Board Meeting Details

The Board of Directors meeting was held on November 04, 2026, commencing at 02:00 p.m. IST and concluding at 04:10 p.m. IST.

Key Financial Figures - Standalone (₹ in Lakhs)

Quarterly Performance (Q2 FY27 vs Q2 FY26):

  • Revenue from operations: ₹3,191 (vs ₹3,915 in Q2 FY26) - declined 18.5%
  • Other income: ₹194 (vs ₹184 in Q2 FY26)
  • Total income: ₹3,385 (vs ₹4,099 in Q2 FY26)
  • Employee benefits expense: ₹2,357 (vs ₹2,602 in Q2 FY26)
  • Profit before tax: ₹511 (vs ₹763 in Q2 FY26) - declined 33.0%
  • Tax expense: ₹133 (vs ₹225 in Q2 FY26)
  • Profit for the period: ₹378 (vs ₹538 in Q2 FY26) - declined 29.7%
  • Basic EPS: ₹1.18 (vs ₹1.68 in Q2 FY26)

Half-Yearly Performance (H1 FY27 vs H1 FY26):

  • Revenue from operations: ₹6,584 (vs ₹7,430 in H1 FY26) - declined 11.4%
  • Other income: ₹377 (vs ₹427 in H1 FY26)
  • Total income: ₹6,961 (vs ₹7,857 in H1 FY26)
  • Profit before tax: ₹1,021 (vs ₹1,381 in H1 FY26) - declined 26.1%
  • Tax expense: ₹259 (vs ₹377 in H1 FY26)
  • Profit for the period: ₹762 (vs ₹1,004 in H1 FY26) - declined 24.1%
  • Basic EPS: ₹2.38 (vs ₹3.14 in H1 FY26)

Key Financial Figures - Consolidated (₹ in Lakhs)

Quarterly Performance (Q2 FY27 vs Q2 FY26):

  • Revenue from operations: ₹10,550 (vs ₹10,163 in Q2 FY26) - increased 3.8%
  • Other income: ₹299 (vs ₹211 in Q2 FY26)
  • Total income: ₹10,849 (vs ₹10,374 in Q2 FY26)
  • Profit before tax: ₹941 (vs ₹979 in Q2 FY26) - declined 3.9%
  • Tax expense: ₹193 (vs ₹223 in Q2 FY26)
  • Profit for the period: ₹748 (vs ₹756 in Q2 FY26) - declined 1.1%
  • Basic EPS: ₹2.34 (vs ₹2.36 in Q2 FY26)

Half-Yearly Performance (H1 FY27 vs H1 FY26):

  • Revenue from operations: ₹20,958 (vs ₹20,293 in H1 FY26) - increased 3.3%
  • Other income: ₹582 (vs ₹476 in H1 FY26)
  • Total income: ₹21,540 (vs ₹20,769 in H1 FY26)
  • Profit before tax: ₹1,903 (vs ₹2,055 in H1 FY26) - declined 7.4%
  • Tax expense: ₹319 (vs ₹424 in H1 FY26)
  • Profit for the period: ₹1,584 (vs ₹1,631 in H1 FY26) - declined 2.9%
  • Basic EPS: ₹4.96 (vs ₹5.10 in H1 FY26)

Geographical Segment Revenue - Consolidated (₹ in Lakhs)

Q2 FY27:

  • USA: ₹4,136
  • India: ₹1,627
  • Rest of the world: ₹4,787
  • Total: ₹10,550

H1 FY27:

  • USA: ₹8,156
  • India: ₹3,328
  • Rest of the world: ₹9,474
  • Total: ₹20,958

ESOP Grant Details

The Nomination and Remuneration Committee granted 2,50,000 options under Mindteck Employee Stock Option Scheme 2014 to Key Managerial Personnel at ₹133.63 per option, being the closing price of the previous day on NSE.

Subsidiary Information

The consolidated financial results include balances of direct and indirect subsidiaries: Mindteck Inc., Mindteck Singapore Pte. Ltd., Mindteck Solutions Philippines Inc. (under closure), Mindteck (UK) Limited, Mindteck Germany GmbH, Mindteck Middle East Limited WLL, Mindteck Software Malaysia SDN BHD, Chendle Holdings Ltd, Mindteck Canada Inc., and Mindteck Employees Welfare Trust.

Auditor Review

The unaudited financial results were reviewed by the statutory auditors, Suresh Surana & Associates LLP, who issued limited review reports stating nothing has come to their attention that causes them to believe the statements contain any material misstatement.

Exceptional Items Note

The disclosure references exceptional items of ₹530 lakhs related to the impact of new Labour Codes recorded in the year ended March 31, 2026, but no exceptional items were recorded in the current reporting period.

Trust Merger

The Mindteck Employees Welfare Trust financials were merged with the standalone financial statements effective November 12, 2024, following the winding-up of the ESOP Scheme 2020.