Hira Automobiles Q1 Results: Net Loss Widens To ₹138.24 Lakh
Hira Automobiles reported a Q1FY27 net loss of ₹138.24 lakh, widening from ₹1.59 lakh in Q4FY26. Revenue dropped to ₹479.53 lakh from ₹3,469.81 lakh. Equity reserves declined to ₹1,060.58 lakh.

*this image is generated using AI for illustrative purposes only.
Hira Automobiles reported a substantial widening of losses in its un-audited standalone financial results for the quarter ended June 30, 2026. The company posted a net loss of ₹138.24 lakh, compared to a marginal net loss of ₹1.59 lakh in the previous quarter (Q4FY26). This marks a significant deterioration in profitability despite the company maintaining positive revenue generation.
Revenue from operations for the current quarter stood at ₹479.53 lakh, a sharp decline from ₹3,469.81 lakh recorded in the preceding quarter. The pre-tax loss also expanded dramatically to ₹138.24 lakh from ₹1.59 lakh in the prior period. The total comprehensive income mirrored the net loss at -₹138.24 lakh.
Financial Performance Overview
The quarterly figures highlight a volatile operational environment for the auto components manufacturer. While the company generated revenue, the cost structure or one-off expenses appear to have heavily impacted the bottom line, leading to the widened deficit.
| Metric | Q1 FY27 | Q4 FY26 | Change |
|---|---|---|---|
| Revenue from Operations | ₹479.53 lakh | ₹3,469.81 lakh | Decline |
| Net Profit / (Loss) | -₹138.24 lakh | -₹1.59 lakh | Widened |
| EPS (Basic & Diluted) | -₹5.02 | -₹0.19 | Negative |
For the full fiscal year FY26, Hira Automobiles had reported a net profit of ₹20.21 lakh on revenues of ₹13,792.04 lakh. The current quarter’s performance stands in contrast to the annual profitability achieved previously.
What the Numbers Show
The divergence between revenue contraction and loss expansion is notable. Revenue fell by approximately 86% quarter-on-quarter, yet the absolute loss increased by over 8,500%. This suggests that fixed costs or specific non-operational expenditures remained high relative to the reduced top-line inflow, eroding margins significantly. The earnings per share (EPS) dropped to -₹5.02 from -₹0.19 in the previous quarter.
Balance Sheet Position
As of June 30, 2026, the company’s equity share capital remained unchanged at ₹275.34 lakh. Other equity reserves decreased to ₹1,060.58 lakh from ₹1,198.82 lakh at the end of March 2026, reflecting the impact of the current quarter’s losses on retained earnings.
The results were approved by the Board of Directors and signed by Managing Director Rahulinder Singh Sidhu. The financial statements are unaudited and comply with SEBI regulations.
Historical Stock Returns for Hira Automobiles
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| 0.0% | 0.0% | 0.0% | -5.83% | -54.74% | +1,431.75% |
What specific operational or one-off expenses contributed to the widening net loss despite the sharp decline in revenue?
How does Hira Automobiles plan to address the 86% quarter-on-quarter revenue drop in the upcoming fiscal quarters?
Will the company need to raise additional capital to sustain operations given the erosion of equity reserves and continued losses?


































