With reference to above, we hereby inform that the meeting of the Board of Directors of the Company held on 25th July, 2025. In the said meeting the board has approved the unaudited Standalone ....
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Awaiting price reaction for this filing.
Indo City Infotech's board, meeting on 25 July 2025 (5:15 PM to 7:45 PM), approved the unaudited standalone financial results for Q1 FY26 (quarter ended 30 June 2025). Total revenue from operations fell sharply to Rs. 18.96 lakhs from Rs. 64.29 lakhs in Q1 FY25, a drop of roughly 70% year-on-year. However, the company swung to a net profit of Rs. 43.61 lakhs (EPS Rs. 0.419) compared with a modest Rs. 5.90 lakhs profit in Q1 FY25, mainly driven by fair-value gains on investments rather than core operations. The statutory auditors (ASAT & Associates) issued a clean limited review report with no qualifications. The company's business is now primarily investment-related, with no separate reportable segment under Ind AS.
The headline return to profit is encouraging, but shareholders should note that earnings came from fair-value changes on securities, not from operating activity, and operating revenue has shrunk significantly. This is a very small, thinly-traded company, so results may not meaningfully move the stock price.