Reason for Revision

The revision was necessary due to a typographical error in the "Total Expenses" figure in the Consolidated Statement of Profit and Loss. This error consequently affected certain derived line items and calculations, which have been appropriately corrected in the revised financial results. The company clarified that these corrections are purely clerical/typographical and do not have any material impact on the overall financial position.

Standalone Financial Results (Audited)

Financial Position as of March 31, 2026:

  • Total Assets: ₹16,627.81 lakh (Previous year: ₹15,322.99 lakh)
  • Non-Current Assets: ₹8,905.35 lakh (including Property, Plant and Equipment: ₹6,229.95 lakh, Investments: ₹2,434.39 lakh)
  • Current Assets: ₹7,744.46 lakh (including Trade receivables: ₹2,400.77 lakh, Bank balances: ₹954.14 lakh)
  • Total Equity: ₹14,184.21 lakh (Equity Share capital: ₹2,500.40 lakh, Other Equity: ₹11,683.81 lakh)
  • Total Liabilities: ₹2,443.60 lakh

Statement of Profit and Loss for FY26:

  • Revenue from Operations: ₹10,689.93 lakh
  • Other Income: ₹577.38 lakh (including Unrealized fair value gain of ₹195.96 lakh on Beacon Trusteeship Limited shares)
  • Total Income: ₹11,267.31 lakh
  • Total Expenses: Not explicitly stated in standalone summary
  • Profit Before Tax: ₹1,449.96 lakh
  • Exceptional Items: ₹(14.35) lakh (related to Labour Code impact)
  • Tax Expense: Details not provided in summary
  • Profit for the year: Not explicitly stated

Cash Flows for FY26:

  • Net Cash from Operating Activities: ₹463.84 lakh
  • Net Cash from Investing Activities: ₹(1,742.66) lakh
  • Net Cash from Financing Activities: ₹(54.94) lakh
  • Net Decrease in Cash: ₹(1,333.76) lakh

Consolidated Financial Results (Audited)

Financial Position as of March 31, 2026:

  • Total Assets: ₹19,287.16 lakh (Previous year: ₹17,887.38 lakh)
  • Non-Current Assets: ₹9,611.54 lakh (including Property, Plant and Equipment: ₹7,390.10 lakh, Goodwill: ₹236.65 lakh)
  • Current Assets: ₹9,675.62 lakh (including Trade receivables: ₹2,813.76 lakh, Investments: ₹1,544.86 lakh)
  • Total Equity: ₹16,520.85 lakh (Equity Share capital: ₹2,500.40 lakh, Other Equity: ₹13,107.92 lakh)
  • Non-Controlling Interests: ₹912.53 lakh
  • Total Liabilities: ₹2,766.31 lakh

Statement of Profit and Loss for Q4 FY26:

  • Revenue from Operations: ₹3,097.07 lakh
  • Other Income: ₹(290.17) lakh (including Unrealized fair value loss on investments)
  • Total Income: ₹2,806.90 lakh
  • Total Expenses: ₹2,727.70 lakh
  • Profit Before Exceptional Items and Tax: ₹79.20 lakh
  • Exceptional Items: ₹(37.53) lakh
  • Profit Before Tax: ₹116.73 lakh
  • Tax Expense: ₹78.50 lakh
  • Profit for the Quarter: ₹38.23 lakh
  • Basic EPS: ₹0.00 (not annualized)

Statement of Profit and Loss for FY26:

  • Revenue from Operations: ₹11,223.74 lakh
  • Other Income: ₹729.42 lakh
  • Total Income: ₹11,953.16 lakh
  • Total Expenses: ₹10,330.65 lakh
  • Profit Before Exceptional Items and Tax: ₹1,622.51 lakh
  • Exceptional Items: ₹14.71 lakh
  • Profit Before Tax: ₹1,607.80 lakh
  • Tax Expense: ₹391.84 lakh
  • Profit for the Year: ₹1,215.96 lakh
  • Basic EPS: ₹0.93
  • Total Comprehensive Income: ₹1,171.15 lakh

Segment Information:

  • The group operates in a single service segment with geographical reporting
  • Within India Revenue: ₹10,689.93 lakh (FY26)
  • Outside India Revenue: ₹533.81 lakh (FY26)

Cash Flows for FY26:

  • Net Cash from Operating Activities: ₹369.01 lakh
  • Net Cash from Investing Activities: ₹(1,856.22) lakh
  • Net Cash from Financing Activities: ₹(138.45) lakh
  • Net Decrease in Cash: ₹(1,625.66) lakh

Key Notes and Disclosures

1. Labour Code Impact: On November 21, 2025, the Government of India notified four Labour Codes. The company has assessed and disclosed incremental impact (primarily gratuity due to change in wage definition) under Exceptional Items, amounting to ₹(14.35) lakh in standalone and ₹14.71 lakh in consolidated results.

2. Investments: Significant fair value movements on Beacon Trusteeship Limited shares:

  • Standalone: Q4 FY26 unrealized loss of ₹(367.83) lakh, FY26 unrealized gain of ₹195.96 lakh
  • Consolidated: Q3 FY25 unrealized gain of ₹707.21 lakh, 9M FY26 unrealized gain of ₹563.80 lakh

3. Subsidiaries: Consolidated results include 6 subsidiaries: Cqub Infosystems Private Limited, Airan Global Private Limited, Quadpro ITES Limited, Airan Singapore Private Limited, Airan Australia Pty Limited, and Airan UK Limited.

4. Auditor's Opinion: Unmodified opinions were provided by Deora Maheshwari Co. Chartered Accountants for both standalone and consolidated results, confirming compliance with Ind AS and SEBI Listing Regulations.

5. Foreign Operations: Consolidated results include share of profit after tax from foreign subsidiaries of ₹(5.66) lakh for Q4 FY26 and ₹112.99 lakh for FY26.