Pace Digitek Limited Announces Unaudited Quarterly Financial Results for June 30, 2026
Pace Digitek Limited, formerly known as Pace Digitek Private Limited and Pace Digitek Infra Private Limited, has announced its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The company’s Board of Directors approved these results, which have been subjected to limited review by the statutory auditors, who issued an unmodified opinion on the corresponding Limited Review Report.The unaudited standalone and consolidated financial results reflect the performance of the Company for the quarter ended June 30, 2026.
Financial Highlights (Standalone Results)
For the quarter ended June 30, 2026, Pace Digitek recorded a Total Income of ₹2,831.31 million from both operations and other income. Revenue from operations stood at ₹2,642.40 million. The company reported a Profit after tax for the period of ₹425.14 million.The Independent Auditor's Review Report on the Unaudited Quarterly Standalone Financial Results is attached to the results. Key components of the standalone performance during this quarter included:
| Particulars | June 30, 2026 (Unaudited) | March 31, 2026 (Audited) | June 30, 2025 (Unaudited) | March 31, 2026 (Audited) |
|---|---|---|---|---|
| Revenue from operations | 2,642.40 | 4,870.37 | 3,396.65 | 17,108.08 |
| Total income | 2,831.31 | 5,038.37 | 3,455.84 | 17,576.75 |
| Total expenses | 2,258.88 | 4,344.70 | 2,766.63 | 14,121.91 |
| Profit before tax | 572.43 | 693.67 | 689.21 | 3,454.84 |
| Total tax expense | 147.29 | 287.49 | 178.81 | 990.04 |
| Profit after tax | 425.14 | 406.18 | 510.40 | 2,464.80 |
Consolidated Results Overview
The consolidated financial results show a larger scale of operations for the quarter ended June 30, 2026. Total income for the Group stood at ₹5,837.05 million, while revenue from operations was recorded at ₹5,553.64 million. The company achieved a Profit after tax of ₹625.05 million in the current quarter.The Consolidated Financial Results are as follows:
| Particulars | June 30, 2026 (Unaudited) | March 31, 2026 (Audited) | June 30, 2025 (Unaudited) | March 31, 2026 (Audited) |
|---|---|---|---|---|
| Revenue from operations | 5,553.64 | 10,967.79 | 3,670.79 | 26,412.70 |
| Total income | 5,837.05 | 11,169.32 | 3,727.15 | 26,873.78 |
| Total expenses | 5,020.76 | 9,711.19 | 2,988.36 | 22,578.49 |
| Profit before tax | 816.29 | 1,458.13 | 738.79 | 4,295.29 |
| Total tax expense | 191.24 | 398.92 | 191.81 | 1,222.65 |
| Profit after tax | 625.05 | 1,059.21 | 546.98 | 3,072.64 |
Capital Structure and Funds Utilization
During the previous financial year, Pace Digitek completed its Initial Public Offer (IPO) which raised Rs. 8,191.48 million. The offer expenses were estimated at Rs. 733.14 million, leaving a net proceeds amount of Rs. 7,458.34 million.The company has reported that the unutilized amounts from the IPO stand at Rs. 1,469.00 million. This unutilized amount includes funds held by Pace Renewable Energies Private Limited (PREPL), a wholly owned subsidiary, amounting to Rs. 514.94 million.
Additionally, during the quarter, the Company subscribed to 79,36,507 Equity Shares via a rights issue of PREPL, which had a face value of Rs. 10 each and was issued at a premium of Rs. 53 per share, aggregating to Rs. 500.00 million. The funds raised by PREPL are designated for capital expenditure related to setting up Battery Energy Storage Systems for a project awarded by the Maharashtra State Electricity Distribution Company Limited. To date, PREPL has incurred capital expenditure of Rs. 4,860.45 million for this project.
PACEDIGITK Stock Price Movement
Pace Digitek Limited shares closed down today, shedding 0.41% to settle at ₹200.82. The stock traded a total volume of 1.61 million shares during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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