Neil Industries Q1 FY27 Net Profit Rises 26% YoY to ₹41.40 Lakh on Higher Interest Income

Neil Industries Limited today announced its unaudited financial results for the first quarter ended June 30, 2026. Benefiting from a steady increase in its core lending operations and improved operational efficiency, the company posted solid growth in both revenues and profitability on a year-on-year basis.

Income Anchored by Core Interest Streams

Neil Industries, whose primary operations revolve around interest-generating financial activities, reported a total income of ₹100.32 lakh for Q1 FY27. This represents a 4.37% YoY increase from the ₹96.12 lakh recorded in the corresponding quarter of the previous fiscal year. Sequentially, total income grew slightly by 0.94% from the ₹99.39 lakh posted in Q4 FY26.

All generated revenue for the quarter was driven entirely by Interest Income, with the company registering nil amounts across other fields, including dividend income, sales, and net gains on fair value changes of financial instruments.

Managed Expenditures and Operational Costs

During the first quarter of fiscal 2027, Neil Industries reported total expenses of ₹44.99 lakh, marking an improvement of 13.98% YoY from ₹52.30 lakh in Q1 FY26. However, expenses rose sequentially by 22.59% compared to the ₹36.70 lakh incurred in the preceding quarter (Q4 FY26).

Finance Costs: Stood at ₹14.08 lakh for the quarter, compared to zero finance costs in Q1 FY26 and ₹15.12 lakh in Q4 FY26.

Employee Benefit Expenses: Remained highly stable at ₹6.18 lakh for the quarter, compared to ₹6.22 lakh in Q1 FY26.

Depreciation, Amortisation and Impairment: Came in at ₹9.64 lakh, declining from ₹12.50 lakh in the year-ago period.

Fees and Commission Expenses: Recorded at ₹5.93 lakh, up from ₹5.45 lakh in Q1 FY26.

Other Expenses: Stood at ₹9.16 lakh, down significantly from ₹28.16 lakh in the year-ago quarter.

Strong Improvement in Bottom-Line Margins

The combination of higher revenues and streamlined operating costs led to a significant expansion in profit margins:

Profit Before Tax (PBT): Climbed 26.32% YoY to ₹55.33 lakh in Q1 FY27, up from ₹43.80 lakh in the first quarter of fiscal 2026. Sequentially, however, PBT decreased by 11.74% from ₹62.69 lakh in Q4 FY26.

Tax Expense: The total tax outgo for the quarter was ₹13.93 lakh (consisting entirely of current tax with zero deferred tax liabilities), compared to ₹11.00 lakh in the year-ago period.

Profit After Tax (PAT): Settled at ₹41.40 lakh for Q1 FY27. This represents a strong 26.22% YoY surge over the ₹32.80 lakh posted in Q1 FY26, and a sequential jump of 31.09% from the ₹31.58 lakh recorded in Q4 FY26.

With no other comprehensive income adjustments reported during the quarter, the Total Comprehensive Income for the period stood at ₹41.40 lakh.

Earnings and Equity Structure:

Consequent to the healthy growth in earnings, both Basic and Diluted Earnings Per Share (EPS) for the quarter rose to ₹0.21 (face value of ₹10 each), up from ₹0.17 in Q1 FY26 and ₹0.16 in Q4 FY26.

The company's paid-up equity share capital remained constant at ₹1,955.32 lakh across all compared periods. Other Reserves (excluding revaluation reserves) stood strong at ₹4,092.97 lakh for the quarter, showing a steady expansion from ₹3,935.98 lakh in the corresponding period of the previous fiscal year.

Shares of Neil Industries Ltd was last trading in BSE at Rs. 5.97 as compared to the previous close of Rs. 6.06. The total number of shares traded during the day was 9652 in over 57 trades.

The stock hit an intraday high of Rs. 6.29 and intraday low of 5.95. The net turnover during the day was Rs. 58207.00.

Source : Equity Bulls

Keywords

NeilIndustries INE396C01010 Q1FY27 Q1FY2027 ResultUpdate