Artemis Electricals & Projects' Q1 FY 2026-27 Quarterly Results

Result Summary

• Artemis Electricals & Projects Ltd reported a 60.3% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a decline of 17.6%.
• Its expenses for the quarter were down by 61.0% QoQ and 19.7% YoY.
• The net profit decreased 58.5% QoQ and decreased 3.1% YoY.
• The earnings per share (EPS) of Artemis Electricals & Projects Ltd stood at 0.05 during Q1 FY 2026-27.

Financial Statments for Q1 FY 2026-27

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Artemis Electricals & Projects Ltd is a company operating in the electrical industry sector, primarily involved in providing electrical solutions and services. The company specializes in manufacturing, designing, and implementing various electrical projects. As of the latest information up to October 2023, there doesn't appear to be any specific recent major developments publicly available for Artemis Electricals & Projects Ltd. The company focuses on delivering high-quality electrical products and services, and it operates in a competitive market where innovation and efficiency are key drivers of success.

Revenue

In Q1FY27, Artemis Electricals & Projects Ltd reported a total income of ₹16.27 crores. This represents a significant decrease of 60.3% quarter-over-quarter (QoQ) from ₹41.02 crores in Q4FY26. Year-over-year (YoY), the total income declined by 17.6% from ₹19.75 crores in Q1FY26. These changes highlight a notable contraction in revenue over both the quarterly and annual periods. This reduction in income could be attributed to various factors such as market conditions, changes in demand, or other operational factors, although specific reasons are not provided in the data.

Profitability

For the first quarter of the fiscal year 2027, Artemis Electricals & Projects Ltd recorded a profit before tax of ₹1.89 crores. This figure marks a decrease of 54.5% QoQ from ₹4.15 crores in the previous quarter, Q4FY26. However, YoY, there was a slight increase of 2.2% from ₹1.85 crores in Q1FY26. The profit after tax for Q1FY27 stood at ₹1.27 crores, down by 58.5% QoQ from ₹3.06 crores but only slightly lower than ₹1.31 crores YoY, reflecting a 3.1% decrease. The earnings per share for the quarter were ₹0.05, mirroring the YoY figure, while showing a 58.3% decline from the previous quarter's ₹0.12.

Operating Metrics

The total expenses for Artemis Electricals & Projects Ltd in Q1FY27 amounted to ₹14.39 crores, which is a 61.0% reduction from ₹36.87 crores in Q4FY26, and a 19.7% decrease from ₹17.91 crores in Q1FY26. The tax expense for the quarter was ₹0.62 crores, reflecting a 43.1% decrease QoQ from ₹1.09 crores and a 17.0% increase YoY from ₹0.53 crores. These figures indicate a reduction in both operational and tax expenses on a quarterly basis, with a notable increase in tax expenses compared to the same quarter of the previous year. Earnings per share remained consistent YoY at ₹0.05, despite the QoQ decline, reflecting the changes in profitability and expense management.