Neelkanth Limited reported a return to profitability in its first quarter of FY27, posting a standalone net profit of ₹9.08 lakh before tax and exceptional items for the quarter ended June 30, 2026. This marks a significant turnaround from the net loss of ₹10.26 lakh recorded in the preceding quarter (Q4FY26) and a loss of ₹14.52 lakh in the same period last year.

The improvement in the bottom line was supported by a substantial increase in operational revenue. Total income from operations (net) surged to ₹115.87 lakh, compared to just ₹2.98 lakh in Q4FY26 and ₹0.29 lakh in Q1FY26. This sharp rise in top-line activity drove the company’s basic earnings per share (EPS) to ₹0.15, up from a loss per share of ₹0.39 in the previous quarter.

Financial Performance

The company’s financial results for the quarter were reviewed by the Audit Committee and approved by the Board of Directors on August 13, 2026. The unaudited results have been filed with the Bombay Stock Exchange pursuant to SEBI Listing Obligations and Disclosure Requirements Regulations.

After accounting for tax and exceptional items, the net profit for the period was ₹6.56 lakh. In contrast, the company reported a net loss of ₹16.97 lakh after tax and exceptional items in Q4FY26. For the full fiscal year ended March 31, 2026, Neelkanth had reported an audited net profit of ₹24.75 lakh on total income of ₹387.68 lakh.

What the Numbers Show

The divergence between operational income and net profit highlights the impact of non-operational factors on the company’s bottom line. While total income from operations rose to ₹115.87 lakh, the pre-tax profit before exceptional items was only ₹9.08 lakh. This suggests that operating expenses or other costs consumed the majority of the operational revenue during the quarter. Furthermore, the gap between the pre-tax profit before exceptional items (₹9.08 lakh) and the final post-tax profit after exceptional items (₹6.56 lakh) indicates that exceptional items reduced the overall profitability by approximately ₹2.52 lakh in the quarter.

Neelkanth Limited has closed its trading window for all Directors, Officers, Designated Employees, and their Immediate Relatives, effective from July 01, 2026. The restriction will remain in effect until 48 hours after the announcement of the financial results for the quarter ended June 30, 2026. This measure is implemented to ensure compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal Code of Conduct for Regulating, Monitoring, and Reporting of Trading by Insiders.

Pursuant to the company's Code of Practices and Procedures for Fair Disclosure, designated persons and their connected relatives have been advised not to trade, buy, sell, or pledge securities during this closure period. The company stated that the date of the ensuing Board meeting to approve the financial results for the quarter ended June 30, 2026, will be intimated to the stock exchanges in compliance with the timelines under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Details

The communication was submitted to BSE Limited on June 23, 2026, by Bhavik Rashmi Bhimjyani, Chairman & Managing Director of Neelkanth Limited.