Announced Thu, 28 May · 18:01 IST

Network People Services Technologies Limited has informed the Exchange regarding Outcome of Board Meeting held on May 28, 2026.

Revenue Growth 20pctPat NegativeEbitda Margin CompressionAuditor Mid Year ChangeResults RestatedResults View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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AI summary

The board approved audited standalone and consolidated financial results for FY26 ended March 31, 2026. Standalone revenue grew 12.2% to ₹19,417 lakhs from ₹17,312 lakhs, but profit after tax declined 9.2% to ₹4,106 lakhs from ₹4,520 lakhs. Consolidated PAT similarly declined 9.7% to ₹4,082 lakhs. Basic EPS fell from ₹23.31 to ₹20.70. A final dividend of ₹2 per equity share was declared for FY26. Key changes include resignation of Independent Director Mr. Abhishek Mishra (effective April 1, 2026) and appointment of Mr. Vijay Kumar Singh as Additional Director. The company also allotted 12,850 equity shares under the NPST Employee Stock Option Plan 2023. Statutory auditors changed from Keyur Shah & Co. to Singhi & Co., who issued an unmodified (clean) opinion.

Likely market impact

Revenue growth was offset by profit decline, indicating margin compression or cost pressures. The negative operating cash flow of ₹4,663 lakhs versus positive ₹2,873 lakhs in prior year is a significant concern. Declaration of dividend is positive but the deteriorating cash position warrants monitoring.