Board Meeting Details

The meeting commenced at 03:00 P.M. and concluded at 05:55 P.M. on October 26, 2026.

Key Matters Approved

1. Unaudited Financial Results for Q1 FY27: The Board approved both Standalone and Consolidated Unaudited Financial Results for the quarter ended June 30, 2026, pursuant to Regulation 33 of SEBI Listing Regulations. The results were accompanied by Limited Review Reports from the statutory auditors.

2. Action Taken Report: The Board took on record the Action Taken Report (ATR) on past decisions for FY 2026-27.

3. Money Borrowed Disclosure: The Board noted the aggregate money borrowed by the Company including Bank Guarantees under Section 180(1)(C) as of June 30, 2026.

4. Related Party Transactions: The Board noted the Related Party Transactions for the quarter ended June 30, 2026, as reviewed by the Audit Committee under omnibus approval for FY 2026-27.

5. Internal Audit Report: The Board approved the Internal Audit Report for the quarter ended June 30, 2026, which was reviewed by the Audit Committee.

Financial Results - Standalone (₹ Millions)

Quarter ended June 30, 2026 (Unaudited):

  • Revenue from operations: ₹865.16
  • Other income: ₹29.67
  • Total Income: ₹894.83
  • Total Expenses: ₹803.43
  • Profit before tax: ₹91.40
  • Tax expense: ₹23.00 (Current tax: ₹24.33, Deferred tax: ₹(1.32))
  • Profit after tax: ₹68.40
  • Other Comprehensive Income (net of taxes): ₹0.48
  • Total Comprehensive Income: ₹68.88
  • Basic EPS: ₹1.44
  • Diluted EPS: ₹1.44

Comparative Standalone Results:

  • March 31, 2026 (Unaudited): Revenue ₹1,139.11, PAT ₹120.02, EPS ₹3.15
  • June 30, 2025 (Unaudited): Revenue ₹1,486.43, PAT ₹77.12, EPS ₹1.78
  • March 31, 2026 (Audited): Revenue ₹4,395.33, PAT ₹408.47, EPS ₹8.93

Financial Results - Consolidated (₹ Millions)

Quarter ended June 30, 2026 (Unaudited):

  • Revenue from operations: ₹878.10
  • Other income: ₹29.97
  • Total Income: ₹908.07
  • Total Expenses: ₹816.99
  • Profit before tax: ₹91.07
  • Tax expense: ₹23.00 (Current tax: ₹24.33, Deferred tax: ₹(1.32))
  • Profit after tax: ₹68.07
  • Other Comprehensive Income (net of taxes): ₹0.81
  • Total Comprehensive Income: ₹68.88
  • Net profit attributable to owners: ₹68.09

Comparative Consolidated Results:

  • March 31, 2026 (Unaudited): Revenue ₹1,168.88, PAT ₹122.71
  • June 30, 2025 (Unaudited): Revenue ₹1,514.39, PAT ₹75.86
  • March 31, 2026 (Audited): Revenue ₹4,499.99, PAT ₹408.94

Business Segment Information

The Company operates in a single reportable business segment - Software Development Services, based on internal reporting to the Chief Operating Decision Maker (Board of Directors and senior management).

Significant Post-Quarter Event

Subsequent to the quarter ended June 30, 2026, the Company completed its Initial Public Offer (IPO) comprising a fresh issue of 16,800,000 equity shares of face value ₹5 each at an issue price of ₹130 per share, aggregating to ₹2,184.00 Million. The equity shares were listed on NSE and BSE on October 6, 2026.

Auditor's Review

Brahmayya & Co., Chartered Accountants (ICAI Firm Registration No. 000515S) issued limited review reports for both standalone and consolidated financial results. The auditors concluded that nothing came to their attention causing them to believe the statements contain material misstatements or fail to disclose required information.

Notes to Financial Results

  • The financial results for quarter ended June 30, 2026 are prepared in accordance with Ind AS 34
  • Comparative numbers for quarters ended June 30, 2025 and March 31, 2026 were not subjected to limited review by statutory auditors
  • Figures for quarter ended March 31, 2026 are balancing figures between audited full year and unaudited nine months ended December 31, 2025
  • The consolidated results include subsidiaries: RICT India Private Limited and Sharp and Turner LLP

Disclosure Availability

The financial results are available on the company website (www.sritindia.com) and on NSE and BSE websites.