Pursuant to Reg 30 & 33 of SEBI (LODR) Reg, 2015, the outcome of the Board Meeting held on 28th May 2026 at 2:00 P.M. is attached.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Purple Wave Infocom Limited reported strong FY2026 results with revenue growing 14.4% to Rs 14,610.39 lakhs and profit after tax surging 48.1% to Rs 1,342.70 lakhs from Rs 906.23 lakhs in the previous year. EPS improved to Rs 14.52 from Rs 13.43. The company raised Rs 3,144.96 lakhs through an IPO during the year. Auditors issued an unmodified (clean) opinion but highlighted an Emphasis of Matter regarding GST proceedings initiated by DGGI with a demand of Rs 838.64 lakhs, which management contests based on legal opinion and has not provided for. The board appointed new internal and secretarial auditors and designated Mrs. Sandhya Singh as CEO while continuing as Whole Time Director. No cash losses were incurred in either year, and related party transactions were found compliant.
The strong 48% PAT growth and clean audit opinion are positives for investors, though the pending Rs 838.64 lakh GST demand represents a contingent liability that could impact future financials if the dispute is ruled against the company. The IPO proceeds provide additional growth capital.