Classic Electricals Reports ₹19 Crore Loss in Q1 FY2026
Classic Electricals Limited, based in Mumbai, has reported a net loss of ₹19.00 crore for Q1 FY2026. The company's total revenue was ₹97.94 crore, while expenses reached ₹118.14 crore. The loss before tax stood at ₹20.20 crore, compared to a profit of ₹7.36 crore in the previous quarter. Both basic and diluted EPS were negative at ₹(1.00). Major expenses included employee benefits (₹42.66 lacs) and other expenses (₹67.21 lacs). The Board of Directors approved these unaudited financial results on August 7, 2025.
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Classic Electricals Limited, a Mumbai-based company, has reported a significant loss in its first quarter results for the fiscal year 2026. The company's financial performance has taken a downturn compared to the previous quarter, as revealed in its unaudited standalone financial results for the quarter ended June 30, 2025.
Financial Highlights
- Net Loss: Classic Electricals reported a net loss of ₹19.00 crore for Q1 FY2026.
- Revenue: The company's total revenue stood at ₹97.94 crore.
- Expenses: Total expenses amounted to ₹118.14 crore, exceeding the revenue.
- Loss Before Tax: The company incurred a loss before tax of ₹20.20 crore, compared to a profit of ₹7.36 crore in the previous quarter.
- Earnings Per Share (EPS): Both basic and diluted EPS were negative at ₹(1.00).
Expense Breakdown
The company's expenses for the quarter were categorized as follows:
| Expense Category | Amount (₹ in Lacs) |
|---|---|
| Employee Benefits | 42.66 |
| Other Expenses | 67.21 |
| Finance Cost | 6.05 |
| Depreciation and Amortisation | 2.22 |
Corporate Governance
The Board of Directors of Classic Electricals Limited approved these unaudited financial results in a meeting held on August 7, 2025. The meeting commenced at 2:00 p.m. and concluded at 2:30 p.m. The results were reviewed by the company's statutory auditors, ADV & Associates, Chartered Accountants.
Share Capital and Equity
The company's paid-up share capital remains unchanged at ₹1,90,55,850, with a par value of ₹10 per share. As of March 31, 2025, the company reported other equity of ₹981.42 lacs.
Classic Electricals Limited is taking necessary steps to comply with regulatory requirements, including arranging to publish the results in newspapers as per Regulation 47 of SEBI LODR.
Historical Stock Returns for Classic Electricals
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -100.00% | 0.0% | 0.0% | -100.00% | -100.00% | -100.00% |
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