Energy Development Company's Q2 FY 2025-26 Quarterly Results

Result Summary

• Energy Development Company Ltd reported a 99.0% 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 36.1%.
• Its expenses for the quarter were up by 8.6% QoQ and 8.2% YoY.
• The net profit increased 540.6% QoQ and increased 61.4% YoY.
• The earnings per share (EPS) of Energy Development Company Ltd stood at 2.22 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

Energy Development Company Ltd is an organization primarily involved in the energy sector. The company engages in the generation and distribution of power, typically focusing on renewable energy sources. It operates within the broader utilities industry. However, there is no specific information provided regarding any recent major developments or strategic initiatives undertaken by the company. Without additional context, details concerning its product lines or service expansions remain unspecified in the provided data.

Revenue

In the second quarter of fiscal year 2026 (Q2FY26), Energy Development Company Ltd reported a total income of ₹20.99 crores. This marks a significant increase from ₹10.55 crores in the first quarter of the same fiscal year (Q1FY26), representing a quarter-over-quarter (QoQ) growth of 99.0%. Year-over-year (YoY) growth is also notable, with total income increasing by 36.1% from ₹15.42 crores in Q2FY25. These figures indicate a substantial rise in revenue both in comparison to the previous quarter and the same quarter in the prior fiscal year.

Profitability

The company reported a profit before tax of ₹11.17 crores in Q2FY26, compared to ₹1.52 crores in Q1FY26. This reflects a quarter-over-quarter increase of 634.9%. Year-over-year, the profit before tax grew by 75.9% from ₹6.35 crores in Q2FY25. The profit after tax for Q2FY26 was ₹10.57 crores, which is a significant rise from ₹1.65 crores in the previous quarter, denoting a 540.6% QoQ increase. Compared to Q2FY25, this figure has increased by 61.4% from ₹6.55 crores. Earnings per share (EPS) for Q2FY26 was ₹2.22, up from ₹0.35 in Q1FY26, showing a 534.3% increase QoQ and a 60.9% increase YoY from ₹1.38 in Q2FY25.

Operating Metrics

Total expenses for Energy Development Company Ltd in Q2FY26 were ₹9.81 crores, which is an increase of 8.6% from ₹9.03 crores in Q1FY26. Year-over-year, the total expenses saw an increase of 8.2% from ₹9.07 crores in Q2FY25. The tax paid in Q2FY26 was ₹0.61 crores, showing a substantial change from a rebate of ₹0.12 crores in Q1FY26 and a rebate of ₹0.20 crores in Q2FY25, indicating a notable shift in tax obligations. These details highlight the company's cost management over the reported periods. The financial ratios, such as the P/E ratio or debt-to-equity ratio, are not provided in the data, and therefore, further analysis on those cannot be performed.