Key Financial Figures - Standalone (Amount in lakhs of ₹)

Quarter Ended 31 March 2026:

  • Revenue from operations: ₹923.59
  • Other income: ₹133.48
  • Total income: ₹1,057.07
  • Total expenses: ₹1,240.56
  • Profit before tax: (₹183.49) loss
  • Tax expense: (₹41.57)
  • Net profit/(loss): (₹141.92) loss
  • Other comprehensive income: (₹36.69)
  • Total comprehensive income: (₹178.61) loss
  • Basic and diluted EPS: (₹2.22) per share (not annualized)

Year Ended 31 March 2026:

  • Revenue from operations: ₹4,865.75
  • Other income: ₹339.28
  • Total income: ₹5,205.03
  • Total expenses: ₹5,022.20
  • Profit before tax: ₹182.83
  • Tax expense: ₹54.10
  • Net profit: ₹128.73
  • Other comprehensive income: ₹19.77
  • Total comprehensive income: ₹148.50
  • Basic and diluted EPS: ₹2.01 per share (annualized)

Comparative Figures (Year Ended 31 March 2025):

  • Revenue from operations: ₹5,672.52
  • Other income: ₹272.79
  • Total income: ₹5,945.31
  • Total expenses: ₹5,465.57
  • Profit before tax: ₹479.74
  • Tax expense: ₹114.88
  • Net profit: ₹364.86
  • Other comprehensive income: ₹75.28
  • Total comprehensive income: ₹440.14
  • Basic and diluted EPS: ₹5.71 per share (annualized)

Key Financial Figures - Consolidated (Amount in lakhs of ₹)

Year Ended 31 March 2026:

  • Revenue from operations: ₹16,440.08
  • Other income: ₹388.36
  • Total income: ₹16,828.44
  • Total expenses: ₹18,154.06
  • Profit/(Loss) before tax: (₹1,325.62) loss
  • Tax expense: ₹168.01
  • Net profit/(loss): (₹1,493.63) loss
  • Other comprehensive income: ₹413.44
  • Total comprehensive income: (₹1,080.19) loss
  • Basic and diluted EPS: (₹11.72) per share (annualized)
  • Net loss attributable to shareholders: ₹749.47 lakh

Comparative Figures (Year Ended 31 March 2025):

  • Revenue from operations: ₹14,235.85
  • Other income: ₹205.72
  • Total income: ₹14,441.57
  • Total expenses: ₹13,623.62
  • Profit before tax: ₹817.95
  • Tax expense: ₹276.13
  • Net profit: ₹541.82
  • Other comprehensive income: ₹127.57
  • Total comprehensive income: ₹669.39
  • Basic and diluted EPS: ₹9.59 per share (annualized)

Capital Structure

  • Paid-up equity share capital: ₹639.22 lakh (face value ₹10 each)
  • Standalone other equity: ₹5,042.15 lakh
  • Consolidated other equity: ₹6,360.32 lakh

Cash Flow Statement - Standalone

Year Ended 31 March 2026:

  • Net cash used in operating activities: (₹212.40) lakh
  • Net cash used in investing activities: (₹533.69) lakh
  • Net cash used in financing activities: (₹342.58) lakh
  • Net change in cash and cash equivalents: (₹1,088.67) lakh
  • Cash and cash equivalents at year-end: ₹92.32 lakh

Material Events and Updates

Contract Revision Impact:

On 21 April 2025, the company entered into a fixed price contract with its subsidiary IT CATS LLC to provide services to a customer. During Q4 FY26, the contract was amended with revised scope and value of US$1,128,969 (original: US$1,446,710). The impact of ₹154.73 lakh was accounted as contract cost during Q4 FY26.

Subsidiary Acquisition and Impairment:

In February 2025, wholly-owned subsidiary IT CATS LLC acquired 100% ownership interest in Elite Computer Consultants, LP, USA. The acquisition was accounted as a business combination under Ind AS 103. Based on management's assessment, the group recognized an impairment loss pertaining to the customer contract acquired.

Labour Code Implementation:

On 31 November 2025, the Government of India notified four Labour Codes consolidating 29 existing labour laws. Management assessed the financial impact as insignificant on the financial statements for FY26.

Dividend Recommendation:

The Board of Directors recommended a final dividend of 15% i.e., ₹1.5 per equity share of face value ₹10 each for FY26, subject to shareholder approval at the ensuing Annual General Meeting.

Fund Utilization:

The company submitted a statement confirming no deviation in utilization of funds raised through preferential issue of 200,000 equity shares at ₹254 per share on 26 July 2021 (total ₹508 lakh). ₹118 lakh utilized for working capital requirements and ₹390 lakh kept in fixed deposits.

Qualified Borrowings:

Outstanding qualified borrowings were ₹0.38 crore at FY26 end (₹0.58 crore at FY25 start). No incremental qualified borrowing during the year.

Subsidiaries Included in Consolidation

1. IT Cats LLC, USA

2. Elite Computers Consultants Inc, USA

3. Sapplica Inc., USA

4. Sarral Global Inc., USA