Key Quantitative Figures - Standalone Results (Quarter Ended June 30, 2026)

  • Total Revenue: ₹132.59 lakh
  • Total Expenses: ₹110.62 lakh (Cost of Inputs: ₹83.09 lakh, Employee Benefits: ₹9.19 lakh, Finance Cost: ₹0.00, Depreciation: ₹1.28 lakh, Other Expenses: ₹17.05 lakh)
  • Profit Before Tax: ₹21.97 lakh
  • Tax Expense: ₹5.50 lakh (Current Tax)
  • Profit After Tax: ₹16.47 lakh
  • Earnings Per Share (Basic/Diluted): ₹0.06
  • Paid-up Share Capital: ₹2,921.60 lakh
  • Face Value per Share: ₹10.00
  • Total Reserves: ₹8,047.37 lakh

Key Quantitative Figures - Consolidated Results (Quarter Ended June 30, 2026)

  • Revenue from Operations: ₹3,624.03 lakh
  • Other Income: ₹25.14 lakh
  • Total Revenue: ₹3,649.17 lakh
  • Total Expenses: ₹3,598.30 lakh (Cost of Inputs: ₹2,523.38 lakh, Employee Benefits: ₹647.15 lakh, Finance Cost: ₹21.78 lakh, Depreciation: ₹28.76 lakh, Other Expenses: ₹377.23 lakh)
  • Profit Before Tax: ₹50.87 lakh
  • Tax Expense: ₹5.45 lakh (Current Tax: ₹5.50 lakh, Income Tax - Earlier Years: -₹0.05 lakh)
  • Profit After Tax: ₹45.42 lakh
  • Other Comprehensive Income: -₹3.50 lakh
  • Total Comprehensive Income: ₹41.92 lakh
  • Earnings Per Share (Basic/Diluted): ₹0.16
  • Paid-up Share Capital: ₹2,921.60 lakh
  • Total Reserves: ₹11,283.57 lakh

Management Appointment Details

  • Name: Mr. Krishna Mohan Adalath
  • Position: Chief Executive Officer
  • Effective Date: August 4, 2026
  • Experience: Over two decades in Enterprise Technology, ERP, Cloud platforms, Global delivery, Customer success, and building high-performing teams
  • Expected Contribution: Business development and organizational leadership for sustainable growth and long-term value creation
  • Other Directorships: None disclosed
  • Relationships between Directors: None disclosed

Meeting Details

  • Board Meeting Date: August 4, 2026
  • Meeting Duration: 8:30 PM to 9:45 PM (IST)
  • Audit Committee reviewed and recommended financial results prior to Board approval

Subsidiary Information

Consolidated results include:

  • Edvenswa Tech Inc, USA (Wholly Owned Subsidiary)
  • Seltosoft Inc., USA (Step Down Subsidiary)
  • OMNI Networks Inc, USA (Wholly Owned Subsidiary)
  • Strategemist Global Private Limited, India (51% Subsidiary)

Auditor Qualifications

Limited review reports issued by Venugopal & Chenoy (Firm Regn. No.: 004671S):

  • Standalone review: Unmodified opinion, nothing came to attention causing belief of material misstatement
  • Consolidated review: Unmodified opinion, though interim financial results of two subsidiaries and one step-down subsidiary (representing Total Assets of ₹4,358.25 lakh, Revenue of ₹3,516.58 lakh, Net Profit of ₹28.95 lakh) were not reviewed and relied on management certification

Accounting Policies

  • Prepared in accordance with Indian Accounting Standards (Ind AS)
  • Adopted Ind AS from April 1, 2017
  • Single reportable business segment: Software Development
  • Previous period figures rearranged/regrouped for current period classification