Summary of Key Information:
Reporting Period: Financial Year ended March 31, 2026
Nature of Filing / Announcement: Outcome of Board Meeting under Regulation 30 of SEBI Listing Regulations
Audit Opinion:
Unmodified opinion issued by Statutory Auditor M/s. SPML & Associates, Chartered Accountants on both standalone and consolidated financial results for the quarter and financial year ended March 31, 2026.
Key Financial Highlights [Rs. in Lakhs]:
Standalone Results:
Revenue from Operations FY26: Rs 20,919.05 lakhs (vs Rs 19,257.23 lakhs in FY25)
Total Income FY26: Rs 21,455.0 lakhs
Net Profit FY26: Rs 6,227.85 lakhs (vs Rs 4,055.39 lakhs in FY25)
EPS FY26: Basic Rs 54.05, Diluted Rs 51.77
Other Equity: Rs 47,710.73 lakhs
Cash and Cash Equivalents: Rs 1,543.75 lakhs
Debt: Borrowings (non-current + current) Rs 13,555.91 lakhs
Consolidated Results:
Revenue from Operations FY26: Rs 20,919.05 lakhs
Total Income FY26: Rs 21,455.0 lakhs
Net Profit FY26: Rs 6,307.10 lakhs (attribution: Owners of Parent Rs 6,321.16 lakhs, Non-controlling Interest Rs 3.96 lakhs)
EPS FY26: Basic Rs 54.70, Diluted Rs 52.40
Other Equity: Rs 47,786.04 lakhs
Cash and Cash Equivalents: Rs 1,642.87 lakhs
Debt: Borrowings (non-current + current) Rs 13,555.91 lakhs
Segment-wise Performance:
The company operates in a single operating segment (telecom infrastructure services) and did not give rise to different operating segments per Ind AS 108.
Corporate Actions:
- Recommended final dividend of Re. 1 per equity share (10% on face value of Rs.10) aggregating to Rs. 1,17,17,120 for FY26, subject to shareholder approval at AGM
- During FY24-25, allotted 10,55,000 warrants to Promoters under preferential issue, with 4,70,244 converted by March 31, 2025 and remaining 5,84,756 converted by March 31, 2026
Other Significant Information:
- The consolidated results include subsidiary Lotus Tele Infra Private Limited (95% stake)
- Acquisition of Lotus Tele Infra accounted for using provisional amounts with goodwill of Rs 1,355.49 lakhs
- Implementation of Labour Codes resulted in increase in gratuity liability due to past service cost
- Balances subject to confirmation/reconciliation: Loans & Advance, Trade Receivables, Trade Payables, Advance to Suppliers, Other Assets, GST TDS
- Provisional revenue recognized for IP lease rental and fiber business with multiple operators, primarily government customer