Onida Electronics Reports Widened Net Loss in June 2026 Quarter
By ThePip Desk
Onida Electronics’ net loss widened to Rs -141.80 million in the June 2026 quarter, despite a significant 29.51% rise in sales. Explore the financial details.
Onida Electronics reported a net loss of Rs -141.80 million for the quarter ended June 2026. This figure represents a widening loss compared to the Rs -124.90 million recorded in the corresponding June 2025 quarter.
Key Financial Highlights
- Sales for June 2026: Rs 1824.10 million
- Sales for June 2025: Rs 1408.50 million
- Sales increase: 29.51%
- Net Loss for June 2026: Rs -141.80 million
- Net Loss for June 2025: Rs -124.90 million
- Operating Profit Margin for June 2026: -90.20%
- Operating Profit Margin for June 2025: -74.00%
- Other Income for June 2026: Rs 24.10 million (up 276.56%)
- Interest Expense for June 2026: Rs 34.60 million (down 0.29%)
Despite the increased loss, Onida Electronics saw a significant uptick in its sales during the quarter. The company’s sales rose by 29.51%, reaching Rs 1824.10 million for the June 2026 period, up from Rs 1408.50 million in the year-ago quarter.
Profitability Trends
The company’s operating profit margin experienced a further decline. It decreased to -90.20% for the June 2026 quarter, down from -74.00% in the corresponding June 2025 quarter.
Other income contributed positively, with a substantial increase of 276.56% to Rs 24.10 million. Concurrently, interest expenses remained largely stable at Rs 34.60 million, marking a marginal decrease of 0.29% from the previous year.
The financial disclosures highlight persistent profitability challenges for Onida Electronics, despite robust sales growth. The widening net loss and declining operating margins indicate ongoing pressures on the company’s bottom line.