Modi Rubber Limited Reports ₹4.25 Crore Q1 Profit, Data Conflict

Modi Rubber Limited reported Q1 FY27 net profit of ₹4.25 crore, but the supplied disclosures list sales of ₹7.81 crore and separately cite consolidated revenue of ₹13.40 crore. The differing revenue figures make the company’s reported quarterly growth rates difficult to reconcile from the available information.

What did Modi Rubber report for Q1 FY27?

Modi Rubber reported net profit of ₹4.25 crore and earnings per share of ₹1.70 for the quarter ended June 2026, which was the first quarter of FY27. One results summary described consolidated revenue for the period as ₹13.40 crore and said revenue rose 35.2% quarter on quarter and 16.0% year on year.

However, another quarterly-results entry for the same June 2026 period listed sales at ₹7.81 crore. That entry said sales increased 10.0% from ₹7.10 crore in June 2025, while net profit fell 12.9% year on year. The supplied material also states that quarterly expenses declined 37.9% sequentially and increased 3.1% from a year earlier.

The profit comparison contains another unusual figure. The source says net profit decreased 130.6% quarter on quarter, although it does not provide a clear reconciliation for that calculation in the same summary. Modi Rubber’s March 2026 quarter had a consolidated net loss of ₹13.88 crore, according to a separate disclosure contained in the material.

Why do Modi Rubber’s reported revenue figures differ?

The available data presents more than one revenue measure for June 2026. A headline summary puts Q1 FY27 revenue at ₹13.40 crore, while the detailed quarterly sales table and a separate results note put June 2026 sales at ₹7.81 crore. Both figures are stated in crore rupees, but the supplied text does not explain whether they relate to different reporting scopes or line items.

The quarterly sales history supports the ₹7.81 crore figure as the reported June 2026 sales number. It shows sales of ₹12.03 crore in March 2026, ₹7.32 crore in December 2025, ₹7.81 crore in September 2025 and ₹7.10 crore in June 2025. On those disclosed sales numbers, June 2026 was lower than March 2026 but above June 2025.

Investors should therefore distinguish between the source’s stated consolidated-revenue growth commentary and the separately disclosed sales series. The material does not provide enough detail to establish why ₹13.40 crore and ₹7.81 crore are both used for the same quarter. The company’s financial results and accompanying notes remain the relevant documents for clarifying the reporting basis.

How does the June quarter compare with Modi Rubber’s recent results?

Modi Rubber’s June 2026 sales of ₹7.81 crore were ₹4.22 crore below the ₹12.03 crore shown for March 2026 in the quarterly table. They were ₹0.71 crore above the ₹7.10 crore recorded in June 2025. The supplied source accordingly describes a 10.0% year-on-year increase in sales.

Profitability also needs to be viewed against a volatile recent base. The March 2026 quarter recorded a consolidated net loss of ₹13.88 crore, compared with a net profit of ₹1.16 crore in the March 2025 quarter. The June 2026 profit of ₹4.25 crore followed that March-quarter loss, though the source’s stated sequential percentage change is not readily comparable with the figures provided.

For the full year ended March 2026, Modi Rubber reported sales of ₹4.24 crore, up 11.87% from ₹3.79 crore in FY25. Full-year net profit declined 96.87% to ₹0.64 crore from ₹20.46 crore. Separately, the supplied TTM data referred to revenue from operations of ₹3.79 crore and net profit of ₹20.46 crore, showing that different datasets in the source may use differing periods or bases.

What corporate events should Modi Rubber investors track?

Modi Rubber held its 53rd annual general meeting on September 30, 2026. Shareholders approved the audited FY26 financial statements and reappointed Alok Modi as Managing Director for five years, according to the supplied AGM update.

The Board was scheduled to meet in New Delhi on November 13, 2026 at 12.00 PM. Its stated agenda was to approve unaudited standalone and consolidated results for the quarter and half year ended September 30, 2026, and to consider the statutory auditors’ limited review report. Those results are the next disclosed financial update after the June quarter.

The company also informed the BSE and NSE that its trading restriction period began on October 1, 2026 and would continue until 48 hours after the announcement of financial results for the period ended December 31, 2026. The source additionally identifies an October 9, 2026 BSE corporate announcement on operational performance and quarterly growth.

What is the relevance for investors and the business?

The main issue for investors is the consistency of reported financial measures. Net profit of ₹4.25 crore and EPS of ₹1.70 provide identifiable Q1 FY27 profitability markers, but the two revenue figures and differing growth statements prevent a clean assessment of the quarter’s operating trajectory using the supplied information alone.

The March 2026 loss and the sharp fall in FY26 net profit also show that recent earnings have been uneven. The June 2026 profit is a positive reported outcome relative to the preceding quarter’s disclosed loss, but it does not by itself resolve the differences between sales, revenue and consolidated figures in the source material.

For market participants, the September-quarter results and the related limited review report are important because they may provide updated comparable numbers and fuller financial notes. Until then, conclusions about revenue growth, expense movement and sequential profitability should be tied to the individual reporting measure cited by Modi Rubber rather than treated as directly interchangeable.

Conclusion

Modi Rubber reported Q1 FY27 net profit of ₹4.25 crore and EPS of ₹1.70, while the source material showed June-quarter sales of ₹7.81 crore and a separate consolidated-revenue figure of ₹13.40 crore. The company’s June performance must therefore be read with care, particularly because the supplied sequential growth and profit-change percentages do not align clearly with every disclosed comparison figure.

The next item to watch is the Board’s consideration of unaudited results for the quarter and half year ended September 30, 2026, together with the statutory auditors’ limited review report. These disclosures may provide the comparatives and reporting definitions needed to assess Modi Rubber’s revenue and profit trend more consistently.