Surya India Ltd Reports Strong Year-on-Year Profit Growth in Q1 FY27

Surya India Ltd's net profit surged 24.9% to Rs 45.33 lakh for the quarter ended June 30, 2026, compared to Rs 36.30 lakh in the same period last year. Revenue also rose significantly to Rs 167.51 lakh from Rs 59.72 lakh year-on-year.

Reader Takeaway: Strong YoY growth in profit and revenue, but sequential revenue and profit declined.

What just happened

Surya India Ltd announced its financial results for the first quarter of fiscal year 2027 (ended June 30, 2026). The company posted a net profit of Rs 45.33 lakh, an increase of 24.9% from Rs 36.30 lakh in the corresponding quarter of FY26. Revenue from operations for Q1 FY27 stood at Rs 167.51 lakh, a substantial rise from Rs 59.72 lakh in Q1 FY26.

Why this matters

The year-on-year improvement in profitability and revenue indicates a positive trend in the company's core business operations over the past year. The unqualified limited review report from auditors provides a level of assurance to investors regarding the financial statements.

The backstory

In the previous fiscal year, Q1 FY26 saw revenues of Rs 59.72 lakh and a net profit of Rs 36.30 lakh. The company operates in financing and leasing activities. The financial results were approved by the Board of Directors on August 13, 2026.

What changes now

Investors will be looking at whether the company can sustain its year-on-year growth momentum and improve its sequential performance, which saw a dip in revenue and profit from the preceding quarter (Q4 FY26).

Risks to watch

The sequential decline in revenue and profit from Rs 187.74 lakh and Rs 58.29 lakh respectively in Q4 FY26 to Rs 167.51 lakh and Rs 45.33 lakh in Q1 FY27 is a point of concern.

Segment Performance

The company's operations are divided into two segments: Financing Activities, which reported revenue of Rs 79.77 lakh and capital employed of Rs 3,545.00 lakh; and Leasing Activities, which generated Rs 87.74 lakh in revenue with Rs 2,831.62 lakh in capital employed.

Context metrics (time-bound)

• Q1 FY27 (June 30, 2026): Revenue Rs 167.51 lakh, Net Profit Rs 45.33 lakh, EPS Rs 0.65.
• Q1 FY26 (June 30, 2025): Revenue Rs 59.72 lakh, Net Profit Rs 36.30 lakh, EPS Rs 0.52.
• Q4 FY26 (March 31, 2026): Revenue Rs 187.74 lakh, Net Profit Rs 58.29 lakh, EPS Rs 0.83.

What to track next

Investors should monitor the company's performance in the upcoming quarters, focusing on revenue growth, profitability, and trends in both year-on-year and sequential comparisons.