this is to Inform you that the Board of Directors of the Company in its meeting held today i.e. on Monday, 18TH May, 2026 at the Registered Office of the Company inter alia, has considered ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Clio Infotech Limited reported exceptional financial performance for FY2026 with revenue surging to Rs. 284.47 lakhs from Rs. 14.61 lakhs in FY2025, representing approximately 1,847% year-on-year growth. Profit after tax jumped to Rs. 66.24 lakhs from Rs. 5.71 lakhs, a growth of over 1,060%. The company appointed Mr. Nakul Maheshwari as new CEO and M/S Mohit Kumar Agarwal & Co as Internal Auditor for FY2026-27. The statutory auditors issued an unmodified (clean) opinion on the financial statements. Total assets nearly doubled to Rs. 3,361.59 lakhs, while borrowings increased significantly to Rs. 1,679.13 lakhs. The company is actively seeking better business opportunities and has received application money for preferential issue of convertible warrants.
The company delivered explosive revenue and profit growth, which is highly positive for shareholders. The clean audit opinion adds credibility. However, the substantial increase in debt levels and the fact that revenue grew from a very small base warrant careful monitoring. The new CEO appointment may bring fresh strategic direction.