Board Meeting Details

The Board of Directors meeting was held on Friday, May 29, 2026, commencing at 3:00 PM and concluding at 4:15 PM.

Key Decisions and Approvals

1. Financial Results Approval: The Board approved the Standalone and Consolidated Audited Financial Results for the quarter and financial year ended March 31, 2026, including:

  • Statement of Assets and Liabilities as at March 31, 2026
  • Statement of Cash Flow as on March 31, 2026
  • Unmodified Audit Report from Statutory Auditors

2. Internal Auditor Reappointment: Upon recommendation of the Audit Committee, the Board approved the reappointment of M/S Anuj Kumar & Associates, Chartered Accountants as Internal Auditors for Financial Year 2026-27.

Financial Performance Highlights (Standalone)

Quarter Ended March 31, 2026:

  • Revenue from Operations: ₹1,809.74 lakhs
  • Other Income: ₹48.47 lakhs
  • Total Income: ₹1,814.59 lakhs
  • Net Profit for the period: ₹136.57 lakhs
  • Basic EPS: ₹2.99
  • Diluted EPS: ₹2.99

Year Ended March 31, 2026:

  • Revenue from Operations: ₹4,318.56 lakhs
  • Other Income: ₹268.93 lakhs
  • Total Income: ₹4,345.45 lakhs
  • Net Profit for the year: ₹138.79 lakhs
  • Basic EPS: ₹3.04
  • Diluted EPS: ₹3.04

Financial Performance Highlights (Consolidated)

Quarter Ended March 31, 2026:

  • Revenue from Operations: ₹1,809.74 lakhs
  • Other Income: ₹45.28 lakhs
  • Total Income: ₹1,814.27 lakhs
  • Net Profit for the period: ₹133.32 lakhs
  • Basic EPS: ₹2.92
  • Diluted EPS: ₹2.92

Year Ended March 31, 2026:

  • Revenue from Operations: ₹4,318.56 lakhs
  • Other Income: ₹256.34 lakhs
  • Total Income: ₹4,344.19 lakhs
  • Net Profit for the year: ₹127.46 lakhs
  • Basic EPS: ₹2.79
  • Diluted EPS: ₹2.79

Subsidiary Information

The consolidated results include Indo Education Private Ltd. (subsidiary) with:

  • Total assets: ₹40.73 lakhs as at March 31, 2026
  • Total revenue: ₹0.97 lakhs for year ended March 31, 2026
  • Net loss after tax: ₹11.33 lakhs for year ended March 31, 2026
  • Net cash inflows: ₹0.38 lakhs for year ended March 31, 2026

Audit Opinion

Statutory Auditors OP Bagla & Co LLP issued unmodified audit opinions for both standalone and consolidated financial results, confirming true and fair view in accordance with Indian Accounting Standards.

Cash Flow Statements

Standalone for Year Ended March 31, 2026:

  • Net cash flow from operating activities: (₹1,336.73 lakhs)
  • Net cash flow from investing activities: ₹1,298.48 lakhs
  • Net decrease in cash & cash equivalent: ₹38.25 lakhs
  • Closing cash & cash equivalent: ₹137.48 lakhs

Consolidated for Year Ended March 31, 2026:

  • Net cash flow from operating activities: (₹1,292.78 lakhs)
  • Net cash flow from investing activities: ₹1,254.91 lakhs
  • Net decrease in cash & cash equivalent: ₹37.87 lakhs
  • Closing cash & cash equivalent: ₹138.38 lakhs

Significant Notes to Financial Results

1. New Labour Codes Impact: The Government of India consolidated 29 labour legislations into four labour codes effective from November 21, 2025. The incremental impact assessed by the Company is not material and has been recognized in the financial results.

2. Inter-Corporate Deposit Default: During Q3 FY26 (quarter ended December 31, 2025), a borrower defaulted in repayment of interest and principal on an Inter Corporate Deposit. The Company is actively pursuing legal remedies for recovery.

3. Segment Reporting: The Company is engaged in a single segment, hence segment-wise reporting is not applicable.

4. Previous Period Figures: Previous period figures have been reclassified/regrouped wherever necessary for comparability.

Internal Auditor Profile

Anuj Kumar & Associates, established in 2015, provides accounting, financial consultancy, auditing services (internal and statutory), business process outsourcing, taxation services (Direct, Indirect, GST), TAN-PAN services, and payroll services.