Latest news with #Q1FY26
Entrepreneur
06-08-2025
- Business
- Entrepreneur
Higher ARPU & Home Business Helps Bharti Airtel Record Net Profit Of 43% In Q1FY26
Our balance sheet continues to demonstrate strength, supported by solid cash flow generation and disciplined capital allocation, says Gopal Vittal, vice- chairman and MD, Bharti Airtel You're reading Entrepreneur India, an international franchise of Entrepreneur Media. Telecom major Bharti Airtel Ltd reported a 43 percent jump in consolidated net profit at INR 5,948 crore for the quarter ended June 30, 2025 on the back of growth in smartphone data customers, improvement in postpaid plans, increased mobile ARPU at INR 250 in Q1'26, and improvement in home business. During the quarter, it expanded its nationwide network by installing additional towers and mobile broadband stations to enhance customer homes business demonstrated robust momentum, achieving 25.7 percent year-on-year (YoY) revenue growth driven by high customer additions. During the quarter, accelerated expansion of fixed wireless access (FWA) network resulted in total Wifi net addition of 939,000 customers. Airtel's revenue from operations rose 28 percent YoY to INR 49,463 crore in the June quarter (Q1FY26), up from INR 38,506 crore a year its enterprise arm, Airtel Business revenue declined by 7.7 percent YoY, impacted by focusing on quality revenues and discontinuing low margin business. In a statement, Gopal Vittal, vice- chairman and MD, said, "We delivered another quarter of consistent growth, with consolidated revenues at 49,463 crores growing 3.3 percent on a sequential basis. Our India revenue, including Passive Infrastructure Services, increased by 2.3 percent sequentially. Africa reported solid performance with 6.7 percent growth in constant currency." India Mobile business recorded a sequential growth of 2.9 percent driven by continued focus on portfolio premiumization. " We added four million smartphone data customers and maintained an industry-leading ARPU of INR 250 for Q1FY26," the MD added. Airtel's digital network across India and Africa now serves over 600 million customers. "This is a testament to our passion for connecting customers through sustained investments and superior customer experience. Our balance sheet continues to demonstrate strength, supported by solid cash flow generation and disciplined capital allocation," he said.
Yahoo
05-08-2025
- Business
- Yahoo
Ajax Engineering Ltd (NSE:AJAXENGG) Q1 2026 Earnings Call Highlights: Navigating Flat Revenues ...
Revenue from Operations: ?467 crores in Q1 FY26, flat compared to ?469 crores in Q1 FY25. SLCM Segment Revenue: ?385 crores in Q1 FY26, flat compared to ?386 crores in Q1 FY25. Non-SLCM Segment Volume Growth: 25% year-on-year. Non-SLCM Segment Revenue Decline: 8% year-on-year due to product mix change. Spares and Service Business Revenue Growth: 8% year-on-year, reaching ?37 crores in Q1 FY26. Exports Contribution: 5% of total revenue in Q1 FY26. Gross Margin: 25.8% in Q1 FY26, down from 30.3% in Q1 FY25. EBITDA: ?61 crores in Q1 FY26, a decline of 23% from ?80 crores in Q1 FY25. EBITDA Margin: 13.2% in Q1 FY26, down from 17.1% in Q1 FY25. Profit After Tax: ?53 crores in Q1 FY26, compared to ?67 crores in Q1 FY25. Debt Status: Debt-free with a strong cash position. Warning! GuruFocus has detected 1 Warning Sign with NSE:AJAXENGG. Release Date: August 04, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points Ajax Engineering Ltd (NSE:AJAXENGG) reported a 19% revenue growth in FY25, driven by strong volumes in its core segment, SOCMs. The company successfully launched its new CV 5 emission compliance machine in Q4 FY25, indicating strong operational preparedness and adaptability to regulatory changes. Ajax Engineering Ltd (NSE:AJAXENGG) has maintained a robust cash position and remains debt-free, providing financial muscle to pursue growth ambitions. The non-SLCM segment is gaining positive momentum, with a 25% volume growth year-on-year, driven by batching plants and associated transit mixers. The company has expanded its dealer network and is building a B2B channel in the top 8 metro cities, which is expected to be a key growth driver for the non-SLCM business. Negative Points The transition to CV 5 emission standards has led to an increase in material costs, impacting gross margins negatively. Revenue from operations for Q1 FY26 remained flat compared to the previous year, with a slight decline in the non-SLCM segment due to product mix changes. The on-ground execution of infrastructure projects has slowed down, affecting industry demand and impacting Ajax Engineering Ltd (NSE:AJAXENGG)'s business. The company experienced a decline in overall market share in the SLCM segment during the quarter, attributed to unsustainable business practices in the industry. Gross margin for Q1 FY26 stood at 25.8%, down from 30.3% in Q1 FY25, due to increased production costs for CV 5 machines and changes in product mix. Q & A Highlights Q: Can you provide details on the mix of non-SLCM in the quarter and what explains