Suyog Telematics Q1 FY27 PAT at ₹13.93 Crore

Financial Results - Standalone (Rs. in Lakhs)

Quarterly Performance Comparison

| Revenue from operations | 6,526.91 | 6,625.67 | 6,388.74 | 26,340.27 |

| Other income | 215.39 | 75.75 | 181.23 | 526.45 |

| Total Revenue | 6,742.30 | 6,601.40 | 6,569.97 | 26,866.72 |

| Cost of Material Consumed | 1,706.49 | 1,677.59 | 1,599.79 | 6,886.29 |

| Employee Benefits Expense | 615.58 | 586.67 | 555.26 | 2,481.29 |

| Finance costs | 675.93 | 619.09 | 538.17 | 2,139.98 |

| Depreciation and amortisation | 1,575.02 | 1,501.06 | 1,434.48 | 5,819.00 |

| Other expenses | 294.21 | 352.75 | 310.01 | 1,316.63 |

| Total expenses | 4,867.23 | 4,637.47 | 4,437.72 | 18,643.19 |

| Profit before tax | 1,875.07 | 1,964.23 | 2,132.25 | 8,223.53 |

| Current tax | 406.59 | 400.01 | 356.46 | 1,603.60 |

| Deferred tax | 75.33 | 149.94 | 74.52 | 392.09 |

| Total tax expense | 481.92 | 549.94 | 430.98 | 1,995.68 |

| Profit for the period | 1,393.15 | 1,414.29 | 1,701.27 | 6,227.85 |

| Total comprehensive income | 1,373.18 | 1,421.72 | 1,701.35 | 6,245.87 |

Capital Structure and Per Share Data

Paid up equity share capital: ₹1,471.71 lakhs (Face value ₹10 per share)
Other Equity: ₹47,710.73 lakhs (as of March 31, 2026)
Basic EPS: ₹11.89 (Q1 FY27), ₹12.07 (Q4 FY26), ₹15.22 (Q1 FY26), ₹54.05 (FY26)
Diluted EPS: ₹11.40 (Q1 FY27), ₹11.57 (Q4 FY26), ₹14.40 (Q1 FY26), ₹51.77 (FY26)

Financial Results - Consolidated (Rs. in Lakhs)

Quarterly Performance Comparison

| Revenue from operations | 6,684.53 | 7,095.25 | 6,853.90 |

| Other income | 220.64 | 107.67 | 182.72 |

| Total Revenue | 7,315.88 | 6,961.57 | 6,867.25 |

| Cost of Material Consumed | 1,706.49 | 1,577.63 | 1,599.79 |

| Employee Benefits Expense | 633.95 | 564.05 | 555.26 |

| Finance costs | 675.93 | 748.82 | 538.17 |

| Depreciation and amortisation | 1,730.37 | 1,601.35 | 1,434.48 |

| Other expenses | 545.63 | 407.60 | 310.01 |

| Total expenses | 5,365.26 | 4,950.43 | 4,437.72 |

| Profit before tax | 1,950.62 | 2,011.13 | 2,429.53 |

| Current tax | 410.24 | 435.16 | 365.51 |

| Deferred tax | 65.77 | 151.56 | 75.86 |

| Total tax expense | 441.37 | 500.94 | 561.80 |

| Profit for the period | 1,351.07 | 1,510.19 | 1,867.73 |

Key Notes and Disclosures

Subsidiary Information

The consolidated results include the results of subsidiary company "Lotus Tele Infra Private Limited" in which the company holds 95% stake.

Accounting Policy Change

Effective April 1, 2026, the Company voluntarily changed its accounting policy regarding the presentation of electricity and diesel reimbursement charges. Previously, these reimbursements were netted off against the respective expenses. Under the revised policy, they are now recognized on a gross basis as part of 'Revenue from Operations', with the corresponding costs recorded under 'Cost of Material Consumed'.

Comparative financial figures for previous quarters and the year ended March 31, 2026, have been retrospectively restated to reflect this change. This is purely a reclassification with no impact on previously reported PBT, PAT, Net Worth, or EPS.

Provisional Revenue Recognition

The Company has recognized accrued/provisional income under "Revenue from Operations" based on management estimation considering contracts with government and other customers during FY27 and previous year. This revenue is for IP lease rental and fiber business with multiple operators with majority contribution from government customers.

The contractual obligations have been completed, and final tax invoices will be raised upon completion of defined procedures, with corresponding GST impact to be accounted for at that time.

Related Party Transactions

The accompanying financial statements include loans granted by the Company to certain related parties during the quarter ended June 30, 2026. These loans were extended out of the Company's internal accruals and undertaken at arm's length prices and on terms comparable to those with unrelated parties.

Balance Confirmations

Balances in the accounts of Loan and Advance, Trade Receivables, Trade Payables, Advance to Suppliers, Other Assets, GST TDS are subject to confirmation, reconciliation and subsequent adjustment. Management does not expect any material adjustment affecting the financial statements.

Internal Controls

Internal Control Mechanism will be further strengthened as per findings to address the need for tighter internal control system considering the growing nature of business.

Auditor's Limited Review Report

Statutory Auditors S P M L & Associates conducted limited review of both standalone and consolidated financial results and issued unmodified review reports with emphasis on several matters:

Emphasis of Matter Points

1. Internal Controls: Requirement to strengthen internal control design commensurate with growing business size to mitigate risk

2. Balance Confirmations: Balances in Loans & Advance, Other Advance, Other current assets, Trade Receivables, Trade Payables, Advance to suppliers are subject to confirmation/reconciliation

3. Provisional Revenue: Revenue recognition based on management estimation for IP lease rental and fiber business with government and other customers, pending final invoice raising and completion of procedures

4. Related Party Loans: Loans to related parties undertaken on arm's length basis but no independent ALP report/certification obtained from external expert

5. Accounting Policy Change: Voluntary change in policy for reimbursement presentation from net to gross basis effective April 1, 2026

The auditors concluded that based on their review, nothing has come to their attention that causes them to believe that the financial results contain any material misstatement.