Digidrive Distributors' Q2 FY 2025-26 Quarterly Results

Result Summary

• Digidrive Distributors Ltd reported a 56.5% 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 36.0%.
• Its expenses for the quarter were up by 43.9% QoQ and 29.1% YoY.
• The net profit decreased 1850.0% QoQ and increased 600.0% YoY.
• The earnings per share (EPS) of Digidrive Distributors Ltd stood at 0.45 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

Digidrive Distributors Ltd is a company involved in the distribution sector, with a focus likely on technology and digital products, given its name. However, specific details about its main products or services are not available in the provided data. Without additional context, it is unclear if there have been any recent major developments in the company's business activities or strategic direction.

Revenue

In the second quarter of the fiscal year 2026 (Q2FY26), Digidrive Distributors Ltd recorded a total income of ₹15.45 crores. This represents a significant increase of 56.5% compared to the previous quarter (Q1FY26), where total income was ₹9.87 crores. Year-over-year, the total income has also grown by 36.0%, from ₹11.36 crores in Q2FY25. This substantial growth in revenue indicates a strong performance in terms of income generation over both the quarterly and yearly periods.

Profitability

The company's profitability has shown notable improvements in Q2FY26. The profit before tax increased to ₹1.20 crores from a loss of ₹0.03 crores in Q1FY26, marking a dramatic quarter-over-quarter change of -4100.0%. Compared to Q2FY25, where the profit before tax was ₹0.32 crores, there is a 275.0% year-over-year increase. The profit after tax for Q2FY26 stands at ₹1.75 crores, significantly up from a loss of ₹0.10 crores in Q1FY26 and from ₹0.25 crores in Q2FY25, reflecting a 600.0% year-over-year increase. Earnings per share also rose to ₹0.45 from a negative ₹0.03 in Q1FY26 and ₹0.06 in Q2FY25, with YoY change of 650.0%.

Operating Metrics

The total expenses for Digidrive Distributors Ltd in Q2FY26 were reported at ₹14.25 crores, increasing by 43.9% from ₹9.90 crores in Q1FY26. Year-over-year, expenses rose by 29.1% from ₹11.04 crores in Q2FY25. Despite the increase in expenses, the company's ability to enhance its revenue has led to a more favorable profit margin. The tax figures present an interesting observation, with a negative tax figure of ₹-0.55 crores in Q2FY26, which marks a significant shift from a tax expense of ₹0.07 crores in both Q1FY26 and Q2FY25. This change in tax impact is reflected in the overall profitability of the company for the quarter.