Telogica Ltd reported a net loss of ₹1.89 crore for the quarter ended June 2026, a significant swing from last year's profit, on revenue of ₹14.28 crore. The company's auditor also raised concerns about statutory compliance, including delayed deposits of PF and TDS.
Telogica Ltd Sees ₹1.89 Crore Net Loss in Q1 FY27, Revenue Grows to ₹14.28 Crore
Telogica Ltd has reported a net loss of ₹1.89 crore for the quarter ending June 30, 2026, a sharp reversal from a net profit of ₹0.16 crore in the same period last year. Revenue from operations, however, saw substantial growth, reaching ₹14.28 crore compared to ₹3.15 crore in the prior-year quarter.
Reader Takeaway: Revenue growth is positive, but a net loss and auditor concerns pose significant risks.
What just happened
Telogica Ltd announced its financial results for the quarter ended June 30, 2026. The company posted a net loss of ₹1.89 crore, primarily impacted by a deferred tax expense of ₹2.65 crore. Revenue from operations increased significantly to ₹14.28 crore from ₹3.15 crore year-on-year. Total expenses rose to ₹13.93 crore from ₹3.02 crore.
Why this matters
The reported loss, driven by tax expenses, reverses a profitable trend from the previous year. The auditor's specific observations on the company's regularity in depositing statutory dues like Provident Fund (PF) and Tax Deducted at Source (TDS) present a governance and compliance risk. This could lead to penalties or operational disruptions if not addressed.
The backstory
In the prior year's comparable quarter (ended June 30, 2025), Telogica Ltd had reported a net profit of ₹0.16 crore on revenues of ₹3.15 crore. The current quarter's results show a significant shift due to higher expenses and the deferred tax charge.
What changes now
Investors will be closely watching Telogica's efforts to manage its statutory liabilities and improve its profitability. The company needs to demonstrate a clear path to consistent profitability and address the auditor's concerns to regain investor confidence.
Risks to watch
The primary risks include continued irregular deposits of statutory dues (PF, TDS), outstanding disputed tax liabilities of ₹0.71 crore, and the overall impact of tax expenses on the bottom line. Failure to regularize these could attract regulatory scrutiny.
Peer comparison
(No peer comparison data available in the filing).
Context metrics (time-bound)
- Revenue from Operations: ₹14.28 crore (June 30, 2026 quarter) vs. ₹3.15 crore (June 30, 2025 quarter).
- Net Profit / (Loss): (₹1.89 crore) (June 30, 2026 quarter) vs. ₹0.16 crore (June 30, 2025 quarter).
- Deferred Tax Expense: ₹2.65 crore (June 30, 2026 quarter).
- Total Expenses: ₹13.93 crore (June 30, 2026 quarter) vs. ₹3.02 crore (June 30, 2025 quarter).
- Outstanding PF Dues: ₹0.54 crore (payable beyond six months).
- Outstanding TDS Dues: ₹0.17 crore (payable beyond six months).
- Disputed Sales/Service Tax: ₹0.71 crore.
What to track next
Investors should monitor future quarterly results for sustained revenue growth, improvements in net profit, and specific disclosures addressing the auditor's concerns regarding statutory compliance and tax liabilities.
