InfoBeans Techno. Ltd. has informed the Exchange regarding Board meeting held on July 22, 2025.
INFOBEAN · price
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Awaiting price reaction for this filing.
InfoBeans Technologies' board met on July 22, 2025 and approved its Q1 FY26 (quarter ended June 30, 2025) financial results along with the formation of a new subsidiary, Ecoplex Infra Pvt Ltd, for a Green IT Park project (76% stake, ₹76,000 investment). On a standalone basis, revenue grew ~22% year-on-year to ₹8,114 Lakhs and profit after tax jumped ~38% to ₹1,576 Lakhs (EPS ₹6.47 vs ₹4.69). On a consolidated basis, revenue rose ~15% to ₹11,185 Lakhs and profit after tax surged ~201% to ₹2,332 Lakhs (EPS ₹9.57 vs ₹3.18), though the consolidated profit was boosted by a one-time ₹636 Lakhs grant received by a US subsidiary under the CARES Act Employee Retention Credit. The statutory auditor S R B C & CO LLP issued an unqualified review report on both sets of results.
Strong quarter for InfoBeans with healthy revenue growth and sharp profit expansion, likely to be viewed positively by investors. The new subsidiary signals a strategic move into Green IT infrastructure, but execution risk remains. The CARES Act boost to consolidated profits is a one-off and should be normalised when assessing underlying earnings momentum.