Purple Wave Infocom first-half profit rises to Rs 8.05 crore

Purple Wave Infocom Limited reported about Rs 8.05 crore of consolidated profit for the six months ended 30 September 2026, up from Rs 6.50 crore in the preceding half-year, as revenue from operations reached Rs 85.36 crore; receivables, inventories and borrowings also increased over 31 March 2026.

What did Purple Wave Infocom report for the first half?

Purple Wave Infocom reported consolidated profit for the period of about Rs 8.05 crore for the six months ended 30 September 2026, after profit before tax of Rs 10.73 crore and current tax expense of Rs 2.68 crore. The statement showed no deferred-tax expense, exceptional items or extraordinary items for the latest half-year.

The latest profit exceeded Rs 6.50 crore in the six months ended 31 March 2026 and Rs 6.82 crore in the six months ended 30 September 2025. Profit before tax also rose from Rs 8.90 crore in the preceding half-year and Rs 9.15 crore a year earlier, while revenue was higher than in both comparison periods.

How did Purple Wave Infocom's revenue and costs change?

Purple Wave Infocom's revenue from operations increased by Rs 26.93 crore from Rs 58.43 crore in the six months ended 31 March 2026 to Rs 85.36 crore in the September 2026 half-year. Revenue was also Rs 7.69 crore above the Rs 77.67 crore reported for the six months ended 30 September 2025, while total income in the latest half-year was Rs 85.55 crore.

Purchases were Rs 55.36 crore, direct expenses were Rs 9.52 crore and the charge for changes in inventories of traded goods was Rs 20.45 crore in the latest half-year. Employee benefits expense was Rs 3.90 crore, finance costs were Rs 1.38 crore and depreciation and amortisation expense was Rs 23.68 lakh, producing the reported Rs 10.73 crore profit before tax.

The latest half-year combined the highest revenue and profit of the three half-year periods shown in the consolidated statement. However, the income statement does not identify the timing of customer collections, while the balance sheet records trade receivables of Rs 64.97 crore at 30 September 2026, up from Rs 34.25 crore at 31 March 2026.

What changed in Purple Wave Infocom's working capital?

Purple Wave Infocom's inventories increased by Rs 24.45 crore to Rs 53.43 crore at 30 September 2026, and trade receivables increased by Rs 30.72 crore to Rs 64.97 crore. These two current-asset categories together rose by Rs 55.17 crore from their 31 March 2026 levels.

Cash and cash equivalents were Rs 1.04 crore at 30 September 2026, compared with Rs 6.83 crore in the 31 March 2026 balance-sheet comparison. Property, plant and equipment increased by Rs 9.19 crore to Rs 23.89 crore, while other current assets rose by Rs 4.95 crore to Rs 9.38 crore.

Trade payables increased by Rs 37.15 crore to Rs 49.45 crore over the same six-month period. The balance-sheet movements therefore show growth in inventory, customer receivables, fixed assets and supplier balances alongside the higher revenue reported in the half-year.

How was Purple Wave Infocom's cash requirement funded?

Purple Wave Infocom reported net cash used in operating activities of Rs 13.91 crore for the six months ended 30 September 2026 despite reporting Rs 10.73 crore of profit before tax. The cash-flow statement recorded inventory growth of Rs 22.44 crore and a Rs 30.72 crore increase in trade receivables as operating-asset cash uses.

An increase in trade payables of Rs 37.15 crore partly offset those working-capital outflows, and income tax paid was Rs 2.68 crore. Net cash used in investing activities was Rs 9.43 crore, reflecting purchases of property, plant and equipment during the six-month period.

Net cash from financing activities was Rs 17.50 crore, while the cash-flow statement recorded net proceeds from borrowings of Rs 18.87 crore and finance costs of Rs 1.38 crore. It also recorded Rs 1 lakh for investment in the wholly owned subsidiary, and the combined cash flows resulted in a Rs 5.84 crore decrease in cash and cash equivalents.

How did Purple Wave Infocom's borrowings change?

Purple Wave Infocom's current and non-current borrowings totalled Rs 35.75 crore at 30 September 2026, compared with Rs 16.88 crore at 31 March 2026. The Rs 18.87 crore increase matches the net borrowings proceeds shown in the consolidated cash-flow statement for the half-year.

Current borrowings increased by Rs 11.90 crore to Rs 26.19 crore, while non-current borrowings increased by Rs 6.97 crore to Rs 9.55 crore. Trade payables of Rs 49.45 crore and other current liabilities of Rs 3.14 crore were also included among the group's current liabilities at the reporting date.

The funding mix changed as the group added Rs 18.87 crore of borrowings while cash ended the period at Rs 1.04 crore. The filing does not provide a stated repayment schedule, borrowing purpose or management target for receivables and inventory in the supplied consolidated statements.

What did the limited review find at Purple Wave Infocom?

Purple Wave Infocom's unaudited consolidated results for the half-year ended 30 September 2026 were reviewed by Andros & Co., Chartered Accountants. The reviewer said nothing had come to its attention to indicate that the statement was not prepared in accordance with applicable recognition and measurement principles or contained a material misstatement.

The report specifies that the work was performed under Standard on Review Engagements 2410, which involves inquiries and analytical procedures and does not provide an audit opinion. The consolidated results include Nano Theatre Pvt Ltd, identified in the report as Purple Wave Infocom's 100%-owned subsidiary.

Conclusion

Purple Wave Infocom reported higher half-year revenue and profit, but the increase was accompanied by a Rs 55.17 crore rise in inventories and receivables, Rs 37.15 crore higher trade payables and Rs 18.87 crore additional borrowings. Operating cash flow was negative by Rs 13.91 crore and investing cash outflow was Rs 9.43 crore.

The unresolved item in the filing is the conversion of Rs 64.97 crore of receivables and Rs 53.43 crore of inventories into cash, against cash and cash equivalents of Rs 1.04 crore at 30 September 2026. Subsequent disclosures will also show whether current borrowings of Rs 26.19 crore and non-current borrowings of Rs 9.55 crore change after the reported half-year.