Q1 FY27 results: consolidated revenue ₹253.14 million, net profit ₹27.87 million versus a year-ago loss

Q1 (Apr–Jun 2026) results approved on Sept 28, 2026.

Mon 28 Sep 2026

Consolidated Revenue Q1 FY27

253.14 INR millions vs 107.06 a year ago

Consolidated Profit After Tax Q1 FY27

27.87 INR millions vs loss of (5.37) last year

Standalone Revenue Q1 FY27

124.91 INR millions vs 98.10 a year ago

USA Revenue Contribution

128.23 INR millions (50.66% of total)

Basic EPS Consolidated

1.78

What the Board approved

On September 28, 2026 the Board approved unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, along with limited review reports from Suri & Sudhir, Chartered Accountants. The meeting ran from 5:30 PM to 6.45 PM.

All figures below are in INR millions, as printed in the statement.

Consolidated quarter numbers

• Revenue from operations: 253.14, against 107.06 in the quarter ended June 30, 2025 and 250.08 in the quarter ended March 31, 2026
• Total income: 253.64
• Total expenses: 216.14
• Profit before tax: 37.50 versus a loss of (3.62) a year earlier
• Profit for the period: 27.87 versus (5.37)
• Total comprehensive income: 27.14

Standalone quarter numbers

• Revenue from operations: 124.91 versus 98.10
• Profit before tax: 20.28 versus (3.98)
• Profit for the period: 14.19 versus (5.60)

Where the revenue comes from

The group reports two geographic segments.

• India revenue: 124.91, or 49.34% of the total
• USA revenue: 128.23, or 50.66% of the total
• India segment result before tax and finance costs: 21.81; USA: 18.13
• Consolidated segment assets: 553.80; segment liabilities: 192.64

In the year-ago quarter the USA segment contributed only 8.96, so the sharp rise in consolidated revenue is largely driven by the US business scaling up.

Auditor's view

The consolidated and standalone review conclusions are unmodified. The subsidiary's interim information, reflecting total revenues of ₹ 128.38 million, net profit after tax of ₹ 13.68 million and total comprehensive income of ₹ 12.77 million, was reviewed by another auditor, M/s G Mandowara & Co., and Suri & Sudhir relied on that report.

The auditors note that the June 30, 2025 comparatives and the March 31, 2026 quarter balancing figures were not subjected to review or audit, since the company was unlisted in those periods. That means year-on-year and sequential comparisons rest on management-prepared numbers.

Other disclosures in the notes

• The equity shares were listed on NSE and BSE on September 8, 2026
• Mom's Belief US Inc., a wholly owned subsidiary, has acquired 100% of the shareholding of City Pro Group Inc., making it a step-down wholly owned subsidiary with effect from September 18, 2026
• Paid-up equity share capital (consolidated): 156.72, face value Rs. 10/- each
• Other equity: 153.38
• Basic earnings per share (consolidated): 1.78; diluted 1.78
• Standalone basic and diluted EPS: 0.91
• Earnings per share for the quarters are not annualised

How to read this

This is the company's first quarterly result disclosure after listing. Revenue more than doubled year on year and the business moved from a loss to a profit at both standalone and consolidated levels, with the US operations now roughly half of group revenue. The acquisition of City Pro Group Inc. falls after the quarter end, so its effect is not in these numbers.

Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.