Sunshine Capital Q1 Results: Net profit rises 96% YoY to ₹101.5 lakh
Sunshine Capital Ltd posted a Q1FY27 net profit of ₹101.54 lakh, reversing a Q4FY26 loss. Revenue grew 6% QoQ to ₹103.38 lakh. The result highlights a shift in profit composition compared to the high-profit base of Q1FY25.

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Sunshine Capital Limited reported a strong turnaround in profitability for the first quarter of FY27, posting a standalone net profit of ₹101.54 lakh for the period ended June 30, 2026. This marks a sharp reversal from the net loss of ₹6.16 lakh recorded in the preceding quarter (Q4FY26).
The company’s total income from operations rose 6% quarter-on-quarter to ₹103.38 lakh, up from ₹97.44 lakh in the previous quarter. Year-on-year, the current quarter’s profit represents a significant decline from the ₹2,945.35 lakh reported in Q1FY25, reflecting lower absolute profit levels compared to the prior year’s high base.
Financial Performance Overview
The consolidated figures mirrored the standalone results, with net profit after tax standing at ₹101.54 lakh. The company maintained a stable paid-up equity share capital of ₹52,291.72 lakh throughout the period.
| Metric | Q1FY27 (Unaudited) | Q4FY26 (Audited) | Q1FY25 (Unaudited) |
|---|---|---|---|
| Total Income from Operations | ₹103.38 lakh | ₹97.44 lakh | ₹233.41 lakh |
| Net Profit Before Tax | ₹101.54 lakh | ₹24.52 lakh | ₹2,945.35 lakh |
| Net Profit After Tax | ₹101.54 lakh | (₹6.16 lakh) | ₹2,945.35 lakh |
What the Numbers Show
The divergence between revenue and profit trends warrants attention. While revenue declined significantly year-on-year (from ₹233.41 lakh in Q1FY25 to ₹103.38 lakh in Q1FY27), the profit margin expanded dramatically in relative terms. In Q1FY25, profit constituted approximately 98% of revenue (₹2,945.35 lakh profit on ₹233.41 lakh revenue), suggesting substantial non-operational income or exceptional items drove last year’s bottom line. In contrast, Q1FY27 shows a more normalized relationship where profit (₹101.54 lakh) is nearly equal to total income (₹103.38 lakh), indicating high operational efficiency or continued reliance on non-recurring gains despite lower top-line growth.
Sunshine Capital Limited filed these unaudited financial results with the stock exchanges pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The results were approved by the Board of Directors on August 13, 2026.
What specific operational or non-operational factors drove the dramatic expansion in profit margins despite a significant year-on-year decline in total income?
How does management plan to sustain the current profitability levels given the sharp contraction in revenue compared to the high base of Q1FY25?
Are there any pending one-time gains or exceptional items that contributed to the near parity between net profit and total income in Q1FY27?




























