Aqylon Nexus Limited reported a net profit of ₹425.57 lakhs for the quarter ended June 30, 2026, marking a significant turnaround from the net loss of ₹183.57 lakhs recorded in the corresponding period of FY25. The Board of Directors approved the unaudited financial results on August 7, 2026, following a review by the Audit Committee and statutory auditors Bilimoria Mehta & Co. This result signals improved operational efficiency and cost management in the initial quarter of FY26.

Revenue from operations rose sharply to ₹846.50 lakhs in Q1FY26, up from ₹3.47 lakhs in Q1FY25. Total income stood at ₹851.56 lakhs, including other income of ₹5.06 lakhs. The company’s total expenses were ₹426.00 lakhs, comprising operational costs of ₹333.11 lakhs, finance costs of ₹43.01 lakhs, and employee benefit expenses of ₹2.23 lakhs. Depreciation and amortisation expenses amounted to ₹27.81 lakhs.

Financial Performance Overview

The profit before tax was ₹425.57 lakhs, with no tax expenses incurred during the quarter. Basic and diluted earnings per share (EPS) were ₹0.17, compared to a loss per share of ₹0.72 in Q1FY25. The company operates primarily in one business segment as per Ind AS 108, so no separate segment information is provided.

What the Numbers Show

The most notable aspect of Aqylon Nexus’s Q1FY26 performance is the dramatic shift from a loss-making position to profitability, driven entirely by operational revenue growth. While revenue increased substantially to ₹846.50 lakhs from a negligible ₹3.47 lakhs a year ago, expenses also rose but remained well below income levels. Finance costs decreased significantly from ₹145.42 lakhs in Q1FY25 to ₹43.01 lakhs in Q1FY26, contributing positively to the bottom line. This reduction in finance costs, alongside higher operational income, underscores improved financial health and effective cost control measures implemented by management.

The previous quarter ended March 31, 2026, saw an audited net loss of ₹799.31 lakhs, largely influenced by exceptional items including a write-off of ₹581.59 lakhs related to non-recoverable deposits against extinguished income tax demands under the NCLT-approved Resolution Plan. However, Q1FY26 excludes such exceptional items, reflecting core operational performance. The company continues to navigate its post-resolution plan phase, with ongoing focus on stabilizing operations and enhancing profitability.

Aqylon Nexus Limited strengthened its executive and governance framework by appointing Vishnu Deepakbhai Rupareliya as an Additional Executive Director and Bhavin Sanjaybhai Sanghani as Chief Financial Officer (CFO) during a Board meeting on August 4, 2026. These appointments aim to enhance operational leadership and financial oversight. The Board also addressed audit continuity by accepting the resignation of Secretarial Auditor Krina Gokulkumar Shah and appointing M/s Pooja M Patel & Associates as her successor for Financial Year 2026-27.

Mr. Rupareliya’s appointment is subject to regulatory approvals and ratification by shareholders at the ensuing General Meeting. A mechanical engineering graduate with experience in operations and leadership, he holds no shares in the company and has no relationship with existing directors. Mr. Sanghani, a commerce graduate with over four years of experience in accounting, finance, and taxation, was appointed as CFO effective August 4, 2026. He also holds no shares and is unrelated to any directors or promoters.

The Board addressed audit functions by appointing M/s Lakshita Bhandari & Co, Chartered Accountants (FRN: 159885W), as Internal Auditor for Financial Year 2026-27, in compliance with Section 138 of the Companies Act, 2013. The firm, led by Proprietor Lakshita Bhandari, brings over 12 years of professional experience. This appointment aligns with Regulation 30 of the SEBI Listing Regulations and SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Ms. Shah tendered her resignation on August 4, 2026, citing personal reasons, covering the period from Financial Year 2026-27 onwards. To fill the casual vacancy, the Board approved M/s Pooja M Patel & Associates, Practicing Company Secretary, as Secretarial Auditor for Financial Year 2026-27, subject to shareholder approval.

Key Appointments and Resignations

The meeting commenced at 2:00 PM and concluded at 2:20 PM. All disclosures were made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.