Silverline Q4 Results: Net loss widens to ₹3.9 crore in FY26
Silverline Technologies reported a FY26 net loss of ₹3.9 crore despite a 507% revenue surge to ₹203.6 crore. A ₹6.2 crore tax expense turned a ₹2.2 crore pre-tax profit into a loss. Q4 saw a sharp loss due to rising other expenses.

*this image is generated using AI for illustrative purposes only.
Silverline Technologies Limited reported a net loss of ₹3.9 crore for the financial year ended March 31, 2026 (FY26), compared to a loss of ₹42.7 lakh in FY25. The company’s revenue from operations expanded significantly, rising 507% year-on-year to ₹203.6 crore from ₹33.7 crore in the prior period.
The fourth quarter of FY26 saw a sharp deterioration in profitability. The company posted a quarterly loss before tax of ₹26.4 crore, contrasting with a profit before tax of ₹4.1 lakh in the same quarter last year. This quarterly loss was primarily driven by other expenses, which jumped to ₹26.2 crore in Q4FY26, up from ₹94.7 lakh in Q4FY25.
Financial Performance
Revenue growth was robust across the full year, but margin compression was evident as expenses outpaced income growth in the final quarter. Key financial metrics for the period are outlined below:
| Metric: | FY26 | FY25 | Change |
|---|---|---|---|
| Revenue From Operations: | ₹203.6 crore | ₹33.7 crore | +507% |
| Total Income: | ₹207.7 crore | ₹33.7 crore | +516% |
| Profit Before Tax: | ₹2.2 crore | -₹42.7 lakh | Turnaround |
| Net Profit/Loss: | -₹3.9 crore | -₹42.7 lakh | Widened |
| Other Income: | ₹4.1 crore | Nil | New inflow |
Total income for FY26 stood at ₹207.7 crore, aided by other income of ₹4.1 crore, which was not present in the previous fiscal year. However, total expenses rose to ₹205.4 crore from ₹34.1 crore in FY25. Purchases of stock-in-trade accounted for the majority of operating costs at ₹178.7 crore, up from ₹30.8 crore in FY25.
Segmental Analysis
The company operates through two primary segments: Agriculture and IT Services. The Agriculture segment contributed the bulk of the revenue and profit dynamics.
- Agriculture: Revenue from this segment surged to ₹204.3 crore in FY26, up from ₹32.3 crore in FY25. It generated an operating result (EBITDA) of ₹2.2 crore, turning positive from a loss of ₹42.7 lakh in the previous year.
- IT Services: Revenue from IT services grew modestly to ₹3.4 crore from ₹1.5 crore in FY25. This segment reported zero operating results for both periods.
What the Numbers Show
A notable divergence exists between the company’s annual pre-tax position and its post-tax outcome. While Silverline Technologies reported a profit before tax of ₹2.2 crore for FY26, it incurred a tax expense of ₹6.2 crore, resulting in the final net loss of ₹3.9 crore. This indicates that the tax provision significantly outweighed the operational profit generated during the year.
Balance Sheet Position
As of March 31, 2026, total assets remained relatively stable at ₹162.4 crore, compared to ₹162.6 crore in the previous year. Non-current borrowings decreased slightly to ₹33.0 crore from ₹33.9 crore. Trade receivables increased substantially to ₹97.9 crore from ₹38.4 crore, reflecting the higher revenue base. Cash and cash equivalents declined marginally to ₹42.3 lakh from ₹52.4 lakh.
The revised standalone and consolidated financial results were approved by the Board of Directors on May 30, 2026. Sarang Shivajirao Chavan and Associates served as the independent auditors, issuing an unqualified opinion on the financial statements.
What specific factors contributed to the sharp spike in 'other expenses' during Q4FY26, and are these costs expected to recur in the upcoming fiscal year?
How does Silverline Technologies plan to address the significant tax expense of ₹6.2 crore that outweighed its pre-tax profit, and what is the nature of this provision?
With trade receivables surging to ₹97.9 crore, what strategies will the company implement to improve collection efficiency and mitigate credit risk in FY27?


























