Syschem (India) reported a standalone net loss of ₹1.67 crore in the quarter ended June 2026, marking a significant reversal from the net profit of ₹1.67 crore recorded during the corresponding quarter of the previous year. According to reports from Business Standard, this represents a complete turnaround in the company's financial performance compared to the same period last year.
The company's sales declined marginally by 0.10% to ₹109.21 crore in Q1 FY2026, compared to ₹109.32 crore in the corresponding quarter of the previous year. As reported by Business Standard, this minimal decline in revenue suggests that the company's financial challenges were not primarily driven by a significant drop in business volumes.
The company's operating profit margin (OPM) improved to 0.50% in Q1 FY2026, compared to 2.25% in the same quarter of the previous year. However, this improvement in margin efficiency was insufficient to offset the impact of the overall loss. According to the financial data reported by Business Standard, the company's PBDT declined by 95% to ₹0.11 crore from ₹2.43 crore in the previous year's quarter.
The company's profit before tax (PBT) turned negative at ₹1.45 crore in Q1 FY2026, compared to a positive PBT of ₹1.67 crore in the corresponding quarter of the previous year. As reported by Business Standard, this deterioration in profitability at the pre-tax level contributed to the overall net loss for the quarter. The company's net profit after tax (NPAT) stood at a loss of ₹1.67 crore in Q1 FY2026, reflecting the challenging operating environment during the quarter.
