PDF ATTACHED
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
ObjectOne Information Systems Ltd has reported audited financial results for Q4 and full year ended March 31, 2026. Revenue from operations declined to Rs. 1450.32 Lakhs for FY26 compared to Rs. 1802.41 Lakhs in FY25, representing approximately 19.5% year-on-year decline. Q4 revenue also declined to Rs. 434.24 Lakhs from Rs. 502.11 Lakhs in the same quarter last year. The auditor's report includes an Emphasis of Matter paragraph noting that an actuarial valuation report for gratuity liability estimation was not provided, raising concerns about accuracy and completeness of gratuity-related disclosures. The auditor issued an unmodified opinion on the financial statements and internal financial controls. Net profit after tax for the year stood at Rs. 105.12 Lakhs.
The revenue decline of ~20% year-over-year indicates significant business headwinds. The auditor's Emphasis of Matter on missing actuarial valuation report adds a governance concern, though the unmodified opinion suggests no material misstatement. Shareholders should monitor if the revenue decline continues in FY27.