Financial Results Approval
The Board approved the Un-Audited Financial Results for the quarter ended 30 June 2026 and the Limited Review Report on these results.
Quarterly Financial Performance (₹ in Lakhs)
- Net Sales/Income from Operations: ₹1,608.28 (Q1 FY27) vs ₹1,612.80 (Q1 FY26) and ₹1,768.82 (Q4 FY26)
- Total Expenses: ₹1,585.11 (Q1 FY27) vs ₹1,652.43 (Q1 FY26)
- Profit before exceptional items: ₹166.20 (Q1 FY27) vs ₹48.18 (Q1 FY26)
- Profit before tax: ₹48.18 (Q1 FY27) vs ₹46.13 (Q1 FY26) and ₹166.20 (Q4 FY26)
- Tax expense: ₹26.21 (Current Tax) + ₹27.37 (Deferred Tax) = ₹53.58 total tax
- Net Profit for the period: ₹118.92 (Q1 FY27) vs ₹34.14 (Q1 FY26)
- Earnings Per Share (Basic): ₹0.32 (Q1 FY27) vs ₹0.09 (Q1 FY26)
- Paid-up equity share capital: ₹3,682.97 lakhs (face value ₹10 per share)
Segment-wise Performance (Q1 FY27, ₹ in Lakhs)
- Partner Business: Revenue ₹338.42, Segment Results (₹67.26) loss
- Enterprise Business: Revenue ₹1,269.86, Segment Results ₹125.21 profit
- Total Capital Employed: ₹7,714.39 (Partner Business: ₹088.08, Enterprise Business: ₹6,626.31)
Corporate Governance Matters
- Approved Secretarial Audit Report for Financial Year 2025-26
- Approved WeP Solutions Limited Employee Stock Option Plan 2026, subject to shareholder approval
Annual General Meeting Details
- 31st AGM Date: Wednesday, 16 September 2026
- Time: 11:00 A.M. (IST)
- Mode: Video Conferencing (VC)/Other Audio-Visual Means (OVAM)
- Book Closure: Thursday 10 September 2026 to Wednesday 16 September 2026 (both days inclusive)
- Record Date for Dividend: Wednesday 09 September 2026
- Final Dividend, if sanctioned at AGM, will be paid to members registered as of record date
Appointments
- Scrutinizer: Vinay B L, Practicing Company Secretary, Bengaluru
- E-voting agency: National Securities Depository Limited (NSDL)
ESOP Allotment
- Allotted 1,25,900 Equity Shares of ₹10 each to eligible employees under Company's Employee Stock Option Plan
- Distinctive numbers: 36830278 to 36956178
- Total issued share capital after allotment: ₹36,95,50,120
- Shares are identical to existing equity shares in all respects
- No additional listing fees payable as listed capital remains below ₹150 Crores
Management Changes
- Mr. Pradeep S: Re-assigned from Chief Financial Officer (Key Managerial Personnel) to Chief Financial Advisor (Senior Management Personnel) effective 10 August 2026. He is a qualified Chartered Accountant with 28+ years of experience, including 24 years with WeP.
- Mr. C. Muniramaiah: Appointed as Chief Financial Officer (Key Managerial Personnel) effective 10 August 2026. He is a Chartered Accountant and Company Secretary with 17+ years of experience across corporate banking, manufacturing, retail, technology, and listed companies.
Auditor Review
- Guru & Jana LLP (Firm Registration: 006826S/5000214) issued limited review report
- Review conducted under Standard on Review Engagements (SRE) 2410
- No material misstatements identified in the financial results
Meeting Details
- Commenced at 11:30 a.m. (IST) and concluded at 4:00 p.m. (IST)