E-Commerce & Internet Retail: Q1 FY27 results (April-June 2026)

4 companies have declared E-Commerce & Internet Retail Q1 FY27 results so far, the latest on 3 Aug 2026.

Across the 3 non-financial companies with a year-ago quarter to compare, sales grew +144.2% year on year, and the combined operating margin widened 268 bps to 1.8%.

100% of companies grew net profit.

Updated 12 Oct 2026, 12:14 IST 4 declared 111 due in the next 3 days →

E-Commerce & Internet Retail Q1 FY27 scoreboard

Sales growth
+144.2%
YoY, 3 companies combined; median +48.3%
Operating margin
1.8%
+268 bps YoY
Grew profit
100%
0 turnarounds, 0 into loss
Price since results
+19.0%
median; 75% of 4 stocks up
Other-income heavy
1
25%+ of pre-tax profit from other income & one-offs

Latest E-Commerce & Internet Retail Q1 FY27 results 4

Crizac Limited

CRIZAC · E-Commerce & Internet Retail · Q1 FY27 · Consolidated · Filed
M Cap
₹2,851 Cr
P/E
13.0
PEG
—
Since results
-17.0%
  • Operating margin expanded 153 bps YoY
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales -4.0%-48.7% 201392210
Operating profit +1.1%-35.6% 61.295.060.5
OPM % +153 bps+616 bps 30.4%24.2%28.9%
Other income -13.6%+3.1% 7.27.08.4
Net profit +0.8%-37.6% 46.274.045.8
PAT margin % +108 bps+407 bps 22.9%18.9%21.9%
EPS (₹) +2.7%-37.3% 2.694.292.62

Quality of profit

Core 89%Other income & one-offs 11%

Pre-tax profit ₹64.8 Cr: core business ₹57.6 Cr, other income ₹7.2 Cr.

Core profit YoY: +7.1% · reported profit +0.8%

AI read of the filing Crizac Appoints New Chairman and Overhauls C-Suite; Q1 FY27 Results Approved Neutral
  • Appointment of Christopher Flood Nagle as Chairman effective August 4, 2026
  • Dr. Vikash Agarwal stepped down as Chairperson but remains Executive & Managing Director
  • Appointment of Rituparno Sarkar as CTO and Dishant Kharbanda as Chief Innovation Officer
Full analysis →

Urban Company Limited

URBANCO · E-Commerce & Internet Retail · Q1 FY27 · Consolidated · Filed
M Cap
₹23,525 Cr
P/E
—
PEG
—
Since results
+24.6%
  • Exceptional items of ₹-10.0 Cr in the quarter
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales —— 528——
Operating profit —— -92.6——
OPM % —— -17.5%——
Other income —— 37.8——
Net profit —— -92.1——
PAT margin % —— -17.4%——
EPS (₹) —— -0.60——

Quality of profit

Pre-tax profit −₹83.8 Cr: core business −₹112 Cr, other income ₹37.8 Cr, exceptional & other items −₹10.0 Cr.

Core profit YoY: —

AI read of the filing Urban Company Q1 Revenue Grows 44% YoY to ₹528 Cr; Standalone Net Loss at ₹84 Cr Neutral
  • Consolidated revenue from operations rose to ₹528.34 crore from ₹367.27 crore in the year-ago quarter.
  • Standalone net loss of ₹84.28 crore compared to a profit of ₹25.01 crore in June 2025.
  • Standalone employee benefit expenses increased by 50.7% YoY to ₹131.02 crore.
Full analysis →

Meesho Limited

MEESHO · E-Commerce & Internet Retail · Q1 FY27 · Consolidated · Filed
M Cap
₹1,07,671 Cr
P/E
—
PEG
—
Since results
+25.5%
  • Operating margin expanded 449 bps YoY
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales +48.3%+5.1% 3,7133,5312,504
Operating profit loss narrowedloss narrowed -225-255-264
OPM % +449 bps+117 bps -6.1%-7.2%-10.5%
Other income +234.1%-2.1% 11411634.0
Net profit loss narrowedloss narrowed -133-166-289
PAT margin % +796 bps+112 bps -3.6%-4.7%-11.5%
EPS (₹) loss narrowedloss narrowed -0.28-0.36-1.49

Quality of profit

Pre-tax profit −₹133 Cr: core business −₹246 Cr, other income ₹114 Cr.

