SYNOPSIS: Digikore Studios posted strong H1 FY26 results with revenue up 53 percent HoH to Rs. 34.5 crores and net profit rising 114 percent to Rs. 6 crores. The Board approved a New York subsidiary.
During Friday’s trading session, shares of a company involved in providing visual effect services (VFX) and digital shows surged nearly 16.3 percent on NSE, following the release of H1 FY26 financial results, with a rise in net profit by around 114 percent HoH.
At 02:10 p.m., shares of Digikore Studios Limited were trading in green at Rs. 94.5 on BSE, up by around 11 percent, compared to its previous closing price of Rs. 85.15, with a market cap of Rs. 120 crores.
The stock hit its 52-week high at Rs. 184.5 on 11th November 2024, and is trading at a discount of around 49 percent from its current price levels.
What’s the News:
Digikore Studios Limited announced the financial results for the first half of FY26 (H1 FY26) on Friday during market hours, as per the latest regulatory filings with the NSE.
For H1 FY26, the company reported a consolidated revenue from operations of Rs. 34.5 crores, reflecting a year-on-year growth of around 53 percent HoH compared to Rs. 22.6 crores in H1 FY25, and a sequential increase of more than 155 percent from Rs. 13.5 crores recorded in H2 FY25.
During the same period, net profit stood at Rs. 6 crores, indicating a notable year-on-year recovery from a net loss of Rs. 10 crores in H2 FY25, while on a half-yearly basis, the company’s net profit grew by around 114 percent from Rs. 2.8 crores reported in H1 FY25.
Additionally, the company’s Board has approved a proposal to consider the incorporation of a wholly owned subsidiary in New York, marking a strategic step toward expanding its global presence.
Digikore Studios Limited, headquartered in Pune (India), is a premier visual effects (VFX) studio renowned for crafting immersive visual experiences. The company offers a wide range of services, including VFX production for films, television shows, web series, and commercials. Its diverse portfolio also extends to digital marketing, OTT production, brand jingles, AI-powered music creation, and an AI-driven talent assessment platform.
Written by Shivani Singh
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