Virinchi's Q2 FY 2025-26 Quarterly Results

Result Summary

• Virinchi Ltd reported a 22.5% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 16.8%.
• Its expenses for the quarter were down by 4.6% QoQ and up 1.0% YoY.
• The net profit decreased 3775.7% QoQ and decreased 8100.0% YoY.
• The earnings per share (EPS) of Virinchi Ltd declined at 1.32 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

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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 whose primary business activities and industry classification are not detailed in the provided data. As such, specific information regarding its main products or services, industry positioning, or recent major developments is not available. Typically, companies like Virinchi Ltd operate within the realms of technology, finance, or manufacturing, but precise details would require additional information beyond what is provided in the given data.

Revenue

In the second quarter of the fiscal year 2026 (Q2FY26), Virinchi Ltd reported a total income of ₹61.83 crores. This represented a quarter-over-quarter (QoQ) decline of 22.5% from the previous quarter (Q1FY26), where the income stood at ₹79.77 crores. When compared to the same quarter in the previous fiscal year (Q2FY25), which was ₹74.28 crores, the income showed a year-over-year (YoY) decrease of 16.8%. These figures indicate that the company experienced a notable reduction in revenue both compared to the previous quarter and the same quarter last year.

Profitability

The profitability of Virinchi Ltd in Q2FY26 presents a challenging scenario, with a reported loss before tax of ₹11.58 crores. This marks a significant decline from a profit of ₹2.87 crores in Q1FY26 and ₹1.61 crores in Q2FY25. The QoQ change reflects a decrease of 503.5%, while the YoY change is a decline of 819.3%. After accounting for taxes, which amounted to ₹2.09 crores in Q2FY26, the company recorded a net loss of ₹13.60 crores. This represents a substantial drop from both the modest profits of ₹0.37 crores in Q1FY26 and ₹0.17 crores in Q2FY25, with the QoQ and YoY declines being 3775.7% and 8100.0%, respectively. The earnings per share also followed this trend, declining from ₹0.04 in Q1FY26 to -₹1.32 in Q2FY26, and from ₹0.02 in Q2FY25, with respective QoQ and YoY declines of 3400.0% and 6700.0%.

Operating Metrics

The total expenses for Virinchi Ltd in Q2FY26 amounted to ₹73.40 crores, a slight decrease of 4.6% from ₹76.90 crores in Q1FY26. Compared to Q2FY25, where expenses were ₹72.69 crores, there was an increase of 1.0%. These figures suggest some level of cost management, though expenses remain high relative to total income, contributing to the negative profitability for the quarter. The tax expense, at ₹2.09 crores in Q2FY26, decreased by 16.4% from ₹2.50 crores in Q1FY26 but increased by 45.1% from ₹1.44 crores in Q2FY25. The financial data does not provide information on other operating metrics such as asset management or liquidity ratios.