Cura Technologies Limited held its Board Meeting on 12th November 2026 from 12:00 PM to 12:30 PM at the company's registered office in Hyderabad. The Board considered and approved three key items:
1. Financial Results Approval
The Board approved the un-audited financial results for the quarter and half year ended 30th September 2026, along with the limited review report provided by statutory auditors Pundarikashyam and Associates.
Financial Performance Highlights (₹ in lakhs):
- Q2 FY27 (Sep 2026): Net loss of ₹17.65 lakh, compared to net loss of ₹1.38 lakh in Q2 FY26
- Q1 FY27 (Jun 2026): Net loss of ₹27.78 lakh
- Half Year FY27: Net loss of ₹45.43 lakh, compared to net loss of ₹2.31 lakh in H1 FY26
- Revenue from Operations: Q2 FY27: ₹4.82 lakh; H1 FY27: ₹9.64 lakh (vs. ₹26.08 lakh in H1 FY26)
- Total Expenses: Q2 FY27: ₹22.47 lakh; H1 FY27: ₹55.07 lakh
- Earnings Per Share: Basic and diluted EPS of -₹0.18 for Q2 FY27, -₹0.46 for H1 FY27
Balance Sheet Position (as at 30th September 2026):
- Total Assets: ₹2,151.27 lakh (vs. ₹2,314.02 lakh as at 31st March 2026)
- Non-Current Assets: ₹1,895.91 lakh (including Goodwill: ₹1,585.27 lakh)
- Current Assets: ₹255.36 lakh (Cash & Cash Equivalents: ₹32.07 lakh)
- Total Equity: ₹592.96 lakh
- Non-Current Liabilities: ₹607.04 lakh (Borrowings)
- Current Liabilities: ₹951.28 lakh
Cash Flow Statement (H1 FY27):
- Net cash flow from operating activities: (₹90.32) lakh
- Net cash flow from investing activities: ₹0
- Net cash flow from financing activities: (₹74.27) lakh
- Net decrease in cash and cash equivalents: (₹164.58) lakh
2. Secretarial Auditor Resignation
The Board accepted the resignation of M/s. Aakanksha Dubey & Co., Practicing Company Secretaries, as Secretarial Auditor of the company effective 12th November 2026. The resignation was due to "pre-occupation with other professional assignments."
3. New Secretarial Auditor Appointment
The Board appointed M/s. Manoj Parakh & Associates, Practicing Company Secretaries, as Secretarial Auditors of the Company for the financial years 2026-27 and 2027-28, effective 12th November 2026. This appointment fills the casual vacancy created by the resignation of the previous auditors.
Profile of New Auditor: Manoj Parakh is a Practicing Company Secretary with approximately sixteen years of post-qualification experience. He is a peer-reviewed fellow member of ICSI and a Registered Trademark Agent. The firm has over 10 years of experience including work with listed companies.
Additional Information
The financial results were prepared in accordance with Indian Accounting Standards (Ind AS) and have been reviewed by the Audit Committee. The company operates in one reportable business segment of IT services. The Managing Director and CFO have certified the financial results as required under Regulation 33(2)(a) of SEBI (LODR) Regulations, 2015.