Indo National's Q1 FY 2025-26 Quarterly Results

Result Summary

• Indo National Ltd reported a 29.1% 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 59.8%.
• Its expenses for the quarter were down by 24.3% QoQ and 12.9% YoY.
• The net profit decreased 88.8% QoQ and decreased 99.2% YoY.
• The earnings per share (EPS) of Indo National Ltd stood at 1.4 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

Indo National Ltd is a company engaged in the manufacturing and distribution of batteries and other related products. It operates primarily within the consumer goods industry, providing essential power solutions for various applications. The company's product line includes a range of battery types that cater to diverse consumer needs. However, specific details on recent major developments or strategic initiatives by Indo National Ltd are not available in the provided data.

Revenue

In the first quarter of fiscal year 2026 (Q1FY26), Indo National Ltd reported a total income of ₹121.64 crores. This shows a substantial decrease compared to the previous quarter (Q4FY25), where total income was ₹171.53 crores, marking a quarter-over-quarter (QoQ) decline of 29.1%. Furthermore, when compared to the same quarter in the previous year (Q1FY25), where total income stood at ₹302.80 crores, there is a significant year-over-year (YoY) decline of 59.8%. This reduction in revenue from both the previous quarter and the same quarter last year indicates a notable contraction in the company's income streams over these periods.

Profitability

The company's profitability metrics reveal a sharp decline in its financial performance for Q1FY26. Indo National Ltd's profit before tax in this quarter was ₹1.19 crores, a stark contrast to ₹12.32 crores in Q4FY25, reflecting a QoQ decline of 90.3%. Compared to Q1FY25, when the profit before tax was ₹164.44 crores, there is a YoY decrease of 99.3%. The tax expense for the quarter was ₹0.12 crores, significantly lower than the ₹3.23 crores in Q4FY25 and ₹32.67 crores in Q1FY25, indicating a reduction of 96.3% QoQ and 99.6% YoY. Consequently, the profit after tax for Q1FY26 was ₹1.02 crores, down from ₹9.08 crores in Q4FY25 (an 88.8% decrease) and ₹131.77 crores in Q1FY25 (a 99.2% decrease). The earnings per share also saw a decline, from ₹3.20 in Q4FY25 and ₹178.10 in Q1FY25 to ₹1.40 in Q1FY26, reflecting a 56.3% QoQ and 99.2% YoY decrease.

Operating Metrics

Indo National Ltd's operating expenses for Q1FY26 totaled ₹120.46 crores, down from ₹159.22 crores in Q4FY25, which marks a QoQ decrease of 24.3%. Compared to Q1FY25, where expenses were ₹138.35 crores, there is a YoY reduction of 12.9%. This decline in expenses is consistent with the reduction in the company's revenue, indicating a possible alignment of cost control efforts with declining income. The sharp decreases across various profitability metrics, including earnings per share, profit before tax, and profit after tax, highlight significant contractions in financial performance, without any assumptions on causation. The financial data presents a picture of reduced operating efficiency and profitability for this quarter, based on the provided figures.