Digidrive Distributors Reports Mixed Q2 FY26 Results with Consolidated Profit

Digidrive Distributors Limited, a part of the RP-Sanjiv Goenka Group, has announced its unaudited financial results for the second quarter and half-year ended September 30, 2025. The company's performance shows a mixed picture, with improvements in consolidated results despite challenges in standalone operations.

Consolidated Performance

On a consolidated basis, Digidrive Distributors reported a net profit of Rs. 175.00 lakhs for Q2 FY26, compared to a loss of Rs. 19.00 lakhs in the previous quarter. This marks a significant turnaround in the company's profitability.

Standalone Results

The standalone results, however, present a different scenario:

Particulars (Standalone)	Q2 FY26	Q1 FY26	Q2 FY25
Revenue from Operations	816.00	506.00	653.00
Net Profit/(Loss)	60.00	(10.00)	14.00

All figures in Rs. lakhs

The company's standalone operations showed improvement, with revenue increasing from Rs. 506.00 lakhs in Q1 FY26 to Rs. 816.00 lakhs in Q2 FY26. The net profit also turned positive at Rs. 60.00 lakhs, compared to a loss in the previous quarter.

Segment Performance

Digidrive Distributors operates through three business segments:

Trading: This segment remained the largest contributor to revenue.
Publication: Showed significant growth, contributing to the improved consolidated results.
Investment: Added to the company's profitability, particularly in the consolidated results.

Financial Position

As of September 30, 2025:

Total consolidated assets stood at Rs. 32,454.00 lakhs
Consolidated equity (including share capital and other equity) was Rs. 28,623.00 lakhs

Management Commentary

Kiran Bandekar, Managing Director of Digidrive Distributors Limited, stated, "Our Q2 results reflect the company's resilience and the success of our diversified business model. While we face challenges in certain areas, our consolidated performance demonstrates our ability to leverage strengths across different segments."

Outlook

The company's improved consolidated performance, despite standalone challenges, suggests a robust group structure. The growth in the publication segment and the contribution from investments indicate potential areas for future expansion and stability.

Investors and stakeholders will be watching closely to see if Digidrive Distributors can maintain this positive momentum in the coming quarters, particularly in light of the mixed results between standalone and consolidated figures.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.78%	-3.17%	-0.78%	-18.45%	-26.97%	-71.43%

Digidrive Distributors Limited, a part of the RP-Sanjiv Goenka Group, has reported a net loss for the first quarter of the fiscal year 2026, as the company grappled with a significant decline in revenue.

Financial Performance

The company's standalone financial results for Q1 FY26 revealed a net loss of Rs 10.00 lakhs, a stark contrast to the profit of Rs 68.00 lakhs recorded in the same quarter of the previous year. The revenue from operations saw a substantial decrease, falling to Rs 506.00 lakhs from Rs 948.00 lakhs year-on-year, marking a decline of approximately 46.6%.

On a consolidated basis, the picture remained challenging:

Particulars (in Rs lakhs)	Q1 FY26	Q1 FY25	YoY Change
Revenue from Operations	959.00	1386.00	-30.8%
Net Profit/(Loss)	(3.00)	136.00	-

The consolidated revenue decreased to Rs 959.00 lakhs from Rs 1,386.00 lakhs, while the company posted a loss of Rs 3.00 lakhs compared to a profit of Rs 136.00 lakhs in the previous year.

Segment Performance

Digidrive Distributors operates through three main segments:

Trading
Publication
Investment

The trading segment, which is the company's primary revenue generator, reported a revenue of Rs 506.00 lakhs for the quarter. The publication segment, operated through its subsidiary Open Media Network Private Limited, contributed Rs 453.00 lakhs to the consolidated revenue.

Other Comprehensive Income

Despite the operational challenges, Digidrive Distributors reported a positive total comprehensive income of Rs 2,580.00 lakhs on both standalone and consolidated basis. This was primarily due to other comprehensive income of Rs 2,590.00 lakhs, which significantly offset the operational losses.

Management Approval

The Board of Directors of Digidrive Distributors Limited approved these unaudited financial results in a meeting held on August 12, 2025. The meeting, which commenced at 11:00 A.M. (IST), concluded at 11:40 A.M. (IST).

Looking Ahead

While the company faces headwinds in its core operations, the substantial other comprehensive income provides some financial cushion. Investors and stakeholders will be keenly watching how Digidrive Distributors navigates these challenges and works towards improving its operational performance in the coming quarters.

The company has scheduled its Third Annual General Meeting (AGM) for September 12, 2025, to be held virtually through video conferencing, where shareholders may gain further insights into the company's strategies and outlook.