Megri Soft Reports Mixed Q1 Results: Consolidated Revenue Up, Profit Dips
By ScanX News Team
Megri Soft Limited announced its Q1 FY2026 results. Consolidated revenue increased 5.7% quarter-on-quarter to Rs 71.51 crore, but decreased 40.1% year-on-year. Net profit slightly declined by 1.5% to Rs 14.26 crore compared to the previous quarter. Standalone revenue rose 5.1% quarter-on-quarter to Rs 52.90 crore, while net profit fell 14.5% to Rs 8.11 crore. The company showed signs of quarter-on-quarter recovery despite significant year-on-year declines in both revenue and profit.
*this image is generated using AI for illustrative purposes only.
Megri Soft Limited, an IT/ITES services provider, has announced its financial results for the first quarter ended June 30, 2025, revealing a mixed performance with increased revenue but a slight dip in profits.
Consolidated Performance
The company's consolidated revenue from operations for Q1 FY2026 stood at Rs 71.51 crore, marking a 5.7% increase from Rs 68.26 crore in the previous quarter. However, when compared to the same quarter last year, which recorded Rs 119.35 crore, there was a significant year-on-year decline of 40.1%.
Consolidated net profit after tax for the quarter was Rs 14.26 crore, showing a marginal decrease of 1.5% from Rs 14.47 crore in the previous quarter. Interestingly, the profit saw a slight increase of 2.3% compared to Rs 13.94 crore in the corresponding quarter of the previous year.
Standalone Performance
On a standalone basis, Megri Soft reported revenue from operations of Rs 52.90 crore for Q1 FY2026. This represents a 5.1% increase from Rs 50.33 crore in the previous quarter but a significant 49.1% decrease from Rs 103.93 crore in the same quarter last year.
The standalone net profit after tax stood at Rs 8.11 crore, down by 14.5% from Rs 9.49 crore in the previous quarter and a more substantial 33.9% decline from Rs 12.27 crore in the corresponding quarter of the previous year.
Financial Highlights
| Particulars (in Rs crore) | Q1 FY2026 (Consolidated) | Q1 FY2026 (Standalone) |
|---|---|---|
| Revenue from Operations | 71.51 | 52.90 |
| Net Profit After Tax | 14.26 | 8.11 |
| Basic EPS (in Rs) | 0.45 | 0.40 |
Segment Performance
Megri Soft Limited primarily operates in the IT/ITES services segment. The company's wholly-owned subsidiary, Megrisoft Limited, incorporated in the UK, contributed to the consolidated results.
Management Commentary
While the company did not provide specific management commentary in the released financial results, the figures indicate a challenging environment with year-on-year declines in revenue, possibly due to market conditions or project completions. However, the quarter-on-quarter growth in revenue suggests potential signs of recovery or new project acquisitions.
The Board of Directors approved these unaudited financial results at their meeting held on July 30, 2025. The results have been subjected to a limited review by the statutory auditors, who expressed an unmodified opinion.
Investors and stakeholders will be watching closely to see how Megri Soft navigates the current business landscape and whether it can maintain its profitability while working to recover its revenue to previous levels in the coming quarters.
Historical Stock Returns for Megri Soft
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.63% | +5.19% | -2.92% | -40.20% | -11.51% | +749.85% |
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