Outcome of Board meeting held on 02nd May, 2026 and submission of Audited Financial Results (Standalone & Consolidated) of the Company for the quarter and financial year ended 31st March, 2026.
IKIO · price
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IKIO Technologies Ltd reported audited financial results for FY26 ended March 31, 2026. Standalone revenue from operations declined to Rs. 1,698.23 million from Rs. 2,077.26 million in FY25, representing approximately 18% revenue decline. Net profit after tax (PAT) fell to Rs. 147.80 million from Rs. 236.05 million in FY25, marking a 37% decline. The company has received an unmodified (clean) audit opinion from statutory auditors M/s BGJC & Associates LLP. The Board announced appointment of Ms. Madhu Pandit as Additional Independent Director, appointed Mr. Narendra Prasad as Chief Information Security Officer, and recommended appointment of M/s Agarwal & Saxena as new statutory auditors for a 5-year term from FY27. The company deployed Rs. 2,871.18 crore of IPO proceeds and has Rs. 390.23 crore balance remaining for deployment in FY27.
The company witnessed significant revenue and profit decline in FY26, though auditors provided a clean opinion confirming financial statement reliability. The leadership additions and auditor change signal governance strengthening. Shareholders should monitor if the revenue decline is a one-time event or part of a sustained trend.