Epuja Spiritech returns to a loss-making position in the September 2026 quarter, reporting a net loss of Rs 0.44 crore. While revenue remains significantly higher than the same period last year, profitability has dipped compared to the June 2026 quarter. Additionally, the company announced the resignation of Non-Executive Independent Director Sridhar Natrajan Chandrasekharan, effective November 2, 2026.
Epuja Spiritech Reports September 2026 Quarter Results
Revenue stood at Rs 4.46 crore for the quarter; net loss recorded at Rs 0.44 crore.
Reader Takeaway: Revenue growth remains visible year-on-year, but profitability has reversed, accompanied by a key board-level resignation.
What just happened
Epuja Spiritech Limited released its financial results for the quarter ended September 30, 2026. The company reported a net loss of Rs 0.44 crore, a reversal from the net profit of Rs 0.22 crore reported in the preceding June 2026 quarter. Revenue from operations reached Rs 4.46 crore, compared to Rs 7.56 crore in the previous quarter and Rs 0.12 crore in the corresponding quarter of the previous year.
Why this matters
The return to losses highlights the volatility in the company's financial performance. While the top line is significantly higher than the figures seen in the September 2025 quarter (Rs 0.12 crore), the inability to sustain profitability seen in the June quarter indicates ongoing pressure on operating margins.
Board and Governance Update
The Board of Directors has accepted the resignation of Mr. Sridhar Natrajan Chandrasekharan, a Non-Executive Independent Director, effective November 2, 2026. Mr. Chandrasekharan cited personal reasons and external commitments for his departure. The company has confirmed that there are no additional material reasons for this resignation.
What to track next
Investors should monitor the company’s ability to stabilize revenue streams and return to profitability in future quarters. The impact of the recent board change on corporate governance and strategic decision-making also warrants close observation.
