Outcome of the Board Meeting of the Company dated Thursday, May 28, 2026 is attached herewith
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AccelerateBS India Ltd's Board Meeting on May 28, 2026 approved audited standalone and consolidated financial results for FY2025-26. Standalone revenue declined to INR 643.75 Lakhs from INR 677.10 Lakhs, but net profit improved to INR 85.76 Lakhs (vs INR 73.30 Lakhs). Consolidated revenue stood at INR 691.84 Lakhs with net profit of INR 64.58 Lakhs. The Board recommended a final dividend of INR 0.10 per share (1% on face value INR 10), subject to shareholder approval. Key expansion: the company incorporated Accelerate Next Inc in the US (September 2025) which acquired 100% stake in Beanstalk Web Solutions LLC (March 2026). Finance costs surged significantly to INR 47.88 Lakhs from INR 0.22 Lakhs, while non-current investments jumped to INR 1036.91 Lakhs from INR 0.01 Lakhs due to subsidiary investments. Statutory auditors K.S. Sanghvi & Co issued an unmodified (clean) opinion on both standalone and consolidated results.
Shareholders can expect a modest 1% dividend if approved at AGM. The significant increase in finance costs and heavy investment in US subsidiaries through borrowings raises concerns about financial leverage, though the international expansion may drive future revenue growth. The clean audit opinion provides assurance on financial reporting quality.