Datamatics Global Services Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2025.
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Datamatics Global Services' board, at its meeting on August 6, 2025, approved the unaudited standalone and consolidated financial results for Q1 FY26 (quarter ended June 30, 2025). The results were submitted along with the limited review report by statutory auditors M L Bhuwania and Co LLP, who issued an unmodified review opinion. The auditor specifically drew attention to a step-down subsidiary in the RPA business with a negative net worth of Rs 33.93 crore, in which the company holds Rs 10.63 crore in preference shares and Rs 36.14 crore in perpetual debentures. Management has not made any provision, citing expected turnaround as the subsidiary has started generating profits. The company also acquired the remaining 20% stake in Dextara Digital Private Limited, making it a wholly owned subsidiary.
Routine quarterly results filing with an unmodified auditor opinion, but investors should note the auditor-emphasised concern around a step-down subsidiary with negative net worth of Rs 33.93 crore. The management's decision not to provide for this exposure, while justified by expected turnaround, remains a watch item.