Outcome of Board Meeting held on 28th May, 2026
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Awaiting price reaction for this filing.
The Board of Infonative Solutions Ltd approved the audited standalone financial results for FY26 (year ended March 31, 2026). Total income grew 11% to Rs 2,463.36 lakhs from Rs 2,218.88 lakhs in FY25, while revenue from operations increased 6.2% to Rs 2,301.94 lakhs. However, net profit declined sharply by 52% to Rs 285.49 lakhs from Rs 594.69 lakhs in the prior year. EPS dropped to Rs 2.41 from Rs 6.82. The company listed on BSE SME through an IPO in April 2025, issuing 31.28 lakh equity shares. Employee costs surged 36% to Rs 1,516.85 lakhs, and other expenses more than doubled to Rs 446.96 lakhs, impacting profitability. The auditor issued an unmodified clean opinion on the financial statements.
Despite revenue growth, the sharp 52% decline in net profit and significant EPS erosion may negatively impact investor sentiment. The clean audit opinion and positive operating cash flow provide some comfort, but the profitability squeeze warrants monitoring.