Forbes & Co Q1 Results: Net profit up 23% YoY to ₹3.07 crore
Forbes & Company posted a 23% YoY rise in standalone net profit to ₹3.07 crore for Q1FY27, despite a 38% drop in total income. Consolidated profits recovered to ₹3.60 crore from a prior-quarter loss.

*this image is generated using AI for illustrative purposes only.
Forbes & Company Limited reported a 23% year-on-year increase in standalone net profit after tax to ₹3.07 crore for the quarter ended June 30, 2026, compared to ₹2.50 crore in the same period last year. The profit growth occurred despite a 38% contraction in total income from operations, which fell to ₹16.06 crore from ₹25.85 crore in Q1FY26.
The Board of Directors approved the unaudited standalone and consolidated financial results on August 14, 2026. The results were reviewed by the Audit Committee and subjected to a limited review by statutory auditors.
Financial Performance
Standalone net profit before tax stood at ₹3.46 crore, up from ₹4.53 crore in Q1FY25. Consolidated net profit after tax rose 5% to ₹3.60 crore, recovering from a loss of ₹1.97 crore in the preceding quarter (Q4FY26).
| Metric: | Q1FY27 Standalone | Q1FY26 Standalone | Change |
|---|---|---|---|
| Total Income: | ₹16.06 crore | ₹25.85 crore | -38% |
| Net Profit After Tax: | ₹3.07 crore | ₹2.50 crore | +23% |
| EPS (Basic): | ₹2.38 | ₹3.08 | -23% |
Consolidated total income declined 39% to ₹16.63 crore from ₹27.37 crore in the prior year period. Basic earnings per share (EPS) for the standalone entity dropped to ₹2.38 from ₹3.08.
What the Numbers Show
The divergence between falling revenue and rising profit indicates significant operational leverage or cost control measures during the quarter. While top-line revenue contracted sharply by nearly 40%, bottom-line profitability expanded by nearly a quarter, suggesting that fixed costs or operating expenses decreased at a faster rate than income.
Paid-up equity share capital remained unchanged at ₹12.90 crore. Other equity excluding revaluation reserve stood at ₹147.91 crore for the standalone entity and ₹186.46 crore for the consolidated group as of March 31, 2026.
What specific cost-cutting measures or operational efficiencies drove the 23% profit growth despite the 38% revenue contraction?
Will Forbes & Company Limited implement strategic initiatives to reverse the sharp decline in total income from operations in upcoming quarters?
How does the divergence between standalone and consolidated results impact the company's overall financial health and subsidiary performance?



























