Results - Announcements
Orchasp Ltd share price rose by 6.42% to Rs 1.16 after the company's net profit registered a growth of 10.71% to Rs 0.31 crore, while revenue from operations slipped slightly by 8.65% to Rs 1.9 crore in Q2FY27 over Q2FY26.
The market capitalization of Computers - Software & Consulting industry group stocks on BSE stood at Rs 26.31 lakh crore, rising 3.58%. It has inched up 0.79% over last one week and ticked higher by 1.50% in last one month while the market capitalization of Orchasp Ltd has marginally improved by 7.43% and 22.65% in the same period respectively.
Profit before tax (PBT) of Orchasp Ltd stood at Rs 0.31 crore in Q2 FY27, remaining flat year-on-year, and advancing by 10.71% quarter-on-quarter. EBITDA came in at Rs 3 crore, tumbling by 1100.00% YoY and surging by 168.04% sequentially.
Total expenses jumped by 25% to Rs 3.05 crore in Q2FY27 over Q2FY26. During the quarter, employee benefits expense was at Rs 2.64 crore, jumping 31.34% YoY.
For FY26, revenue from operations inched higher 0.85% to Rs 21.26 crore, while net profit tanked by 109.98% to Rs 1.05 crore, compared to previous FY. EBITDA plunged by 1241% to Rs 6.78 crore, and PBT collapsed by 110.09% to Rs 1.06 crore compared to previous FY.
The company's consolidated net cash flow from operating activities stood at Rs 4.2 crore in FY26, as against Rs 15.58 crore in FY25.
Orchasp Ltd tumbled by 66.15% in last one year, underperforming the benchmark BSE Sensex which has slipped by 2.91% during the same period.