Key Decisions and Approvals

The Board of Directors at its meeting held on November 02, 2026 (commencing at 04:00 PM and concluding at 05:30 PM) approved the following:

  • i. The Unaudited Standalone and Consolidated Financial Results for the quarter and half year ended September 30, 2026, along with the Limited Review Report issued by the Statutory Auditors.
  • ii. Declaration of an Interim Dividend for Financial Year 2026-27 at a rate of ₹2 (Two Rupee) per equity share (20% of face value of ₹10 each). The dividend is payable to eligible shareholders within 30 days from the date of declaration (November 02, 2026).
  • iii. Fixed Friday, November 13, 2026 as the 'Record Date' for determining shareholder eligibility for the interim dividend, pursuant to Regulation 42 of SEBI LODR.

The financial results and limited review reports are enclosed with the filing and are available on the company website: https://www.orientindia.in/.

Financial Results Summary (Standalone)

Income Statement Highlights (₹ in lakhs)

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

  • Revenue from Operations: ₹21,735.42
  • Other Income: ₹28.59
  • Total Income: ₹21,764.01
  • Total Expenses: ₹20,399.29
  • Profit Before Exceptional Items & Tax: ₹1,364.72
  • Exceptional Items: Nil (₹0.00)
  • Profit Before Tax: ₹1,364.72
  • Total Tax Expense: ₹345.64
  • Profit for the Period (Net Profit): ₹1,019.08
  • Other Comprehensive Income (OCI): (₹1.05)
  • Total Comprehensive Income: ₹1,018.03
  • Basic & Diluted EPS: ₹2.22

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

  • Revenue from Operations: ₹41,684.81
  • Other Income: ₹213.42
  • Total Income: ₹41,898.23
  • Total Expenses: ₹39,924.39
  • Profit Before Exceptional Items & Tax: ₹1,973.84
  • Exceptional Items: Nil (₹0.00)
  • Profit Before Tax: ₹1,973.84
  • Total Tax Expense: ₹505.12
  • Profit for the Period (Net Profit): ₹1,468.72
  • Other Comprehensive Income (OCI): (₹1.95)
  • Total Comprehensive Income: ₹1,466.77
  • Basic & Diluted EPS: ₹3.21

Comparative Figures (Quarter Ended September 30, 2025 - Q2 FY26):

  • Revenue from Operations: ₹27,280.46
  • Profit Before Tax: ₹1,902.71
  • Net Profit: ₹1,417.37
  • EPS: ₹3.09

Comparative Figures (Year Ended March 31, 2026 - FY26):

  • Revenue from Operations: ₹86,493.19
  • Profit Before Exceptional Items & Tax: ₹2,875.61
  • Exceptional Items (Debit): ₹2,368.33
  • Profit Before Tax: ₹507.28
  • Net Profit: ₹278.81
  • EPS: ₹0.61

Balance Sheet Highlights (Standalone) as at September 30, 2026 (₹ in lakhs)

  • Total Assets: ₹59,934.11 (vs. ₹56,442.33 as at Mar 31, 2026)
  • Non-Current Assets: ₹12,486.71
  • Current Assets: ₹47,447.40
  • Inventories: ₹4,156.52 (vs. ₹1,509.29)
  • Trade Receivables (Billed): ₹23,449.76 (vs. ₹21,256.42)
  • Cash & Cash Equivalents: ₹5,297.14 (vs. ₹6,250.66)
  • Total Equity: ₹34,927.89 (vs. ₹33,461.12)
  • Equity Share Capital: ₹4,580.59 (unchanged)
  • Other Equity: ₹30,347.30 (vs. ₹28,880.53)
  • Non-Current Liabilities: ₹1,311.98
  • Current Liabilities: ₹23,694.24 (vs. ₹21,742.08)
  • Borrowings (Current): ₹4,328.11 (vs. ₹5,889.71)

Cash Flow Statement (Standalone) for H1 FY27 (₹ in lakhs)

  • Net Cash from Operating Activities: ₹614.42
  • Net Cash used in Investing Activities: ₹(417.97)
  • Net Cash used in Financing Activities: ₹(2,088.58)
  • Net Decrease in Cash: ₹(1,056.19)
  • Cash & Equivalents at Period Start: ₹6,250.66
  • Cash & Equivalents at Period End: ₹5,297.14

