California Software Company's Q1 FY 2026-27 Quarterly Results

Result Summary

• California Software Company Ltd reported a 52.7% 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 growth of 327.7%.
• Its expenses for the quarter were down by 32.3% QoQ and 13.3% YoY.
• The net profit decreased 54.5% QoQ and increased 2105.3% YoY.
• The earnings per share (EPS) of California Software Company Ltd stood at 0.68 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

California Software Company Ltd is a software and technology firm. The company primarily focuses on the development and delivery of innovative software solutions and services. The industry in which the company operates is characterized by rapid technological advancements and a highly competitive landscape. As of October 2023, no specific recent major developments are available for California Software Company Ltd from the provided data. The company is likely involved in a range of services and products typical to the software industry, which may include software development, IT consulting, and related technological services.

Revenue

In Q1FY27, California Software Company Ltd reported a total income of ₹6.63 crores. This marks a significant decrease of 52.7% from the previous quarter (Q4FY26), where the total income was ₹14.03 crores. However, when compared to the same quarter last year (Q1FY26), the company experienced a substantial increase in total income, with a year-over-year growth of 327.7%, up from ₹1.55 crores. This variance indicates a significant change in the company's revenue generation over the past year, although the quarterly comparison suggests a reduction in the short term.

Profitability

The company's profit before tax in Q1FY27 was ₹5.52 crores, reflecting a decline of 55.4% from Q4FY26, where it was ₹12.39 crores. Compared to Q1FY26, there was a considerable year-over-year increase of 2023.1% from ₹0.26 crores. After accounting for taxes, the profit after tax for Q1FY27 stood at ₹4.19 crores, down by 54.5% from the previous quarter's ₹9.20 crores, but significantly higher than the ₹0.19 crores reported in Q1FY26, showing a year-over-year growth of 2105.3%. The earnings per share (EPS) followed a similar pattern, declining by 54.4% from ₹1.49 in Q4FY26 to ₹0.68 in Q1FY27, yet increasing by 2166.7% from ₹0.03 in Q1FY26.

Operating Metrics

Total expenses in Q1FY27 amounted to ₹1.11 crores, which is a decrease of 32.3% from the ₹1.64 crores in Q4FY26. This also represents a 13.3% decrease from the ₹1.28 crores in Q1FY26. The reduction in expenses both quarterly and annually could be indicative of cost management or changes in operational strategy. The tax expense for Q1FY27 was ₹1.33 crores, a decrease of 58.4% from Q4FY26, which was ₹3.20 crores, yet up by 1800.0% from Q1FY26, where it was just ₹0.07 crores. These changes in operating metrics suggest significant fluctuations in the financial management and operational efficiencies of the company over the reported periods.