Wardwizard Innovations & Mobility's Q1 FY 2026-27 Quarterly Results

Result Summary

• Wardwizard Innovations & Mobility Ltd reported a 48.2% 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 67.4%.
• Its expenses for the quarter were down by 47.7% QoQ and up 74.2% YoY.
• The net profit decreased 71.7% QoQ and decreased 84.8% YoY.
• The earnings per share (EPS) of Wardwizard Innovations & Mobility Ltd stood at 0.01 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
Wardwizard Innovations & Mobility Ltd is a company that operates in the innovative electric vehicle sector, focusing on the production and distribution of electric two-wheelers. The company is headquartered in India and has been a significant player in the electric mobility space, striving to reduce carbon footprints through its range of eco-friendly vehicles. As of recent developments, the company has been working towards expanding its market presence and enhancing its product offerings to cater to the growing demand for electric vehicles in India. However, specific recent major developments were not provided in the data.

## Revenue
In the first quarter of FY27, Wardwizard Innovations & Mobility Ltd reported a total income of ₹61.76 crores. This represents a 48.2% decrease in revenue compared to ₹119.26 crores in the fourth quarter of FY26. On a year-over-year basis, the revenue saw a significant increase of 67.4% from ₹36.89 crores in the first quarter of FY26. These figures highlight the fluctuating revenue dynamics over the past quarters and year, reflecting the company's performance in the evolving electric mobility market.

## Profitability
The profitability of Wardwizard Innovations & Mobility Ltd in Q1FY27 showed a notable decline. The profit before tax was recorded at ₹0.07 crores, marking a 94.2% decrease from ₹1.21 crores in Q4FY26 and a 95.2% decrease from ₹1.47 crores in Q1FY26. Meanwhile, the profit after tax for Q1FY27 stood at ₹0.17 crores, which is a 71.7% decrease from ₹0.60 crores in the previous quarter and an 84.8% decrease from ₹1.12 crores in the same quarter of the previous year. The earnings per share also experienced a decline, recorded at ₹0.01 in Q1FY27, down from ₹0.02 in Q4FY26 and ₹0.04 in Q1FY26, indicating reduced profitability per share over these periods.

## Operating Metrics
The operating metrics reveal that the total expenses for Q1FY27 were ₹61.69 crores, which is a 47.7% decrease from ₹118.05 crores in Q4FY26. Compared to Q1FY26, there was a 74.2% increase from ₹35.42 crores. The tax for the first quarter of FY27 was noted as a negative value, -₹0.10 crores, indicating a reversal or adjustment from ₹0.61 crores in the previous quarter, and a substantial change from ₹0.36 crores in the first quarter of the last fiscal year. These figures provide an insight into the operational cost management and tax adjustments over the given periods.