BITS' Q1 FY 2026-27 Quarterly Results

Result Summary

• BITS Ltd reported a 0.0% 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 41.9%.
• Its expenses for the quarter were up by 27.3% QoQ and 21.7% YoY.
• The net profit decreased 25.0% QoQ and increased 100.0% YoY.
• The earnings per share (EPS) of BITS Ltd stood at 0.02 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

BITS Ltd is a company operating within a specific industry, providing specialized products or services. Although specific information about the company's main products or services and its industry is not provided within the given data, BITS Ltd demonstrates financial activity typical of a business entity. Furthermore, details on any recent major developments BITS Ltd may have experienced are not available from the information provided. The company's financial performance for the reported quarter is analyzed in the subsequent sections of this report.

Revenue

For the first quarter of FY27, BITS Ltd reported a total income of ₹0.44 crores, consistent with the fourth quarter of FY26, indicating no change in revenue over the quarter. However, compared to the first quarter of FY26, this represents a year-over-year increase of 41.9%, highlighting notable growth in revenue over the year. This suggests that BITS Ltd has experienced a significant increase in its total income compared to the same period in the previous fiscal year.

Profitability

In terms of profitability, BITS Ltd's profit before tax for Q1FY27 was ₹0.16 crores, which shows a decline of 30.4% from the previous quarter's ₹0.23 crores. However, on a year-over-year basis, the profit before tax increased significantly by 128.6% from ₹0.07 crores in Q1FY26. The profit after tax for Q1FY27 was ₹0.18 crores, down by 25.0% compared to Q4FY26's ₹0.24 crores, but up by 100.0% from ₹0.09 crores in Q1FY26. The earnings per share remained stable at ₹0.02, showing no change from Q4FY26, yet it doubled from ₹0.01 in Q1FY26.

Operating Metrics

BITS Ltd's total expenses for Q1FY27 were reported at ₹0.28 crores, marking an increase of 27.3% from the ₹0.22 crores recorded in Q4FY26 and a 21.7% increase from the ₹0.23 crores in Q1FY26. This reflects a rise in operating expenses over both the year and the quarter. There is an absence of tax payments across the quarters, as indicated by the consistent zero value reported for taxes. The analysis of BITS Ltd's operating metrics indicates a pattern of increasing expenses, which aligns with the noted increases in total income, reflecting an overall expansion in the company's financial activities for the period in question.