Shares of Lyka Labs Ltd. fell by 2.82% to ₹112.90 on Thursday afternoon following the company’s Q1 FY26 earnings announcement, which revealed a 20% year-on-year drop in net profit.
Q1 FY26 Highlights (₹ in lakhs):
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Revenue from operations: ₹3,302.54 (up from ₹3,011.40 in Q1 FY25)
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Total Income: ₹3,365.63 vs ₹3,067.28 YoY
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Net Profit: ₹99.62 vs ₹128.95 YoY (down ~22.7%)
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Total Expenses: ₹3,230.46 (vs ₹2,881.03 YoY)
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Profit before Tax: ₹135.17 (vs ₹186.25 YoY)
Despite a healthy increase in revenue, higher input costs and employee expenses weighed on margins. Employee benefit expenses surged to ₹904.84 lakh from ₹818.77 lakh a year ago, while depreciation and finance costs also rose sharply.
The company’s stock has now lost ground for the second straight day, likely reflecting investor disappointment over the sharp decline in bottom line.
Market Snapshot:
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Current Price: ₹112.90
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Previous Close: ₹116.18
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Day Range: ₹113.00 – ₹121.44
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P/E Ratio: 50.19
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Market Cap: ₹4.03 billion
With Q1 profits under pressure, the street will closely monitor Lyka’s strategy to rein in costs while maintaining revenue momentum in the coming quarters.
