Summary of Key Information:

Reporting Period (Quarter/Year): Quarter and Half Year ended September 30, 2026 (Q2 FY27, H1 FY27)

Nature of Filing / Announcement: Outcome of Board Meeting pursuant to Regulation 30 and 33 of SEBI LODR

Date of Board Meeting / Approval: November 13, 2026 (Adjourned Meeting held from 05:54 PM to 06:22 PM)

Audit Opinion: Clean opinion - Limited Review Report states "nothing has come to our attention that causes us to believe that the accompanying... statement... contains any material misstatement."

Auditor’s Comment: No qualifications or modifications. Clean report.

Key Financial Highlights [All amounts in Indian Rupees Lakhs]

Standalone Results:

Revenue from Operations:

  • Q2 FY27: ₹14,696.54
  • Q2 FY26: ₹15,430.12 [YoY: -4.75%]
  • H1 FY27: ₹30,126.66
  • H1 FY26: ₹27,424.72 [YoY: +9.85%]

Total Income:

  • Q2 FY27: ₹14,866.46
  • Q2 FY26: ₹15,743.25
  • H1 FY27: ₹30,609.71
  • H1 FY26: ₹27,575.82

Net Profit:

  • Q2 FY27: ₹266.90
  • Q2 FY26: ₹586.53 [YoY: -54.50%]
  • H1 FY27: ₹853.43
  • H1 FY26: ₹586.47 [YoY: +45.52%]

EPS:

  • Basic EPS Q2 FY27: ₹1.80
  • Diluted EPS Q2 FY27: ₹1.79

Other Equity:

  • As of Sep 30, 2026: ₹10,669.91
  • As of Mar 31, 2026: ₹10,089.08

Cash and Cash Equivalents:

  • As of Sep 30, 2026: ₹7,528.68
  • As of Mar 31, 2026: ₹8,103.62

Debt:

  • Short-term borrowings: ₹2,783.76 (Sep 30, 2026) vs ₹2,434.67 (Mar 31, 2026)
  • Long-term borrowings: ₹181.87 (Sep 30, 2026) vs ₹235.02 (Mar 31, 2026)
  • Total Borrowings: ₹2,965.63 (Sep 30, 2026) vs ₹2,669.69 (Mar 31, 2026)

Consolidated Results:

Revenue from Operations:

  • Q2 FY27: ₹16,050.35
  • Q2 FY26: ₹15,885.24 [YoY: +1.04%]
  • H1 FY27: ₹33,318.51
  • H1 FY26: ₹31,015.50 [YoY: +7.43%]

Total Income:

  • Q2 FY27: ₹16,207.16
  • Q2 FY26: ₹15,950.47
  • H1 FY27: ₹33,776.84
  • H1 FY26: ₹31,148.43

Net Profit:

  • Q2 FY27: ₹357.18
  • Q2 FY26: ₹480.31 [YoY: -25.64%]
  • H1 FY27: ₹956.04
  • H1 FY26: ₹902.09 [YoY: +5.98%]
  • Attributable to owners of the holding company: ₹956.04 (H1 FY27)

EPS:

  • Basic EPS Q2 FY27: ₹2.41
  • Diluted EPS Q2 FY27: ₹2.39

Other Equity:

  • As of Sep 30, 2026: ₹13,470.21
  • As of Mar 31, 2026: ₹12,725.78

Cash and Cash Equivalents:

  • As of Sep 30, 2026: ₹1,439.58
  • As of Mar 31, 2026: ₹916.50

Debt: Not separately disclosed in consolidated balance sheet summary.

Segment-wise Performance:

The Company has only one reportable business segment: "Technical Manpower Outsourcing".

Corporate Actions:

Dividend: Not declared in this announcement.

Other Corporate Actions: None specified in this announcement.

Other Significant Information:

Entities in Consolidation:

The consolidated results include the following subsidiaries and associates:

  • Subsidiaries (Direct): Aarvi Engineering and Consultants Private Limited, Aarvi Encon (FZE), Aarvi Encon Resources Limited, Aarvi Energy Company LLC
  • Subsidiaries (Indirect): Aarvi Encon LLC, Muscat (Subsidiary of Aarvi Encon (FZE)), MNR Technical Services LLC (Subsidiary of Aarvi Encon (FZE))
  • Associate Entities: PT. Aarvi Encon Services, Indonesia (49% stake), Aarvi Encon Staffing Services W.L.L., Qatar (49% stake, Joint Venture)

Exceptional Items: None for the current period (H1 FY27). The prior year exceptional item related to the New Labour Code impact and old gratuity provision write-back.

Forward-looking Guidance: Not provided.