63 moons technologies limited Earnings Summary — Q1 FY2027
63 Moons Reports Consolidated Loss Amid Stretched Expenses and Ongoing Legal Contingencies
Quarterly Business Intelligence
AI Quarterly Scorecard™
Computed deterministically from the last 10 reported quarters.
Quarterly Business Momentum
- Revenue has increased for 4 consecutive quarters.
- Revenue of ₹137 Cr is 350.4% higher year-on-year.
- Revenue has compounded at 224.9% annualised over the last 10 quarters.
- Revenue is at its highest level in 10 quarters.
- Net profit of ₹-40 Cr is 1388.3% below the same quarter last year.
- Profit growth is trailing revenue growth this quarter.
- Operating margin stands at -52.3% in Q1 FY2027.
- Operating margin expanded by 12793 bps year-on-year.
- Over the last two years operating margin has expanded by 42455 bps.
- PBT margin is -33.8%.
- Expense growth of 144.8% remained below revenue growth of 350.4%.
- Operating profit of ₹-72 Cr is 30.7% lower year-on-year.
- Operating leverage continues to improve.
- 6 of the last 6 measured quarters delivered year-on-year revenue growth.
- Overall quarterly business momentum scores 55/100 (Healthy) on the latest 10 quarters.
- Business momentum remains positive heading into the next quarter.
Quarterly Financials
Last 10 Reported Quarters • All figures in ₹ Crore • Margins in %
| Metric | Trend | Latest Q1 FY2027 | Q4 FY2026 | Q3 FY2026 | Q2 FY2026 | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 | Q4 FY2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | Volatile | 137 | 134 | 27 | 21 | 30 | 14 | 12 | 10 | 12 | 10 |
| Expenses | Accelerating | 209 | 210 | 91 | 107 | 85 | 75 | 73 | 69 | 67 | 78 |
| Operating Profit | Stable | -72 | -76 | -64 | -87 | -55 | -62 | -61 | -60 | -55 | -68 |
| Operating Margin | Volatile | -52.3% | -57.1% | -237.0% | -422.6% | -180.2% | -453.9% | -520.1% | -609.8% | -476.9% | -707.0% |
| Other Income | Volatile | 35 | 119 | 41 | 55 | 64 | 83 | 44 | 42 | 51 | 41 |
| Interest | Volatile | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | Improving | 9 | 9 | 8 | 8 | 8 | 7 | 8 | 8 | 7 | 7 |
| Profit Before Tax | Volatile | -46 | 34 | -31 | -41 | 1 | 14 | -25 | -26 | -11 | -34 |
| Tax | Volatile | 1 | 9 | 1 | 4 | 3 | 4 | -2 | -1 | 0 | -38 |
| Net Profit | Volatile | -40 | 23 | -20 | -28 | 3 | 11 | -17 | -19 | -9 | 8 |
| Net Margin | Volatile | -28.9% | 16.8% | -73.5% | -137.6% | 10.1% | 80.7% | -141.6% | -193.1% | -73.9% | 82.8% |
Key Takeaways
- Consolidated revenue surged YoY to ₹13,632 lakhs, primarily driven by the Software Services/IT Solutions segment.
- The company reported a substantial consolidated net loss of ₹3,968 lakhs for Q1 FY2027, reversing a profit of ₹2,249 lakhs in the previous quarter.
- A significant write-off of ₹1,500 lakhs was recorded during the quarter for additional long-term investments made in the subsidiary National Spot Exchange Ltd (NSEL).
- Operating expenses were heavily impacted by a spike in the cost of goods sold, which reached ₹8,313.85 lakhs compared to nil in the same quarter last year.
- Standalone results remain heavily reliant on 'Other Income' (₹3,501 lakhs), which significantly exceeds the standalone revenue from operations (₹3,611 lakhs).
- The company faces continued legal restrictions on dividend distribution, with ₹9,307.86 lakhs currently held back due to pending civil suit outcomes.
- Auditors issued a qualified conclusion regarding ongoing legal matters including FIRs, ED investigations, and CBI charge-sheets related to the NSEL default.
Management Guidance
Management is actively pursuing the 'Scheme of Arrangement' for NSEL creditors to settle claims totaling approximately ₹4,610 Cr, which they believe will lead to the removal of property restraints and closure of multiple litigations.
Sentiment Shift
Deteriorating
While revenue growth is strong, the reversal from profit to a deep loss and additional impairment of subsidiary investments signals continued financial instability.
Outlook
The outlook remains clouded by high-stakes legal outcomes in the Supreme Court and PMLA courts. While the core IT Solutions segment shows topline growth, the path to consistent operating profitability is hampered by the high cost of litigation and capital impairments.
From the Annual Report (Key Quotes)
“The Company is presently taking the necessary steps before the appropriate courts/tribunal to give effect to the Scheme [of Arrangement].”
“Adopting a conservative approach, the Company has impaired and written off an amount of ₹13,557.10 lakhs till March 31, 2025.”
“Management and those charged with Governance have represented that there are no claims, litigations which require adjustments to/disclosures in the Statement other than stated.”
Official Quarterly Documents
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This summary is AI-generated from 63 moons technologies limited's latest quarterly filing and earnings call. For informational purposes only — not investment advice.