Summary of Key Information:
Reporting Period (Quarter/Year): Quarter ended 30 June 2026 (Q1 FY27)
Nature of Filing / Announcement: Outcome of Board Meeting - Unaudited Standalone and Consolidated Financial Results
Audit Opinion:
Clean Review Report - No material misstatements identified. The limited review was conducted by Walker Chandiok & Co LLP in accordance with SRE 2410.
Key Financial Highlights [Amounts in millions of ₹]:
Standalone Results:
Revenue from Operations: ₹24,189.50 (Q1 FY27) vs ₹17,393.90 (Q1 FY26) - 39.1% YoY increase
Total Income: ₹24,208.90 (Q1 FY27) vs ₹17,406.50 (Q1 FY26)
Net Profit: ₹1,206.25 (Q1 FY27) vs ₹216.46 (Q1 FY26) - 457.3% YoY increase
EPS: ₹3.14 (Basic and Diluted) vs ₹0.56 (Q1 FY26)
Other Equity: ₹12,415.53 (as of 31 March 2026)
Paid-up Equity Share Capital: ₹3,847.49 (Face value ₹10 each)
Consolidated Results:
Revenue from Operations: ₹24,189.50 (Q1 FY27) vs ₹17,393.90 (Q1 FY26) - 39.1% YoY increase
Total Income: ₹24,209.00 (Q1 FY27) vs ₹17,406.51 (Q1 FY26)
Net Profit: ₹1,206.37 (Q1 FY27) vs ₹216.17 (Q1 FY26) - 458.0% YoY increase
EPS: ₹3.14 (Basic and Diluted) vs ₹0.56 (Q1 FY26)
Other Equity: ₹12,413.86 (as of 31 March 2026)
Segment-wise Performance:
The Company operates in a single reportable segment viz retail and wholesale sales of consumer durable and electronics products through its retail stores and online platforms. The CODM reviews the results as a whole.
Exceptional Items:
1. On 29 May 2025, a fire incident occurred in one godown resulting in inventory damage of ₹81.72 million, written off in Q1 FY26.
2. The Company received full insurance settlement of ₹75.27 million against this claim during Q3 FY25, recognized as exceptional item.
3. During previous year, transferred four "IQ" retail stores in Telangana and Andhra Pradesh (excluding inventory) for ₹80 million consideration, resulting in gain of ₹76.65 million recognized as exceptional item in FY26.
4. Impact of New Labour Codes: One-time impact of ₹42.63 million recognized in Q3 FY25, with subsequent reversal of ₹40.87 million in Q4 FY26 due to compensation restructuring.
Entities Included in Consolidation:
Electronics Mart India Limited (Holding Company), Cloudnine Retail Private Limited, and EMIL CSR Foundation.
Other Significant Information:
The Company continues to monitor developments pertaining to Labour Codes and will evaluate impact on measurement of employee benefit liabilities if any.