Aurique Limited Posts Net Profit of ₹5.64 Lakh in Q1 FY27, Bouncing Back from Year-Ago Losses

Aurique Limited (formerly known as PAE Limited) today announced its standalone unaudited financial results for the first quarter of the fiscal year 2027 (Q1 FY27) ended June 30, 2026. The company successfully turned its bottom line around compared to the corresponding period of the previous fiscal year, recording positive earnings despite a sequential moderation in business activity.

Revenue Rebounds from Zero Base YoY

Aurique Limited generated ₹104.50 lakh in Revenue from Operations during the quarter under review. While this is a significant improvement over the nil (₹0.00) revenue reported in the corresponding year-ago quarter (Q1 FY26), it marks a sequential drop of 58.72% from the ₹253.13 lakh registered in the preceding quarter ended March 31, 2026 (Q4 FY25).

The company did not book any other income during Q1 FY27, compared to ₹0.51 lakh in Q4 FY25, bringing the total revenue for the quarter to ₹104.50 lakh.

Expense Profile and Key Outlays

Total expenditure for the quarter was contained at ₹98.86 lakh, down sequentially by 43.55% from the ₹175.14 lakh spent during Q4 FY25. However, this represents a significant increase compared to the leaner ₹21.51 lakh operating expense recorded in Q1 FY26 when operations were dormant.

Cost of Materials Consumed: Accounted for the bulk of operational outflows at ₹80.75 lakh, down from ₹126.56 lakh in the preceding quarter.

Employee Benefits Expense: Rose marginally to ₹5.04 lakh, compared to ₹4.35 lakh in Q1 FY26 and ₹4.09 lakh in Q4 FY25.

Other Expenses: Stood at ₹13.07 lakh, showcasing a major reduction from both the ₹17.16 lakh incurred in the year-ago period and the ₹44.49 lakh logged in the previous quarter.

Finance & Depreciation Costs: The company continued to report nil depreciation, amortization, and finance costs for the quarter.

Net Profitability Turnaround

The restoration of revenue streams paved the way for a recovery in profitability:

Net Profit Before and After Tax: Stood at ₹5.64 lakh for Q1 FY27. This represents a solid recovery from a standalone net loss of ₹21.51 lakh recorded in the corresponding quarter of the previous year (Q1 FY26). However, the net profit is sequentially lower than the ₹78.50 lakh achieved during the bumper fourth quarter of FY25.

Tax Provisions: No tax expenses (either current or deferred) were provisioned during the quarter, leaving the final net profit figure unchanged at ₹5.64 lakh.

Equity Expansion & Per-Share Earnings:

Reflecting the positive net profit, Aurique reported a Basic and Diluted Earnings Per Share (EPS) of ₹0.43 (face value of ₹10 each) for the quarter, recovering from a negative EPS of ₹(2.15) in Q1 FY26.

Notably, the company's paid-up equity share capital expanded to ₹130.00 lakh during the quarter, up from ₹100.00 lakh reported in both Q1 FY26 and Q4 FY25, indicating potential equity placement or corporate structuring during the three-month period.

Source : Equity Bulls

Keywords

Aurique Q1FY27 Q1FY2027 ResultUpdate