I-Power Solutions India Ltd (512405)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, I-Power Solutions' revenue was ₹0.0 Cr, and net profit ₹0.2 Cr (-13.7% year on year).
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹0.0 | — | — |
| Operating profit | ₹-0.1 | loss widened | loss narrowed |
| Net profit | ₹0.2 | -13.7% | from loss |
| EPS (₹) | 0.41 | -12.8% | from loss |
📢 Recent Corporate Announcements
I-Power Solutions India Ltd held a Board Meeting on August 28, 2026, approving the notice for its 41st Annual General Meeting (AGM) scheduled for September 28, 2026, via video conference. The company fixed the book closure dates from September 22, 2026, to September 28, 2026, for AGM purposes. Additionally, the Board approved the redesignation of Mr. Venugopalan Parandhaman from Executive Director to Non-Executive Director. CDSL has been appointed as the e-voting intermediary along with M/s Lakshmmi Subramanian & Associates as Scrutinizers.
- 41st Annual General Meeting scheduled for September 28, 2026, at 11:30 AM via video conference
- Book closure fixed from September 22, 2026, to September 28, 2026
- Approved Annual Report, Director's Report, and Secretarial Audit Report
- Redesignation of Mr. Venugopalan Parandhaman from Executive Director to Non-Executive Director
I-Power Solutions India Ltd has scheduled a Board of Directors meeting on August 28, 2026. The board will consider and finalize the date, time, and venue for the Annual General Meeting (AGM) for FY 2025-26. The agenda also includes approving the AGM Notice, Board's Report, Secretarial Audit Report, book closure dates, and appointment of e-voting agencies and scrutinizers.
- Board meeting scheduled for August 28, 2026
- Agenda to fix AGM date, time, and venue for FY 2025-26
- To approve the Board's Report, AGM Notice, and Secretarial Audit Report for FY 2025-26
- To determine book closure dates and appoint e-voting intermediaries (CDSL/NSDL) and scrutinizer
I-Power Solutions reported a turnaround to a net profit of Rs 0.24 Cr for Q1 FY27, compared to a loss of Rs 0.7 Cr in the preceding March 2026 quarter. This profit was entirely driven by 'Other Income' of Rs 31.18 lakh, as core revenue from operations remained negligible at just Rs 13. The company also appointed Mr. Anand Chenji as the new Chief Financial Officer (CFO) effective August 13, 2026. Furthermore, the board approved 5-year re-appointments for the Managing Director and three Independent Directors, ensuring leadership continuity through 2032.
- Reported a net profit of Rs 24.17 lakh for the quarter ended June 30, 2026, vs a loss of Rs 70 lakh in the previous quarter.
- Other Income of Rs 31.18 lakh constituted the bulk of total revenue, while operational revenue was near zero.
- Appointment of Mr. Anand Chenji as CFO and KMP effective August 13, 2026, following the resignation of the previous CFO.
- Re-appointment of MD Rajendra Naniwadekar for a 5-year term from August 11, 2027, to August 10, 2032.
- Total assets increased slightly to Rs 6.18 Cr as of June 30, 2026, from Rs 5.93 Cr in March 2026.
I-Power Solutions India Ltd reported a net profit of Rs 0.24 Cr for the quarter ended June 30, 2026, a turnaround from the Rs 0.70 Cr loss in the preceding quarter. However, this profit was entirely driven by 'Other Income' of Rs 0.31 Cr, as revenue from operations remained at zero. The company also announced the appointment of Anand Chenji as CFO and the 5-year re-appointment of its Managing Director and three Independent Directors starting in August 2027. With a market cap of only Rs 10 Cr and no core operational revenue, the company's financial health remains fragile.
- Net Profit of Rs 24.17 Lakhs for Q1 FY27 compared to a loss of Rs 70 Lakhs in the previous quarter (Mar 2026).
- Revenue from operations remained at Rs 0 for the quarter, continuing a trend seen in previous fiscal years.
- Other Income of Rs 31.18 Lakhs accounted for 100% of the total revenue for the period.
- Appointment of Anand Chenji as Chief Financial Officer (CFO) effective August 13, 2026.
- Board approved the re-appointment of MD Rajendra Naniwadekar for a 5-year term starting August 11, 2027.
I-Power Solutions India Ltd reported a net profit of Rs 0.24 Cr for the quarter ended June 30, 2026, marking a turnaround from a net loss of Rs 0.70 Cr in the preceding quarter. However, this profit was entirely driven by 'Other Income' of Rs 0.31 Cr, as revenue from operations remained negligible. The board also approved the re-appointment of the Managing Director and three Independent Directors for five-year terms starting August 2027. Additionally, Anand Chenji was appointed as the new CFO effective August 13, 2026, following the resignation of the previous CFO.
- Reported a Net Profit of Rs 24.17 Lakhs in Q1 FY27 compared to a loss of Rs 70 Lakhs in Q4 FY26
- Other Income of Rs 31.18 Lakhs accounted for 100% of the total revenue for the quarter
- Anand Chenji appointed as CFO and Key Managerial Personnel effective August 13, 2026
- Managing Director Rajendra Naniwadekar re-appointed for a 5-year term from 2027 to 2032
- Total expenses for the quarter stood at Rs 7.01 Lakhs, primarily driven by other expenses
I-Power Solutions India Ltd has scheduled a board meeting for August 13, 2026, to approve unaudited financial results for the quarter ended June 30, 2026. The company is currently in a challenging financial state, reporting zero revenue for the last four consecutive quarters and a TTM net loss of Rs 1 crore. With a micro-cap valuation of Rs 10 crore and a negative ROCE of -20.8%, the upcoming results are critical to see if the company has initiated any new business operations. The trading window for insiders remains closed until 48 hours after the results are declared.
- Board meeting scheduled for August 13, 2026, to approve Q1 FY27 results.
- Company reported Rs 0.0 crore revenue for the entire FY26 period.
- TTM net loss stands at Rs 1 crore as of March 2026.
- ROCE is currently negative at -20.8% with a net worth of only Rs 5 crore.
- Trading window closed for promoters and directors until 48 hours post-announcement.
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