D-Link India Q1 Results: Net profit rises 13% YoY to ₹276 lakh
D-Link (India) Limited delivered a strong Q1FY27 performance with consolidated net profit rising 13% YoY to ₹276.07 lakh, fueled by a 31% revenue jump to ₹4,569.61 lakh. EPS climbed to ₹7.78 from ₹6.87. The company is actively appealing a ₹6.11 crore customs demand related to royalty payments.

*this image is generated using AI for illustrative purposes only.
D-Link (India) Limited reported a consolidated net profit of ₹276.07 lakh for the quarter ended June 30, 2026, marking a 13% increase from ₹243.75 lakh in the corresponding period of the previous year. This growth was driven by a robust 31% year-on-year rise in revenue from operations to ₹4,569.61 lakh, reflecting strong demand for its networking products and security services. The results, approved by the Board on August 1, 2026, signal continued operational momentum despite a pending customs dispute that requires shareholder monitoring.
The Board of Directors approved the unaudited standalone and consolidated financial results pursuant to Regulations 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. B S R & Co. LLP, the statutory auditors, issued an unmodified review conclusion on the financial statements prepared in accordance with Ind AS 34. The consolidated figures include the results of the parent company and its subsidiary, TeamF1 Networks Private Limited.
Financial Performance
Revenue from operations stood at ₹4,569.61 lakh for the consolidated entity, compared to ₹4,437.14 lakh in the preceding quarter and ₹3,501.62 lakh in Q1FY26. Total income reached ₹4,616.92 lakh, aided by other income of ₹47.32 lakh. Expenses were managed effectively, with total expenses at ₹4,245.24 lakh. Profit before tax rose to ₹371.68 lakh from ₹327.72 lakh in Q1FY25. After accounting for a total tax expense of ₹95.62 lakh, the net profit for the period was ₹276.07 lakh. Earnings per share (basic and diluted) increased to ₹7.78 from ₹6.87 in the same quarter last year.
| Particulars | Q1FY27 (₹ in Lakhs) | Q4FY26 (₹ in Lakhs) | Q1FY26 (₹ in Lakhs) |
|---|---|---|---|
| Revenue from operations | 4,569.61 | 4,437.14 | 3,501.62 |
| Total Income | 4,616.92 | 4,476.37 | 3,556.19 |
| Total Expenses | 4,245.24 | 4,108.02 | 3,228.48 |
| Profit Before Tax | 371.68 | 368.35 | 327.72 |
| Net Profit | 276.07 | 276.12 | 243.75 |
| EPS (₹) | 7.78 | 7.77 | 6.87 |
Regulatory and Operational Updates
The company disclosed a material legal matter involving a demand order from the Commissioner of Customs (Adjudication), Mumbai, dated January 19, 2026. The authorities contend that royalty payments made to D-Link Corporation, Taiwan, should have been included in the assessable value of imported goods. The total demand is ₹611.49 lakh, inclusive of differential duty, fines, and penalties, but excluding interest. D-Link had previously made voluntary ad-hoc payments of ₹100.00 lakh during the investigation. The company has challenged this order by filing an appeal before the Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Mumbai, on April 7, 2026.
Additionally, under the New Labour Codes, the Group recognized an employee benefits expense of ₹259.99 lakh for FY26, comprising ₹249.73 lakh for gratuity and ₹10.26 lakh for leave encashment. Management stated it continues to monitor developments under the New Labour Codes to ensure appropriate accounting treatment as required.
Historical Stock Returns for D-Link
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.04% | +2.50% | -12.21% | +9.54% | -13.05% | +184.51% |
How might the resolution of the ₹611.49 lakh customs dispute impact D-Link India's future cash flows and effective tax rates?
Will the 31% revenue growth be sustainable given the current market saturation in networking products and security services in India?
What specific strategies is management employing to mitigate the financial impact of the New Labour Codes' employee benefit expenses in upcoming quarters?


































