Key Decisions and Financial Results

The Board of Directors meeting, which commenced at 03:30 PM and concluded at 06:00 PM, considered and approved the following items:

1. Unaudited Financial Results for Q1 FY27: The Board approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, along with the Limited Review Report from the statutory auditors, as required under Regulation 33 of the SEBI LODR Regulations.

2. Scheme of Amalgamation: The Board approved a scheme for the amalgamation of Codifi Finserv Private Limited (Transferor Company 1) and SecMark Holding Private Limited (Transferor Company 2) with SecMark Consultancy Limited (Transferee Company). The scheme is subject to approvals from the National Company Law Tribunal (NCLT), Mumbai Bench, SEBI, Stock Exchanges, the Regional Director, the Registrar of Companies (ROC), the members of the company, and other concerned authorities.

Detailed Standalone Financial Results (Quarter Ended June 30, 2026)

  • Total Income: ₹1071.44 Lakh
  • Revenue from Operations: ₹1034.50 Lakh
  • Other Income: ₹36.95 Lakh
  • Total Expenses: ₹1096.37 Lakh
  • Employee Benefits Expense: ₹328.09 Lakh
  • Finance Costs: ₹19.24 Lakh
  • Depreciation and Amortisation: ₹144.43 Lakh (Includes ₹137.27 Lakh for depreciation on software)
  • Other Expenses: ₹604.62 Lakh (Includes ₹350.00 Lakh for Software Support Services)
  • Profit/(Loss) before tax: (₹24.93) Lakh
  • Tax Expense: Deferred Tax Credit of ₹6.27 Lakh
  • Profit/(Loss) after tax: (₹18.66) Lakh
  • Earnings Per Share (EPS): Basic and Diluted EPS of (₹0.18)
  • Paid-up Equity Share Capital: ₹1044.70 Lakh (Face Value ₹10 per share)

Detailed Consolidated Financial Results (Quarter Ended June 30, 2026)

The consolidated results include SecMark Consultancy Limited and its subsidiaries: Markets on Cloud Private Limited and Sutra Software Services Private Limited.

  • Total Income: ₹1071.44 Lakh
  • Total Expenses: ₹1096.37 Lakh
  • Profit/(Loss) after tax: (₹18.66) Lakh
  • Earnings Per Share (EPS): Basic and Diluted EPS of (₹0.18)
  • Paid-up Equity Share Capital: ₹1044.70 Lakh

Comparative Figures

Standalone Quarter-on-Quarter (QoQ) Comparison (Jun-26 vs Mar-26):

  • Total Income decreased from ₹1473.56 Lakh to ₹1071.44 Lakh.
  • Profit after tax declined from a profit of ₹449.05 Lakh to a loss of (₹18.66) Lakh.
  • EPS decreased from ₹4.30 to (₹0.18).

Year-ended Audited Figures (Mar-26):

  • Total Income: ₹3882.34 Lakh
  • Profit after tax: ₹256.72 Lakh
  • EPS: ₹2.46

Auditor's Review Report

D. Kothary & Co., Chartered Accountants, issued a limited review report on both the standalone and consolidated financial results. Based on their review, conducted under SRE 2410, nothing came to their attention that causes them to believe the statements contain any material misstatement. The review is not an audit.

Additional Notes from Financial Statements

  • The company operates in a single segment: Software Consultancy and Technology Services.
  • The figures for the quarter ended March 31, 2026, are balancing figures between the audited annual figures and the published unaudited nine-month figures.
  • Previous year's figures have been re-grouped/re-arranged where necessary.