Athena Global Technologies' Q1 FY 2026-27 Quarterly Results

Result Summary

• Athena Global Technologies Ltd reported a 16.3% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a growth of 57.2%.
• Its expenses for the quarter were down by 11.5% QoQ and up 7.2% YoY.
• The net profit decreased 91.3% QoQ and decreased 27.4% YoY.
• The earnings per share (EPS) of Athena Global Technologies Ltd declined at 2.03 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

Athena Global Technologies Ltd is a company that operates in the technology sector. It is known for providing a range of IT services, including software development, consulting, and technology solutions. The company aims to deliver innovative and efficient solutions to its clients across various industries. As of the latest financial data available, there are no specific recent developments or changes in the company's strategic direction or key areas of focus. Due to the limited information available, further specifics about the company's main products, services, or any major developments in recent times are currently unknown.

Revenue

In the first quarter of the fiscal year 2027 (Q1FY27), Athena Global Technologies Ltd reported a total income of ₹4.78 crores. This marks a significant increase compared to both the previous quarter (Q4FY26), where the total income was ₹4.11 crores, and the same quarter of the previous year (Q1FY26), where it was ₹3.04 crores. The quarter-over-quarter (QoQ) growth in total income is 16.3%, while the year-over-year (YoY) growth stands at 57.2%. These figures indicate a substantial upward trend in revenue generation over both the short and long term.

Profitability

For Q1FY27, Athena Global Technologies Ltd reported a loss before tax of ₹3.13 crores. This is a marked improvement from the previous quarter's loss of ₹37.20 crores and a lesser loss compared to the same quarter last year, which was ₹4.35 crores. The QoQ change in profit before tax is -91.6%, and the YoY change is -28.0%. The company's tax expense for Q1FY27 was recorded at ₹0.02 crores, contrasting with a tax credit of ₹1.09 crores in Q4FY26 and a small tax expense of ₹0.01 crores in Q1FY26. Consequently, the profit after tax for Q1FY27 is a loss of ₹3.15 crores, showing a significant reduction from the loss of ₹36.10 crores in Q4FY26 and an improvement over the loss of ₹4.34 crores in Q1FY26. The QoQ change in profit after tax is -91.3%, and the YoY change is -27.4%.

Operating Metrics

Athena Global Technologies Ltd's earnings per share (EPS) for Q1FY27 was reported at a negative ₹2.03, reflecting an improvement from the previous quarter's negative ₹24.54 and the previous year's negative ₹2.95 for the same quarter. The changes in EPS show a QoQ improvement of -91.7% and a YoY improvement of -31.2%. Total expenses for the quarter were ₹7.92 crores, which is a decrease of 11.5% from the previous quarter's expenses of ₹8.95 crores and an increase of 7.2% from the expenses of ₹7.39 crores in the same quarter of the previous year. These figures highlight a notable reduction in operating expenses on a quarterly basis, while expenses have slightly increased compared to the previous year.