Relic Technologies Q2 FY27 consolidated loss widens to Rs 95.79 lakh

What the numbers show

• Net margin was -383.93% of revenue, against 25.43% a year earlier.
• Total expenses fell 12.3% while revenue fell 58.3%.
• Employee benefits took 297.3% of revenue, against 118.0% a year earlier.

• Basis: Consolidated statement of unaudited financial results for the quarter ended September 30, 2026, with comparatives for the quarter ended September 30, 2025 (statement of financial results).

• Revenue from operations (Q2 FY27): Rs 24.95 lakh
• Corresponding quarter previous year: Rs 59.77 lakh

• Other income (Q2 FY27): Rs 24.14 lakh
• Corresponding quarter previous year: Rs 20.23 lakh

• Total income (I+II) (Q2 FY27): Rs 49.10 lakh
• Corresponding quarter previous year: Rs 80.00 lakh

• Purchases of stock-in-trade (Q2 FY27): Rs 26.77 lakh
• Corresponding quarter previous year: Rs 27.23 lakh

• Changes in inventories (Q2 FY27): Rs 0.63 lakh
• Corresponding quarter previous year: Rs (6.49) lakh

• Employee benefit expenses (Q2 FY27): Rs 74.18 lakh
• Corresponding quarter previous year: Rs 70.52 lakh

• Finance cost (Q2 FY27): Rs 2.29 lakh
• Corresponding quarter previous year: Rs 2.53 lakh

• Depreciation and amortisation expenses (Q2 FY27): Rs 8.27 lakh
• Corresponding quarter previous year: Rs 7.66 lakh

• Other expenses (Q2 FY27): Rs 25.61 lakh
• Corresponding quarter previous year: Rs 55.69 lakh

• Total expenses (IV) (Q2 FY27): Rs 137.75 lakh
• Corresponding quarter previous year: Rs 157.13 lakh

• Profit/(loss) before exceptional items and tax (V) (Q2 FY27): Rs (88.66) lakh
• Corresponding quarter previous year: Rs (77.13) lakh

• Exceptional items (Q2 FY27): Rs –
• Corresponding quarter previous year: Rs –

• Profit/(loss) after exceptional items and before tax (VII) (Q2 FY27): Rs (88.66) lakh
• Corresponding quarter previous year: Rs (77.13) lakh

• Total tax expense (Q2 FY27): Rs 7.13 lakh
• Corresponding quarter previous year: Rs (92.32) lakh

• Net profit/(loss) for the period (IX) (Q2 FY27): Rs (95.79) lakh
• Corresponding quarter previous year: Rs 15.20 lakh

• Paid up equity share capital (face value Rs 10 each) (Q2 FY27): Rs 559.12 lakh
• Corresponding quarter previous year: Rs 515.00 lakh

• Earnings per share – Basic (Q2 FY27): Rs (1.06)
• Corresponding quarter previous year: Rs 0.31

• Earnings per share – Diluted (Q2 FY27): Rs (1.06)
• Corresponding quarter previous year: Rs 0.29

In the consolidated statement of financial results, revenue from operations for the quarter ended September 30, 2026 was Rs 24.95 lakh, down from Rs 59.77 lakh in the corresponding quarter ended September 30, 2025. Total income, including other income, declined to Rs 49.10 lakh from Rs 80.00 lakh over the same period.

Total expenses for Q2 FY27 were Rs 137.75 lakh versus Rs 157.13 lakh a year earlier. Within this, employee benefit expenses increased to Rs 74.18 lakh from Rs 70.52 lakh, while other expenses decreased to Rs 25.61 lakh from Rs 55.69 lakh. Purchases of stock-in-trade were Rs 26.77 lakh compared with Rs 27.23 lakh, and finance cost was Rs 2.29 lakh versus Rs 2.53 lakh. Depreciation and amortisation expenses were Rs 8.27 lakh against Rs 7.66 lakh in the corresponding quarter.

Loss before exceptional items and tax stood at Rs (88.66) lakh for Q2 FY27, compared with a loss of Rs (77.13) lakh in the same quarter last year. There were no exceptional items reported in either period in this consolidated table. After total tax expense of Rs 7.13 lakh in Q2 FY27, against Rs (92.32) lakh in the year-ago quarter, the consolidated net result moved from a profit of Rs 15.20 lakh in Q2 FY26 to a loss of Rs (95.79) lakh in Q2 FY27. Basic and diluted earnings per share for the quarter were Rs (1.06), compared with Rs 0.31 (basic) and Rs 0.29 (diluted) in the corresponding previous quarter, on paid up equity share capital of Rs 559.12 lakh versus Rs 515.00 lakh a year earlier.