ArMee Infotech Q2 FY27 Consolidated Net Loss ₹2.10 Cr

Total Income: ₹736.065 lakhs
Revenue from Operations: ₹732.621 lakhs
Other Income: ₹34.44 lakhs
Total Expenses: ₹734.309 lakhs
Profit/(Loss) Before Tax and Exceptional Item: ₹17.56 lakhs
Exceptional Items (IPO related expenses): ₹271.83 lakhs
Profit/(Loss) Before Tax: (₹254.27) lakhs
Total Tax Expenses: (₹44.07) lakhs (Current Tax: ₹52.58 lakhs credit, Deferred Tax: ₹8.51 lakhs charge)
Net Profit/(Loss) for the Quarter: (₹210.20) lakhs
Other Comprehensive Income/(Loss): (₹1.61) lakhs
Total Comprehensive Income/(Loss): (₹211.81) lakhs
Basic EPS: (₹0.88)
Diluted EPS: (₹0.88)
Paid-up Equity Share Capital: ₹317.314 lakhs (face value ₹10 each)

Total Income: ₹3,497.250 lakhs
Revenue from Operations: ₹3,490.559 lakhs
Other Income: ₹66.91 lakhs
Total Expenses: ₹3,470.311 lakhs
Profit/(Loss) Before Tax and Exceptional Item: ₹269.39 lakhs
Exceptional Items (IPO related expenses): ₹271.83 lakhs
Profit/(Loss) Before Tax: (₹2.44) lakhs
Total Tax Expenses: ₹26.24 lakhs (Current Tax: ₹46.61 lakhs, Deferred Tax: ₹20.37 lakhs credit)
Net Profit/(Loss) for the Period: (₹28.68) lakhs
Other Comprehensive Income/(Loss): (₹3.24) lakhs
Total Comprehensive Income/(Loss): (₹31.92) lakhs
Basic EPS: (₹0.12)
Diluted EPS: (₹0.12)

Board Meeting Date: 5 November 2026 (3:00 PM to 6:00 PM)
Previous Intimation Date: 2 November 2026 (under Regulation 29)
Period Ended: September 30, 2026
IPO Completion Date: Quarter ended September 30, 2026
Listing Date: September 30, 2026
Trading Window Closure: Closed for quarter ended September 30, 2026, will reopen 48 hours after results declaration

Subsidiaries: ArMee Technology Service Private Limited, ArMee BESS Private Limited, ArMee UP Renewable Energy Private Limited, ArMee MH Renewable Energy Private Limited, ArMee MP Renewable Energy Private Limited (all wholly owned)
Statutory Auditors: Kantilal Patel & Co. (ICAI Firm registration number: 104744W)
Stock Exchanges: BSE Limited, National Stock Exchange of India Limited
Compliance Officer: Purnima Jain, Company Secretary

Completion: Q2 FY27 (quarter ended September 30, 2026)
Issue: 80,00,000 equity shares of face value ₹10 each
Issue Price: ₹375 per share
Fresh Issue Amount: ₹30,000 lakhs
Listing: BSE and NSE on September 30, 2026
IPO Proceeds Utilization (as of September 30, 2026):
Funds for securing PBGs for business expansion: ₹15,500.00 lakhs (allocated, not utilized)
Working capital requirements: ₹6,000.00 lakhs (allocated, not utilized)
Prepayment/repayment of borrowings: ₹650.00 lakhs (allocated, not utilized)
General corporate purposes: ₹4,226.83 lakhs (allocated, not utilized)
Issue Expenses: ₹3,623.17 lakhs (allocated), ₹2,884.70 lakhs utilized, ₹738.47 lakhs unutilized
Total unutilized: ₹27,115.30 lakhs

IPO related expenses of ₹271.83 lakhs recognized in the Statement of Profit and Loss for both consolidated and standalone results

The Group has two reportable segments:

1. IT Infrastructure Solution and Managed Services

2. Renewable Energy

The exceptional IPO expenses of ₹271.83 lakhs significantly impacted quarterly profitability
The IPO resulted in increased share capital from ₹237.314 lakhs to ₹317.314 lakhs
Majority of IPO proceeds (₹27,115.30 lakhs) remain unutilized as of September 30, 2026

Increase in paid-up equity share capital from ₹237.314 lakhs to ₹317.314 lakhs due to IPO
Dilution impact not quantified in the disclosure

Consolidated cash flow shows net decrease in cash and cash equivalents of ₹156.68 lakhs for H1 FY27
Significant cash used in investing activities (₹23,359.55 lakhs) primarily due to placement of funds in earmarked IPO accounts
Financing activities generated ₹30,056.96 lakhs primarily from equity share issuance

Statutory auditors conducted limited review of both consolidated and standalone results
Unmodified conclusion with emphasis on management-provided comparative figures for September 30, 2025
Review conducted in accordance with SRE 2410