Digidrive Distributors' Q1 FY 2025-26 Quarterly Results

Result Summary

• Digidrive Distributors Ltd reported a 44.7% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 30.8%.
• Its expenses for the quarter were down by 19.1% QoQ and 21.6% YoY.
• The net profit decreased 102.5% QoQ and decreased 107.4% YoY.
• The earnings per share (EPS) of Digidrive Distributors Ltd - at - 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

Digidrive Distributors Ltd is involved in the distribution sector, focusing on the supply chain and logistics of various goods and services. The company's primary business activities revolve around providing efficient distribution solutions, leveraging its network to deliver products to consumers and businesses. As of the latest updates, no specific recent developments have been noted for Digidrive Distributors Ltd. However, the company operates within a competitive industry where logistics and distribution efficiency are key to maintaining market position.

Revenue

In the first quarter of FY26, Digidrive Distributors Ltd reported a total income of ₹9.87 crores. This represents a significant decline from the previous quarter (Q4FY25), where the total income was ₹17.84 crores, marking a quarter-over-quarter (QoQ) decrease of 44.7%. Compared to the first quarter of the previous fiscal year (Q1FY25), where the total income was ₹14.26 crores, there is a year-over-year (YoY) decrease of 30.8%. These figures illustrate a downward trend in revenue generation, indicating challenges faced by the company in maintaining its income levels over the comparative periods.

Profitability

For Q1FY26, Digidrive Distributors Ltd recorded a loss with a profit before tax of ₹-0.03 crores. This is a sharp decline from the profit before tax of ₹5.60 crores in Q4FY25 and ₹1.63 crores in Q1FY25. The profit after tax also turned negative at ₹-0.10 crores, decreasing from ₹3.98 crores in the previous quarter and ₹1.36 crores in the same quarter of the previous year. The earnings per share (EPS) for this quarter was reported at ₹0.00, down from ₹1.00 in Q4FY25 and ₹0.30 in Q1FY25. These figures highlight a notable decrease in profitability on both a quarterly and annual basis.

Operating Metrics

In terms of operational expenses, the total expenses for Q1FY26 were ₹9.90 crores, which is a reduction from ₹12.24 crores in Q4FY25 and ₹12.63 crores in Q1FY25. This represents a QoQ decrease of 19.1% and a YoY decrease of 21.6%. Despite the reduction in expenses, the decline in total income has outpaced cost reductions, impacting the company's profitability. The tax expense was ₹0.07 crores in Q1FY26, down from ₹1.62 crores in Q4FY25 and ₹0.27 crores in Q1FY25, reflecting a considerable reduction in tax liabilities in line with decreased profitability. These metrics suggest operational adjustments in response to changing financial conditions.