Penny Stock Under Rs 2 Announces Q1 FY27 Results: Revenue Rises 104%, Net Profit Turns Positive

HOMRE Limited, formerly known as Triton Corp. Limited, reported a strong performance for the first quarter of FY27, with a sharp rise in revenue and a return to profitability. The company operates in renewable energy and sustainable industrial solutions.

On a standalone basis, total operating income for the June 2026 quarter stood at Rs 1,192.29 lakh, up 103.6 per cent from Rs 585.67 lakh in Q4 FY26. Profit before Tax increased 75 per cent quarter-on-quarter to Rs 84.82 lakh from Rs 48.47 lakh.

The company reported a net profit after tax of Rs 63.46 lakh in Q1 FY27, compared with a net loss of Rs 76.46 lakh in the previous quarter. Earnings per share also turned positive at Rs 0.032, compared with negative EPS of Rs 0.04 in Q4 FY26. Total comprehensive income stood at Rs 63.46 lakh.

HOMRE Limited operates across biomass energy, metal recycling and sustainable industrial solutions. Its renewable energy operations include the production of biomass pellets and briquettes from agricultural waste, while its metal recycling business focuses on conserving resources and reducing industrial pollution.

The company said rising demand for renewable energy, clean fuels and green industrial solutions in India could create further growth opportunities. It aims to build long-term value through sustainable business models, innovative technologies and research while supporting the transition towards a circular economy.

Disclaimer: The article is for informational purposes only and not investment advice.