MIC Electronics Ltd's Q1FY26 Quarterly Results

Result Summary

• MIC Electronics Ltd reported a - quarter-on-quarter (QoQ) - in its consolidated revenues for the quarter-ended Jun (Q1FY26). On a year-on-year (YoY) basis, it witnessed a growth of 7.5%.
• Its expenses for the quarter were - by - QoQ and up 12.4% YoY.
• The net profit - - QoQ and decreased 15.2% YoY.
• The earnings per share (EPS) of MIC Electronics Ltd stood at 0.1 during Q1FY26.

Financial Statments for Q1FY26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

MIC Electronics Ltd. is a company known for its expertise in the design, development, and manufacturing of electronic components and systems. Primarily, the company operates within the electronics industry, providing solutions that cater to a diverse range of applications. Although specific details about recent developments were not provided, MIC Electronics has historically been involved in the production of LED displays and lighting products. The company is characterized by its innovation in electronics and a focus on enhancing product efficiency and performance. Without additional specific information, further details about recent strategic moves or expansions remain unavailable.

Revenue

In the first quarter of FY26, MIC Electronics Ltd. reported a total income of ₹11.75 crores. This represents a year-over-year increase of 7.5% compared to the first quarter of FY25, where the total income was ₹10.93 crores. Quarter-over-quarter comparisons are unavailable due to the absence of data for Q4FY25, but the year-over-year growth suggests an upward trend in income. This revenue change reflects the company's ability to generate higher sales or services revenue compared to the same period last year.

Profitability

The company's financial performance for Q1FY26 shows a Profit Before Tax (PBT) of ₹1.67 crores, which is a decrease of 15.2% compared to the ₹1.97 crores recorded in Q1FY25. The Profit After Tax (PAT) follows the same pattern, aligning with the PBT figures due to zero tax expense reported in both periods. Earnings Per Share (EPS) for the most recent quarter stands at ₹0.10, with no comparative data available for Q1FY25 or Q4FY25. The decrease in profitability year-over-year highlights a change in cost structures or revenue generation efficiency impacting net earnings despite the increase in total income.

Operating Metrics

The total expenses for MIC Electronics Ltd. in Q1FY26 were ₹10.08 crores, reflecting a year-over-year increase of 12.4% from Q1FY25's expenses of ₹8.97 crores. This rise in expenses, compared to the income growth, contributes to the reduced profitability. Key financial ratios, such as P/E ratio or debt-to-equity ratio, were not calculable from the available data. The absence of tax expense impacts the net profit directly correlating it with the operating performance. Observing these metrics, the company's operational costs have increased at a higher rate than its revenue, influencing overall financial outcomes for the quarter.