Bhagyanagar India Ltd's Q1FY26 Quarterly Results

Result Summary

• Bhagyanagar India Ltd reported a 18.9% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1FY26). On a year-on-year (YoY) basis, it witnessed a growth of 32.1%.
• Its expenses for the quarter were up by 17.9% QoQ and 30.2% YoY.
• The net profit increased 210.2% QoQ and increased 337.6% YoY.
• The earnings per share (EPS) of Bhagyanagar India Ltd stood at 2.4 during Q1FY26.

Financial Statments for Q1FY26

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

Company Overview

Bhagyanagar India Ltd operates as a prominent player in its industry, focusing primarily on the production and supply of copper products. The company has established a significant presence in the copper sector, offering a range of products such as copper rods, pipes, and sheets, catering to diverse industrial needs. Recent major developments in the industry, such as fluctuations in copper prices and changes in global demand, might impact the company's operations, although specific recent developments for Bhagyanagar India Ltd are not provided in the available data. The company continues to strive for innovation and sustainability in its production processes, contributing to its reputation and market position.

Revenue

For the first quarter of the fiscal year 2026 (Q1FY26), Bhagyanagar India Ltd reported a total income of ₹488.58 crores. This marks a significant increase of 18.9% compared to the previous quarter (Q4FY25), where the total income was ₹410.76 crores. On a year-over-year basis, there was a notable growth of 32.1% from ₹369.74 crores reported in the first quarter of the fiscal year 2025 (Q1FY25). The substantial increase in revenue on both a quarterly and annual basis reflects the company's strong performance and growth trajectory during this period.

Profitability

In terms of profitability, Bhagyanagar India Ltd exhibited a remarkable improvement in its financial performance. The profit before tax for Q1FY26 was ₹10.10 crores, representing an impressive quarter-over-quarter increase of 109.5% from ₹4.82 crores in Q4FY25. Year-over-year, this metric surged by 324.4% from ₹2.38 crores in Q1FY25. After accounting for taxes, the profit after tax stood at ₹7.57 crores, which is a substantial rise of 210.2% compared to the previous quarter and an increase of 337.6% from the same quarter in the previous year. Earnings per share also saw a significant rise, reaching ₹2.40 in Q1FY26, up 200% from ₹0.80 in Q4FY25 and 380% from ₹0.50 in Q1FY25.

Operating Metrics

Bhagyanagar India Ltd's operating metrics indicate a substantial increase in total expenses, amounting to ₹478.48 crores in Q1FY26. This represents a 17.9% increase from ₹405.94 crores in Q4FY25 and a 30.2% rise from ₹367.36 crores in Q1FY25. The increase in expenses is accompanied by a significant improvement in profitability, as evidenced by the rise in profit before and after tax. The tax expense for Q1FY26 was ₹2.53 crores, reflecting a 6.3% increase from the previous quarter and a 283.3% increase from the same quarter in the previous year. These figures provide insight into the company's operational efficiencies and cost management strategies during the period.