Winny Immigration & Education Services Reports ₹6.33 Cr FY26 Loss
Key highlights
- Winny Immigration & Education Services reported a ₹6.33 crore net loss for FY26.
- Revenue from operations fell 72.52% to ₹2.25 crore in FY26 from ₹8.19 crore in FY25.
- Winny Immigration reported H1 FY27 revenue of ₹1.50 crore and a net loss of ₹1.20 crore.
- The company raised ₹9.13 crore through its IPO and had utilised ₹6.40 crore by September 30, 2026.
powered by IRIS

Winny Immigration & Education Services Limited reported a net loss of ₹6.33 crore for FY26, while revenue from operations fell 72.52% year on year to ₹2.25 crore from ₹8.19 crore in FY25. The result matters because the company’s revenue base and operating profitability weakened sharply during the year.
Know Winny Immigration & Education Services inside out
Results, valuation, peers and who's buying, in one view.
What did Winny Immigration report for FY26?
Winny Immigration reported a net loss of ₹6.33 crore for the year ended March 31, 2026. Its revenue from operations was ₹2.25 crore, compared with ₹8.19 crore in the preceding financial year. The FY26 result was reported after the board considered and approved the audited annual financial results on May 27, 2026.
The revenue decline was accompanied by negative operating profitability. Annual financial data shows revenue rounded to ₹3 crore for FY26, expenses of ₹7 crore and EBITDA of negative ₹5 crore. The same data set shows an operating profit margin of negative 211% for the year, compared with negative 75% in FY25. The rounded annual dashboard values differ from the more precise revenue-from-operations figure in the result summary.
Why did Winny Immigration's FY26 performance weaken?
Winny Immigration's disclosed financial data establishes that the main pressure in FY26 was a steep reduction in revenue from operations. Revenue fell by nearly three-fourths from the FY25 level, while the annual data continued to show expenses above revenue. The available material does not identify a specific operational reason for the decline.
The quarterly figures show that the pressure persisted into the second half of FY26. Revenue was ₹1.79 crore in the quarter ended September 2025 and ₹0.46 crore in the quarter ended March 2026. Operating profit was negative ₹2 crore and negative ₹3 crore respectively, while operating margins were negative 117.9% and negative 571.7%.
The March 2026 quarter also recorded an EPS of negative ₹21.3, against negative ₹7.8 in the September 2025 quarter. These numbers indicate that the lower revenue level was not sufficient to cover the company’s reported cost base during those periods. No interest or depreciation expense was shown in the annual financial dashboard for FY26.
What do Winny Immigration's latest H1 FY27 figures show?
Winny Immigration reported revenue from operations of ₹1.50 crore and a net loss of ₹1.20 crore for the half year ended September 30, 2026. Revenue was 16.7% lower year on year, according to the available H1 FY27 result summary. The board approved the unaudited half-yearly financial results on November 5, 2026.
The November 5 board-meeting disclosures state that the results were considered along with other business matters. This followed the company’s May 27, 2026 board meeting for the annual audited results for the year ended March 2026. The disclosures specify that the financial results are considered on a standalone basis.
The H1 FY27 figures provide the first reported half-year update after the FY26 annual loss. However, the disclosed summary does not provide a detailed break-up of expenses, margins or profit and loss for each quarter within the half year. As a result, the available information supports a revenue and net-loss comparison, but not a detailed assessment of the cost movements behind the H1 outcome.
Got a follow-up? Ask IRIS
How is Winny Immigration using its IPO proceeds?
Winny Immigration disclosed that it had raised ₹9.13 crore through its IPO and had utilised ₹6.40 crore as of September 30, 2026. The company filed its IPO fund-utilisation report on November 5, 2026, alongside the half-yearly result disclosures.
The company stated that there was no deviation or variation in the use of IPO proceeds. Based on the disclosed raised and utilised amounts, approximately ₹2.72 crore remained unutilised as of September 30, 2026. The filing does not provide further details in the supplied material on the timing or purpose of the remaining utilisation.
For shareholders, IPO fund deployment is relevant because it indicates how much of the capital raised has been used while the business reports losses. The company’s disclosure is limited to the utilisation amount and the statement that no deviation was reported. It does not itself establish whether the use of funds will change revenue, margins or profitability.
What has been the market and industry context for Winny Immigration?
Winny Immigration operates in the educational institutions industry and is classified under the miscellaneous sector. The company describes itself as a multi-vertical organisation providing solutions across visa categories in India’s global mobility, immigration, education and travel visa services market.
The supplied corporate-action data lists a share price of ₹45.95 at the May 27, 2026 quarterly-result announcement and ₹41.55 on the listed record-day reference. These figures show the prices recorded in the source table, but the supplied information does not establish that the movement was caused solely by the annual result.
The financial data gives investors a clear set of reported indicators to monitor: revenue from operations, continuing losses, negative operating margins and utilisation of IPO funds. The available filings do not include management guidance, an order-book figure, a turnaround target or a dividend announcement. No dividend was declared in connection with the Q4 FY26 result.
Conclusion
Winny Immigration & Education Services Limited ended FY26 with revenue from operations of ₹2.25 crore and a net loss of ₹6.33 crore, following a 72.52% annual fall in revenue. The subsequent H1 FY27 update showed revenue of ₹1.50 crore and a net loss of ₹1.20 crore, indicating that losses continued while revenue remained below the prior-year level.
The next disclosures to watch are updates on the remaining IPO proceeds, which were about ₹2.72 crore unutilised as of September 30, 2026, and future financial results that provide more detail on revenue and costs. The company has stated that there was no deviation in IPO fund utilisation, but the supplied disclosures do not specify a timetable for deploying the balance.


