Nature of the Event
Adroit Infotech Limited disclosed its unaudited financial results for the quarter ended 30 June 2026. The results were reviewed by the audit committee and approved by the board of directors at its meeting held on 04 August 2026.
Key Quantitative Figures
- Total Income from Operations: ₹126.41 lakh (standalone), ₹221.05 lakh (consolidated) for the quarter ended 30 June 2026.
- Net Profit/(Loss) for the period after tax: ₹-15.64 lakh (standalone), ₹-14.72 lakh (consolidated) after exceptional and extraordinary items.
- Basic Earnings per Share: ₹-0.03 (standalone), ₹-0.03 (consolidated) for the quarter, with face value of ₹10 per share.
- Equity Share Capital: As per audited balance sheet of previous year (31 March 2026), equity share capital was 541772 (units not specified, likely number of shares or amount in lakhs).
Parties Involved
- Audit Committee
- Board of Directors
- Rights Issue Committee
- Statutory Auditors (who issued an unmodified review report)
Purpose or Stated Rationale
The financial results are prepared in compliance with regulatory requirements under the Companies Act 2013 and Ind AS.
Financial Impact
Net loss for the quarter as reported.
Capital Structure Impact
- During the quarter, the company gave a last opportunity to shareholders holding 30,91,222 rights shares who could not pay the first call/final call of the rights issue.
- The Rights Issue Committee allotted 4,51,312 shares on 22 May 2026.
- The remaining 26,39,910 unpaid shares will be forfeited after obtaining necessary permissions under SEBI guidelines and Companies Act.
Cash Flow Implications
Not disclosed.
Forward-looking Guidance or Management Commentary
Management stated that the company's ability to continue as a going concern is dependent on revival possibilities in the foreseeable future.
Material Changes
- Compared to the previous quarter ended 31 March 2026, net loss reduced from ₹172.54 lakh to ₹15.64 lakh (standalone).
- Figures for previous periods have been regrouped wherever necessary.
Additional Information
- The company is primarily engaged in SAP Support Services, which is considered a single business segment, so segment-wise information is not provided.
- The unaudited consolidated financial results are also published, and investors can view them on the company's website.
- The statutory auditors have carried out a review of the financial results and issued an unmodified report.
Notes
1. The unaudited financial results have been reviewed by the audit committee and approved by the board.
2. Prepared in accordance with Ind AS.
3. Previous period figures regrouped.
4. Going concern assumption dependent on revival.
5. Segment reporting not required as single segment.
6. Rights issue allotment details.
7. Figures regrouped for comparison.