Dalal Street Investments swings to Q4 profit after two quarters of zero revenue
The nano-cap firm posted ₹15 lakh revenue in the March quarter, against nil in the prior two quarters, but FY26 still ended in a loss.
— 2 earlier stories on Dalal Street Investments Ltd. →What's new
- Q4 revenue came in at ₹15 lakh after nil in the previous two quarters.
- Net profit of ₹12.63 lakh in Q4, reversing a ₹41.29 lakh loss in Q4FY25.
- Full year net loss of ₹1.26 lakh vs profit of ₹13.83 lakh in FY25.
Why it matters
For a nano-cap with an ₹11 crore market cap, a ₹15 lakh revenue quarter is tiny, but the swing from deep loss to profit is striking. The full-year still shows a loss, so the sustainability of this recovery is the real test.
What we're watching
- Whether Q4 revenue momentum continues into FY27.
- What drove the sudden revenue — any disclosure would be helpful.
- Cost trajectory, given the company swung from loss to profit on modest revenue.
The full read
Dalal Street Investments posted a sharp quarterly turnaround. After two quarters of zero revenue and deepening losses, Q4FY26 delivered ₹15 lakh in revenue and a net profit of ₹12.63 lakh. That compares with a ₹41.29 lakh loss in the same quarter last year and a ₹18.17 lakh loss in the preceding quarter. For the full year, however, the company still recorded a net loss of ₹1.26 lakh, slipping from a profit of ₹13.83 lakh in FY25. Total comprehensive loss narrowed to ₹14.91 lakh from ₹26.48 lakh. The quarterly recovery is noteworthy for a company with an ₹11 crore market cap, but the full-year trend remains negative. The real question is whether the March quarter's revenue is a one-off or the start of a sustainable recovery.