Forbes PrecisionTool’s Q1 2026 Profit Soars Amidst Mixed Market

Forbes PrecisionTool reported a substantial profit after tax of Rs 90.30 million for the quarter ended June 2026, marking a significant improvement from the prior year. This strong performance contrasts with mixed results from other companies during the same period.

Forbes PrecisionTool’s Quarterly Performance

• Sales for the quarter rose by 28.89% to Rs 675.50 million, up from Rs 524.10 million in the year-ago period.
• Profit after tax nearly doubled to Rs 90.30 million, compared to Rs 38.10 million in the June 2025 quarter.
• Operating profit (PBIDT) reached Rs 162.70 million, a notable increase from Rs 92.80 million in the corresponding previous quarter.

The company’s revenue growth underscores a robust operational period, with sales experiencing a healthy surge. This positive trajectory was also reflected in the substantial increase in its operating profit.

Detailed Financial Metrics

• Other income declined by -9.20% to Rs 7.90 million, down from Rs 8.70 million.
• Interest expenses decreased by -17.78% to Rs 3.70 million, compared to Rs 4.50 million previously.
• Profit before depreciation and tax (PBDT) jumped by 80.07% to Rs 159.00 million, from Rs 88.30 million.
• Depreciation charges increased by 6.67% to Rs 40.00 million, up from Rs 37.50 million.
• Profit before tax (PBT) recorded a significant rise of 134.25%, reaching Rs 119.00 million from Rs 50.80 million.

Meanwhile, other Indian companies also disclosed their financial standings for the June 2026 quarter. Mindteck (India) posted a profit after tax of Rs 38.40 million, indicating a positive outcome for the period.

Conversely, Haryana Finanl. Corp reported a loss after tax of Rs 4.00 million for the same quarter, highlighting a challenging period. The June 2026 quarter thus presented a varied financial landscape across different sectors.