Dai-ichi Karkaria delivered remarkable financial performance in Q1 FY27, with standalone net profit surging 178% to ₹6.09 crore from a net loss of ₹2.19 crore in Q1 FY26. According to the company's latest financial results, this dramatic profit improvement represents one of the most significant quarterly turnarounds in the company's recent financial history. The Board of Directors approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, at a meeting held on August 13, 2026, with the results reviewed by the Audit Committee and subjected to a limited review by statutory auditors B S R & Co. LLP.
The company's revenue from operations increased 46.6% to ₹57.84 crore in Q1 FY27, up from ₹39.45 crore in the same quarter of the previous financial year. As reported in the latest financial results, Oilfield Chemicals remained the largest business segment, contributing over half of quarterly revenue, supported by healthy upstream demand across select international markets. The Home & Personal Care segment recorded strong growth during the quarter, supported by a growing customer relationship with increased export demand and ongoing new product development. Agrochemicals continued its seasonal recovery, with customer sampling and application development activity progressing well through the internal application laboratory.
Total expenses rose 34.0% year-on-year to ₹54.85 crore, with cost of materials consumed increasing to ₹40.30 crore from ₹31.75 crore, while employee benefits expenses rose modestly to ₹7.14 crore from ₹6.49 crore. However, revenue growth outpaced expense inflation, demonstrating effective cost management during the quarter. The company successfully commissioned an additional ethylene oxide reactor at its Dahej facility during the quarter, strengthening production capabilities and flexibility to serve customers across ethoxylated product categories. This manufacturing expansion remains a key priority through the remainder of FY27.
Profit before tax (PBT) reached ₹4.45 crore in Q1 FY27, marking a significant turnaround from the loss of ₹0.69 crore recorded in the same quarter of the previous year. As reported in the financial results, other income surged 57.9% year-on-year to ₹5.51 crore, constituting approximately 8.7% of total income compared to 8.1% in the prior year. This substantial improvement in other income, alongside core business growth, contributed meaningfully to the top-line expansion. Earnings per share (EPS) on a standalone basis stood at ₹8.18, a significant improvement from the loss of ₹2.94 per share in Q1 FY26, while consolidated EPS was ₹3.93 against ₹0.03 in the corresponding quarter of the previous year.
