Alchemist Corporation Limited reported a turnaround in its standalone results for the first quarter of FY27, posting a net profit of ₹0.75 lakh compared to a net loss of ₹7.03 lakh in the corresponding period of FY26. The company’s revenue from operations stood at ₹419.60 lakh, a significant increase from nil in Q1FY26.

However, the consolidated results presented a different picture. The group reported a net loss of ₹1.03 lakh for the quarter ended June 30, 2026, widening from a loss of ₹7.20 lakh in Q1FY25. This divergence is primarily attributable to the impact of non-controlling interests and higher other expenses in the consolidated structure.

Financial Performance

The Board of Directors approved the unaudited financial results on August 12, 2026. The key financial metrics for the quarter are detailed below:

Revenue from operations remained consistent between standalone and consolidated figures at ₹419.60 lakh. Other income contributed marginally at ₹0.42 lakh.

What the Numbers Show

A critical observation is the divergence between standalone profitability and consolidated losses. While the standalone entity generated a pre-tax profit of ₹0.90 lakh, the consolidated group incurred a pre-tax loss of ₹0.88 lakh. This discrepancy stems from higher "other expenses" in the consolidated statement (₹54.63 lakh) compared to the standalone figure (₹52.85 lakh), alongside the attribution of losses to non-controlling interests. The subsidiary, Kautilya Infotech Limited, contributed to this dynamic with a reported net loss of ₹1.78 lakh for the quarter.

Employee benefits expense constituted the largest cost component at ₹341.90 lakh, reflecting the labor-intensive nature of the operations. Finance costs rose slightly to ₹13.10 lakh from nil in the prior year quarter, indicating increased borrowing activity or interest accruals.

Auditor Review

Krishan Rakesh & Co., the independent auditors, issued a limited review report on the unaudited standalone and consolidated financial results. The auditors stated that nothing came to their attention to cause them to believe that the statements do not disclose the information required under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The report noted that Ind AS 116 (Leases) was applied to the company effective April 1, 2019, with no accounting adjustments made in the standalone financial statements for this period.

Alchemist Corporation Limited reported a net profit of ₹86.00 lakh for the quarter ended March 31, 2026, reversing the loss of ₹14.78 lakh recorded in the corresponding period of the previous year. For the financial year ended March 31, 2026, the company reduced its net loss to ₹7.37 lakh from ₹28.81 lakh in FY25, driven by a significant increase in revenue from operations which rose to ₹516.67 lakh from nil in the prior year. The statutory auditors, M/s Krishan Rakesh & Co, issued an unmodified opinion on the audited financial results.

The Board of Directors approved the audited standalone and consolidated financial results for the fourth quarter and financial year ended March 31, 2026 at its meeting held on May 27, 2026. The results were reviewed by the Audit Committee prior to approval. The consolidated financial statements include the results of subsidiary Kautilya Infotech Limited, in which the company holds a 53.86% ownership interest.

Revenue from operations for the quarter ended March 31, 2026, stood at ₹337.12 lakh, up from nil in the previous year. Total income for the quarter was ₹337.53 lakh. Total expenses for the quarter increased to ₹263.06 lakh from ₹115.41 lakh in the same quarter last year, primarily due to higher employee benefits expense which rose to ₹226.53 lakh from ₹2.00 lakh.

Standalone Financial Performance

On a consolidated basis, the company reported a net profit of ₹85.90 lakh for the quarter ended March 31, 2026, compared to a loss of ₹12.69 lakh in the same period last year. For the full year FY26, the consolidated net loss was ₹8.12 lakh, an improvement from the loss of ₹26.90 lakh in FY25. Consolidated revenue from operations for FY26 was ₹516.67 lakh.

Consolidated Financial Performance

The company’s total assets stood at ₹536.13 lakh as of March 31, 2026, compared to ₹131.05 lakh in the previous year. Total equity decreased to ₹44.90 lakh from ₹54.85 lakh, while total liabilities increased to ₹491.23 lakh from ₹76.20 lakh. Cash and cash equivalents at the end of the year were ₹4.90 lakh.