BSECovance Softsol LtdMinimalNeutral
Announced Mon, 1 Jun · 15:53 IST

Submission of Newspaper Publication of Audited Standalone and Consolidated Financial Results for the 4th Quarter and year ended March 31, 2026.

Price

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Price reaction · full curve 14 horizons · vs prior close
-9.7%1-day move
₹162.75
prior close
₹154.65
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.0+0.0-9.7-14.2-9.9-5.4-0.7-3.6+3.2+12.4
Up moveDown movePending
AI summary

Covance Softsol Limited submitted newspaper copies of its audited Q4 and FY26 (ended March 31, 2026) financial results, published in Business Standard and Teluguprabha on June 1, 2026. The Board approved the results on May 30, 2026, with statutory auditors giving an unmodified opinion. Standalone FY26 total income jumped to ₹7,968.07 lakhs from ₹2,836.65 lakhs in FY25, with net profit after tax rising to ₹3,169.98 lakhs from ₹1,025.29 lakhs. Consolidated FY26 total income was ₹14,596.28 lakhs (vs ₹10,169.61 lakhs) with PAT of ₹3,437.78 lakhs (vs ₹1,211.78 lakhs). The company was formed via the demerger of the IT/ITES business from Softsol India Limited (effective September 2024) and consolidates its US subsidiary, Softsol Resources Inc.

Likely market impact

This is a routine SEBI LODR compliance filing. The strong profit growth reflects the first full year of operations post-demerger, so year-on-year comparisons are not strictly like-for-like. Shareholders may view the sharply higher standalone EPS positively.