Sharat Industries' Q1 FY 2026-27 Quarterly Results

Result Summary

• Sharat Industries Ltd reported a 1.8% 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 4.2%.
• Its expenses for the quarter were down by 5.6% QoQ and up 3.1% YoY.
• The net profit increased 12460.0% QoQ and increased 16.9% YoY.
• The earnings per share (EPS) of Sharat Industries Ltd stood at 1.6 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

Sharat Industries Ltd is a company operating in the aquaculture industry, primarily involved in the production and export of shrimp and other seafood products. The company has established itself as a significant player in the seafood market, leveraging its expertise in aquaculture farming and processing. Sharat Industries Ltd focuses on maintaining high standards of quality and sustainability in its operations. As of the data available up to October 2023, there are no specific recent major developments noted in the public domain.

Revenue

In the first quarter of the fiscal year 2027 (Q1FY27), Sharat Industries Ltd reported a total income of ₹120.21 crores. This marks a quarter-over-quarter (QoQ) increase of 1.8% from ₹118.09 crores in the fourth quarter of fiscal year 2026 (Q4FY26). Year-over-year (YoY), the total income experienced a rise of 4.2% compared to ₹115.40 crores in the first quarter of fiscal year 2026 (Q1FY26). The steady growth in revenue suggests consistent performance over the quarters and the year, reflecting effective business operations and possibly stable demand for its seafood products.

Profitability

The profitability of Sharat Industries Ltd in Q1FY27 shows a significant improvement. The Profit Before Tax (PBT) was recorded at ₹8.86 crores, representing a substantial increase from ₹0.16 crores in Q4FY26, marking a 5437.5% QoQ growth. On a YoY basis, PBT increased by 19.1% from ₹7.44 crores in Q1FY26. After accounting for tax expenses of ₹2.58 crores, the Profit After Tax (PAT) reached ₹6.28 crores in Q1FY27. This reflects a remarkable QoQ increase of 12460.0% from ₹0.05 crores in Q4FY26 and a 16.9% YoY increase from ₹5.37 crores in Q1FY26. Consequently, the Earnings Per Share (EPS) rose to ₹1.60 in Q1FY27, showing a significant QoQ growth of 7900.0% from ₹0.02 in Q4FY26 and a YoY increase of 15.1% from ₹1.39 in Q1FY26.

Operating Metrics

The operating expenses of Sharat Industries Ltd saw a reduction in Q1FY27, with total expenses amounting to ₹111.35 crores. This is a decrease of 5.6% QoQ from ₹117.94 crores in Q4FY26. However, when compared to the previous year, there is an increase of 3.1% from ₹107.96 crores in Q1FY26. The decline in expenses quarter-over-quarter could suggest effective cost management strategies during the quarter. The company's ability to enhance its profitability while managing expenses effectively is reflected in these metrics. There is no additional data provided to calculate other financial ratios such as P/E ratio, debt-to-equity ratio, or current ratio from the available financial information.