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Studds Accessories Limited’s income rose 13.3% to Rs 1,729.20 million, but profit decreased
08-Aug-2026, 09:54
Studds Accessories Limited reported total income of Rs 1,729.20 million for the quarter ended June 30, 2026, a 13.3% increase compared to Rs 1,492.19 million in the same quarter of the previous year. While revenue grew, the company’s profit for the period decreased significantly, falling from Rs 202.46 million to Rs 122.97 million year-over-year, and from Rs 210.99 million year-to-date. The consolidated results, which now include SMK Helmets Europe SRL incorporated in May 2026, mirror the standalone performance. The company’s basic and diluted earnings per share remain consistent at Rs 3.12. The decline in profit, changes in the effective tax rate, and the impact of the new subsidiary are areas for further investigation.
Studds Accessories Limited reported total income of Rs 1,729.20 million for the quarter ended June 30, 2026, a 13.3% increase compared to Rs 1,492.19 million in the same quarter of the previous year. While revenue grew, the company’s profit for the period decreased significantly, falling from Rs 202.46 million to Rs 122.97 million year-over-year, and from Rs 210.99 million year-to-date. The consolidated results, which now include SMK Helmets Europe SRL incorporated in May 2026, mirror the standalone performance. The company’s basic and diluted earnings per share remain consistent at Rs 3.12. The decline in profit, changes in the effective tax rate, and the impact of the new subsidiary are areas for further investigation.