Bombay Oxygen Q1 Results: Net profit rises 17% YoY to ₹28.5 crore

Bombay Oxygen reported a net profit of ₹28.52 crore for the quarter ended June 30, 2026, marking a significant turnaround from the net loss of ₹31.41 crore recorded in the preceding quarter. The Mumbai-based company’s standalone results, filed with stock exchanges on August 11, 2026, show that total income from operations grew to ₹33.65 crore in Q1FY26, compared to ₹28.89 crore in Q1FY25.

The Board of Directors approved the unaudited financial results at a meeting held on August 10, 2026. The results were reviewed by the Audit Committee and subjected to limited review by the Statutory Auditors as required under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The financial statements were prepared in accordance with Indian Accounting Standards (Ind AS) prescribed under Section 133 of the Companies Act, 2013.

Financial Performance

The company’s profitability metrics showed substantial improvement year-over-year. Earnings Per Share (EPS) stood at ₹1,901.21 for the quarter, a sharp contrast to the diluted EPS loss of ₹2,093.83 in Q4FY26 and ₹1,615.17 in Q1FY25. The equity share capital remained unchanged at ₹1.50 crore.

Particulars	Q1FY26 (₹ in lakhs)	Q4FY26 (₹ in lakhs)	Q1FY25 (₹ in lakhs)
Total Income from Operations	3,364.63	(3,555.43)	2,888.67
Net Profit Before Tax	3,321.58	(3,601.24)	2,844.51
Net Profit After Tax	2,851.82	(3,140.75)	2,422.75
Total Comprehensive Income	5,758.81	(6,357.09)	3,883.56
EPS (Basic & Diluted)	1,901.21	(2,093.83)	1,615.17

What the Numbers Show

The most notable aspect of Bombay Oxygen’s Q1FY26 performance is the reversal of the significant losses incurred in the final quarter of FY26. While the company reported a comprehensive income loss of ₹63.57 crore in Q4FY26, it swung to a positive ₹57.59 crore in the current quarter. This volatility suggests that the prior quarter’s figures may have included one-time adjustments or exceptional items that have since been resolved or reversed. The current quarter’s net profit margin of approximately 85% of operating income indicates a high-margin business model, likely driven by investment income rather than traditional operational revenue streams, given the disproportionate scale of profits relative to reported operational income.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.04%	-0.33%	+3.79%	-2.18%	-17.23%	+51.33%

Bombay Oxygen Investments Limited has communicated the tax deduction at source (TDS) rates applicable to the dividend of ₹25 per equity share recommended for the financial year ended March 31, 2026. The dividend is subject to approval by shareholders at the 65th Annual General Meeting scheduled for August 25, 2026. Shareholders must ensure their documentation is submitted by the record date, August 18, 2026, to determine the appropriate withholding rate.

The company will deduct tax in accordance with the Income Tax Act, 2025 and the Finance Act, 2026. For resident shareholders with a valid PAN, the TDS rate is 10% if the dividend exceeds ₹10,000. No tax will be deducted if the dividend does not exceed this threshold. Shareholders may submit Form No. 121 to declare eligibility for nil deduction. A higher rate of 20% applies to resident shareholders without a valid PAN or with an invalid PAN.

Tax Rates for Resident Shareholders

Category of shareholder	Tax Deduction Rate	Documentation Requirement
Resident shareholder with PAN	10%	Update PAN and residential status with depository or RTA
Resident shareholder with PAN	Nil	Valid Form No. 121
Resident shareholder without PAN	20%	Nil

For non-resident shareholders, including Foreign Institutional Investors and Foreign Portfolio Investors, the TDS rate is 20% plus applicable surcharge and cess, or the Tax Treaty rate, whichever is lower. To claim the beneficial Tax Treaty rate, shareholders must submit a Tax Residency Certificate (TRC), self-declaration under Rule 217 of the Income Tax Rules, 2026, and Form 41. If these documents are not provided, TDS will be deducted at 20% plus surcharge and cess.

Tax Rates for Non-resident Shareholders

Category of shareholder	Tax Deduction Rate	Documentation Requirement
Non-resident shareholders	20% or Treaty Rate	TRC, Form 41, and self-declarations

The company emphasized that PAN must be linked with Aadhaar for resident individuals; otherwise, the PAN is deemed inoperative, and tax will be deducted at a higher rate. Shareholders holding shares in physical form must update their KYC details, including PAN and bank account particulars, with the Registrar and Share Transfer Agent, MUFG Intime India Private Limited, to receive dividend payments. Forms for lower or no tax deduction must be emailed to the company by 11:59 PM IST on August 18, 2026.