Board Meeting Details

The Board of Directors meeting was held on July 27, 2026, commencing at 17:00 and concluding at 19:30. The meeting approved the un-audited standalone and consolidated financial results for Q1 FY27.

Financial Results Overview

Consolidated Financial Results (₹ in lakhs):

  • Total Income: ₹35,806.92
  • Profit before exceptional items and tax: ₹5,232.07
  • Exceptional items: Not applicable
  • Profit before tax: ₹5,232.07
  • Tax expenses: ₹100.61 (Current tax: ₹148.70, Deferred tax credit: ₹-48.09)
  • Profit after tax from continuing operations: ₹5,131.46
  • Profit/(Loss) from discontinued operations: ₹-90.98
  • Total comprehensive income: ₹4,665.21
  • Profit attributable to equity holders: ₹5,131.06
  • Earnings per share (continuing operations): Basic ₹9.53, Diluted ₹9.30
  • Earnings per share (discontinued operations): Basic ₹-0.17, Diluted ₹-0.17

Standalone Financial Results (₹ in lakhs):

  • Total Income: ₹21,059.88
  • Profit before tax: ₹3,027.68
  • Profit after tax: ₹2,411.19
  • Total comprehensive income: ₹2,348.40
  • Earnings per share: Basic ₹4.48, Diluted ₹4.36

Segment Information (Consolidated)

  • Sale of Software Services: Revenue ₹27,271.04 lakhs, Results ₹20,645.49 lakhs
  • Sale of Equipment and Product License: Revenue ₹8,535.88 lakhs, Results ₹4,572.46 lakhs
  • Total Segment Revenue: ₹35,806.92 lakhs
  • Total Segment Results: ₹25,217.95 lakhs

Subsidiary Information

The consolidated results include 42 subsidiaries. Statutory auditors noted:

  • 8 subsidiaries reviewed by other auditors: Total revenues ₹14,990.58 lakhs, net profit ₹2,607.69 lakhs
  • 33 subsidiaries not reviewed by auditors: Total revenues ₹9,004.20 lakhs, net loss ₹528.47 lakhs

Key Transactions and Events

Fintra Software Acquisition:

  • 100% equity stake acquisition approved April 9, 2025
  • Paid ₹2.50 crore as fixed purchase consideration during quarter
  • Performance-linked consideration of ₹3.00 crores lapsed due to non-achievement of milestones
  • No amount payable for performance-linked consideration

TProcess Inc Acquisition:

  • Aurionpro Solutions Pte. Ltd. acquired 100% stake in TProcess Inc (Canada)
  • Total purchase consideration: USD 1.075 million
  • Effective from May 6, 2026

Investment in Subsidiary:

  • Invested ₹1,000 lakhs in Aurionpro Payment Solutions Pvt. Ltd. (AuroPay)
  • Subscription to 1,00,00,000 Compulsory Convertible Preference Shares (face value ₹10 each)
  • Approved by Investment Committee to meet RBI net worth requirements

Accounting Policies and Notes

  • Prepared in accordance with Ind AS 34 'Interim Financial Reporting'
  • Foreign exchange gain of ₹39.38 lakhs for consolidated, ₹34.33 lakhs for standalone
  • Unbilled revenue accounted based on completion of contractual milestones
  • Implementation of four Labour Codes effective April 1, 2026 (restructured employee compensation)
  • Figures for quarter ended March 31, 2026 are balancing figures between audited annual and unaudited quarterly figures
  • Equity shares held by ESPS Trust consolidated in standalone financial statements

Auditor Review

  • M/s CKSP & CO LLP, Statutory Auditors conducted limited review
  • Issued unmodified conclusion for both standalone and consolidated results
  • Review conducted pursuant to Regulation 33 of SEBI LODR Regulations
  • Review report dated July 27, 2026