Key Event: Board Meeting Outcome

The Board of Directors of LCC Infotech Limited met on Saturday, October 10, 2026. The meeting commenced at 5:30 PM and concluded at 6:30 PM.

The Board inter alia approved the following:

1. The Un-audited Standalone and Consolidated Financial Results of the Company for the quarter and half-year ended September 30, 2026.

2. The accompanying Limited Review Report from the statutory auditors for the unaudited standalone financial results.

Financial Performance Highlights (Standalone)

(All figures in ₹ Lakhs, except per share data and ratios)

For the Quarter Ended September 30, 2026 (Q2 FY27):

  • Revenue from Operations: ₹542.52 (compared to ₹0.10 in Q2 FY26)
  • Total Revenue: ₹542.52
  • Total Expenses: ₹317.78
  • Cost of Material Consumed: ₹297.16
  • Employee Benefit Expenses: ₹0.22
  • Finance Costs: ₹0.19
  • Depreciation and amortization expense: ₹8.60
  • Other expenses: ₹11.62
  • Profit Before Tax (PBT): ₹224.74 (compared to Loss of ₹6.10 in Q2 FY26)
  • Tax Expense: ₹55.27 (Current Tax)
  • Profit for the Period (Net Profit): ₹169.47 (compared to Net Loss of ₹6.10 in Q2 FY26)
  • Paid-up Equity Share Capital: ₹3,371.87 Lakhs
  • Basic Earnings Per Share (EPS): ₹0.10
  • Diluted Earnings Per Share (EPS): ₹0.10

For the Half-Year Ended September 30, 2026 (H1 FY27):

  • Revenue from Operations: ₹542.52 (compared to ₹3.03 in H1 FY26)
  • Total Revenue: ₹542.52
  • Total Expenses: ₹329.96
  • Profit Before Tax (PBT): ₹212.56 (compared to Loss of ₹20.63 in H1 FY26)
  • Tax Expense: ₹55.27
  • Profit for the Period (Net Profit): ₹157.29 (compared to Net Loss of ₹20.63 in H1 FY26)
  • Basic Earnings Per Share (EPS): ₹0.09
  • Diluted Earnings Per Share (EPS): ₹0.09

Comparative Performance:

The company has reported a significant turnaround in performance, moving from losses in the previous year (Net Loss of ₹49.35 Lakhs for FY26) to a profit in the current period.

Statement of Assets and Liabilities (Standalone)

As of September 30, 2026 (Unaudited) vs. March 31, 2026 (Audited):

  • Total Assets: ₹5,055.88 Lakhs (vs. ₹4,758.60 Lakhs)
  • Non-Current Assets: ₹3,994.19 Lakhs (vs. ₹4,054.48 Lakhs)
  • Property, Plant & Equipment: ₹34.39 Lakhs (unchanged)
  • Loans (Financial Assets): ₹3,952.46 Lakhs (vs. ₹4,012.75 Lakhs)
  • Current Assets: ₹1,061.68 Lakhs (vs. ₹704.12 Lakhs)
  • Inventories: ₹271.12 Lakhs (unchanged)
  • Trade Receivables: ₹472.64 Lakhs (vs. ₹401.98 Lakhs)
  • Cash and Cash equivalents: ₹33.52 Lakhs (vs. ₹7.09 Lakhs)
  • Other Current Assets: ₹284.40 Lakhs (vs. ₹23.93 Lakhs)
  • Total Equity: ₹4,430.17 Lakhs (vs. ₹4,272.88 Lakhs)
  • Equity Share Capital: ₹3,371.87 Lakhs (unchanged)
  • Other Equity: ₹1,058.31 Lakhs (vs. ₹901.01 Lakhs)
  • Non-Current Liabilities: ₹241.91 Lakhs (vs. ₹238.11 Lakhs)
  • Current Liabilities: ₹383.80 Lakhs (vs. ₹247.63 Lakhs)
  • Current Tax Liabilities: ₹55.27 Lakhs (vs. ₹0.00 Lakhs)

Cash Flow Statement (Standalone) for H1 FY27

  • Net Cash from Operating Activities: ₹31.41 Lakhs
  • Net Cash used in Investing Activities: ₹0.00 Lakhs
  • Net Cash from Financing Activities: (₹4.99) Lakhs
  • Net Increase in Cash and Cash Equivalents: ₹26.42 Lakhs
  • Cash and cash equivalents at end of period: ₹33.52 Lakhs (vs. ₹7.10 Lakhs at the start)

Statement on Fund Utilization

A statement was provided confirming there is no deviation or variation in the utilization of funds raised through a preferential issue (allotment of equity shares pursuant to conversion of fully convertible equity warrants).

  • Date of Raising Funds: March 7, 2026
  • Amount Raised: ₹12,176.00 Lakhs
  • Quarter Ended: September 30, 2026
  • Deviation/Variation: No
  • The report was filed for the quarter ended September 30, 2026.

Notes to Financial Results

Key notes include:

1. The results were reviewed by the Audit Committee and approved by the Board on October 10, 2026.

2. Prepared in accordance with Indian Accounting Standards (Ind AS).

3. EPS is computed as per IND AS 33.

4. The company has only one reportable segment.

5. Comparative figures for H1 FY26 are unaudited.

6. Previous figures have been regrouped/reclassified for comparison.

Auditor's Limited Review Report

Sarang Shivajirao Chavan and Associates, Chartered Accountants (Firm Reg. No.: 159649W), issued a limited review report on the standalone results. Based on their review, conducted under SRE 2410, nothing has come to their attention that causes them to believe the statement contains any material misstatement.