The Board of Directors of the Company, amongst others, has considered, reviewed and took on records (approved), the Statement of Un-audited Financial Results (Standalone & Consolidated) ....
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The Board of Shradha AI Technologies approved unaudited standalone and consolidated financial results for Q3 FY26 (quarter ended 31 Dec 2025) along with 9-month results, with a Limited Review Report from statutory auditor Paresh Jairam Tank & Co. (unqualified opinion). On a standalone basis, Q3 revenue from operations was Rs 307.96 lakhs, down sharply from Rs 517.23 lakhs in Q3 FY25, while 9-month revenue grew to Rs 1,352.68 lakhs from Rs 1,172.20 lakhs. Standalone Q3 PAT was Rs 149.21 lakhs (vs Rs 321.44 lakhs a year ago) and 9-month PAT was Rs 762.10 lakhs. Comprehensive income for 9 months was negative (-Rs 844.67 lakhs) due to large negative mark-to-market revaluation of listed equity instruments. Separately, the Board approved selling/transferring its partly stake in subsidiary Moodscope AI Private Limited (incorporated Dec 2024, had no income and negative net worth of Rs 7.62 lakhs in FY25, with Rs 30.28 lakhs loss in 9M FY26) for a consideration not exceeding Rs 10 lakhs, to be completed by 30 September 2026.
The sharp Q3 revenue and profit decline stand out even as 9-month figures look modestly positive, and the large negative OCI from equity revaluation pushed total comprehensive income into the red. The subsidiary was a loss-making, non-operating entity contributing nothing to revenue, so divesting it for up to Rs 10 lakhs is small in value but signals a cleanup of an underperforming AI venture.