Anik Industries Reports Mixed Q1 FY26 Results with Surge in Revenue
Anik Industries Limited reported a significant increase in revenue for Q1 FY26, with total revenue from operations rising to Rs 47.76 crore, up 350% from Rs 10.61 crore in Q1 FY25. However, net profit decreased to Rs 54.22 lakh from Rs 113.09 lakh year-over-year. The trading segment was the primary revenue driver, generating Rs 47.98 crore with a profit of Rs 96.66 lakh. Property development and wind power segments reported losses. Earnings per share decreased to Rs 0.20 from Rs 0.41 in Q1 FY25. Consolidated net profit, including subsidiary Revera Milk & Foods Private Limited, fell to Rs 23.13 lakh from Rs 102.41 lakh in the previous year.