Worldwide Aluminium Limited reported a significant contraction in profitability for the first quarter of fiscal year 2026 (Q1FY26), with standalone net profit falling to ₹0.78 lakh compared to ₹8.54 lakh in the same period last year. This represents a year-on-year decline of approximately 91%, driven primarily by a 40.9% drop in revenue from operations to ₹1,125.27 lakh from ₹1,902.34 lakh. The sharp decrease in earnings underscores the volatility inherent in the company's single-segment business model focused on the trading of aluminium metals.

The Board of Directors approved the unaudited standalone financial results on August 11, 2026, during a meeting held at the company’s registered office in New Delhi. The results were reviewed by Jain Kedia & Sharma, the independent auditors, pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The audit committee also reviewed the financial statements before their approval by the Board.

Financial Performance Overview

Revenue from operations stood at ₹1,125.27 lakh for the quarter ended June 30, 2026, down from ₹1,837.89 lakh in the preceding quarter and ₹1,902.34 lakh in the same quarter of the previous fiscal year. Total income mirrored revenue figures as other income remained nil across all reported periods.

Expenses were tightly controlled relative to revenue, with purchases of stock-in-trade accounting for the majority of costs at ₹1,111.27 lakh. Employee benefits expense increased slightly to ₹7.76 lakh from ₹6.07 lakh in the prior year, while other expenses rose to ₹5.20 lakh from ₹3.41 lakh. Finance costs were negligible at ₹0.00 lakh.

Profit before tax declined to ₹1.05 lakh from ₹10.94 lakh in the corresponding quarter of the previous year. After accounting for current tax expense of ₹0.63 lakh and a deferred tax benefit of ₹0.37 lakh, the net profit for the quarter was ₹0.78 lakh. Earnings per share (EPS) decreased to ₹0.02 from ₹0.26 in the prior year.

What the Numbers Show

The data reveals a high sensitivity of profits to revenue volumes in Worldwide Aluminium’s trading business. With operating margins remaining thin—profit before tax constituted less than 0.1% of revenue in both the current and previous quarters—the absolute drop in revenue directly translated into a disproportionate percentage decline in net profit. The absence of other income or exceptional items indicates that the entire financial performance is driven by core trading activities, leaving little buffer against market fluctuations in aluminium prices or volume demand.

worldwide aluminium reported a net profit of ₹12.95 lakh for the financial year ended March 31, 2026, a sharp increase from ₹0.28 lakh in the previous year. The company's revenue from operations for FY26 stood at ₹7,882.53 lakh, compared to ₹6,009.59 lakh in FY25. For the quarter ended March 31, 2026, the company recorded a net profit of ₹3.84 lakh on revenue of ₹1,837.89 lakh.

Financial Performance

The Board of Directors approved the audited standalone financial results for the quarter and year ended March 31, 2026, on May 29, 2026. Total income for the year increased to ₹7,882.53 lakh from ₹6,009.60 lakh in the prior year. Total expenses for FY26 were reported at ₹7,864.93 lakh, up from ₹6,009.18 lakh in FY25.

The company's basic and diluted earnings per share (EPS) for FY26 improved to ₹0.39 per share, compared to ₹0.01 per share in the previous year. For the quarter ended March 31, 2026, the EPS was recorded at ₹0.12 per share.

Assets and Liabilities

As of March 31, 2026, the company's total assets stood at ₹1,077.92 lakh, a decrease from ₹1,726.72 lakh as of March 31, 2025. Current assets declined to ₹1,049.68 lakh from ₹1,704.31 lakh in the corresponding period last year, primarily due to a reduction in trade receivables and other current assets.

Total equity and liabilities as of March 31, 2026, were ₹1,077.92 lakh. Equity share capital remained unchanged at ₹328.63 lakh, while other equity increased to ₹300.41 lakh from ₹287.46 lakh. Current liabilities decreased significantly to ₹448.88 lakh from ₹1,110.63 lakh in the previous year.

Auditor's Report

M/s Jain Kedia and Sharma, Statutory Auditors, issued an unmodified opinion on the audited standalone financial results for the year ended March 31, 2026. The auditors confirmed that the financial results present a true and fair view in conformity with the Indian Accounting Standards. The report also included a conclusion on the unaudited financial results for the quarter ended March 31, 2026, stating no material misstatements were identified.