Financial Results Approval

The Board approved the unaudited financial results for the half-year ended 30th September, 2026, along with the Limited Review Report. The financial results show:

Income Statement Highlights (₹ in Lakhs):

  • Revenue from Operations: ₹407.87 (H1 FY27) vs ₹453.51 (H1 FY26)
  • Other Income: ₹4.89 (H1 FY27) vs ₹0.12 (H1 FY26)
  • Total Income: ₹412.76 (H1 FY27) vs ₹453.63 (H1 FY26)
  • Total Expenses: ₹561.66 (H1 FY27) vs ₹638.09 (H1 FY26)
  • Loss Before Tax: ₹(148.90) (H1 FY27) vs ₹(184.46) (H1 FY26)
  • Deferred Tax: ₹10.51 (H1 FY27) vs ₹4.32 (H1 FY26)
  • Net Loss: ₹(148.39) (H1 FY27) vs ₹(188.79) (H1 FY26)
  • Basic & Diluted EPS: ₹(4.08) (H1 FY27) vs ₹(5.19) (H1 FY26)

Balance Sheet Position (₹ in Lakhs as of 30-09-2026):

  • Share Capital: ₹363.63 (unchanged)
  • Reserves and Surplus: ₹576.23 (down from ₹724.62 as of 31-03-2026)
  • Total Shareholders' Funds: ₹939.86 (down from ₹1,088.25)
  • Long-term Borrowings: ₹32.89 (up from ₹23.90)
  • Short-term Borrowings: ₹190.85 (up from ₹117.07)
  • Total Equity and Liabilities: ₹1,260.46 (down from ₹1,274.15)
  • Non-current Assets: ₹454.84 (down from ₹463.02)
  • Current Assets: ₹805.62 (up from ₹681.12)
  • Cash and Cash Equivalents: ₹15.76 (down from ₹17.62)

Cash Flow Statement (₹ in Lakhs for H1 FY27):

  • Net Cash Used in Operating Activities: ₹(35.29)
  • Net Cash Used in Investing Activities: ₹(40.37)
  • Net Cash from Financing Activities: ₹73.80
  • Net Decrease in Cash: ₹(1.86)

IPO Proceeds Utilization Statement

The Board approved the Statement of Deviations/Variations for the proceeds of the Initial Public Offering (IPO) for the half-year ended 30th September, 2026, as required under Regulation 32 of SEBI LODR Regulations, 2015.

IPO Details:

  • Mode of Fund Raising: Initial Public Offering
  • Date of Raising Funds: 10th May, 2024
  • Amount Raised: ₹1,243.00 Lakhs

Utilization Status:

  • No deviation or variation in use of funds raised
  • Purchase of Software: ₹500.00 Lakhs allocated, ₹500.00 Lakhs utilized
  • Working Capital Requirements: ₹500.00 Lakhs allocated, ₹500.00 Lakhs utilized
  • General Corporate Purposes: ₹243.00 Lakhs allocated, ₹234.79 Lakhs utilized
  • ₹8.21 Lakhs remains parked in ICICI Escrow Account as of reporting date