South West Pinnacle Exploration Q1 FY27 Consolidated Net Profit Surges 288% YoY to ₹9.34 Crore; Revenue Up 53.4%

South West Pinnacle Exploration Limited has released its unaudited standalone and consolidated financial results for the first quarter ended June 30, 2026 (Q1 FY27). Backed by robust operational execution across its core drilling and exploration projects, the company posted a sharp 288.49% year-on-year (YoY) surge in consolidated net profit to ₹933.60 lakh (₹9.34 crore).

Key Consolidated Financial Highlights (Q1 FY27 vs Q1 FY26)

Revenue from Operations: Grew 53.38% YoY to ₹6,168.21 lakh (₹61.68 crore) compared to ₹4,021.62 lakh in Q1 FY26. Sequentially, operational revenue moved down 20.61% from ₹7,769.51 lakh in Q4 FY26 due to quarterly project cycles.

Total Income: Advanced 50.39% YoY to ₹6,212.19 lakh (₹62.12 crore) against ₹4,130.81 lakh in Q1 FY26.

Profit Before Tax (PBT): Climbed 283.66% YoY to ₹1,189.96 lakh (₹11.90 crore) compared to ₹310.16 lakh in Q1 FY26, supported by an increased share of profit from joint ventures.

Net Profit After Tax (PAT): Surged 288.49% YoY to ₹933.60 lakh (₹9.34 crore) compared to ₹240.32 lakh in Q1 FY26 (down sequentially from ₹1,304.74 lakh in Q4 FY26).

Total Comprehensive Income: Increased 319.34% YoY to ₹990.99 lakh (₹9.91 crore) against ₹236.32 lakh in Q1 FY26.

Earnings Per Share (EPS): Basic EPS rose to ₹3.13 per share (face value ₹10) from ₹0.81 in Q1 FY26, while diluted EPS stood at ₹3.06.

Standalone Performance Snapshot

On a standalone basis, South West Pinnacle Exploration delivered a parallel strong performance:

Revenue from Operations: Reached ₹6,178.30 lakh (up 54.02% YoY from ₹4,011.30 lakh in Q1 FY26).

Total Income: Stood at ₹6,222.23 lakh compared to ₹4,120.49 lakh in Q1 FY26.

Profit Before Tax (PBT): Expanded 267.54% YoY to ₹1,016.44 lakh against ₹276.55 lakh in Q1 FY26.

Net Profit After Tax (PAT): Rose 267.70% YoY to ₹760.08 lakh compared to ₹206.71 lakh in the corresponding quarter of the previous fiscal.

Expense Analysis (Consolidated)

Total consolidated expenses for Q1 FY27 rose 33.84% YoY to ₹5,154.47 lakh compared to ₹3,851.18 lakh in Q1 FY26, growing at a significantly slower pace than top-line revenue:

Cost of Materials Consumed: Stood at ₹1,292.54 lakh compared to ₹668.44 lakh in Q1 FY26.

Other Operating Expenses: Came in at ₹2,121.13 lakh against ₹1,969.41 lakh in Q1 FY26.

Employee Benefits Expense: Increased to ₹1,124.54 lakh compared to ₹714.35 lakh in Q1 FY26.

Finance Costs: Reduced to ₹172.21 lakh from ₹195.04 lakh in Q1 FY26 (down 19.02% QoQ from ₹212.67 lakh in Q4 FY26).

Depreciation & Amortisation Expense: Totaled ₹305.90 lakh compared to ₹213.92 lakh in Q1 FY26.

Other Expenses: Stood at ₹138.15 lakh against ₹90.02 lakh in Q1 FY26.

Segmental Performance & Asset Position

Drilling & Exploration Segment: Contributed the entire operational revenue of ₹6,168.21 lakh for the quarter, generating segment results of ₹1,057.72 lakh (up 278.26% YoY from ₹279.63 lakh in Q1 FY26). Segment assets for Drilling & Exploration stood at ₹32,855.38 lakh.

Coal Business Segment: Recorded zero revenue for the quarter. Segment assets stood at ₹2,127.52 lakh.

Joint Venture Contribution: Share of profit from joint ventures jumped to ₹132.24 lakh for Q1 FY27 compared to ₹30.53 lakh in Q1 FY26 and ₹88.66 lakh in Q4 FY26.

Capital Base: Paid-up equity share capital remained unchanged at ₹2,983.00 lakh (face value ₹10 per share). Standalone other equity stood at ₹17,268.42 lakh, while consolidated other equity stood at ₹17,370.23 lakh as per the audited balance sheet for the year ended March 31, 2026.

Shares of South West Pinnacle Exploration Limited was last trading in BSE at Rs. 236.40 as compared to the previous close of Rs. 226.50. The total number of shares traded during the day was 24989 in over 607 trades.

The stock hit an intraday high of Rs. 239.00 and intraday low of 228.85. The net turnover during the day was Rs. 5825850.00.

Source : Equity Bulls

Keywords

SouthWestPinnacleExploration INE980Y01015 Q1FY27 Q1FY2027 ResultUpdate