Electronics Mart India's Q1 FY 2025-26 Quarterly Results

Result Summary

• Electronics Mart India Ltd reported a 14.0% 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 decline of 12.0%.
• Its expenses for the quarter were up by 15.6% QoQ and down 9.4% YoY.
• The net profit decreased 46.7% QoQ and decreased 70.2% YoY.
• The earnings per share (EPS) of Electronics Mart India Ltd stood at 0.6 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

Electronics Mart India Ltd is a prominent player in the consumer electronics retail industry. The company primarily deals in a wide range of electronics products, including mobile phones, televisions, home appliances, and personal gadgets. As a major retailer, it focuses on providing a diverse selection of top-brand electronics to consumers across India. The company operates through various retail outlets, along with an online presence that caters to the increasing demand for digital shopping experiences. As of the most recent financial quarters, there are no significant developments or strategic shifts publicly reported that would impact the company's current operational framework.

Revenue

During Q1FY26, Electronics Mart India Ltd reported a total income of ₹1,740.65 crores. This marks a quarter-over-quarter (QoQ) increase of 14% from the previous quarter, Q4FY25, where the total income was ₹1,527.20 crores. However, when compared to the same quarter the previous year, Q1FY25, which stood at ₹1,977.12 crores, there is a year-over-year (YoY) decline of 12%. This fluctuation in total income indicates varying demand or sales performance over the periods in question, with a notable increase from the previous quarter but a decrease from the same period last year.

Profitability

The financial performance in terms of profitability shows a reduction in profit margins for Electronics Mart India Ltd. The profit before tax (PBT) for Q1FY26 was ₹28.90 crores, which is a 45.7% decline QoQ from ₹53.26 crores in Q4FY25 and a significant 70.3% decrease YoY from ₹97.25 crores in Q1FY25. Correspondingly, the profit after tax (PAT) for Q1FY26 was ₹21.62 crores, down 46.7% QoQ from ₹40.55 crores in Q4FY25 and down 70.2% YoY from ₹72.49 crores in Q1FY25. The earnings per share (EPS) also declined, recorded at ₹0.60 for Q1FY26 compared to ₹1.10 in Q4FY25 and ₹1.90 in Q1FY25, reflecting a 45.5% QoQ and a 68.4% YoY decrease. These figures suggest a contraction in profitability over both the quarterly and annual periods.

Operating Metrics

Analyzing the operating metrics, total expenses for Electronics Mart India Ltd in Q1FY26 were ₹1,703.58 crores, which represents a 15.6% increase QoQ from ₹1,473.94 crores in Q4FY25. Despite this increase in expenses from the previous quarter, there is a YoY decrease of 9.4% from ₹1,879.87 crores in Q1FY25. The tax expense for Q1FY26 was ₹7.28 crores, showing a decrease of 42.7% QoQ from ₹12.71 crores in Q4FY25 and a decrease of 70.6% YoY from ₹24.76 crores in Q1FY25. This reduction in tax expenses aligns with the decreased profitability over the periods. The financial data indicates that while income has seen some recovery over the last quarter, profitability pressures remain with rising expenses and reduced tax obligations.