According to reports from Business Standard, Athena Global Technologies reported a consolidated net loss of ₹3.15 crore in the quarter ended June 2026, representing a 27% improvement from the net loss of ₹4.34 crore recorded in the corresponding quarter of the previous financial year. The company's financial performance showed mixed results with significant revenue growth offset by operational challenges.
As reported by Business Standard, the company's sales increased by 57.28% to ₹4.75 crore in the quarter ended June 2026, compared to ₹3.02 crore in the same period of the previous financial year. This substantial revenue growth demonstrates the company's ability to expand its business operations and market presence during the quarter.
According to the financial data reported by Business Standard, the company's operating profit margin (OPM) improved to -0.84% in Q1 FY27 from -46.03% in the corresponding quarter of the previous year. Additionally, PBDT (Profit Before Depreciation and Tax) decreased by 32% to ₹2.72 crore from ₹4.00 crore year-on-year, while PBT (Profit Before Tax) improved by 28% to ₹3.13 crore from ₹4.35 crore in the previous year's quarter.
In a significant development, Athena Infonomics has appointed Nakul Jain as Chief Executive Officer of APLYD, marking the next chapter in the company's sixteen-year journey of working with governments. Jain co-founded APLYD and also joins Athena Infonomics as a Partner, bringing fifteen years of experience building digital systems and AI for the public sector. He was previously CEO and Managing Director of Wadhwani AI Global, where he led the organisation's expansion across Latin America and Africa, and oversaw more than 25 AI deployments across India as Vice President of Products & Solutions for Wadhwani AI India.