Core profit YoY: loss narrowed

AI read of the filing Meesho Q1 Revenue at ₹3,712.8 Cr; Approves ₹75 Cr Grocery Investment and Board Seat Changes Watch
  • Consolidated revenue for Q1 FY27 reached ₹3,712.81 crore, up from ₹3,531.21 crore in the previous quarter.
  • Loss before tax narrowed to ₹132.84 crore in Q1 FY27 from ₹240.09 crore in Q4 FY26.
  • Approved additional investment of up to ₹75 crore in wholly-owned subsidiary Meesho Grocery Private Limited.
Full analysis →

ETERNAL LIMITED

ETERNAL · E-Commerce & Internet Retail · Q1 FY27 · Consolidated · Filed
M Cap
₹2,97,748 Cr
P/E
687.6
PEG
—
Since results
+13.4%
  • Operating margin expanded 133 bps YoY
  • All of pre-tax profit came from other income or one-off items
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales +182.0%+16.9% 20,21117,2927,167
Operating profit +416.5%+22.2% 594486115
OPM % +133 bps+13 bps 2.9%2.8%1.6%
Other income +5.9%+9.6% 375342354
Net profit —-47.1% 92.0174—
PAT margin % —-55 bps 0.5%1.0%—
EPS (₹) +233.3%-44.4% 0.100.180.03

Quality of profit

Pre-tax profit ₹272 Cr: core business −₹103 Cr, other income ₹375 Cr.

Core profit YoY: loss narrowed

Against its own trend ?

TrendActualGap
Sales₹14,334₹20,211 +41.0% above
AI read of the filing Rs 35 Cr Restructuring: Eternal Ltd Transfers 'Nugget' Business to Subsidiary; Approves Q1 Results Neutral
  • Approved the slump sale of 'Nugget' business to subsidiary CTPL for Rs 35 crore cash consideration.
  • Nugget business FY26 revenue was Rs 7.20 crore, representing just 0.07% of standalone revenue.
  • Disclosed cumulative GST demands and show-cause notices of approximately Rs 447 crore across various states.
Full analysis →

Reporting in the next three days

HCL Technologies (Mon 12 Oct), ICICI Prudential (Mon 12 Oct), RBL Bank (Mon 12 Oct), Swan Defence (Mon 12 Oct), Gujarat State (Mon 12 Oct), Swaraj Engines (Mon 12 Oct), Plastiblends India (Mon 12 Oct), UMIYA BUILDCON (Mon 12 Oct), Alkali Metals (Mon 12 Oct), Gradiente Infotainment (Mon 12 Oct), Agri-Tech (India) (Mon 12 Oct), Abhishek Integrations (Mon 12 Oct), Rudra Ecovation (Mon 12 Oct), Newtrac Foods (Mon 12 Oct), Inani Securities (Mon 12 Oct), Neil Industries (Mon 12 Oct), Adroit Industries (Mon 12 Oct), TYPHOON (Mon 12 Oct), UNIVARTS (Mon 12 Oct), VERONICAPRO (Mon 12 Oct), ICICI Prudential (Tue 13 Oct), Tata Elxsi (Tue 13 Oct), Transformers And Rectifiers (Tue 13 Oct), Anand Rathi (Tue 13 Oct) and 87 more. Full results calendar →

How to read this page

The numbers. Each card is one company's Q1 FY27 results as filed with NSE or BSE, read from the filing within hours of its release, in ₹ crore. We show the consolidated statement, or the standalone one when the consolidated figures are a copy of it or have no year-ago quarter to compare with. YoY compares with the same quarter a year earlier and QoQ with the quarter before (the previous half-year for companies that report every six months). A swing between profit and loss is described in words: a percentage across it would mislead.

Margins. Operating margin (OPM) is operating profit, before depreciation, interest and other income, as a share of sales; PAT margin is net profit as a share of sales. Their changes are in basis points (100 bps = 1 percentage point).

Quality of profit. Core profit is operating profit minus interest and depreciation: what the business itself earned before tax. The rest of pre-tax profit is other income (interest on cash, dividends, gains on investments) and exceptional or one-off items. We flag a quarter when that share is 25% or more, and when reported profit grew much faster than core profit. For banks we compare pre-provision profit with net profit, since a fall in provisions can lift profit without the business growing.

Against its own trend. We do not have analyst consensus estimates, and we do not make them up. Instead each company is measured against the path it was on: the same quarter last year, grown at the median of its last four year-on-year growth rates (held between −50% and +100%; at least two growth rates needed). Sales 5% or more above that, or net profit 10% or more above, is "above trend"; as far below is "below trend". It answers "was this quarter better or worse than the company's own recent run?", which consensus does not.

Cash and debt. Profit is an accounting figure; cash is harder to dress up. For each company we show its operating cash flow for the last financial year as a share of that year's net profit (flagged under 50%, or when it is negative despite a profit), and its borrowings at the latest balance sheet against the one six months earlier (flagged at a 25% move). Balance sheets come with the September and March results, cash-flow statements with the March results.

Price since results. The latest close against the last close before the filing (a filing after 3:30 pm counts from the next session). It is a fact about the market's reaction, not advice.

Market cap groups. Large cap is the 100 largest companies by market value and mid cap the next 150 (SEBI's ranking); below that, small cap is ₹5,000 Cr or more, micro cap ₹500 Cr or more, nano cap below.

⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI