Financial Results for Q1 FY27 (Quarter ended June 30, 2026)

The Board approved the unaudited standalone financial results for the first quarter ended June 30, 2026:

Income Statement (₹ in Lakhs):

  • Revenue from Operations: ₹616.91
  • Other Income: ₹11.95
  • Total Income: ₹628.85
  • Cost of Materials Consumed: ₹87.75
  • Laboratory Testing Charges: ₹36.25
  • Employee Benefits Expense: ₹249.39
  • Finance Costs: ₹9.19
  • Depreciation and Amortization: ₹40.91
  • Other Expenses: ₹209.13
  • Total Expenses: ₹632.62
  • Loss Before Tax: (₹3.77)
  • Tax Expenses: ₹0
  • Loss After Tax: (₹3.77)
  • Other Comprehensive Income: ₹0
  • Total Comprehensive Income: (₹3.77)

Comparative Performance:

  • Q1 FY26 (June 30, 2025): Profit after tax of ₹46.94 lakh
  • Q4 FY26 (March 31, 2026): Loss after tax of ₹68.91 lakh
  • Full Year FY26: Profit after tax of ₹5.13 lakh

Earnings Per Share:

  • Basic EPS: (₹0.04)
  • Diluted EPS: (₹0.04)

Capital Structure:

  • Paid-up Equity Share Capital (Face value ₹10 each): ₹1,029.30 lakh

Management Appointments and Changes

1. Redesignation of Executive Director:

  • Mr. Nikunj Velji Mange (DIN: 08489442) redesignated as "Managing Director" effective August 12, 2026
  • Term: 5 years
  • Subject to shareholder approval in ensuing Annual General Meeting
  • Profile: Bachelor of Engineering in Computer Science from University of Mumbai, Master's student from University of Texas at Arlington, 12+ years experience in software industry
  • Not related to any other Directors/Key Managerial Personnel

2. Appointment of Additional Executive Director:

  • Mr. Vaibhav Odhekar (DIN: 05135001) appointed as Additional Executive Director effective August 12, 2026
  • Appointment subject to shareholder approval
  • Profile: Seasoned entrepreneur with 20+ years experience in technology-led platforms, Co-founder of POKKT (merged with AnyMind Group), MBA from IIM Lucknow, Bachelor of Engineering from Bhilai Institute of Technology
  • Not related to any other Directors/Key Managerial Personnel

Internal Auditor Appointment

  • M/s. Harsh Kholiya & Co, Practicing Chartered Accountants (Firm Registration Number: 159312W) appointed as Internal Auditor
  • Term: 9 months (for Q2, Q3, and Q4 of FY 2026-27)
  • Profile: Mr. Harsh Arvindbhai Kholiya has professional experience in Audit, Accounting, Taxation, GST, Financial Reporting and Statutory Compliance

Fundraising Decision

  • The Board considered a proposal for fundraising but decided not to take up the agenda at the present meeting
  • No decision was taken regarding fundraising