Audited Financial Result of the Company for the half Year and Financial year Ended 31st March 2026.
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Ekennis Software Service Ltd reported a significant revenue decline for FY 2025-26, with total income falling to Rs 122.42 lakhs from Rs 228.77 lakhs in the previous year—a drop of approximately 46%. The company continues to operate at a loss, with loss after tax of Rs 100.74 lakhs, though this is an improvement from Rs 152.63 lakhs loss in FY 2024-25. Total equity declined to Rs 239.82 lakhs from Rs 340.57 lakhs due to retained losses. The statutory auditor M/s AY & Co issued an unmodified (clean) opinion on the financial results. Additionally, Independent Director Ms. Urvarshi Upadhya has tendered her resignation effective June 27, 2026.
The sharp revenue decline and continued losses indicate operational challenges for the company. While the auditors gave a clean opinion, the significant reduction in equity and revenue contraction are concerning for existing shareholders. The director resignation adds to governance concerns.