Results - Announcements
IKIO Technologies Ltd share price jumped 14.25% to Rs 198.05 after the company's net profit rose by 16.38% to Rs 12.86 crore, while revenue from operations increased sharply by 23.29% to Rs 208.72 crore in Q2FY27 over Q2FY26.
The market capitalization of Consumer Electronics industry group stocks on BSE stood at Rs 1.91 lakh crore, rallying 21.10%. It has increased 11.97% over last one week and fell by 11.51% in last one month while the market capitalization of IKIO Technologies Ltd has significantly gained 22.67% and 3.01% in the same period respectively.
Profit before tax (PBT) of IKIO Technologies Ltd stood at Rs 19.06 crore in Q2 FY27, expanding by 41.50% year-on-year, and climbing 12.78% quarter-on-quarter. EBITDA came in at Rs 27 crore, surging by 88.42% YoY and jumping 35.26% sequentially.
Total expenses surged 22.88% to Rs 189.03 crore in Q2FY27 over Q2FY26. During the quarter, cost of materials consumed stood at Rs 117.39 crore, witnessing a sharp rise of 24.75% YoY, while employee benefits expense was at Rs 30.92 crore, rising by 9.57% YoY.
For FY26, revenue from operations jumped by 22.52% to Rs 595.29 crore, while net profit soared by 28.19% to Rs 41.56 crore, compared to previous FY. EBITDA witnessed a strong improvement of 5045% to Rs 63.02 crore, and PBT soared 24.85% to Rs 53.0 crore compared to previous FY.
The company's consolidated net cash flow from operating activities stood at Rs 16.41 crore in FY26, as against Rs 35.05 crore in FY25.
IKIO Technologies Ltd declined by 4.74% in last one year, significantly underperforming the benchmark BSE Sensex which has slipped by 2.74% during the same period.