Financial Results Summary (Consolidated)

Income Statement Highlights (₹ in lakhs)

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

  • Revenue from Operations: ₹21,977.32
  • Profit Before Tax: ₹1,473.95
  • Profit After Tax (before share of associates): ₹1,099.25
  • Share of Profit of Associates (net of tax): ₹73.09
  • Profit for the Period (Net Profit): ₹1,172.34
  • Total Comprehensive Income: ₹1,171.29
  • Basic & Diluted EPS: ₹2.56

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

  • Revenue from Operations: ₹42,169.68
  • Profit Before Tax: ₹2,131.56
  • Profit After Tax (before share of associates): ₹1,585.42
  • Share of Profit of Associates (net of tax): ₹104.14
  • Profit for the Period (Net Profit): ₹1,689.56
  • Total Comprehensive Income: ₹1,687.61
  • Basic & Diluted EPS: ₹3.69

Comparative Figures (Year Ended March 31, 2026 - FY26):

  • Revenue from Operations: ₹86,954.45
  • Profit Before Exceptional Items & Tax: ₹2,986.46
  • Exceptional Items (Debit): ₹2,368.33
  • Profit Before Tax: ₹618.13
  • Net Profit: ₹457.00
  • EPS: ₹1.00

Balance Sheet Highlights (Consolidated) as at September 30, 2026 (₹ in lakhs)

  • Total Assets: ₹60,671.26 (vs. ₹56,988.35 as at Mar 31, 2026)
  • Total Equity: ₹35,326.92 (vs. ₹33,639.31)
  • Equity Share Capital: ₹4,580.59 (unchanged)
  • Other Equity: ₹30,746.33 (vs. ₹29,058.72)

Segment-wise Performance (Standalone & Consolidated)

The company operates in two reportable segments:

1. IT Infrastructure Solutions: H1 FY27 Revenue: ₹18,587.41 lakhs (Standalone) / ₹18,587.41 lakhs (Consolidated)

2. IT Infrastructure & Application Services: H1 FY27 Revenue: ₹23,097.40 lakhs (Standalone) / ₹23,582.27 lakhs (Consolidated)

Notes to Financial Results

1. Exceptional Items: The previous year (FY26) included two exceptional items totaling ₹2,368.33 lakhs:

  • ₹408.44 lakhs impact from the notification of Labour Codes (gratuity ₹334.97L, compensated absences ₹73.47L).
  • ₹1,959.89 lakhs write-off of unamortized cloud costs due to loss of a major customer.

No exceptional items were recorded in the current period (H1 FY27).

2. Contingent Liability: An amount of ₹525.04 lakhs pertaining to vendor invoices for cloud infrastructure commitments is not recognized as a liability as of September 30, 2026. The company is engaged in discussions with the vendor for cancellation/commercial resolution. This is disclosed as a contingent liability.

3. IPO Proceeds Utilization: Net IPO proceeds were ₹10,792.60 lakhs. Utilization as of September 30, 2026:

  • Acquisition of office premise: ₹1,034.80 lakhs (100% utilized)
  • Capital expenditure: ₹4,896.24 lakhs utilized (₹3,068.76 lakhs unutilized)
  • General corporate purposes: ₹1,792.80 lakhs (100% utilized)

Total Utilized: ₹7,723.84 lakhs; Unutilized: ₹3,068.76 lakhs

4. Subsidiary and Associates:

  • Subsidiary: Red Hut Innovation Technologies Pvt Ltd (100% acquired effective Nov 1, 2025)
  • Associates: AIT Internet Services Private Limited (46% stake) and Athena IT & Telecom Private Limited (46% stake), both acquired effective Dec 1, 2025.

The statutory auditors' limited review report notes reliance on other auditors for the subsidiary's financials and on management-certified figures for the associates.

5. Auditor Review: The statutory auditors, Kirtane & Pandit LLP, conducted a limited review and issued an unmodified conclusion, stating nothing has come to their attention to believe the financial results contain any material misstatement.

Capital Structure Impact

The interim dividend declaration of ₹2 per share will result in a cash outflow to shareholders. The company's paid-up equity share capital remains unchanged at ₹4,580.59 lakhs (4.58 crore shares of ₹10 face value).