Summary of Key Information:
Reporting Period (Quarter/Year): Quarter ended September 30, 2026
Nature of Filing / Announcement: Outcome of Board Meeting and Financial Results
Audit Opinion:
Unmodified Audit Opinion (Clean)
Key Financial Highlights [₹ in Lac]:
Standalone Results:
Revenue from Operations: ₹592.12 lac (Q2 Sep'26) vs ₹606.87 lac (Q2 Sep'25) - Decreased 2.4% YoY
Total Income: ₹593.45 lac (Q2 Sep'26)
Net Profit: Loss of ₹651.09 lac (Q2 Sep'26) vs Loss of ₹536.59 lac (Q2 Sep'25) - Loss widened 21.4% YoY
EPS: Basic and Diluted (₹2.52) for Q2 Sep'26
Other Equity: ₹2,566.85 lac (as at Sep 30, 2026)
Cash and Cash Equivalents: ₹85.29 lac (as at Sep 30, 2026)
Debt: Short-term borrowings ₹964.30 lac (as at Sep 30, 2026)
Consolidated Results:
Revenue from Operations: ₹592.12 lac (Q2 Sep'26) vs ₹606.87 lac (Q2 Sep'25) - Decreased 2.4% YoY
Total Income: ₹593.45 lac (Q2 Sep'26)
Net Profit: Loss of ₹638.03 lac (Q2 Sep'26) vs Loss of ₹591.67 lac (Q2 Sep'25) - Loss widened 7.8% YoY
Attributable to: Shareholders ₹641.62 lac loss, Non-Controlling Interest ₹3.59 lac profit
EPS: Basic and Diluted (₹2.48) for Q2 Sep'26
Other Equity: ₹226.63 lac (as at Sep 30, 2026)
Segment-wise Performance [₹ in Lac]:
Segment Revenue:
- Segment A (USA): ₹168.54 lac (Q2 Sep'26) vs ₹306.13 lac (Q2 Sep'25) - Decreased 45.0% YoY
- Segment B (ROW): ₹423.58 lac (Q2 Sep'26) vs ₹300.74 lac (Q2 Sep'25) - Increased 40.8% YoY
- Total: ₹592.12 lac (Q2 Sep'26)
Segment Results (Profit/Loss before Tax & Interest):
- Segment A (USA): Loss of ₹228.25 lac (Q2 Sep'26)
- Segment B (ROW): Profit of ₹28.26 lac (Q2 Sep'26)
- Total: Loss of ₹199.99 lac (Q2 Sep'26)
Corporate Actions:
- Appointment of Mr. Bo Mikael Langseth Nilsson (DIN 12003184) as Additional (Non-Executive Independent) Director
- Approval to hold Postal Ballot through remote e-voting for shareholder approval of Mr. Nilsson's appointment within three months
- Resignation of Mr. Cedarampattu S Mohan (DIN 01308472) from directorship
- No dividend declarations, share splits, bonus issues, or buybacks announced
Other Significant Information:
- Significant increase in employee benefits expense: ₹686.44 lac (Q2 Sep'26) vs ₹726.53 lac (Q2 Sep'25)
- Finance costs increased substantially: ₹55.22 lac (Q2 Sep'26) vs ₹1.28 lac (Q2 Sep'25)
- Depreciation and amortization expense: ₹282.56 lac (Q2 Sep'26) vs ₹124.92 lac (Q2 Sep'25)
- Intangible assets: ₹1,090.29 lac (Standalone as at Sep 30, 2026)
- Investments: ₹3,173.30 lac (Standalone as at Sep 30, 2026)
- Right to use asset: ₹1,390.14 lac (Standalone as at Sep 30, 2026)
- Entities included in consolidation: R S Software (India) Limited, Responsive Solution Inc., and Paypermint Private Limited
- No exceptional items or one-time adjustments disclosed
- No forward-looking guidance or management outlook provided