Mom’s Belief (Rays of Belief Ltd) has reported a strong Q1
MOMSBELIEF
Mom’s Belief (Rays of Belief Ltd) has reported a strong Q1 FY27 performance with a net profit of ₹2.79 crore and revenue of ₹25.31 crore, marking its first results post-IPO. The company also completed the acquisition of City Pro Group Inc. in the U.S., strengthening its international footprint.
📊 Key Financial Highlights (Q1 FY27)
Revenue: ₹25.31 crore
Operating Profit: ₹5.03 crore
Operating Margin: 19.86%
Net Profit: ₹2.79 crore
EPS: ₹1.78 per share
Other Income: ₹0.05 crore (minimal, showing earnings are operationally driven)
🌍 Strategic Expansion
Acquisition: On 18 September 2026, Mom’s Belief US Inc. acquired City Pro Group Inc., a New York-based pediatric healthcare provider.
City Pro Group Revenue: US$11.43 million (~₹97.27 crore) in FY25.
Capabilities Added: Early Intervention, special education, speech therapy, occupational therapy, physical therapy, and behavioral services.
Geographic Reach: Operations across Bronx, Brooklyn, Manhattan, and Long Island.