Financial Performance Highlights (Standalone)
Quarter Ended September 30, 2026:
- Revenue from operations: ₹2,586.05 lakhs
- Other income: ₹253.11 lakhs
- Total revenue: ₹2,839.16 lakhs
- Profit before tax: ₹883.92 lakhs
- Tax expense: ₹184.86 lakhs
- Profit after tax: ₹699.06 lakhs
- Basic EPS: ₹2.74
- Diluted EPS: ₹2.57
Half Year Ended September 30, 2026:
- Revenue from operations: ₹4,918.63 lakhs
- Other income: ₹425.88 lakhs
- Total revenue: ₹5,344.51 lakhs
- Profit before tax: ₹1,808.94 lakhs
- Tax expense: ₹411.98 lakhs
- Profit after tax: ₹1,396.96 lakhs
- Basic EPS: ₹5.47
- Diluted EPS: ₹5.15
Financial Performance Highlights (Consolidated)
Quarter Ended September 30, 2026:
- Revenue from operations: ₹12,465.94 lakhs
- Other income: ₹107.61 lakhs
- Total revenue: ₹12,573.55 lakhs
- Profit before tax: ₹2,286.79 lakhs
- Tax expense: ₹754.97 lakhs
- Profit after tax: ₹1,531.82 lakhs
- Profit attributable to shareholders: ₹902.31 lakhs
- Basic EPS: ₹3.53
- Diluted EPS: ₹3.32
Half Year Ended September 30, 2026:
- Revenue from operations: ₹23,881.59 lakhs
- Other income: ₹178.61 lakhs
- Total revenue: ₹24,060.20 lakhs
- Profit before tax: ₹3,534.08 lakhs
- Tax expense: ₹1,048.95 lakhs
- Profit after tax: ₹2,485.13 lakhs
- Profit attributable to shareholders: ₹1,596.05 lakhs
- Basic EPS: ₹6.25
- Diluted EPS: ₹5.88
Key Corporate Developments
1. Ind AS Adoption: The Company voluntarily adopted Indian Accounting Standards (Ind AS) from April 1, 2026. Comparative figures for six months ended September 30, 2025, year ended March 31, 2026, and quarter ended June 30, 2026 have been restated accordingly.
2. Merger Scheme: The Board approved a Scheme of Arrangement involving the merger of subsidiaries Estorifi Solutions Limited and GlobeTF Solutions Limited with Veefin Solutions Limited. The scheme also includes reduction and cancellation of 21,00,000 equity shares held by identified promoter shareholders at nil consideration. The appointed date is April 1, 2026. The scheme received BSE observation letter on April 1, 2026, and NCLT first motion order on May 13, 2026. Shareholder and creditor meetings approved the scheme on July 16-17, 2026. The petition is pending with NCLT for final order.
3. NCD Issuance:
- On August 4, 2026: Issued 2,00,000 unrated, unlisted, secured, redeemable NCDs of ₹1,000 each, aggregating ₹20 crore
- On August 8, 2026: Issued 3,00,000 unrated, unlisted, secured, redeemable NCDs of ₹1,000 each, aggregating ₹30 crore
Both issuances were on private placement basis to identified investors.
4. Business Transfer: Infini Systems Limited transferred its API-driven solutions and IT services business to Nityo Tech Private Limited (step-down subsidiary) on slump sale basis for ₹30 crore, effective July 1, 2026.
5. Proposed Amalgamation: Nityo Tech Private Limited and White Rivers Media Solutions Limited (both step-down subsidiaries) approved a Scheme of Amalgamation with appointed date April 1, 2026, subject to regulatory approvals.
Segment Reporting (Consolidated)
Quarter Ended September 30, 2026:
- Product segment revenue: ₹3,646.96 lakhs
- Services segment revenue: ₹8,818.98 lakhs
- Product segment result: ₹1,410.39 lakhs
- Services segment result: ₹1,544.13 lakhs
Half Year Ended September 30, 2026:
- Product segment revenue: ₹6,134.19 lakhs
- Services segment revenue: ₹17,747.40 lakhs
- Product segment result: ₹1,929.77 lakhs
- Services segment result: ₹2,705.23 lakhs
Auditor Review
The financial results were reviewed by ADV & Associates, Chartered Accountants, who issued an unqualified review report stating that nothing has come to their attention causing them to believe that the statements contain any material misstatement.