I Secure Credit & Capital Services reported a standalone net loss of ₹2.33 crore in the quarter ended June 2026, marking a significant deterioration from the net profit of ₹6.95 crore recorded in the corresponding quarter of the previous financial year. According to reports from Business Standard, this represents a complete reversal in the company's profitability trajectory during the first quarter of FY27.
The company's financial performance was severely impacted by a dramatic decline in sales revenue, which fell 98.43% to ₹0.16 crore in Q1 FY27 compared to ₹10.20 crore in the same quarter of the previous financial year. As reported by Business Standard, this represents one of the most significant revenue contractions in the company's recent financial history, indicating substantial operational challenges during the quarter.
The company's operating profit margin (OPM) declined to -1225% in the current quarter, compared to 95.49% in the corresponding quarter of the previous year. According to the financial data reported by Business Standard, this dramatic shift in operational efficiency metrics reflects the severity of the company's financial challenges during the quarter ended June 2026.
The company's profit before depreciation and tax (PBDT) also turned negative at ₹2.33 crore in Q1 FY27, compared to a positive ₹9.39 crore in the same quarter of the previous year. As reported by Business Standard, this indicates that the company's operational losses extended beyond the net profit level, affecting all levels of financial performance during the quarter.
