Q1 FY27 Results: Standalone and Consolidated, plus Director Resignation and Appointment
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ERP Soft Systems posted Q1 FY27 results. Standalone revenue fell to Rs 20.31 lakhs (vs Rs 31.08 lakhs YoY), with PAT at Rs 0.77 lakhs (vs Rs 1.96 lakhs). Consolidated revenue dropped to Rs 168.47 lakhs (vs Rs 313.11 lakhs), PAT at Rs 3.22 lakhs (vs Rs 4.54 lakhs). Auditor gave clean limited review. Ms. Duvvuru Sarojanamma resigned as Non-Executive Director; her son Mr. Duvvuru Venkata Sivakumar Reddy appointed as Additional Director holding 3.20 lakh shares.
Sharp YoY revenue decline at both standalone and consolidated levels. Family-linked director exit and entry may raise governance questions.