Board of directors of the Company, at their meeting held on Friday, 14th November, 2025 at 4:00 P.M. has considered and approved the Unaudited Standalone and Consolidated Financial Results ....
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The Board of Southern Infoconsultants Limited approved unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2025 on November 14, 2025. Revenue from operations for Q2 FY26 was modest at around Rs. 20 lakhs, with half-year total income of about Rs. 51 lakhs (standalone). Profit before tax for Q2 FY26 was approximately Rs. 25.69 lakhs, though the company reported a pre-tax loss of Rs. 7.69 lakhs for the half year. Cash flow from operations improved sharply to Rs. 56.75 lakhs in H1 FY26 versus a negative Rs. 263.45 lakhs in H1 FY25. Total assets stood at Rs. 2,643.92 lakhs as of September 30, 2025, with cash balances of Rs. 62.87 lakhs.
The results carry a qualified opinion from the auditor due to non-provision of gratuity (contravening Ind AS 19) and multiple emphasis-of-matter items including unconfirmed receivables and unverifiable work-in-progress inventory of Rs. 964.08 lakhs. Comparative figures were audited by a different (previous) auditor, indicating an auditor change during the year. Shareholders should monitor the gratuity provisioning and the WIP inventory quality, as these are recurring concerns flagged by the auditor.