According to reports from Business Standard, Harmony Capital Services delivered a standalone net profit of ₹1.38 crore in the quarter ended June 2026, marking a significant turnaround from the net loss of ₹0.01 crore recorded during the corresponding quarter of the previous financial year. The company's sales revenue reached ₹4.41 crore during Q1 FY27, compared to zero sales reported in the same quarter of the previous year. As per the latest market data, the company's market capitalization stands at ₹119 crore, representing a 77.1% increase over the past year. The stock is currently trading at 29.4 times its book value with a low return on equity of -12.2% over the last three years.
As reported by Business Standard, the company achieved an operating profit margin (OPM) of 31.29% during the June 2026 quarter. The financial results show a complete operational turnaround, with the company moving from losses to profitability across all key metrics including profit before depreciation and tax (PBDT) of ₹1.38 crore, profit before tax (PBT) of ₹1.38 crore, and net profit of ₹1.38 crore. According to the latest financial data, the company's operating profit margin has shown significant improvement from previous quarters, indicating strong operational efficiency.
According to recent board meeting outcomes, Harmony Capital Services has approved the acquisition of 51% stake in Truvolt Engineering through a share swap arrangement. The company has also approved a preferential issue of 1.26 crore shares worth ₹83.47 crore to fund this acquisition. This strategic move represents a significant expansion into the engineering sector for the securities trading company. The market has responded positively to this development, with the stock showing strong performance and the company's market capitalization increasing by 77.1% over the past year, reflecting investor confidence in the acquisition strategy.
According to the financial data reported by Business Standard, the company's performance in Q1 FY27 represents a substantial improvement over the corresponding quarter of the previous financial year. The zero sales reported in June 2025 have given way to ₹4.41 crore in sales during the same quarter of the current financial year, indicating strong operational recovery and business growth. The company's profit before tax of ₹1.69 crore for the trailing twelve months demonstrates consistent operational performance, while the low return on equity of -12.2% over three years suggests potential for future improvement following the strategic acquisition.
