Palred Technologies' Q1 FY 2025-26 Quarterly Results

Result Summary

• Palred Technologies Ltd reported a 38.6% 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 28.5%.
• Its expenses for the quarter were down by 28.5% QoQ and 20.8% YoY.
• The net profit increased 223.8% QoQ and increased 69.2% YoY.
• The earnings per share (EPS) of Palred Technologies Ltd declined at 2.1 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

Palred Technologies Ltd is a company that operates primarily in the technology and e-commerce sectors. The company is known for its involvement in various digital platforms and services, catering to a wide range of consumer needs. However, specific details about the company's main products or services and any recent major developments are not available in the provided data. As part of the technology industry, Palred Technologies Ltd is likely engaged in leveraging digital platforms to enhance its market presence, though the exact nature of its business activities is not clearly defined in the current dataset.

Revenue

During the first quarter of the fiscal year 2026 (Q1FY26), Palred Technologies Ltd reported a total income of ₹14.56 crores. This represents a substantial decrease of 38.6% from the previous quarter (Q4FY25), where total income was ₹23.73 crores. When compared to the same quarter in the previous year (Q1FY25), the total income also declined by 28.5%, from ₹20.35 crores to ₹14.56 crores. This indicates a downward trend in revenue generation over both the quarter-over-quarter (QoQ) and year-over-year (YoY) periods.

Profitability

The financial performance of Palred Technologies Ltd in terms of profitability has shown some notable changes. The company reported a loss before tax of ₹3.16 crores in Q1FY26, which is a significant increase in losses compared to the loss of ₹1.05 crores in Q4FY25. The loss before tax also increased from ₹2.01 crores in Q1FY25, representing a YoY increase of 57.2%. After accounting for a tax expense of ₹0.25 crores, the profit after tax stood at a negative ₹3.40 crores in Q1FY26, compared to a negative ₹1.05 crores in Q4FY25 and a negative ₹2.01 crores in Q1FY25. The earnings per share (EPS) reflected these changes, showing a drop from ₹-0.50 in Q4FY25 to ₹-2.10 in Q1FY26, marking a 320% QoQ change and a 90.9% YoY change from ₹-1.10 in Q1FY25.

Operating Metrics

The total expenses for Palred Technologies Ltd in Q1FY26 amounted to ₹17.72 crores, displaying a reduction of 28.5% from the previous quarter's ₹24.78 crores. Compared to the same quarter last year, the expenses decreased by 20.8% from ₹22.37 crores. These changes in expenses correspond to the overall decline in total income, reflecting adjustments in the company’s spending patterns. The tax expense in Q1FY26 was ₹0.25 crores, whereas there were no recorded tax expenses in the comparative quarters. The overall financial metrics depict a challenging operating environment for Palred Technologies Ltd, with significant variations in income, expenses, and profitability metrics from both QoQ and YoY perspectives.