The Board in its meeting held today i.e., on Thursday, May 29, 2025 has discussed regarding the acquisition of stake in a Poland based Company engaged in Software Development and Consultancy ....
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Response Informatics' board, meeting on May 29, 2025, approved audited standalone and consolidated financial results for Q4 and FY ended March 31, 2025, with the auditors issuing an unmodified opinion. On a standalone basis, FY25 revenue from operations fell to Rs 963.37 lakhs from Rs 1,037.11 lakhs a year earlier, while profit for the year dropped sharply to Rs 19.12 lakhs from Rs 47.11 lakhs, and Q4 standalone slipped into a loss of Rs 15.77 lakhs. On a consolidated basis, FY25 revenue was largely flat at Rs 3,358.14 lakhs and net profit eased to Rs 180.95 lakhs from Rs 219.54 lakhs, with results including subsidiaries Technologia Corporation Inc. (USA) and DataLabs AI Private Ltd. The board also discussed acquiring a stake in a Poland-based software development and IT consultancy firm to expand its footprint, and recommended appointing M/s. P S Rao & Associates as Secretarial Auditor for five years from FY26 to FY30, subject to shareholder approval.
The Poland acquisition is only at the discussion stage with no deal size or structure disclosed, so it is an early-stage signal of geographic expansion rather than a confirmed transaction. For shareholders, FY25 showed weaker standalone profits despite stable consolidated numbers, which may put focus on the company's overseas subsidiaries going forward.