of ₹13.06 crores, reflecting a quarter-over-quarter (QoQ) increase of 7.1% from ₹12.19 crores in Q1FY26. Additionally, there was a year-over-year (YoY) growth of 4.6% compared to ₹12.49 crores recorded in Q2FY25. This revenue growth demonstrates the company's ability to generate increased income over both the previous quarter and the same period in the prior year. This performance indicates a steady trajectory in revenue generation, which is a crucial aspect of the company's financial health.

Profitability

For the quarter ending Q2FY26, Banka Bioloo Ltd posted a Profit Before Tax (PBT) of -₹1.59 crores. This reflects a significant QoQ increase in losses from -₹0.14 crores in Q1FY26. However, compared to Q2FY25, where the PBT was -₹6.18 crores, there is a notable reduction in losses by 74.3% YoY. The Tax expense for Q2FY26 was -₹0.48 crores, compared to -₹0.13 crores in Q1FY26 and -₹0.05 crores in Q2FY25. The Profit After Tax (PAT) for Q2FY26 stands at -₹1.08 crores, a decrease from ₹0.01 crores in Q1FY26, but an improvement from -₹6.13 crores in Q2FY25, marking an 82.4% YoY reduction in losses. Earnings Per Share (EPS) for Q2FY26 is -₹1.00, which is a substantial improvement from -₹5.65 in Q2FY25, highlighting a decrease in losses per share by 82.3% YoY.

Operating Metrics

Total expenses for Banka Bioloo Ltd in Q2FY26 amounted to ₹14.65 crores, representing an 18.8% increase QoQ from ₹12.33 crores in Q1FY26. When compared to Q2FY25, where the total expenses were ₹18.36 crores, there is a 20.2% YoY decrease. This indicates a reduction in the company's expenditure over the year, despite a rise in expenses from the previous quarter. The company's financials reveal a substantial QoQ and YoY improvement in profitability metrics, although the company remains in a loss position. The focus on reducing expenses compared to the previous year provides a critical insight into the company's operational efficiency improvements over the year.