How does Q1 FY27 profit compare to the year-ago quarter?

Net profit of ₹5.95 lakh is sharply lower than ₹14.90 lakh reported in Q1 FY26, indicating weaker underlying earnings despite the sequential turnaround.

What drove the revenue decline?

The filing does not break out revenue components. Total revenue from operations fell to ₹86.71 lakh from ₹99.05 lakh YoY, a decline of about ₹12.34 lakh.

Did the board declare a dividend?

No. The board approved only the results; no dividend was declared for the quarter.

What was the auditors' opinion?

The statutory auditors issued an unmodified (clean) limited review opinion on the standalone financial results.

Earnings · Stock Broking · Micro cap

Modern Shares swings to profit but revenue falls

Net profit of ₹5.95 lakh reverses a loss of ₹6.20 lakh from the previous quarter, but total revenue drops to ₹86.71 lakh from ₹99.05 lakh a year ago.

MODRNSH By Tipsheet Editorial 28 Jul 2026 · 2:09 PM IST Verify on BSE · NSE

Mkt cap₹10.43 cr

P/E52.44×

ROE1.74%

Debt / eq.0.00

₹5.95 lakh Net profit in Q1 vs loss in prior quarter

What's new

Net profit of ₹5.95 lakh vs loss of ₹6.20 lakh in preceding quarter
Revenue from operations fell to ₹86.71 lakh from ₹99.05 lakh a year ago
No dividend declared; unmodified audit opinion on results

Why this matters

The swing to profit is a sequential improvement, but revenue continues to shrink and absolute earnings remain tiny for a ₹10-cr market cap stock. The results are routine and offer no fresh strategic cues.

What we're watching

Whether revenue stabilises in coming quarters
Any cost-control measures to protect margins
No material guidance provided; next quarter will set the trend

The full read

Modern Shares & Stockbrokers reported a net profit of ₹5.95 lakh for the June quarter, reversing a loss of ₹6.20 lakh in the previous quarter. But revenue slipped to ₹86.71 lakh from ₹99.05 lakh a year ago, and the profit is ₹14.90 lakh less than the profit earned in Q1 FY26. The numbers are tiny even for a ₹10-cr market cap company. With no dividend, no guidance, and a clean audit opinion, this is a routine quarterly release that does not alter the investment narrative. The open question is whether revenue can stabilise in the quarters ahead.

Questions answered

How does Q1 FY27 profit compare to the year-ago quarter?: Net profit of ₹5.95 lakh is sharply lower than ₹14.90 lakh reported in Q1 FY26, indicating weaker underlying earnings despite the sequential turnaround.
What drove the revenue decline?: The filing does not break out revenue components. Total revenue from operations fell to ₹86.71 lakh from ₹99.05 lakh YoY, a decline of about ₹12.34 lakh.
Did the board declare a dividend?: No. The board approved only the results; no dividend was declared for the quarter.
What was the auditors' opinion?: The statutory auditors issued an unmodified (clean) limited review opinion on the standalone financial results.

Mentioned: ₹5.95 lakh profit · ₹86.71 lakh revenue · Modern Shares & Stockbrokers

Primary source BSE · NSE

An independent reading of the company's own disclosure — the primary filing above is the final word.