Stock Report

Longspur International Ventures Reports ₹15.68 Lakh Net Profit in Q1 FY27, Sequentially Bounces Back to Profitability

Posted On : 2026-07-12 11:04:58( TIMEZONE : IST )

Longspur International Ventures Limited has announced its unaudited standalone financial results for the first quarter of the fiscal year 2026-27 ended June 30, 2026. The Mumbai-headquartered international ventures firm clocked an improvement in its year-on-year revenue, successfully reversing a steep net loss suffered in the immediate preceding quarter.

Income Movements and Revenue Generation

For the three-month period ended June 30, 2026, Longspur International Ventures reported a revenue from operations of ₹75.00 lakhs. This indicates a steady 15.38% growth path compared to the ₹65.00 lakhs generated during the corresponding first quarter of the previous fiscal year (Q1 FY26). Sequentially, operational revenue moderated from the ₹147.36 lakhs logged during the high-volume closing quarter ended March 31, 2026.

With zero other income reported during the period, the company's total income for the quarter held flat with its core operations at ₹75.00 lakhs, tracking above the ₹65.01 lakhs posted in the year-ago opening quarter.

Expenditure Trends and Operating Efficiency

The company's aggregate operational costs for the quarter were contained at ₹53.77 lakhs. This represents a dramatic decline compared to the heavy expense block of ₹161.28 lakhs incurred in the immediate preceding quarter, which had been pressured by significant changes in finished goods inventories.

Key expenditure lines recorded during the quarter include:

Inventory & Purchasing: Purchases of traded goods accounted for ₹26.56 lakhs, while there were zero changes in inventories of finished goods for the quarter.

Personnel Costs: Employee benefit expenses were kept steady at ₹1.34 lakhs, compared to ₹1.25 lakhs in the year-ago period.

Administrative Overhead: Other expenses, representing general administrative and structural costs, stood at ₹23.18 lakhs.

Financing & Infrastructure: Finance costs for the period came in at ₹1.92 lakhs, while depreciation and amortization charges were minimal at ₹0.77 lakh.

Driven by these structured costs, Longspur recorded a positive Profit Before Tax (PBT) of ₹21.23 lakhs, executing a strong sequential recovery over the pre-tax loss of ₹13.41 lakhs registered in the final quarter of the previous financial year.

Bottom-Line Profitability and Earnings Per Share

Following a current corporate tax outgo of ₹5.55 lakhs-with no deferred tax or prior-period tax adjustments affecting the balance sheet during the quarter-Longspur International Ventures wrapped up the period with a Net Profit of ₹15.68 lakhs.

This bottom-line figure marks a complete turnaround from the net loss of ₹28.37 lakhs suffered in the preceding March quarter, though it remains below the ₹20.30 lakhs achieved in the highly profitable year-ago opening quarter.

With zero adjustments listed under other comprehensive income, the total comprehensive income closely tracked the net profit at ₹15.68 lakhs. Against a stable paid-up equity share capital base of ₹1,365.00 lakhs (consisting of equity shares with a face value of ₹10 each), basic and diluted Earnings Per Share (EPS) for the quarter bounded back into positive territory at ₹0.11 per share, turning around from the negative EPS of ₹(0.22) logged sequentially.

Shares of Longspur International Ventures Limited was last trading in BSE at Rs. 7.36 as compared to the previous close of Rs. 7.08. The total number of shares traded during the day was 39597 in over 55 trades.

The stock hit an intraday high of Rs. 7.39 and intraday low of 6.81. The net turnover during the day was Rs. 277163.00.