Financial Results for Quarter Ended June 30, 2026

The Board approved the unaudited standalone financial results for Q1 FY27:

  • Revenue from Operations: ₹25.00 lakhs (compared to ₹144.00 lakhs in Q4 FY26 and nil in Q1 FY25)
  • Other Income: ₹35.29 lakhs (compared to ₹13.37 lakhs in Q4 FY26 and ₹5.85 lakhs in Q1 FY25)
  • Total Income: ₹60.29 lakhs (compared to ₹157.37 lakhs in Q4 FY26 and ₹5.85 lakhs in Q1 FY25)
  • Employee Benefits Expense: ₹20.19 lakhs (compared to ₹7.79 lakhs in Q4 FY26 and ₹12.20 lakhs in Q1 FY25)
  • Other Expenses: ₹18.05 lakhs (compared to ₹9.37 lakhs in Q4 FY26 and ₹3.13 lakhs in Q1 FY25)
  • Profit Before Tax: ₹21.77 lakhs (compared to ₹139.45 lakhs in Q4 FY26 and loss of ₹10.20 lakhs in Q1 FY25)
  • Tax Expense: ₹5.66 lakhs (current tax only; compared to ₹19.26 lakhs total tax in Q4 FY26)
  • Net Profit: ₹16.11 lakhs (compared to ₹120.19 lakhs in Q4 FY26 and loss of ₹10.20 lakhs in Q1 FY25)
  • Earnings Per Share (Basic): ₹0.59 (compared to ₹7.24 in Q4 FY26 and loss of ₹0.67 in Q1 FY25)
  • Earnings Per Share (Diluted): ₹0.52 (compared to ₹6.53 in Q4 FY26 and loss of ₹0.67 in Q1 FY25)
  • Paid-up Equity Share Capital: ₹272.07 lakhs (face value ₹10 per share)

The results were reviewed by the Audit Committee and Statutory Auditors (S N D J & Co.), with limited review conducted for the quarter.

Corporate Governance and Appointments

  • Appointment of Independent Director: Approved appointment of Mr. Navneeth Subramanian (DIN: 11789313) as Additional Director in capacity of Non-Executive Independent Director, subject to shareholder approval. Mr. Subramanian is an AI and technology executive with 20+ years experience at Bosch Japan, Canon, and GE Research, specializing in AI inference, computer vision, and embedded machine learning.
  • Secretarial Auditor Appointment: Recommended appointment of Mrs. P.V. Lakshmi Rajani, Practicing Company Secretary (Peer Review No.: 4329/2023), as Secretarial Auditor for 5 years from FY 2026-27, subject to shareholder approval.

Capital Structure and Financing

  • Borrowing Limits: Approved increase of borrowing limits up to ₹500,00,00,000 (₹500 crore), subject to shareholder approval.
  • Loans, Guarantees, and Investments: Approved provisions under Section 186(2) of Companies Act, 2013 for loans, guarantees, securities, and investments up to ₹500,00,00,000 (₹500 crore), subject to shareholder approval.
  • Fund Raising Utilization: Disclosed no deviation in utilization of funds raised through preferential issue on March 20, 2026 (₹19,60,17,500 total raised: ₹13,88,05,000 through equity shares and ₹5,72,12,500 through warrants with 25% upfront payment).

Strategic Business Changes

  • Name Change: Approved change of company name from "Photon Capital Advisors Limited" to "Inference Platforms Limited", subject to MCA approval on name availability under Section 4(5) of Companies Act, 2013 and shareholder approval.
  • Alteration of Memorandum Objects: Approved alteration of main object clause to focus on data storage, data protection solutions, AI inference, computer hardware/software, data encoding, and hosting services, subject to shareholder approval.

Employee Stock Schemes

Approved two new employee benefit schemes subject to shareholder approval:

  • Inference Platforms Employees Stock Option Scheme, 2026 (ESOS): Grant of up to 81,620 stock options to eligible employees of company and subsidiaries
  • Inference Platforms Employees Stock Purchase Scheme, 2026 (ESPS): Issue of up to 81,620 shares to eligible employees

Both schemes comply with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.

Corporate Calendar

  • 41st Annual General Meeting: Scheduled for Monday, September 21, 2026, at 11:00 AM at registered office: Plot No.90-A, Road No.9, Jubilee Hills, Hyderabad, Telangana, 500033
  • Board Meeting Duration: Commenced at 5:00 PM and concluded at 7:15 PM on August 08, 2026