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    <title>Longspur International Ventures Ltd. (LONGSPUR) — Tipsheet</title>
    <link>https://tipsheet.markets/company/longspur/</link>
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    <description>Every Tipsheet Editorial note covering Longspur International Ventures Ltd. (LONGSPUR), newest first. Grounded in BSE/NSE primary-source filings.</description>
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    <lastBuildDate>Tue, 28 Jul 2026 14:38:35 GMT</lastBuildDate>
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      <title>Longspur swings to profit in June quarter after March loss</title>
      <link>https://tipsheet.markets/longspur-longspur-swings-to-profit-in-june-quarter-after-march-loss-120975/</link>
      <guid isPermaLink="true">https://tipsheet.markets/longspur-longspur-swings-to-profit-in-june-quarter-after-march-loss-120975/</guid>
      <pubDate>Fri, 10 Jul 2026 17:26:05 GMT</pubDate>
      <description>Net profit of ₹15.68 lakhs versus a ₹29.37 lakhs loss in March, but revenue fell sequentially. No guidance.</description>
      <content:encoded><![CDATA[<p><em>Net profit of ₹15.68 lakhs versus a ₹29.37 lakhs loss in March, but revenue fell sequentially. No guidance.</em></p>
<h3>What’s new</h3><ul><li>Longspur reported net profit of ₹15.68 lakhs, reversing a ₹29.37 lakhs loss in Q4 FY26.</li><li>Revenue fell to ₹75 lakhs from ₹147.36 lakhs in the previous quarter.</li><li>Total expenses dropped sharply to ₹53.77 lakhs from ₹161.28 lakhs, partly due to a ₹26.56 lakhs negative inventory change.</li></ul>
<h3>Why it matters</h3><p>For a nano-cap firm with declining FY26 revenue, a profit is welcome but the sequential revenue drop and the inventory adjustment raise doubts about sustainability. The filing offers no commentary or guidance.</p>
<h3>What we’re watching</h3><ul><li>Whether the expense control is structural or a one-off from inventory swings.</li><li>Full-year revenue trajectory after a 56% drop in FY26.</li><li>Any strategic update from management on future growth.</li></ul>
<h3>The full read</h3><p>Longspur International Ventures swung from a ₹29.37 lakhs loss in March to a ₹15.68 lakhs profit in June. The recovery came from a sharp expense cut to ₹53.77 lakhs from ₹161.28 lakhs, aided by a ₹26.56 lakhs inventory adjustment. Revenue fell sequentially to ₹75 lakhs from ₹147.36 lakhs, though it rose from ₹65 lakhs a year ago. FY26 revenue was ₹4.13 crore, down 56% from the prior year. The filing offers no guidance. The profit is real, but the revenue trend and the one-off nature of expense cuts leave the trajectory uncertain.</p>
<p>Primary source: <a href="https://www.bseindia.com/corporates/ann.html?scrip=504340&dur=A">BSE</a> · <a href="https://www.nseindia.com/companies-listing/corporate-filings-announcements?symbol=LONGSPUR">NSE</a></p>]]></content:encoded>
      <category>Earnings</category>
      <dc:creator>Tipsheet Editorial</dc:creator>
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    <item>
      <title>Longspur&#39;s annual revenue drops 56% to ₹4.13 cr on a ₹10-cr market cap</title>
      <link>https://tipsheet.markets/longspur-longspur-s-annual-revenue-drops-56-to-4-13-cr-on-a-10-cr-market-cap-104007/</link>
      <guid isPermaLink="true">https://tipsheet.markets/longspur-longspur-s-annual-revenue-drops-56-to-4-13-cr-on-a-10-cr-market-cap-104007/</guid>
      <pubDate>Fri, 29 May 2026 22:20:35 GMT</pubDate>
      <description>A routine earnings release for a company whose main event is a ₹20-crore preferential allotment that dwarfs its current size.</description>
      <content:encoded><![CDATA[<p><em>A routine earnings release for a company whose main event is a ₹20-crore preferential allotment that dwarfs its current size.</em></p>
<h3>What’s new</h3><ul><li>FY26 standalone revenue fell 56% to ₹4.13 crore from ₹9.40 crore in FY25.</li><li>Annual net profit held at ₹0.53 crore despite the revenue collapse.</li><li>The results are for a nano-cap (₹10-cr mkt cap) whose main story is an upcoming ₹20-crore capital infusion.</li></ul>
<h3>Why it matters</h3><p>The revenue collapse to ₹4.13 crore is severe for any company, but it's almost secondary here. Longspur's ₹10-crore market cap means the previously announced ₹20-crore preferential allotment would, if completed, more than triple its equity base. The earnings are the footnote; the fundraising is the story.</p>
<h3>What we’re watching</h3><ul><li>Status and timeline for the ₹20-crore preferential allotment.</li><li>Whether the new capital changes the company's operational focus.</li><li>The next quarter's revenue to see if the FY26 drop was a one-off.</li></ul>
<h3>The full read</h3><p>Longspur International Ventures reported <strong>FY26</strong> standalone revenue of <strong>₹4.13 crore</strong>, a <strong>56%</strong> fall from <strong>₹9.40 crore</strong> a year earlier. Net profit held flat at <strong>₹0.53 crore</strong>. For a company with a <strong>₹10-crore</strong> market capitalisation, these are small numbers in both directions. The earnings release is procedure. What actually matters is the <strong>₹20-crore</strong> preferential allotment the company has already announced, a capital raise that is double its current size and would massively dilute the existing base. The results don't show that infusion yet; it remains pending. Longspur's story right now isn't how it earned <strong>₹4.13 crore</strong> in revenue. It's what happens when <strong>₹20 crore</strong> of new equity lands.</p>
<p>Primary source: <a href="https://www.bseindia.com/corporates/ann.html?scrip=504340&dur=A">BSE</a> · <a href="https://www.nseindia.com/companies-listing/corporate-filings-announcements?symbol=LONGSPUR">NSE</a></p>]]></content:encoded>
      <category>Earnings</category>
      <dc:creator>Tipsheet Editorial</dc:creator>
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