Race Eco Chain's Q1 FY 2025-26 Quarterly Results

Result Summary

• Race Eco Chain Ltd reported a 83.0% 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 growth of 81.3%.
• Its expenses for the quarter were up by 82.4% QoQ and 80.5% YoY.
• The net profit increased 281.8% QoQ and increased 281.8% YoY.
• The earnings per share (EPS) of Race Eco Chain Ltd stood at 1.1 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

Race Eco Chain Ltd is a company whose core operations and recent developments are not specified in the provided data. Therefore, specific details about its main products or services, the industry in which it operates, or any significant recent developments are not available. Without additional information, a precise overview of the company’s market position or strategic initiatives cannot be articulated.

Revenue

In the first quarter of fiscal year 2026 (Q1FY26), Race Eco Chain Ltd reported a total income of ₹157.02 crores. This represents a significant increase of 83.0% compared to the previous quarter (Q4FY25), where the total income was ₹85.78 crores. Year-over-year (YoY), the total income grew by 81.3% from ₹86.59 crores in Q1FY25. This substantial rise in revenue over both the quarter and the year demonstrates a notable change in the company's revenue generation.

Profitability

Race Eco Chain Ltd's profitability metrics show a remarkable increase. The profit before tax for Q1FY26 was ₹1.29 crores, a rise of 230.8% compared to ₹0.39 crores in Q4FY25, and an increase of 316.1% from ₹0.31 crores in Q1FY25. The tax expense for Q1FY26 was ₹0.94 crores, up 235.7% from the previous quarter and 347.6% from the same quarter last year. The profit after tax was ₹0.42 crores, a significant improvement of 281.8% both quarter-over-quarter and year-over-year from ₹0.11 crores. Earnings per share (EPS) for Q1FY26 also increased by 1000.0% from ₹0.10 in both Q4FY25 and Q1FY25 to ₹1.10.

Operating Metrics

The total expenses for Race Eco Chain Ltd in Q1FY26 were ₹155.72 crores, up 82.4% from ₹85.38 crores in the previous quarter, and up 80.5% from ₹86.28 crores in Q1FY25. This increase in expenses aligns with the growth in total income, maintaining a consistent relationship between revenue and costs. This balance contributes to the overall profitability metrics discussed earlier. The trends indicate a substantial increase in both revenue and expenses, which have translated into improved earnings and profitability for the company within this period.