According to the latest announcement, Intec Capital Limited's Board of Directors approved the unaudited standalone and consolidated financial results for Q1 FY27 on August 11, 2026. The financial results have undergone a limited review by independent auditors S. P. Chopra & Co, who concluded that nothing suggests the unaudited financial results contain any material misstatement. The auditors' report specifically draws attention to a One Time Settlement (OTS) with lender banks completed in the previous year, resulting in a net loss of ₹12.43 lakhs as an exceptional item for Q1 FY26. The consolidated financial results incorporate figures from both Intec Capital Limited (parent company) and its wholly-owned subsidiary, Amulet Technologies Limited, India. The Board Meeting commenced at 04:06 PM IST and concluded at 05:00 PM IST on August 11, 2026.
According to reports from Business Standard, Intec Capital reported a consolidated net loss of ₹0.95 crore in the quarter ended June 2026, marking a significant shift from the net profit of ₹2.97 crore recorded in the corresponding quarter of the previous financial year. This represents a complete reversal in the company's profitability trajectory during the first quarter of FY27. The latest earnings report confirms this trend, with the company reporting a net loss of ₹9.54 million compared to net income of ₹29.73 million in the same quarter of the previous year.
As reported by Business Standard, the company's sales declined by 90.19% to ₹0.61 crore in Q1 FY27 compared to ₹6.22 crore in the same quarter of the previous financial year. The latest earnings report shows revenue of ₹6.18 million for the first quarter, compared to ₹62.33 million a year ago. This dramatic revenue contraction indicates substantial operational challenges facing the company during the quarter.
The independent auditor's review reports for both standalone and consolidated results indicate a material uncertainty related to going concern. This uncertainty stems from factors such as accumulated losses, non-operational lending activities, and a substantial reduction in customer recoveries, leading to a significant erosion of net worth. Despite these conditions, management has prepared the results on a going concern basis, citing continued promoter support and the ability to generate future resources. The results also include other disclosures, such as the appointment of a scrutinizer for the upcoming 32nd Annual General Meeting and the re-constitution of the Corporate Social Responsibility Committee.
According to the latest earnings report, basic loss per share from continuing operations was ₹0.52 compared to basic earnings per share of ₹1.62 a year ago. Similarly, diluted loss per share from continuing operations was ₹0.52 versus diluted earnings per share of ₹1.62 in the corresponding quarter of the previous year. These per share figures reflect the significant impact of the company's financial performance on shareholder returns during Q1 FY27.
According to the financial data reported by Business Standard, the company's operating profit margin (OPM) declined to -77.05% in Q1 FY27, compared to 57.88% in the corresponding quarter of the previous year. Additionally, PBDT turned negative at ₹0.47 crore compared to a positive ₹4.01 crore in Q1 FY26, while PBT also remained in negative territory at ₹0.56 crore versus a positive ₹3.92 crore in the previous year's first quarter. The latest earnings report confirms these challenging profitability metrics across multiple financial indicators.
