Board Meeting Details

The Board of Directors meeting was held on August 1, 2026, commencing at 11:30 AM and concluding at 3:35 PM. The Board reviewed and approved the Unaudited Financial Results (Standalone and Consolidated) for the quarter ended June 30, 2026.

Financial Results - Consolidated (₹ in Lakhs)

Income Statement Highlights:

  • Revenue from operations: Q1 FY27: 4,569.606 (Unaudited) vs Q1 FY26: 3,501.616 (Unaudited) - 30.5% YoY growth
  • Other income: Q1 FY27: 47.316 (Unaudited) vs Q1 FY26: 54.578 (Unaudited)
  • Total income: Q1 FY27: 4,616.922 (Unaudited) vs Q1 FY26: 3,556.194 (Unaudited)
  • Profit before tax: Q1 FY27: 371.680 (Unaudited) vs Q1 FY26: 327.719 (Unaudited)
  • Tax expense: Q1 FY27: 95.615 (Current: 95.330, Deferred: 2.85) vs Q1 FY26: 83.967
  • Profit for the period: Q1 FY27: 276.065 (Unaudited) vs Q1 FY26: 243.752 (Unaudited)
  • Total comprehensive income: Q1 FY27: 275.001 (Unaudited) vs Q1 FY26: 244.727 (Unaudited)

Key Metrics:

  • Earnings per share (Basic & Diluted): ₹7.78 (Face value ₹2 per share)
  • Paid-up equity share capital: ₹71.010 lakhs
  • Other equity: ₹4,985.843 lakhs (as of March 31, 2026)

Subsidiary Information

The consolidated results include:

  • D-Link (India) Limited (Parent)
  • TeamF1 Networks Private Limited (Subsidiary)

Legal and Regulatory Matters

The company has received a demand order from the Commissioner of Customs (Adjudication), Mumbai on January 19, 2026, contending that royalty payments made to parent company D-Link Corporation, Taiwan, on sale of third-party products should have been included in the assessable value of goods imported from third-party vendors.

Demand Details:

  • Total amount demanded: ₹611.49 lakhs (inclusive of differential duty, fines, and penalties, excluding interest)
  • Voluntary ad-hoc payments made during investigation: ₹100.00 lakhs
  • Appeal filed with Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Mumbai on April 7, 2026

Employee Benefits

Pursuant to the New Labour Codes and relevant Accounting Standards, the Group has recognized an employee benefits expense of ₹259.99 lakhs (₹249.73 lakhs for gratuity and ₹10.26 lakhs for leave encashment) in the Statement of Profit and Loss for year ended March 31, 2026.

Business Segment

The Group is primarily engaged in the business of providing networking products and related services in relation to security features, which is the only reportable business segment.

Auditor Review

The unaudited financial results have been reviewed by the statutory auditors, 8 S R & Co. LLP, who expressed an unmodified review conclusion. The results were prepared in accordance with Ind AS 34 and comply with Regulation 33 of SEBI Listing Regulations.

Financial Results Availability

The results are available at https://investors.dlink.co.in/, www.nseindia.com, and www.bseindia.com.