BSEERP Soft Systems LtdHighNeutral
Announced Thu, 13 Nov · 13:15 IST

Outcome of Board meeting for Unaudited finanical results as on 30.09.2025

Revenue Growth 20pctRevenue DeclinePat Growth 25pctNegative Operating CashflowResults View source PDF

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AI summary

The Board approved unaudited standalone and consolidated results for the quarter and half year ended September 30, 2025. On a standalone basis, Q2 revenue from operations fell sharply to Rs. 15.93 lakhs (vs Rs. 30.93 lakhs in Q2 FY25, a drop of about 48%), though profit after tax edged up to Rs. 2.12 lakhs (vs Rs. 1.73 lakhs). On a consolidated basis, Q2 revenue grew to Rs. 233.79 lakhs (vs Rs. 167.70 lakhs, up about 39%) and PAT rose to Rs. 4.68 lakhs (vs Rs. 3.11 lakhs). For the half year, consolidated revenue rose 28.6% to Rs. 546.90 lakhs and PAT jumped about 69% to Rs. 9.22 lakhs, driven by the US subsidiary Libertycom LLC. However, the consolidated operating cashflow turned negative at Rs. (66.95) lakhs compared with a positive Rs. 66.59 lakhs last year. No exceptional items were reported and the auditor (Sudhakar & Kumar Associates) issued an unqualified limited review report.

Likely market impact

Growth at the group level is being driven entirely by the US subsidiary, while the standalone Indian business is contracting significantly. The swing into negative consolidated operating cashflow is a yellow flag for shareholders, even as reported profits improved on the back of the subsidiary.