Results - Announcements
Aion-Tech Solutions Ltd share price inched up 3.36% to Rs 38.17 after the company's net profit tanked by 62.31% to Rs 0.98 crore, while revenue from operations increased sharply by 23.58% to Rs 33.39 crore in Q2FY27 over Q2FY26.
The market capitalization of Software Products industry group stocks on BSE stood at Rs 1.39 lakh crore, plunging by 16.83%. It has slipped by 0.21% over last one week and fell by 11.78% in last one month while the market capitalization of Aion-Tech Solutions Ltd has marginally improved by 6.65% and 20.83% in the same period respectively.
Profit before tax (PBT) of Aion-Tech Solutions Ltd stood at Rs 0.97 crore in Q2 FY27, surging by 102.08% year-on-year, and tanking 62.69% quarter-on-quarter. EBITDA came in at Rs 4 crore, jumping 38.38% YoY and expanding by 1355.56% sequentially.
Total expenses rose by 15.27% to Rs 33.06 crore in Q2FY27 over Q2FY26. During the quarter, employee benefits expense was at Rs 5.38 crore, rising by 8.25% YoY.
For FY26, revenue from operations witnessed a strong growth of 51.89% to Rs 135.03 crore, while net profit witnessed a sharp fall of 89.80% to Rs 1.01 crore, compared to previous FY. EBITDA witnessed a strong improvement of 926% to Rs 5.1 crore, and PBT collapsed by 79.89% to Rs 2.61 crore compared to previous FY.
The company's consolidated net cash flow from operating activities stood at Rs 14.25 crore in FY26, as against Rs 12.29 crore in FY25.
Aion-Tech Solutions Ltd nosedived by 34.95% in last one year, underperforming the benchmark BSE Sensex which has softened by 2.37% during the same period.