Forbes & Company reported a 25.93% decline in consolidated net profit to ₹3.60 crore for the quarter ended June 2026, compared to ₹4.86 crore in the corresponding quarter of the previous year. According to reports from Business Standard, this represents a significant year-on-year deterioration in the company's bottom-line performance.
The company's sales revenue declined by 40.94% to ₹13.26 crore in Q1 FY2026, down from ₹22.45 crore recorded in the same quarter of the previous financial year. As reported by Business Standard, this substantial revenue contraction indicates challenging market conditions or operational issues affecting the company's business operations.
The company's operating profit margin (OPM) improved to 8.45% in the June 2026 quarter, compared to 5.12% in the corresponding quarter of the previous year. According to the financial data reported by Business Standard, this improvement in margin efficiency suggests better cost management despite the overall revenue decline and profit contraction.
Profit before tax (PBT) declined by 29% to ₹4.10 crore in the June 2026 quarter, compared to ₹5.76 crore in the same quarter of the previous year. As reported by Business Standard, this significant reduction in pre-tax profit indicates that the company faced challenges beyond just revenue generation, affecting its overall profitability metrics across multiple levels of the income statement.
