Summit Securities' Q1 FY 2025-26 Quarterly Results

Result Summary

• Summit Securities Ltd reported a 40.1% 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 32.2%.
• Its expenses for the quarter were down by 17.2% QoQ and up 14.3% YoY.
• The net profit increased 40.2% QoQ and increased 586.7% YoY.
• The earnings per share (EPS) of Summit Securities Ltd stood at 18.5 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

Summit Securities Ltd is a company whose primary operations and industry specifics are not detailed in the provided data. However, based on the name, it is likely involved in the financial services sector, potentially focusing on investment management or securities trading. Without additional context, no recent major developments or strategic changes can be reported. For a comprehensive understanding, identifying the company's key products, strategic goals, and market position would typically be essential, but such details are not available within the provided data.

Revenue

In the first quarter of FY26, Summit Securities Ltd reported a total income of ₹27.55 crores. This represents a significant quarter-over-quarter increase of 40.1% from ₹19.67 crores in Q4FY25. Compared to the same quarter in the previous fiscal year (Q1FY25), where the total income was ₹20.84 crores, there is a notable year-over-year increase of 32.2%. The data indicates a strong upward trajectory in total income over the past quarters, reflecting a robust financial performance for the company during this period.

Profitability

The company's profitability metrics for Q1FY26 show substantial improvement. Profit Before Tax (PBT) rose to ₹26.59 crores, exhibiting a 43.7% increase from ₹18.51 crores in the previous quarter. Year-over-year, PBT saw an impressive rise of 331.0% from ₹6.17 crores in Q1FY25. The Profit After Tax (PAT) for Q1FY26 was ₹20.19 crores, up 40.2% quarter-over-quarter from ₹14.40 crores in Q4FY25 and a remarkable 586.7% increase year-over-year from ₹2.94 crores in Q1FY25. Earnings Per Share (EPS) also increased by 40.2% from the previous quarter and 585.2% year-over-year, reaching ₹18.50. These figures suggest a period of substantial profitability growth for the company.

Operating Metrics

Total expenses for Q1FY26 were recorded at ₹0.96 crores, showing a decrease of 17.2% from ₹1.16 crores in the previous quarter. However, when compared to Q1FY25, there is a 14.3% increase from ₹0.84 crores. The tax expenses increased by 55.7% quarter-over-quarter and 98.1% year-over-year, reaching ₹6.40 crores in Q1FY26. These operating metrics reflect a mix of increased efficiency and higher tax obligations over the reviewed periods.