According to reports from Business Standard, I Power Solutions India reported a 14.29% decline in standalone net profit for the quarter ended June 2026. The company's net profit fell to ₹0.24 crore in Q1 FY27, compared to ₹0.28 crore recorded in the corresponding quarter of the previous financial year.
As reported by Business Standard, the company did not report any sales during the quarter ended June 2026. This represents a continuation of the same trend observed in the previous quarter ended June 2025, when the company also recorded zero sales for the corresponding period.
According to Business Standard, the quarter-on-quarter comparison shows the company's profitability remained relatively stable despite the absolute decline. The ₹0.24 crore net profit in Q1 FY27 compares to the ₹0.28 crore recorded in the same quarter of the previous financial year, indicating minimal revenue generation during this period.
