Financial Results Summary

Income Statement Highlights (Half Year Ended September 30, 2026)

  • Revenue from operations: ₹4,42,32,087 (compared to ₹3,56,79,797 in H1 FY26)
  • Other income: ₹39,95,261 (compared to ₹68,72,458 in H1 FY26)
  • Total income: ₹4,82,27,348 (compared to ₹4,25,52,255 in H1 FY26)
  • Employees' benefit expenses: ₹1,24,78,543 (compared to ₹1,08,11,141 in H1 FY26)
  • Consultancy and professional charges: ₹2,21,27,874 (compared to ₹2,16,84,223 in H1 FY26)
  • Depreciation and amortization expenses: ₹1,07,772 (compared to ₹27,389 in H1 FY26)
  • Other expenses: ₹16,01,606 (compared to ₹14,19,565 in H1 FY26)
  • Total expenses: ₹3,63,15,195 (compared to ₹3,30,42,318 in H1 FY26)
  • Profit before exceptional items and tax: ₹1,19,11,553 (compared to ₹86,09,937 in H1 FY26)
  • Profit before tax: ₹1,19,11,553 (compared to ₹86,04,963 in H1 FY26)
  • Tax expenses: ₹31,53,412 (compared to ₹21,22,285 in H1 FY26)
  • Current tax: ₹30,64,412
  • Deferred tax: ₹89,000
  • Profit for the period from continuing operations: ₹87,58,141 (compared to ₹64,82,678 in H1 FY26)
  • Other comprehensive income: ₹66,691
  • Total comprehensive income for the period: ₹88,24,832 (compared to ₹64,71,830 in H1 FY26)
  • Earnings per equity share (basic and diluted): ₹2.09 (compared to ₹1.55 in H1 FY26)

Balance Sheet Position (As at September 30, 2026)

Assets

  • Total assets: ₹19,76,24,090 (compared to ₹18,62,69,177 as at March 31, 2026)
  • Property, plant and equipment: ₹3,88,032 (compared to ₹1,19,655)
  • Other intangible assets: ₹889 (compared to ₹1,339)
  • Financial assets (others): ₹15,73,27,823 (compared to ₹5,49,85,946)
  • Deferred tax assets (net): ₹1,76,386 (compared to ₹2,65,386)
  • Trade receivables: ₹1,98,07,121
  • Cash and cash equivalents: ₹39,18,359 (compared to ₹78,04,850)
  • Cash in hand: ₹5,990 (compared to ₹1,679)
  • Balances with bank: ₹39,12,369 (compared to ₹36,43,199)
  • Bank balances other than cash equivalents: ₹50,25,000 (compared to ₹11,38,26,318)
  • Other financial assets: ₹77,91,224 (compared to ₹11,96,334)
  • Current tax assets: ₹19,32,926 (compared to ₹31,92,489)
  • Other current assets: ₹12,56,329 (compared to ₹12,31,982)

Equity and Liabilities

  • Equity share capital: ₹4,19,00,000 (unchanged)
  • Other equity: ₹14,00,17,316 (compared to ₹13,11,92,484)
  • Provisions (non-current): ₹36,48,048 (compared to ₹35,94,302)
  • Trade payables (other than micro/small enterprises): ₹83,76,347 (compared to ₹52,82,947)
  • Other financial liabilities: ₹1,62,379 (compared to ₹64,150)
  • Other current liabilities: ₹4,55,587 (compared to ₹5,69,722)
  • Current tax liabilities: ₹30,64,412 (compared to ₹36,65,571)

Cash Flow Statement (Half Year Ended September 30, 2026)

  • Net cash inflow from operating activities: ₹(32,07,572)
  • Net cash outflow from investing activities: ₹(10,53,17,205)
  • Net cash inflow/outflow from financing activities: ₹0
  • Net decrease in cash and cash equivalents: ₹(10,85,24,777)
  • Cash and cash equivalents at beginning of period: ₹1,74,71,119
  • Effects of exchange rate changes: ₹(3,059)
  • Cash and cash equivalents at end of period: ₹59,43,560

Segmental Reporting

The company operates in three business segments:

1. Software Services (IT Development/Consulting)

2. Consulting Services (IT Staffing, Support Services/Payroll and Accounting Services/Other Consulting Services)

3. Quality Certification, Consulting and Training

Half Year Ended September 30, 2026 Segment Performance

  • Total segment revenue: ₹4,42,32,087
  • Software Services: ₹2,77,33,139 (primarily from outside India)
  • Consulting Services: ₹1,37,64,306 (primarily from outside India)
  • Quality Certification: ₹27,34,642 (primarily from within India)
  • Total segment expenses: ₹3,35,93,179
  • Total segment results: ₹1,06,38,907
  • Unallocated corporate income and expenses:
  • Interest income: ₹39,95,261
  • Unallocated expenses: ₹(26,59,693)
  • Prior period adjustments: ₹(62,924)

Segment Assets and Liabilities (As at September 30, 2026)

  • Segment assets: ₹1,70,52,480
  • Software Services: ₹1,34,32,346
  • Consulting Services: ₹36,20,134
  • Unallocated assets: ₹18,05,71,610
  • Total liabilities are primarily unallocated: ₹19,76,24,090

Auditor's Review

akasam & associates, Chartered Accountants (Firm Regn. No: 0058325) issued a limited review report stating that based on their review, nothing has come to their attention that causes them to believe that the accompanying statement contains any material misstatement. The review was conducted in accordance with Standard on Review Engagements (SRE) 2410 issued by the Institute of Chartered Accountants of India.

Board Meeting Details

The meeting of the Board of Directors commenced at 7:00 PM IST on November 12, 2026 and concluded at 7:09 PM IST (7:30 AM CST and 7:39 AM CST on November 12, 2026 respectively at Illinois).