Omega Interactive revenue doubles as Q2 profit falls 53%

Omega Interactive Technologies Limited reported consolidated revenue from operations of Rs 45.14 crore in the quarter ended September 30, 2026, up 132% from Rs 19.45 crore a year earlier, while profit for the period fell 53% to Rs 88.95 lakh from Rs 1.88 crore.

Why did Omega Interactive’s Q2 profit fall despite higher revenue?

Omega Interactive’s profit for the September 2026 quarter fell to Rs 88.95 lakh as purchases of stock-in-trade rose to Rs 60.86 crore from Rs 17.41 crore a year earlier. The filing does not provide management’s explanation for the profit movement, so it establishes the changes in reported income and cost lines rather than a specific cause.

The quarter included a Rs 26.10 crore reduction in inventories of finished goods, work-in-progress and stock-in-trade, while no comparable amount was shown for the quarter ended September 30, 2025. Employee-benefit expense increased to Rs 17.08 lakh from Rs 8.95 lakh, and other expenses rose to Rs 31.87 lakh from Rs 6.10 lakh.

Omega Interactive reported no current-tax expense in either the September 2026 or September 2025 quarter. Profit before tax therefore matched profit for the period at Rs 88.95 lakh in the latest quarter, and the company reported no exceptional items or discontinued-operation result in either period.

How did Omega Interactive perform against the June quarter?

Omega Interactive’s September 2026 revenue was 42% lower than the Rs 78.35 crore reported for the quarter ended June 30, 2026, while profit for the period declined 83% from Rs 5.16 crore. Profit before tax declined from Rs 6.62 crore in June to Rs 88.95 lakh in September.

Purchases of stock-in-trade were Rs 60.86 crore in the September quarter, compared with Rs 71.57 crore in the June quarter. The June quarter included current-tax expense of Rs 1.47 crore, whereas the September quarter recorded no current tax, leaving September profit before tax and profit for the period at the same Rs 88.95 lakh.

The filing says the September 2026 quarterly figures are balancing figures between the unaudited half-year results and the previously published June 2026 results. Omega Interactive operates in one reportable segment under Indian Accounting Standard 108, Operating Segments, so the announcement does not provide revenue, cost or profit by business line.

What do Omega Interactive’s first-half results show?

Omega Interactive reported first-half revenue from operations of Rs 123.49 crore for the half year ended September 30, 2026, compared with Rs 40.48 crore in the corresponding 2025 period. Profit for the period rose to Rs 6.05 crore from Rs 2.08 crore, despite the lower year-on-year profit in the September quarter.

Purchases of stock-in-trade reached Rs 141.42 crore in the latest half year, compared with Rs 35.85 crore a year earlier. The latest period also included a Rs 26.10 crore reduction in inventories, while employee-benefit expense declined to Rs 28.49 lakh from Rs 34.12 lakh and other expenses increased to Rs 36.09 lakh from Rs 21.20 lakh.

The gap between first-half profit before tax of Rs 7.51 crore and profit for the period of Rs 6.05 crore reflected the Rs 1.47 crore current-tax expense recorded in the June 2026 quarter. For the year ended March 31, 2026, Omega Interactive had reported revenue from operations of Rs 149.25 crore and profit for the year of Rs 9.03 crore.

What changed in Omega Interactive’s balance sheet and cash flow?

Omega Interactive’s consolidated assets rose to Rs 296.18 crore at September 30, 2026, from Rs 130.22 crore at March 31, 2026. Current assets were Rs 293.59 crore, comprising loans of Rs 158.37 crore, trade receivables of Rs 109.50 crore and inventories of Rs 22.89 crore.

Total equity increased to Rs 103.56 crore at September 30 from Rs 69.17 crore at March 31. Equity share capital rose to Rs 8.34 crore from Rs 2.59 crore, while other equity increased to Rs 95.22 crore from Rs 66.57 crore; the filing says Omega Interactive received money against share warrants and allotted equity shares during the half year.

Operating activities used Rs 77.34 crore of cash in the half year ended September 30, 2026, compared with Rs 5.17 crore generated in the prior-year period. The disclosed working-capital movements included a Rs 126.87 crore increase in loans, a Rs 21.15 crore increase in inventories and a Rs 17.56 crore increase in trade receivables, partly offset by a Rs 19.75 crore increase in trade payables.

Financing activities generated Rs 76.35 crore during the latest half year, including Rs 48 crore of net borrowings and Rs 28.35 crore from equity shares, warrants or application money. Cash and cash equivalents declined to Rs 85.02 lakh at September 30, 2026, from Rs 1.84 crore at March 31, 2026.

Conclusion

Omega Interactive’s September-quarter results show that a 132% increase in consolidated revenue to Rs 45.14 crore was accompanied by a 53% decline in profit to Rs 88.95 lakh. First-half revenue and profit remained higher year on year at Rs 123.49 crore and Rs 6.05 crore respectively, while purchases of stock-in-trade rose materially across both periods.

The next reported results will indicate how revenue compares with the Rs 78.35 crore recorded in the June 2026 quarter and whether the September 30 balance-sheet movements continue. The disclosed matters to monitor include Rs 48 crore of net borrowings, Rs 28.35 crore of financing inflows from equity shares, warrants or application money, and cash of Rs 85.02 lakh.