Please find attached outcome of Board Meeting held on 26th May 2026
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The Board of Informed Technologies India Limited met on May 26, 2026 and approved audited financial results for Q4 and FY ended March 31, 2026. Standalone revenue from operations declined significantly to Rs. 120.51 lakhs from Rs. 211.42 lakhs in the previous year. Total income fell to Rs. 375.34 lakhs from Rs. 557.62 lakhs. Profit after tax dropped to Rs. 9.32 lakhs from Rs. 123.89 lakhs, with EPS at Rs. 0.22 versus Rs. 2.97 previously. Consolidated PAT stood at Rs. 24.91 lakhs. Cash reserves fell sharply from Rs. 70.52 lakhs to Rs. 5.92 lakhs. The Board also appointed M/s. DSM & Associates as Secretarial Auditors and M/s. M. V. Ghelani & Co. as Internal Auditors for FY 2026-27. Statutory auditors issued an unmodified opinion.
The company experienced a substantial decline in revenue and profitability, with cash position weakening significantly. While auditors confirmed clean accounts, shareholders may be concerned about the sharp drop in earnings and cash reserves compared to the previous year.