Igarashi Motors Q1 FY26 Net Profit Declines 69.26% YoY to ₹250.97 Lakh

About this update from Igarashi Motors India Limited

Igarashi Motors India Limited reported a decline in consolidated net profit to ₹250.97 lakh for the first quarter of FY26, compared to a net profit of ₹816.03 lakh in Q1 FY25. Revenue from operations stood at ₹20,471.25 lakh.Q1 FY26 Financial Results (in ₹ Lakh)MetricQ1 FY26Q1 FY25YoY ChangeQ4 FY25QoQ ChangeNet Profit250.97816.03-69.26%306.14-17.99%Revenue from Operations20,471.2522,207.06-7.82%18,947.34+7.0% Financial PerformanceThe company's revenue from operations for Q1 FY26 was ₹20,471.25 lakh, a decrease of 7.82% compared to ₹22,207.06 lakh in Q1 FY25. Total income for the quarter stood at ₹20,551.37 lakh, compared to ₹22,344.36 lakh in the same quarter of the previous year.Total expenses for Q1 FY26 were ₹20,215.14 lakh, compared to ₹21,252.12 lakh in Q1 FY25. Segmental PerformanceThe company has two business segments: Automotive and Non-Automotive.Automotive: Revenue for Q1 FY26 was ₹17,732.30 lakh, compared to ₹17,544.28 lakh in Q1 FY25.Non-Automotive: Revenue for Q1 FY26 was ₹2,738.95 lakh, compared to ₹4,662.78 lakh in Q1 FY25. Other Comprehensive Income (OCI)Other comprehensive income (loss) for the period, net of income tax, was ₹53.76 lakh, compared to ₹14.73 lakh in Q1 FY25. Earnings Per Share (EPS)The basic and diluted earnings per share for Q1 FY26 was ₹0.80, compared to ₹2.59 in Q1 FY25.The unaudited financial results for the quarter ended 30 June 2025 has been reviewed by the Audit Committee at its meeting held on 07 Aug 2025 and approved at the meeting of the Board of Directors held on that date.The figures for the quarter ended 31 March 2025 are the balancing figures between audited figures in respect of the full financial year and the published year to date figures upto the end of the third quarter of the relevant financial year, which was subjected to limited review and were not subjected to audit.These financial results have been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard ('Ind AS') 34 Interim Financial Reporting prescribed under Section 133 of the Companies Act, 2013 and other accounting principles generally accepted in India and in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.In accordance with Ind AS 108 - Operating Segments, the Company has organized the business into two categories vi...

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