Summary of Key Information:

Reporting Period: Quarter ended June 30, 2026 (Q1 FY27)

Nature of Filing / Announcement: Outcome of Board Meeting - Approval of Standalone Unaudited Financial Results

Audit Opinion:

Qualified Review Report - Auditors raised concerns about the classification of a Rs 4.95 crore deposit write-back as compensation income

Key Financial Highlights [Rs. In Lakhs]:

Standalone Results:

Revenue from Operations: Rs 3.33 lakh (compared to Rs 409.82 lakh in Q1 FY26 - significant decline)

Other Income: Rs 22.05 lakh (includes Rs 495.00 lakh exceptional item)

Total Income: Rs 25.38 lakh

Expenses Breakdown:

  • Purchase of stock-in-trade: Rs 6.29 lakh
  • Employee benefits expense: Rs 53.52 lakh
  • Finance cost: Rs 19.62 lakh
  • Depreciation and Amortisation Expenses: Rs 48.61 lakh
  • Other expenses: Rs 58.16 lakh

Total Expenses: Rs 186.20 lakh

Profit/(Loss) from Operations before Exceptional Items: (Rs 160.82) lakh

Exceptional items: Rs 495.00 lakh (deposit write-back)

Profit before tax: Rs 334.18 lakh (compared to Rs 210.88 lakh in Q1 FY26 and (Rs 193.02) lakh in Q4 FY26)

Tax expense:

  • Tax adjustment of earlier years: Rs 5.00 lakh
  • Deferred Tax Assets: Rs 32.32 lakh

Net Profit for the period: Rs 366.50 lakh (Rs 3.67 crore) (compared to Rs 210.01 lakh in Q1 FY26 and (Rs 202.25) lakh in Q4 FY26)

Paid up capital: Rs 3,468.95 lakh

Other equity excluding revaluation reserve: Rs 5,115.90 lakh (increased from Rs 4,749.40 lakh in Q4 FY26)

Earnings Per Share (Face Value Rs 2.00 per share):

  • Basic EPS: Rs 0.21
  • Diluted EPS: Rs 0.21

Segment-wise Performance:

The company has only one reportable segment as per IND AS 108 - Operating Segments: Payment Processing and other allied services.

Corporate Actions:

Not Specified

Other Significant Information:

Forfeiture of Deposit from Vendors:

During the quarter ended June 30, 2026, the Company forfeited an amount of Rs 4,94,99,990 representing deposits received from various vendors/merchants. These deposits were held by the Company as security/indemnity against potential claims and liabilities arising from various cyber complaints and litigations involving the concerned vendors.

Since the Company has no further obligation to refund these amounts and the right to retain the deposits has crystallised during the quarter, the amount has been recognised as income and credited to the Statement of Profit and Loss under "Other Income" for the quarter ended June 30, 2026.

Board Authorization:

The board authorized Mr. Rajesh Thakur (Managing Director, DIN: 08378490), Mr. Dhaval Mistry (Non-executive director, DIN: 03411290), and Mr. Saurin Shah (CFO) to furnish the unaudited financial results to the Stock Exchange and arrange publication as per SEBI (LODR) Regulations, 2015 format.