Lee & Nee Software (Exports)'s Q1 FY 2026-27 Quarterly Results

Result Summary

• Lee & Nee Software (Exports) Ltd reported a 2.5% 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 36.2%.
• Its expenses for the quarter were down by 3.1% QoQ and up 33.6% YoY.
• The net profit increased 66.7% QoQ and increased 87.5% YoY.
• The earnings per share (EPS) of Lee & Nee Software (Exports) Ltd stood at 0.03 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

Lee & Nee Software (Exports) Ltd is involved in the software industry, focusing on the development and export of software solutions. The company's main products and services likely include software development, IT consulting, and possibly digital transformations, given the nature of the industry. As of the latest data up to October 2023, there are no recent major developments publicly available regarding this company. Lee & Nee operates in a sector characterized by rapid technological advancements and global competition. The company’s performance metrics are indicative of its ongoing activities in the software export market. However, specific details about their market position, new product launches, or strategic initiatives are not provided in the data.

Revenue

In Q1FY27, Lee & Nee Software (Exports) Ltd reported total income of ₹3.91 crores. This represents a decrease of 2.5% from the previous quarter (Q4FY26), where the total income was ₹4.01 crores. However, compared to the same quarter in the previous fiscal year (Q1FY26), there is a notable increase of 36.2% from ₹2.87 crores. This year-over-year growth suggests a significant increase in revenue generation compared to the previous year, despite a slight quarter-over-quarter decline.

Profitability

The profitability of Lee & Nee Software (Exports) Ltd has shown positive trends in Q1FY27. The company recorded a profit before tax of ₹0.21 crores, which is an increase of 10.5% from Q4FY26, where the profit before tax was ₹0.19 crores. Furthermore, on a year-over-year basis, there is a substantial increase of 110.0% from the Q1FY26 figure of ₹0.10 crores. The tax expense for Q1FY27 stands at ₹0.06 crores, down by 40.0% from the previous quarter but up by 200.0% compared to Q1FY26. Consequently, the profit after tax rose to ₹0.15 crores, showing a 66.7% increase from the preceding quarter and an 87.5% increase year-over-year. Earnings per share also improved, standing at ₹0.03, marking a 50.0% increase from Q4FY26 and a 200.0% increase from Q1FY26.

Operating Metrics

The financial data for Lee & Nee Software (Exports) Ltd indicates that total expenses for Q1FY27 amount to ₹3.70 crores, which is a decrease of 3.1% from the previous quarter's expenses of ₹3.82 crores. Compared to Q1FY26, total expenses have increased by 33.6% from ₹2.77 crores. These figures suggest that the company's operating efficiency may have improved quarter-over-quarter, even as expenses increased from the previous year. The consistent rise in total income and profit, alongside controlled expenses, underscores the company's operational performance in the given quarter. However, specific operating ratios such as P/E ratio, debt-to-equity ratio, or current ratio are not provided in the data.