PFA Outcome of Board Meeting and Audited Standalone and Consolidated Financial Results for the quarter and financial year ended 31.03.2026
OPTIEMUS · price
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Optiemus Infracom Ltd reported standalone revenue of Rs 72,400 Lakhs for FY2026, up 22.4% from Rs 59,153 Lakhs in FY2025, but standalone net profit declined 7.3% to Rs 2,061 Lakhs. On consolidated basis, revenue fell 6.4% to Rs 176,862 Lakhs while net profit dropped significantly to Rs 3,601 Lakhs from Rs 6,333 Lakhs (43% decline). The company appointed new internal auditors R K Doshi & Co. LLP for FY2026-27. The statutory auditors issued an unmodified (clean) opinion on both standalone and consolidated results. A notable legal matter involves BlackBerry claiming unpaid license fees of approximately US$22.52 million; the company filed counterclaims of US$22.43 million after the High Court ruled BlackBerry's conduct as abuse of process. No provision was made for this contingent liability.
The mismatch between standalone revenue growth and profit decline, combined with a 43% drop in consolidated profits and significantly higher borrowings (debt tripled to Rs 20,061 Lakhs), raises concerns about profitability and financial leverage. Cash reserves also declined sharply by 78% to Rs 3,186 Lakhs. The unresolved BlackBerry lawsuit remains a contingent risk.