the strong volume growth? A: The non-SLCM segment saw a 25% volume growth driven by batching plants and associated transit mixers. This aligns with our focus on expanding the non-SLCM portfolio. (Tuhin Basu, CFO) Q: What was the mix of C4 and CV5 machines in the quarter? A: CV5 machines contributed approximately 90% of the revenue, with CV4 machines making up the remaining 10%. (Tuhin Basu, CFO) Q: How is the acceptance of smaller SLCM machines, and when will they be available nationwide? A: Initial feedback has been positive, and we are conducting soft launches with select dealers. We expect broader availability in the second half of the year. (Shubhabrata Saha, CEO) Q: What is the impact of CV5 on gross margins, and will there be a price hike to offset costs? A: The transition to CV5 standards has increased material costs, impacting gross margins by about 400 basis points. We plan to carefully adjust pricing based on market conditions. (Tuhin Basu, CFO) Q: What is the company's strategy regarding dividend payouts and cash reserves? A: The board has decided to reinvest cash reserves to support growth, both organic and inorganic. We are actively exploring opportunities but remain cautious about financial and business prudence. (Tuhin Basu, CFO) For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
11-07-2025
- Business
- Yahoo
Tata Elxsi Ltd (BOM:500408) Q1 2026 Earnings Call Highlights: Navigating Challenges with ...
Operating Revenue: INR 892.1 crores for Q1 FY26. EBITDA Margin: 20.9% for the quarter. PBT Margin: 21.1% for the quarter. Transportation Business Revenue: Over 50% of overall revenues, flat in constant currency terms. Media and Communication Business: Decline of 5.5% QoQ in constant currency. Healthcare and Life Sciences Segment: Decline of 6.7% QoQ in constant currency. Talent Addition: Over 400 fresh engineers planned for the quarter. Warning! GuruFocus has detected 2 Warning Sign with BOM:500408. Release Date: July 10, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Tata Elxsi Ltd (BOM:500408) reported an operating revenue of INR892.1 crores for Q1 FY26, with an EBITDA margin of 20.9% and PBT margin of 21.1%. The Transportation business, which represents over 50% of overall revenues, remained stable in constant currency terms despite industry challenges. Large deals in SDV vehicle engineering with Mercedes-Benz and Suzuki are ramping up, with a healthy pipeline of strategic deals in Japan, US, and Europe. The company is expanding its customer base in the Healthcare and Life Sciences segment, with key wins from a global pharma and biotech leader from Europe and a medtech leader from Japan. Tata Elxsi Ltd (BOM:500408) is investing in talent, planning to add over 400 fresh engineers, and expects improvement in bottom line and margins as major business segments return to growth. Geopolitical uncertainty and industry-specific issues have impacted R&D spend and deal closures across key regions. The Media and Communication business reported a decline of 5.5% QoQ in constant currency, affected by transition investments in consolidation deals. Healthcare and Life Sciences segment declined 6.7% quarter on quarter in constant currency, primarily due to tariff-related impacts on medical devices in the US. The Tier 1 supplier business in the automotive sector continues to face challenges, affecting overall growth. Margins have been under pressure due to limited revenue growth and the impact of large consolidation deals with lower initial commercial terms. Q: Can you comment on the demand pattern in the Auto vertical and the issues in the Healthcare segment? A: (Manoj Raghavan, CEO) In the Auto sector, we see deals coming through in Europe and the APAC region, with ramp-ups accelerating. The US market remains slow, but other regions show better visibility. In Healthcare, two large US customers paused new projects due to uncertainties, but we expect these to restart soon. We are also expanding our customer base with new logos in Europe and Japan. Q: What is the outlook for your top customer and margin trends? A: (Manoj Raghavan, CEO) For our top customer, JLR, we expect to maintain current levels with some incremental growth. Regarding margins, the decline is due to revenue drops. We aim to gradually improve margins over the next three quarters, targeting a return to historical levels in the medium term. Q: Can you provide an update on the government PLI scheme and the semiconductor factory in Gujarat? A: (Manoj Raghavan, CEO) The semiconductor factory in Gujarat is a Tata Electronics project, not Tata Elxsi. However, Tata Electronics is a customer, and we support them in some projects. Q: How are different segments within the Transportation business performing? A: (Manoj Raghavan, CEO) Our Transportation business has shown growth in actual currencies, ending flat in constant currencies. About 72% to 75% of our revenues now come from OEMs, with Tier 1s reducing. We see deal closures in off-road and commercial vehicle segments, and we are building teams in aerospace and defense. Q: What is the impact of AI and GenAI on your operations and headcount? A: (Manoj Raghavan, CEO) While AI and GenAI are being integrated, their impact on headcount is not dramatic due to legal and liability issues. AI can optimize certain tasks, but it is not a universal solution for reducing manpower across all projects. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
