Wisec Global revenue falls to Rs 21.82 lakh, posts loss

WISEC GLOBAL LIMITED reported revenue from operations of Rs 21.82 lakh and a net loss of Rs 4.92 lakh for the quarter ended 30 September 2026, compared with revenue of Rs 406.82 lakh and profit of Rs 10.92 lakh in the preceding quarter. The September result included Rs 5.58 lakh of finance cost.

What changed in Wisec Global's September quarter?

Wisec Global's revenue from operations fell by Rs 385 lakh to Rs 21.82 lakh in the three months ended 30 September 2026, from Rs 406.82 lakh in the preceding three months ended 30 June 2026. Revenue in the corresponding quarter of the previous year was Rs 0.01 lakh, showing that the company's reported sales remained above that earlier base despite the sequential decline.

Total expenses decreased to Rs 26.73 lakh from Rs 395.90 lakh in the June 2026 quarter, but the Rs 369.17 lakh fall in expenses was smaller than the Rs 385 lakh decline in revenue. Profit before tax therefore changed from a profit of Rs 10.92 lakh to a loss of Rs 4.92 lakh. The statement reported no exceptional items and no current or deferred tax expense in either quarter.

Wisec Global reported basic and diluted loss per share of Rs 0.04 for the September 2026 quarter, against earnings per share of Rs 0.09 in the June 2026 quarter. In the three months ended 30 September 2025, it had reported a Rs 3.50 lakh loss and loss per share of Rs 0.03.

Which segments changed Wisec Global's revenue mix?

Wisec Global's groceries revenue fell to Rs 0.09 lakh in the September 2026 quarter from Rs 405.21 lakh in the June 2026 quarter, a decrease of Rs 405.12 lakh. That decline was partly offset by Rs 21.32 lakh of revenue in the Others segment, which had no reported revenue in the preceding quarter.

Advertising revenue declined to Rs 0.41 lakh from Rs 1.10 lakh, while dry-fruits revenue was nil after Rs 0.51 lakh in June. The segment statement reported no inter-segment revenue in either quarter. Its total segment revenue of Rs 21.82 lakh reconciled with revenue from operations in the standalone income statement.

Segment profit before interest and tax totalled Rs 1.50 lakh in the September quarter, down from Rs 12.32 lakh in June. Groceries contributed Rs 0.01 lakh, versus Rs 12.68 lakh in the prior quarter; advertising produced Rs 0.87 lakh after a Rs 0.87 lakh loss; and Others contributed Rs 0.61 lakh.

Why did Wisec Global report a quarterly loss?

Wisec Global reported a pre-tax loss because Rs 1.50 lakh of combined segment profit was exceeded by Rs 5.58 lakh of finance cost and Rs 0.84 lakh of other unallocable expenditure net of unallocable income. Those items reconcile to the Rs 4.92 lakh loss before tax for the quarter ended 30 September 2026.

Finance cost was nil in the June 2026 quarter, while other unallocable expenditure net of unallocable income was Rs 1.39 lakh. Alongside the emergence of the Rs 5.58 lakh finance charge, total segment profit declined by Rs 10.82 lakh sequentially, from Rs 12.32 lakh to Rs 1.50 lakh.

Purchases of stock-in-trade decreased to Rs 20.30 lakh from Rs 394.51 lakh, in line with the lower revenue base. Other expenses fell to Rs 0.74 lakh from Rs 0.93 lakh, while depreciation and amortisation expense was Rs 0.10 lakh in September. These items formed part of total quarterly expenses of Rs 26.73 lakh.

What does Wisec Global's balance sheet show at September 2026?

Wisec Global reported total assets of Rs 1.6815 crore at 30 September 2026, compared with Rs 32.75 lakh at 31 March 2026. Other non-current assets increased to Rs 1.6419 crore from Rs 28 lakh, while property, plant and equipment decreased to Rs 0.44 lakh from Rs 0.54 lakh.

Current assets were Rs 3.37 lakh at 30 September, compared with Rs 4.06 lakh at the March 2026 year-end. Cash and cash equivalents fell to Rs 0.82 lakh from Rs 3.17 lakh, inventories declined to nil from Rs 0.47 lakh, and trade receivables rose to Rs 2.55 lakh from Rs 0.41 lakh.

Total equity was negative Rs 35.86 lakh at 30 September 2026, compared with negative Rs 41.86 lakh at 31 March 2026. Paid-up equity share capital was unchanged at Rs 11.65 crore, while other equity was negative Rs 12.0087 crore. Long-term borrowings were Rs 62.43 lakh, down from Rs 63.85 lakh, while trade payables increased to Rs 1.404 crore from Rs 9.84 lakh.

A separate disclosure dated 14 November 2026 stated that loans or revolving facilities, unlisted debt securities and total financial indebtedness were each Rs 0. This differs from the Rs 62.43 lakh of long-term borrowings shown in the 30 September 2026 balance sheet, and the filing does not explain the difference.

How did Wisec Global perform in the half year ended September?

Wisec Global reported revenue from operations of Rs 4.2864 crore for the half year ended 30 September 2026, compared with Rs 0.01 lakh in the previous half year. The first-half total comprised Rs 406.82 lakh in the June quarter and Rs 21.82 lakh in the September quarter, meaning the June quarter accounted for most of the reported first-half revenue.

Profit before tax was Rs 6.01 lakh for the half year, compared with a loss before tax of Rs 6.59 lakh in the previous half year. Segment results were Rs 13.81 lakh, including Rs 12.69 lakh from groceries, before deductions of Rs 5.58 lakh for finance cost and Rs 2.23 lakh for other unallocable expenditure net of unallocable income.

Net cash used in operating activities was Rs 0.93 lakh for the period ended 30 September 2026, compared with Rs 12.89 lakh used in the previous financial year ended 31 March 2026. The cash-flow statement recorded a Rs 136.19 lakh increase in other current assets and a Rs 130.56 lakh increase in trade payables. Cash and cash equivalents decreased by Rs 2.35 lakh during the September 2026 period to Rs 0.82 lakh.

Conclusion

Wisec Global's September-quarter loss followed a sharp reduction in groceries revenue, from Rs 405.21 lakh in the June quarter to Rs 0.09 lakh. Revenue from Others of Rs 21.32 lakh and advertising revenue of Rs 0.41 lakh did not offset the decline, while finance cost of Rs 5.58 lakh and unallocable expenditure of Rs 0.84 lakh moved the company to a loss.

The next reported period will show whether Wisec Global can build on the Rs 4.2864 crore of revenue recorded in the half year ended 30 September 2026 after the September-quarter slowdown. The filing also leaves unresolved the difference between the Rs 62.43 lakh long-term borrowings in the balance sheet and the separate disclosure of Rs 0 total financial indebtedness.