Odyssey Technologies Limited held a board meeting on July 29, 2026, from 4:00 PM to 5:30 PM at its registered office in Chennai. The board approved the unaudited financial results for the quarter ended June 30, 2026 (Q1 FY2027), prepared in compliance with Indian Accounting Standards (Ind-AS).

Financial Results Overview

Quarter Ended June 30, 2026 (Q1 FY2027) Performance:

  • Revenue from operations: ₹573.55 lakh (₹5.74 crore)
  • Other income: ₹70.25 lakh
  • Total income: ₹643.80 lakh
  • Employee benefits expense: ₹475.83 lakh
  • Depreciation and amortization: ₹35.71 lakh
  • Other expenses: ₹102.48 lakh
  • Total expenses: ₹614.02 lakh
  • Profit before tax: ₹29.78 lakh
  • Current tax: ₹9.48 lakh
  • Deferred tax asset: ₹(1.26) lakh
  • Net profit: ₹21.56 lakh (₹0.22 crore)
  • Other comprehensive loss: ₹(14.72) lakh
  • Total comprehensive income: ₹6.84 lakh
  • Basic and diluted EPS: ₹0.14 (not annualized)
  • Paid-up equity share capital: ₹1,594.21 lakh (face value ₹10 per share)

Comparative Performance:

  • Revenue declined 4.6% year-on-year from ₹601.21 lakh in Q1 FY2026
  • Net profit declined 60% year-on-year from ₹53.85 lakh in Q1 FY2026
  • Compared to previous quarter (Q4 FY2026), revenue declined 25.1% from ₹766.07 lakh
  • Net profit declined 87.4% from ₹171.45 lakh in Q4 FY2026

Regulatory Compliance and Review

The financial results were:

  • Prepared in compliance with Ind-AS as prescribed under Section 133 of the Companies Act, 2013
  • Subjected to limited review by statutory auditors M/s. Sekar & Co., Chartered Accountants, Chennai (Firm Registration No. 0162695)
  • Reviewed by the audit committee before board approval
  • Filed pursuant to Regulation 33 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015

Dividend Information

The board had recommended a final dividend of ₹1 per equity share (face value ₹10) for FY2026, which was:

  • Approved by shareholders at the Annual General Meeting held on June 3, 2026
  • Paid on June 9, 2026

Business Segment

The company is engaged in 'software product license and related services' and has only one reportable segment as per Ind-AS 108.

Trading Window Closure

The trading window for dealing in the company's securities will reopen after 48 hours of the conclusion of the board meeting (after July 31, 2026, 5:30 PM).

Availability of Results

The unaudited financial results and limited review report are available on:

  • Bombay Stock Exchange website: www.bseindia.com/corporates
  • Company website: www.odysseytec.com/investors

Auditor's Limited Review Report

M/s. Sekar & Co. issued a limited review report stating that based on their review, nothing has come to their attention that causes them to believe that the financial results:

  • Contain any material misstatement
  • Have not disclosed information required by Regulation 33 of SEBI Listing Regulations
  • Are not prepared in accordance with Ind-AS 34 and relevant accounting principles

The review was conducted in accordance with Standard on Review Engagements (SRE) 2410 issued by ICAI.