Financial Results Summary
Income Statement Highlights (₹ in Lakhs)
Quarter Ended September 30, 2026:
- Revenue from operations: ₹1,938.25
- Other income: ₹12.46
- Total income: ₹1,950.71
- Profit before tax and exceptional item: ₹78.88
- Net profit for the period: ₹57.58
- Basic and diluted EPS: ₹2.87
Half Year Ended September 30, 2026:
- Revenue from operations: ₹3,700.34
- Other income: ₹20.84
- Total income: ₹3,721.17
- Profit before tax and exceptional item: ₹155.66
- Net profit for the period: ₹48.93
- Basic and diluted EPS: ₹2.44
Exceptional Items
For the quarter ended June 30, 2026, the company recognized an exceptional item of ₹78.44 lakhs related to the closure of wholly-owned subsidiary eYantra Ventures FZE, UAE, comprising:
- Credit loss in respect of advances given to subsidiary: ₹54.94 lakhs
- Impairment of investment in subsidiary: ₹23.50 lakhs
- Deferred tax asset recognized: ₹13.83 lakhs
Tax Expenses
Quarter Ended September 30, 2026:
- Current tax: ₹23.63 lakhs
- Deferred tax: (₹2.34) lakhs
- Total tax expense: ₹21.29 lakhs
Subsidiary Updates
Consolidated Results Deferral
The Board was unable to consider consolidated unaudited financial results for the quarter and half year ended September 30, 2026, due to non-receipt of financials from one subsidiary, Neuro and Spine Associates Private Limited.
Investment in Neuro and Spine Associates Private Limited
The company entered into a share subscription agreement on October 4, 2024, to subscribe to 75,000 equity shares (60% shareholding) aggregating to ₹1,500 lakhs. As of June 30, 2026, the company has invested ₹1,080 lakhs by subscribing to 54,000 equity shares at ₹2,000 per share, resulting in a 51.92% equity stake.
Closure of eYantra Ventures FZE, UAE
The Board decided on July 2, 2026, to close/strike off this non-functioning wholly-owned subsidiary, resulting in the exceptional items recognized in Q1 FY27.
Merger of Prismberry Technologies P Ltd.
The National Company Law Tribunal, Hyderabad, vide Order No. CA(CAA) 24/230/HDB/2026 dated July 15, 2026, allowed the application for merger of wholly-owned subsidiary Prismberry Technologies P Ltd. The appointed date for the scheme is April 1, 2026, but the assets, liabilities, income, and expenditure of Prismberry are not incorporated in the current results as subsequent steps for amalgamation are yet to be completed.
Segment Reporting
Revenue by Business Activity (₹ in Lakhs)
Quarter Ended September 30, 2026:
- Sale of merchandise: ₹1,381.83
- Supply of IT services: ₹556.43
- Supply of other services: Not applicable
Half Year Ended September 30, 2026:
- Sale of merchandise: ₹2,617.56
- Supply of IT services: ₹1,082.78
- Supply of other services: Not applicable
Geographical Segment (₹ in Lakhs)
Quarter Ended September 30, 2026:
- Within India: ₹1,864.43
- Outside India: ₹73.83
Half Year Ended September 30, 2026:
- Within India: ₹3,491.54
- Outside India: ₹208.80
Preferential Issue Utilization
The company allotted 1,87,500 equity shares of face value ₹10 each at ₹800 per share through preferential issue on private placement basis on January 17, 2025. Utilization of net proceeds as of September 30, 2026:
- Working capital requirements, strategic investments, alliances, mergers, acquisitions, inorganic growth, capital expenditure: ₹1,193.00 lakhs allocated, ₹1,192.10 lakhs utilized, ₹0.90 lakhs unutilized
- General corporate purpose: ₹300.00 lakhs allocated, ₹300.00 lakhs utilized, ₹0.00 unutilized
- Issue-related expenses: ₹7.00 lakhs allocated, ₹6.85 lakhs utilized, ₹0.15 lakhs unutilized
- Total proceeds: ₹1,500.00 lakhs, total utilized: ₹1,498.95 lakhs, total unutilized: ₹1.05 lakhs
Balance Sheet Position (as at September 30, 2026)
- Total assets: ₹4,628.55 lakhs (vs. ₹3,880.71 lakhs as at March 31, 2026)
- Equity share capital: ₹200.69 lakhs (unchanged)
- Other equity: ₹2,729.04 lakhs (vs. ₹2,680.11 lakhs)
- Long-term borrowings: ₹30.50 lakhs (vs. ₹0)
- Current borrowings: ₹477.57 lakhs (vs. ₹35.04 lakhs)
- Cash and cash equivalents: ₹6.59 lakhs (vs. ₹2.04 lakhs)
Trading Window Closure
The trading window shall remain closed until 48 hours after the declaration of consolidated unaudited financial results for the quarter and half year ended September 30, 2026, in accordance with SEBI (Prohibition of Insider Trading) Regulations and the company's code of conduct.
Board Meeting Details
The Board meeting was held on November 12, 2026, commencing at 5:00 PM IST and concluding at 5:40 PM IST.
Auditor Review
PRSV & Co LLP, Chartered Accountants, issued a limited review report stating that nothing has come to their attention causing them to believe that the accompanying statement contains any material misstatements.