11-07-2025
- Business
- Yahoo
GTPL Hathway Ltd: Quarterly Revenue crosses ₹ 900 Cr., increases 7% Y-o-Y
AHMEDABAD, India, July 11, 2025 /PRNewswire/ -- GTPL Hathway Limited, India's largest Digital Cable TV Service Provider and a leading Broadband Service provider, announced its Financial Results for the Quarter ended June 30, 2025. Key Financial Highlights: Key Consolidated Business & Financial Highlights: Q1 FY26 (Y-o-Y Annual) Q1 FY26 Total revenue stood at ₹ 9091 Mn, a growth of 7% Y-o-Y EBITDA for Q1 FY26 was ₹ 1123 Mn with an EBITDA Margin of 12.4% & an operating EBITDA margin of 22% Q1 FY26 Profit After Tax stood at ₹ 105 Mn Particulars (₹ in million) Q1 FY26 Q1 FY25 Q4 FY25 FY25 Digital Cable TV Revenue 3,018 3,193 2,982 12,327 Broadband Revenue 1,359 1,348 1,358 5,456 TOTAL Revenue 9,091 8,506 8,989 35,072 EBITDA 1,123 1,205 1,144 4,625 EBITDA Margin (%) 12.4 % 14.2 % 12.7 % 13.2 % Operating EBITDA* (%) 22 % 23 % 22 % 22 % Profit After Tax 105 143 105 479 Operational Highlights Digital Cable TV Active subscribers were 9.60 Mn as of June 30, 2025 Paying subscribers stood at 8.90 Mn as of June 30,2025 Subscription revenue from Cable TV stood at ₹ 3018 Mn for Q1FY26 Broadband Increase in broadband subscribers by 20K Y-o-Y thus standing at 1050K Broadband revenue increased by 1% to ₹ 1359 Mn for Q1 FY26 Y-o-Y Homepass as on June 30, 2025, stood at 5.95 Mn – an addition of 50K Y-o-Y. Of the 5.95Mn, 75% available for FTTX conversion Broadband average revenue per user (ARPU) stood at ₹ 465 per month per subscriber, increased ₹ 5 Y-o-Y. Average data consumption per user per month was 410 GB, an increase of 17% Y-o-Y Commenting on the results, Mr. Anirudhsinh Jadeja – Managing Director, GTPL Hathway Limited, said, "It pleases me to report that the company has sustained its subscriber base across both our Cable TV and Broadband businesses, demonstrating operational resilience in a dynamically evolving and competitive industry landscape. This consistency reflects the strength of our customer relationships, the reliability of our service offerings, and the agility of our teams to adapt in a challenging environment. Looking ahead, the upcoming financial year will be pivotal for us. We are set to advance our capabilities in the distribution of television services, where we expect to realize tangible benefits over the medium term. Our long-term strategies remain firmly focused on sustainable growth, digital transformation, and delivering enhanced value to our customers. We continue to invest in upgrading our infrastructure, deploying emerging technologies, and innovating with consumer-centric solutions to meet the evolving demands of our subscribers. As the industry transitions, we remain optimistic about tapping into new opportunities while strengthening our core operations." About GTPL Hathway Limited GTPL Hathway Limited is India's largest MSO providing Digital Cable TV services and is one of the largest Private Wireline Broadband service providers in India. The Company is the largest Digital Cable TV and Wireline Broadband Service Provider in Gujarat & is a leading Digital Cable TV Service provider in West Bengal. The Company's Digital Cable TV services reach 1,500 plus towns across India in 26 states. The company enjoys an expansive network, comprising 48,000+ business partners, 200+ broadcasters, 1,750+ enterprise clientele, and active participation in 30+ government projects. The company offers an enviable catalogue of 975+ TV Channels with 130+ channels which are GTPL Owned & Operated Platform Services. As on June 30, 2025, the Company has 9.60 million Active Digital Cable TV Subscribers and 1.05 million Broadband Subscribers and a Broadband Home-pass of about 5.95 million. Safe Harbor Any forward-looking statements about expected future events, financial and operating results of the Company are based on certain assumptions which the Company does not guarantee the fulfilment of. These statements are subject to risks and uncertainties. Actual results might differ substantially or materially from those expressed or implied. Important developments that could affect the Company's operations include a downtrend in the industry, global or domestic or both, significant changes in political and economic environment in India or key markets abroad, tax laws, litigation, labor relations, exchange rate fluctuations, technological changes, investment and business income, cash flow projections, interest, and other costs. The Company does not undertake any obligation to update forward-looking statements to reflect events or circumstances after the date thereof. Logo - View original content to download multimedia: Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
