With reference to above , we hereby inform that in the meeting of Board of Directors held on 15th May 2026 and in the said meeting the board has approved the Audited Standalone Financial ....
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Indo-City Infotech Ltd reported Total Revenue from Operations of Rs. 558.80 lakhs for FY26, down from Rs. 823.48 lakhs in FY25—a significant revenue decline. The company posted a net profit of Rs. 28.16 lakhs for the full year, a recovery from the Rs. 125.48 lakh loss in FY25. However, Q4 FY26 alone showed a net loss of Rs. 69.24 lakhs against a profit of Rs. 57.24 lakhs in Q4 FY25, with revenue dropping sharply to Rs. 81.28 lakhs from Rs. 456.49 lakhs. Total expenses for the year stood at Rs. 514.97 lakhs. The Statutory Auditor (M A R C & Co.) expressed an unmodified opinion, indicating no concerns about going concern, qualified opinions, or emphasis of matter. Cash and bank balances remain healthy at approximately Rs. 559.70 lakhs against total assets of Rs. 1,168.24 lakhs.
While the company returned to annual profitability, the steep revenue decline—especially in Q4—raises concerns about business momentum and future growth prospects. The sharp drop in quarterly revenue warrants close monitoring in the coming quarters.