Electrical Equipment & Products company Modison announced Q1FY27 results Consolidated Financial Highlights: Revenue from Operations for Q1FY27 stood at Rs 27,046.67 lakh, representing a YoY increase of 101.64% from Rs 13,413.57 lakh in Q1FY26 and a QoQ decrease of 5.86% from Rs 28,731.89 lakh in Q4FY26. Total Income for the quarter was Rs 27,310.09 lakh, reflecting a 98.68% YoY growth compared to Rs 13,746.08 lakh in Q1FY26, while recording a QoQ decline of 5.54% from Rs 28,911.95 lakh in Q4FY26. Profit Before Tax (before exceptional items) was Rs 4,610.65 lakh in Q1FY27, up 511.75% YoY from Rs 753.68 lakh in Q1FY26 and down 31.92% QoQ from Rs 6,772.56 lakh in Q4FY26. Net Profit (Profit for the period) stood at Rs 3,384.48 lakh in Q1FY27, a significant YoY increase of 603.68% from Rs 480.97 lakh in Q1FY26, but down 5.99% QoQ from Rs 3,600.23 lakh in Q4FY26. Basic and Diluted Earnings Per Share (EPS) for Q1FY27 was Rs 10.43, compared to Rs 1.48 in Q1FY26 and Rs 11.09 in Q4FY26. Standalone Financial Highlights: Revenue from Operations for Q1FY27 was Rs 27,046.67 lakh, showing a YoY growth of 101.64% from Rs 13,413.57 lakh in Q1FY26 and a QoQ decrease of 5.86% compared to Rs 28,731.89 lakh in Q4FY26. Total Income reached Rs 27,309.70 lakh in Q1FY27, a YoY increase of 98.69% from Rs 13,744.69 lakh in Q1FY26 and a 5.54% QoQ decline from Rs 28,911.96 lakh in Q4FY26. Net Profit for Q1FY27 was Rs 3,384.35 lakh, marking a 604.98% YoY increase from Rs 480.06 lakh in Q1FY26 and a 6.07% decrease from Rs 3,603.35 lakh in Q4FY26. Business Highlights: Segment Performance: The company's business activities fall within a single primary segment, namely "Manufacturing of Electrical Contacts." Exceptional Items: For Q1FY27, exceptional items totaled a loss of Rs 27.70 lakh. This includes a loss of Rs 38.96 lakh on hedging of silver in stock and a profit of Rs 11.26 lakh on mark-to-market of forward contracts. Divestment: The company divested its entire stake in its wholly owned subsidiary, Modison Hitech Private Limited, effective June 9, 2025. Update on Fire Incident: A fire incident occurred at the factory on February 7, 2026. The company has charged off Rs 1,063.46 lakh (WDV of PPE: Rs 153.58 lakh, Cost of Inventory: Rs 867.46 lakh, and GST on inventories: Rs 42.42 lakh) under exceptional items during the period ended March 31, 2026. Insurance Claim: A claim of Rs 1,801.95 lakh has been lodged with the insurer. Preliminary confirmation for a part payment of Rs 170.00 lakh towards the loss of PPE has been received and accounted for as other income in the previous year. The claims for inventory and the balance claim for PPE are currently in process. Labour Codes Assessment: The company has assessed the impact of the new Labour Codes notified on November 21, 2025, which resulted in a gratuity and leave encashment liability increase of Rs 98.95 lakh recognized in the results for the year ended March 31, 2026. Result PDF