Neelkanth Rockminerals achieved a standalone net profit of ₹3.71 crore in the quarter ended June 2026, marking a significant turnaround from the net loss of ₹0.03 crore recorded in the corresponding quarter of the previous financial year. The company officially disclosed these unaudited financial results on August 14, 2026, with the Board of Directors approving the results after considering recommendations from the Audit Committee. The profit represents the profit from continuing operations after accounting for tax expenses of ₹1.25 lakh.
The company reported total income of ₹8.83 lakh for the quarter ended June 2026, while total expenses amounted to ₹3.87 lakh. This resulted in a profit before tax of ₹4.96 lakh, demonstrating effective cost management despite minimal revenue generation. The company recorded nil sales for both the quarter ended June 2026 and the previous quarter ended June 2025, indicating no revenue generation during either period. The minimal profitability despite revenue generation reflects the company's focus on operational efficiency and cost control.
The ₹3.71 crore profit achieved in Q1 FY27 represents a substantial improvement from the ₹0.03 crore loss recorded in the same quarter of the previous financial year. The company's total comprehensive income also stood at ₹3.71 crore for the quarter, indicating consistent profitability across all financial metrics. The Earnings Per Share (EPS) for continuing operations were ₹0.07 on a basic and diluted basis for the quarter ended June 30, 2026. The financial statements were subjected to a limited review by statutory auditors, with the auditors providing an unmodified review conclusion on the financial statements.
