Panasonic Energy India Q1 FY26 Net Profit Declines 79.77% YoY to ₹83.80 Lakh

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Panasonic Energy India (BSE: 504093) reported a significant drop in net profit for the first quarter of fiscal year 2026. Net profit declined to ₹83.80 lakh for the quarter ended June 30, 2025, compared to ₹414.06 lakh in the same period last year. Revenue from operations reached ₹5,800.50 lakh.

Financial Performance

Revenue from operations for the quarter ending June 30, 2025, decreased by 7.91% year-over-year to ₹5,800.50 lakh, down from ₹6,298.49 lakh. Total income for the quarter was reported at ₹5,903.45 lakh, compared to ₹6,418.58 lakh in the corresponding period of the previous fiscal year.

Total expenses for the quarter amounted to ₹5,698.59 lakh, compared to ₹5,855.04 lakh for the quarter ended June 30, 2024.

Profit before tax for the quarter stood at ₹204.86 lakh, a decrease from ₹563.54 lakh in the same quarter of the previous year.

Total Comprehensive Income for the period was ₹81.32 lakh, versus ₹398.02 lakh in the corresponding quarter last year.

Other Updates

Panasonic Energy India revised its accounting estimates related to depreciation during the quarter. The changes include a shift from the Written Down Value (WDV) method to the Straight Line Method (SLM), the removal of residual value for certain assets, and an increase in the useful life of specific existing assets based on a technical assessment. This revision resulted in an increased depreciation charge of ₹25.27 lakhs for the quarter and is expected to increase by ₹57.34 lakhs for the fiscal year.

Figures for the quarter ended March 31, 2025, represent the balancing figure between audited full-year results and the limited reviewed year-to-date figures up to the third quarter.

Basic and Diluted Earnings per share on profit after tax (not annualized) is reported at ₹1.12.