Spacenet Enterprises India's Q1 FY 2025-26 Quarterly Results

Result Summary

• Spacenet Enterprises India Ltd reported a 11.6% 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 55.1%.
• Its expenses for the quarter were up by 7.5% QoQ and 57.6% YoY.
• The net profit increased 127.2% QoQ and increased 49.4% YoY.
• The earnings per share (EPS) of Spacenet Enterprises India Ltd stood at 0.1 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

Spacenet Enterprises India Ltd operates within the technology sector, primarily focusing on providing mobile and telecommunications services. The company is engaged in delivering a variety of products and services aimed at enhancing connectivity and communication. Spacenet's offerings include mobile telephony, broadband services, and related technological solutions. As of the latest updates, there are no specific major developments or changes in the company's strategic focus that have been reported. The company's performance data for the first quarter of the fiscal year 2026 suggests a period of financial activity worth examining in detail.

Revenue

In the first quarter of FY26, Spacenet Enterprises India Ltd reported a total income of ₹53.48 crores. This reflects a significant increase of 11.6% compared to the previous quarter (Q4FY25), which recorded a total income of ₹47.94 crores. Moreover, when compared to the same quarter in the previous fiscal year (Q1FY25), which had a total income of ₹34.49 crores, there is a notable year-over-year growth of 55.1%. This substantial increase in revenue over the year indicates a period of robust revenue generation for the company.

Profitability

The profitability metrics for Spacenet Enterprises India Ltd show a marked improvement in the first quarter of FY26. The company reported a Profit Before Tax (PBT) of ₹3.91 crores, up from ₹1.82 crores in Q4FY25, marking a quarter-over-quarter increase of 114.8%. Additionally, there has been a year-over-year increase of 28.6% from ₹3.04 crores in Q1FY25. The Profit After Tax (PAT) for Q1FY26 stands at ₹3.84 crores, rising significantly from ₹1.69 crores in the previous quarter, representing a 127.2% increase. Compared to the same quarter last year, where PAT was ₹2.57 crores, there is a year-over-year increase of 49.4%. The earnings per share have remained constant at ₹0.10, with no change from Q1FY25.

Operating Metrics

The total expenses for Spacenet Enterprises India Ltd in Q1FY26 were ₹49.57 crores, reflecting a 7.5% increase from ₹46.12 crores in Q4FY25. Year-over-year, there is a 57.6% increase from ₹31.46 crores in Q1FY25. There was a notable decline in the tax expense for the quarter, which decreased by 46.2% from the previous quarter, and an 85.1% decrease from the same quarter in the prior year. This reduction in tax expense contributed to the increase in net profitability. The earnings per share held steady at ₹0.10 compared to Q1FY25, despite fluctuations in other financial metrics.