Panasonic Carbon Q1 Results: Net profit falls 32% YoY to ₹4.26 crore
Panasonic Carbon India’s Q1FY26 net profit fell 32% YoY to ₹4.26 crore amid a 30% revenue drop to ₹11.10 crore. Other income rose slightly, but could not offset the operational decline. Assets grew to ₹1,982 crore while liabilities edged up to ₹119.55 crore.
*this image is generated using AI for illustrative purposes only.
Panasonic Carbon India Co. Limited ( panasonic carbon ) reported a net profit of ₹4.26 crore for the quarter ended June 30, 2026, a decline of 32% year-on-year from ₹6.30 crore in the corresponding period of FY25. The Chennai-based manufacturer of carbon rods and electrodes saw its revenue from operations contract 30% to ₹11.10 crore, down from ₹15.88 crore in Q1FY25.
The company’s Board of Directors approved the standalone unaudited financial results on August 13, 2026. The figures were subjected to a limited review by statutory auditors B S R & Co. LLP, which issued an unmodified review report.
Financial Performance
Revenue from operations stood at ₹11.10 crore, compared to ₹15.88 crore in Q1FY25. Total income, which includes other income, was ₹14.36 crore, down from ₹19.01 crore in the prior year period. Other income increased slightly to ₹3.26 crore from ₹3.13 crore.
Total expenses fell to ₹8.65 crore from ₹10.55 crore in Q1FY25. Cost of materials consumed decreased to ₹2.99 crore from ₹3.70 crore. Employee benefits expense rose marginally to ₹2.72 crore from ₹2.58 crore. Power and fuel expenses dropped to ₹1.05 crore from ₹1.31 crore.
Profit before tax declined to ₹5.71 crore from ₹8.46 crore. Tax expense was ₹1.45 crore, lower than the ₹2.16 crore recorded in Q1FY25. Earnings per share (basic) were ₹8.87, down from ₹13.12.
| Metric | Q1FY26 | Q1FY25 | Change |
|---|---|---|---|
| Revenue from operations: | ₹11.10 crore | ₹15.88 crore | -30% |
| Total Income: | ₹14.36 crore | ₹19.01 crore | -24% |
| Total Expenses: | ₹8.65 crore | ₹10.55 crore | -18% |
| Profit Before Tax: | ₹5.71 crore | ₹8.46 crore | -33% |
| Net Profit: | ₹4.26 crore | ₹6.30 crore | -32% |
What the Numbers Show
Other income constituted approximately 23% of total income in Q1FY26, up from 16% in Q1FY25. This shift indicates a higher reliance on non-operating income as core revenue contracted. The stability in other income despite the revenue drop helped cushion the decline in total income, which fell 24% compared to the 30% drop in operating revenue.
Balance Sheet Position
As of June 30, 2026, segment assets totaled ₹1,982.11 crore, up from ₹1,841.85 crore in Q1FY25. Segment liabilities increased to ₹119.55 crore from ₹117.55 crore. The company operates as a single segment focused on carbon rods for dry cell batteries.
The results have been filed with the Bombay Stock Exchange and are available on the company’s website.
Historical Stock Returns for Panasonic Carbon
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.83% | +0.39% | -0.45% | -9.98% | -3.80% | -16.12% |
What specific market factors or supply chain disruptions contributed to the 30% contraction in operating revenue for Panasonic Carbon India in Q1FY26?
How does the increasing reliance on other income, now constituting 23% of total income, impact the long-term sustainability of the company's core carbon rod business?
Given the decline in net profit despite a reduction in total expenses, what strategic cost-cutting measures or operational efficiencies is the company planning to implement for the remainder of FY26?
20
Access 50+ Readymade Screeners 
Use 200+ Custom Filters 
Get Full Market Insights 
