Logica Infoway Ltd, a pan-India technology retailer and distributor, has reported a significant boost in its financial performance for the first half of fiscal year 2026 (H1 FY26), with profit after tax (PAT) soaring by 98.5% year-over-year.

Key Financial Highlights

Segment Performance

The company's retail segment emerged as the star performer:

• Retail Revenue: ₹1,333.00 Mn, up 70.2% YoY
• Distribution Revenue: ₹2,547.00 Mn, up 13.2% YoY
• E-commerce Revenue: ₹1,762.00 Mn, up 30.0% YoY
• Export Revenue: ₹236.00 Mn, down 69.8% YoY (strategic reduction)

Growth Drivers and Strategy

1. Retail Expansion: The company is aggressively expanding its retail network, which is driving higher margins and better brand visibility.
2. Channel Mix Optimization: Focus on higher-margin domestic opportunities, particularly in retail and e-commerce.
3. Operational Efficiency: Tighter cost controls and improved store economics are enhancing profitability.
4. Strategic Export Reduction: Intentional decrease in lower-margin export business to reallocate resources to more profitable domestic channels.

Future Outlook

Logica Infoway has maintained its guidance for FY26:

• Revenue Growth: Expected in the range of 12-16% YoY
• Retail Growth: Projected at 50-60% YoY, with plans to increase store count from 52 to 100
• EBITDA Margin: Anticipated improvement to 2.7-3.0% range

Long-Term Vision

The company aims to scale its retail network to approximately 500 stores over the next four years, focusing on both urban and Tier-2 markets. This expansion strategy is expected to solidify Logica's position as a preferred distribution and retail partner for global consumer technology brands in India.

Gaurav Goel, Managing Director of Logica Infoway, emphasized the company's commitment to "disciplined execution, prudent capital allocation, and robust risk management" to deliver sustainable, profitable growth and long-term value creation for stakeholders.

As Logica Infoway continues to navigate the competitive technology retail and distribution landscape, its focus on profitable growth and strategic expansion appears to be yielding positive results. Investors and market watchers will be keen to see if the company can maintain this momentum in the second half of FY26 and beyond.

Logica Infoway Limited has released its financial results for the half-year ended September 30, 2025, revealing a mixed performance with increased revenue but a decline in net profit.

Revenue Growth Amid Profit Decline

The company reported a significant increase in revenue from operations, which rose to ₹1,11,163.09 lakhs for the half-year ended September 30, 2025, up from ₹1,01,408.06 lakhs in the corresponding period of the previous year. This represents a robust growth of approximately 9.6% year-over-year.

However, despite the revenue growth, Logica Infoway experienced a notable decrease in net profit. The company's net profit for the half-year stood at ₹642.41 lakhs, down from ₹1,049.59 lakhs in the same period last year, marking a decline of about 38.8%.

Financial Highlights

Here's a tabular representation of the key financial metrics:

Board Meeting Outcomes

The Board of Directors convened on November 14, 2025, to review and approve the unaudited financial results. Key points from the meeting include:

1. Approval of unaudited standalone financial results for the half-year ended September 30, 2025.
2. No dividend recommendation for the period under review.
3. Amendment of the Insider Trading Policy to incorporate SEBI circular dated April 21, 2025, on automated trading-window closure for immediate relatives of Designated Persons.
4. Reconstitution of the Internal Complaints Committee (ICC) under the POSH Act.
5. Approval of a revised policy on related party transactions.

Management Commentary

The company did not provide specific management commentary on the results. The decline in net profit despite revenue growth suggests potential challenges in managing costs or maintaining profit margins during the period.

Investor Considerations

Investors may want to consider the following points:

1. The company's ability to grow revenue in the current economic climate is a positive sign.
2. The significant decline in net profit warrants attention and may require further explanation from management.
3. No dividend declaration for this period might impact income-focused investors.

As Logica Infoway continues to navigate the IT and computer hardware trading landscape, stakeholders will likely be keen to see how the company addresses the profitability challenges while maintaining its revenue growth trajectory in the coming quarters.

Note: All financial figures are in Indian Rupees (₹) and lakhs, as per the company's financial statements.