Board of Directors at its meeting held today has approved and adopted Unaudited Financial Results for the quarter ended June 30, 2025 along with the Limited review report
Awaiting price reaction for this filing.
N2N Technologies, a small Pune-based tech support services company, reported its Q1 FY26 results which were approved by the Board on August 14, 2025. Revenue from operations stood at Rs. 33.28 lacs, almost flat compared to Rs. 33.13 lacs in the same quarter last year. Total expenses dropped sharply to Rs. 34.98 lacs from Rs. 44.65 lacs last year, mainly due to lower employee costs. As a result, the net loss narrowed significantly to Rs. 1.70 lacs versus Rs. 11.52 lacs in Q1 FY25. EPS improved to Rs. (0.05) from Rs. (0.36) earlier. The statutory auditor DMKH & Co issued an unmodified (clean) limited review opinion with no qualifications or concerns raised.
The loss has narrowed meaningfully from a year ago, which is a positive operational signal, but the company continues to post a small net loss and operating revenue remains stuck around Rs. 33 lacs. Shareholders should note that FY25's full-year profit of Rs. 152.72 lacs was heavily boosted by a one-time other income of Rs. 157.61 lacs rather than core operations, so the underlying business remains in mild loss-making territory.