Please find enclosed Board Meeting Outcome
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The board approved standalone unaudited results for Q3 FY26 (quarter ended 31 Dec 2025). Revenue from the new AI & Web/App development segment stood at Rs 127 lakh in Q3, slightly up from Rs 123 lakh in Q2 FY26 and nil in the year-ago quarter, showing the company has fully pivoted into this new business. Q3 profit after tax came in at Rs 75.37 lakh (EPS Rs 6.37) versus Rs 70.42 lakh in Q2 FY26. However, for the nine months ended Dec 2025, the company is still in the red with a loss of Rs 28.29 lakh, dragged by a large Rs 314 lakh in 'other expenses' booked earlier in the year, versus a profit of Rs 140.09 lakh in 9M FY25. The auditor (M/s S Agarwal & Co.) issued an unqualified limited review report with no qualifications.
The new AI business is generating steady quarterly revenue and profits, signalling a successful business transition, but the trailing nine-month loss and heavy other expenses mean near-term profitability remains uneven. Short-term stock reaction will likely depend on whether the AI segment sustains this Rs 120+ lakh quarterly run-rate and reduces overall expenses.