Board Meeting Details
The Board of Directors meeting was held on Wednesday, August 5, 2026, commencing at 12:30 PM and concluding at 1:00 PM at the company's registered office at Unit No. 500, 5th Floor, ITL Twin Tower, Plot No. B-9, NSP, Pitampura, Saraswati Vihar, North West Delhi, Delhi-110034.
Agenda Items Approved
1. Un-Audited Financial Results: The Board considered and approved the un-audited financial results along with the Limited Review Report for the quarter ended June 30, 2026.
2. 44th Annual General Meeting: The Board approved the notice of the 44th AGM to be held through Video Conferencing/Other Audio Visual Means (VC/OAVM). The notice and relevant documents will be dispatched to shareholders in due course.
3. Director's Report: The Board approved the Director's Report for the financial year 2025-26 prepared under Section 134(3) of the Companies Act, 2013 and SEBI LODR Regulations.
4. Appointment of Scrutinizer: The Board approved the appointment of Mr. Sumit Bajaj (CoP: 23948), Practicing Company Secretary, as Scrutinizer for conducting remote e-voting/e-voting process during the AGM.
Financial Results Overview (Quarter Ended June 30, 2026)
The company reported standalone financial results in accordance with Ind AS 34:
Income Statement Highlights (₹ in Lakhs):
- Revenue from Operations: ₹33.00 (primarily from Artificial Intelligence business)
- Other Income: ₹21.91
- Total Income: ₹54.91
- Total Expenses: ₹42.84 (including Employee benefits: ₹26.19, Depreciation: ₹7.70, Other expenses: ₹8.95)
- Profit Before Tax: ₹12.07
- Tax Expense: ₹3.60 (Deferred tax)
- Profit After Tax: ₹8.48
- Earnings Per Share (Basic and Diluted): ₹0.72
Comparative Performance:
- The company showed significant improvement compared to Q1 FY2026 which had a net loss of ₹174.10 lakh
- Sequential improvement from Q4 FY2026 which had a net loss of ₹14.23 lakh
Balance Sheet Highlights:
- Paid-up equity share capital: ₹118.30 lakh (face value ₹10 per share)
- Other Equity: ₹3,645.50 lakh
Segment-wise Performance (₹ in Lakhs)
The company operates in two segments:
1. Artificial Intelligence & Web and App Development
- Segment Results: Loss of ₹9.84
- Segment Assets: ₹1,793.78
- Segment Liabilities: ₹93.58
2. Loans and Advances
- Segment Results: Profit of ₹21.91
- Segment Assets: ₹1,302.40
- No segment liabilities
Consolidated Segment Data:
- Net Segment Assets: ₹4,059.89
- Net Segment Liabilities: ₹96.10
- Capital Employed: ₹3,963.79
Auditor's Review
S. Agarwal & Co., Chartered Accountants (Firm Registration No. 000808N), conducted a limited review of the interim financial results in accordance with SRE 2410 issued by ICAI. The review provided moderate assurance that the financial statements are free from material misstatement. The auditor's report dated August 5, 2026, stated that nothing came to their attention that causes them to believe that the financial results were not prepared in accordance with applicable accounting standards and SEBI LODR requirements.
Additional Information
- The financial results were reviewed by the Audit Committee before Board approval
- Figures for previous periods have been regrouped where necessary to confirm to current period classification
- The company changed its name from Pankaj Piyush Trade and Investment Limited to Kairosoft AI Solutions Limited