Virinchi's Q1 FY 2025-26 Quarterly Results

Result Summary

• Virinchi Ltd reported a 1.8% 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 4.5%.
• Its expenses for the quarter were up by 9.7% QoQ and 1.0% YoY.
• The net profit decreased 81.9% QoQ and decreased 64.8% YoY.
• The earnings per share (EPS) of Virinchi Ltd stood at 0.04 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

Virinchi Ltd is a company that operates in the technology sector, focusing primarily on providing IT solutions and services. The company is known for its work in software development and has been expanding its offerings to include a range of digital transformation services. Virinchi Ltd caters to various industries, offering customized solutions to enhance business processes and efficiency. As of the latest updates, there are no major recent developments or significant changes in the company's strategic direction publicly available. The company has been working towards enhancing its market presence and improving its service offerings to better meet the demands of its clients in a rapidly evolving technological landscape.

Revenue

In the first quarter of the fiscal year 2026 (Q1FY26), Virinchi Ltd reported a total income of ₹79.77 crores. This represents a quarter-over-quarter (QoQ) increase of 1.8% compared to the previous quarter (Q4FY25), where the total income was ₹78.35 crores. The year-over-year (YoY) comparison shows a 4.5% increase from the same quarter in the previous fiscal year (Q1FY25), where the total income was ₹76.30 crores. This growth in total income suggests a steady increase in revenue generation over both comparative periods. The data indicates that the company has maintained a positive growth trajectory in terms of revenue, with incremental increases over time.

Profitability

The profitability metrics for Virinchi Ltd in Q1FY26 highlight some significant changes compared to previous periods. Profit Before Tax (PBT) for the quarter was ₹2.87 crores, which is a substantial decrease of 65.1% QoQ from ₹8.22 crores in Q4FY25. Despite this decline on a quarterly basis, the PBT showed a remarkable YoY increase of 1588.2% from ₹0.17 crores in Q1FY25. The Tax expense for Q1FY26 was ₹2.50 crores, which decreased by 59.5% from the previous quarter, where the tax was ₹6.18 crores. Year-over-year, the tax expense increased significantly from a negative figure of ₹-0.88 crores. The Profit After Tax (PAT) for Q1FY26 was ₹0.37 crores, marking an 81.9% decrease QoQ and a 64.8% decrease YoY. The Earnings Per Share (EPS) decreased to ₹0.04 in Q1FY26, down 80.0% QoQ and 63.6% YoY.

Operating Metrics

Virinchi Ltd's operational efficiency and cost management are reflected in its total expenses and profitability ratios. Total expenses for Q1FY26 stood at ₹76.90 crores, which is a 9.7% increase from Q4FY25 when the expenses were ₹70.12 crores. On a YoY basis, the total expenses increased slightly by 1.0% from ₹76.13 crores in Q1FY25. These figures indicate a rising trend in operational costs over the quarters. Despite the increase in expenses, the company managed to maintain a positive PBT margin. However, the significant decrease in PAT and EPS suggests that operating costs and tax liabilities have had a notable impact on the company's net income and shareholder returns for the quarter. The financial ratios and other key performance indicators derived from these metrics provide insights into the company's cost structure and operational challenges.