Thacker and Company Q1 FY27 profit falls 3.63% year on year

Thacker and Company Limited reported net profit of ₹6.10 crore for the quarter ended June 2026, down 3.63% year on year, while revenue declined 2.50% to ₹1.17 crore. The result matters because profit increased sharply from the preceding quarter even as reported operating revenue remained lower than a year earlier.

What did Thacker report for Q1 FY27?

Thacker reported revenue of ₹1.17 crore in the June 2026 quarter, compared with ₹1.26 crore in the March 2026 quarter, a sequential decline of 7.14%. The company described the year-on-year revenue movement as a decline of 2.50%. Its standalone quarterly sales table also shows sales of ₹1.17 crore for June 2026, following ₹1.26 crore in March 2026 and ₹1.20 crore in June 2025.

Operating profit stood at ₹1.04 crore, down 4.59% sequentially from ₹1.09 crore in March 2026. The reported operating profit was ₹1.02 crore in the June 2025 quarter, based on the standalone quarterly table. The June 2026 summary therefore indicated an operating margin of 88.9%, up 3.9 percentage points year on year.

The company reported profit before depreciation and tax of ₹6.51 crore, up 34.78% quarter on quarter from ₹4.83 crore. Profit before tax was ₹6.24 crore, rising 37.44% from ₹4.54 crore in the preceding quarter. Both measures were lower than the corresponding prior-year quarter by 3.70% and 3.55%, respectively, according to the supplied quarterly summary.

Why did quarterly profit move differently from revenue?

Net profit for June 2026 was reported at ₹6.10 crore, an increase of 39.27% from ₹4.38 crore in March 2026. However, the same summary said the June-quarter net profit was 3.63% below the comparable period a year earlier. Quarterly earnings per share were reported at ₹56.1 in the broad quarterly dataset, while another results table listed ₹5.80, showing that the supplied data contains differing presentations of the metric.

The difference between operating profit of ₹1.04 crore and net profit of ₹6.10 crore indicates that items outside the stated operating-profit line had a material effect on the reported bottom line. The information provided does not identify the nature of these items. Therefore, the available figures do not establish whether the gap arose from other income, exceptional items, tax treatment, or another accounting adjustment.

The supplied results also contain inconsistent revenue and profit figures in a separate as-filed table. That table lists June 2026 revenue at ₹0.55 crore and net profit at ₹0.63 crore, whereas the quarterly summary lists revenue at ₹1.17 crore and net profit at ₹6.10 crore. Investors should rely on the unaudited financial statements and limited review report when released or filed to confirm the applicable reporting basis.

What do the annual figures show for Thacker?

The annual information supplied for the year ended March 2026 also varies across datasets. One statement says total revenue was ₹4.64 crore, converted from ₹46.37 million, and annual net income was ₹19.12 crore. It also lists annual gross profit at ₹4.60 crore, converted from ₹45.97 million.

A separate statement says Thacker reported FY26 net profit of ₹3.01 crore, down from ₹3.53 crore in the previous year, with total income from operations of ₹5.76 crore. Another as-filed table lists FY25-26 revenue of ₹2.33 crore, net profit of ₹3.01 crore, earnings per share of ₹27.62 and operating margin of 221.49%.

These differences may reflect different line-item definitions, reporting scopes, source formatting or datasets, but the material provided does not provide a reconciliation. The figures should not be combined to calculate growth rates or valuation ratios. The consistent directional point in the annual narrative is that the cited FY26 profit of ₹3.01 crore was below the cited FY25 profit of ₹3.53 crore.

When will Thacker release its September 2026 results?

Thacker's board meeting was scheduled for Monday, 2 November 2026 to consider and approve unaudited standalone and consolidated financial results for the quarter and half year ended 30 September 2026. The board was also scheduled to review the limited review reports for the same reporting period.

The company had issued the board-meeting intimation on 24 October 2026. The announcement stated that the trading window would remain closed until 4 November 2026. The supplied material does not include the September-quarter financial outcome, only the planned consideration of those results.

The September-quarter release is relevant because it will provide the next disclosed revenue and profit data after the June quarter. It may also clarify whether the substantial difference between operating profit and reported net profit continued, although no outcome can be inferred before the company publishes its statements.

How should investors read the reported numbers?

For investors, the June-quarter update presents two separate trends. Revenue and operating profit were lower sequentially, while reported net profit, PBDT and profit before tax rose from the March quarter. The year-on-year comparison in the summary showed declines in revenue, PBDT, profit before tax and net profit.

The wide variation among the supplied annual and quarterly tables is an important limitation. Revenue is shown in different places as ₹1.17 crore and ₹0.55 crore for June 2026, while net profit is shown as ₹6.10 crore and ₹0.63 crore. A review of the company-filed standalone and consolidated results, accompanying notes, and limited review reports is necessary before drawing conclusions about underlying profitability or margins.

Conclusion

Thacker's June 2026 quarterly summary showed revenue of ₹1.17 crore and net profit of ₹6.10 crore. Revenue was lower both sequentially and year on year, while net profit increased from the March quarter but remained 3.63% below the prior-year quarter. The available information also shows significant inconsistencies across reported datasets, particularly for revenue and profit.

The next item to watch is the board's consideration of unaudited standalone and consolidated results for the quarter and half year ended 30 September 2026, scheduled for 2 November 2026. The financial statements and limited review reports will be important for confirming reported figures, the applicable reporting scope and the components behind profitability.