According to reports from Business Standard, Span Divergent reported a consolidated net loss of ₹1.05 crore for the quarter ended June 2026, representing a significant deterioration from the net loss of ₹0.10 crore recorded in the corresponding quarter of the previous financial year. The company's financial performance showed marked decline across key metrics during the first quarter of FY27.
As reported by Business Standard, the company's sales declined 7.29% to ₹0.89 crore in the quarter ended June 2026, compared to ₹0.96 crore in the same period of the previous financial year. This revenue contraction indicates challenging market conditions or operational challenges faced by the company during the quarter.
According to the financial data reported by Business Standard, the company's operating profit margin (OPM) deteriorated significantly to -117.98% in Q1 FY27, compared to -68.75% in the corresponding quarter of the previous year. Additionally, PBDT (Profit Before Depreciation and Tax) turned negative at ₹0.90 crore compared to a positive ₹0.06 crore in Q1 FY26, while PBT (Profit Before Tax) declined 248% to ₹1.15 crore from ₹0.33 crore in the previous year's quarter.
