Q1 FY27 Results and CEO Appointment
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Board approved Q1 FY27 unaudited results. Standalone revenue fell to Rs. 107.45L from Rs. 165.50L; PAT at Rs. 16.47L vs Rs. 20.84L. Consolidated revenue dipped to Rs. 3624.03L from Rs. 4042.82L; PAT sharply lower at Rs. 45.42L vs Rs. 439.56L. Mr. Krishna Mohan Adalath appointed CEO effective Aug 4, 2026. Business: Software Development.
Consolidated PAT dropped nearly 90 percent year-on-year which may weigh on the stock. New CEO brings 20 plus years of enterprise tech experience.