ICDS' Q1 FY 2026-27 Quarterly Results

Result Summary

• ICDS Ltd reported a 198.3% 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 decline of 15.2%.
• Its expenses for the quarter were down by 32.7% QoQ and up 38.5% YoY.
• The net profit decreased 321.4% QoQ and decreased 32.6% YoY.
• The earnings per share (EPS) of ICDS Ltd stood at 0.72 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

ICDS Ltd is a company primarily involved in the finance sector, offering services related to vehicle financing and other financial products. The company operates within the financial industry, providing loans and financing solutions for vehicles, which is a significant part of its business model. As a player in the financial services industry, ICDS Ltd is influenced by various economic factors, including interest rates, economic growth, and consumer demand for financing options. There is no additional information available on any recent major developments concerning ICDS Ltd.

Revenue

In the first quarter of the fiscal year 2027 (Q1FY27), ICDS Ltd reported total income of ₹1.73 crores. This marks a significant quarter-over-quarter (QoQ) increase of 198.3% from ₹0.58 crores in the fourth quarter of fiscal year 2026 (Q4FY26). However, when compared year-over-year (YoY), there is a decrease of 15.2% from ₹2.04 crores in the first quarter of fiscal year 2026 (Q1FY26). This data indicates that while there has been a substantial increase in revenue from the previous quarter, there is a decline when comparing the same quarter from the previous year. The fluctuation in revenue over these periods could be attributed to various market conditions and industry-specific factors.

Profitability

For Q1FY27, ICDS Ltd recorded a profit before tax (PBT) of ₹1.01 crores, contrasting with a loss of ₹0.50 crores in Q4FY26, representing a QoQ improvement of 302.0%. However, comparing YoY, PBT declined by 34.0% from ₹1.53 crores in Q1FY26. The profit after tax (PAT) in Q1FY27 was ₹0.93 crores, a turnaround from a loss of ₹0.42 crores in Q4FY26, marking a QoQ improvement of 321.4%. YoY, PAT decreased by 32.6% from ₹1.38 crores in Q1FY26. Earnings per share (EPS) in Q1FY27 were ₹0.72, up from a negative ₹0.32 in Q4FY26, marking a QoQ increase of 325.0%, but down 32.1% YoY from ₹1.06 in Q1FY26. These figures demonstrate a recovery from the previous quarter's losses, though there is still a decrease compared to the previous year's corresponding quarter.

Operating Metrics

ICDS Ltd's total expenses for Q1FY27 were ₹0.72 crores, a decrease of 32.7% from ₹1.07 crores in Q4FY26, but an increase of 38.5% YoY from ₹0.52 crores in Q1FY26. The reduction in expenses QoQ may have contributed to the improved profitability in Q1FY27. However, the increase in expenses YoY suggests changes in operational costs or business activities compared to the previous year. The tax expense for Q1FY27 was ₹0.08 crores, compared to a tax benefit of ₹0.08 crores in Q4FY26, reflecting a change of 200.0% QoQ, and a decrease of 46.7% from ₹0.15 crores in Q1FY26. These figures highlight the financial dynamics ICDS Ltd faced during the quarter, particularly regarding its cost structures and tax liabilities.