Adroit Infotech532172Quarterly results
Sept 2026 results approved; ESOP shares allotted; LOI for 60% stake in Verso Altima d.o.o
Board approved unaudited standalone and consolidated results for the quarter and half-year ended 30 September 2026; auditors Rao & Shyam gave an unmodified limited review conclusion.
By ScoutQuest · · 2 min read
| Line item | Latest | Year ago | YoY | Prev qtr | QoQ |
|---|---|---|---|---|---|
| Revenue from operations | 1,525.80 | 1,143.71 | +33.4% | 1,500.99 | +1.7% |
| Total income | 1,615.03 | 1,210.46 | +33.4% | 1,574.01 | +2.6% |
| Profit before tax | 88.69 | 104.30 | −15% | 81.62 | +8.7% |
| Profit after tax | 68.28 | 76.81 | −11.1% | 62.84 | +8.7% |
| Total comprehensive income | 68.28 | 76.81 | −11.1% | 62.84 | +8.7% |
| Basic EPS | 0.12 | 0.14 | −14.3% | 0.12 | 0% |
- Total income YoY change
- Year ago 1,210.46 (+33.4%)
- Period
- Quarter Ended 30-Sep-26 (Unaudited)
Auditor's review
Conclusion: Unmodified
Notes to the results
- Non-binding Letter of Intent dated 16 October 2026 with Mario Gerenčir for proposed acquisition of a 60% equity stake in Verso Altima d.o.o., Croatia; not completed, no business combination accounting recognised.
- Comparative figures reclassified: subcontracting charges moved from Other Expenses to Employee Benefits Expense; no impact on revenue, PBT, PAT, TCI or EPS.
- 4,977,870 equity shares allotted on exercise of ESOP options; share-based payment expense not recognised pending independent valuation, impact not expected to be material.
Results approved at the board meeting
The board approved the unaudited standalone and consolidated financial results for the quarter and half-year ended 30 September 2026, along with the Limited Review Reports issued by the statutory auditors, Rao & Shyam. The auditors' conclusion is unmodified: nothing came to their attention that causes them to believe the statements contain a material misstatement.
Consolidated performance (Rs. lakh)
- Income from operations: 1,525.80 for the quarter ended 30 September 2026 and 3,026.79 for the half-year.
- Total income: 1,615.03 for the quarter and 3,189.04 for the half-year.
- Profit for the period: 68.28 for the quarter and 131.12 for the half-year.
- Basic and diluted earnings per share (face value Rs. 10 each, not annualised): 0.12 for the quarter.
Standalone performance (Rs. lakh)
- Income from operations: 92.57 for the quarter.
- Total income: 193.12 for the quarter.
- Profit for the period: 23.72 for the quarter and 8.08 for the half-year.
- The standalone quarter shows a profit after a loss in the June 2026 quarter.
- Paid-up equity share capital: 5,462.85, face value Rs. 10 each.
Proposed acquisition in Croatia
- The company has entered into a non-binding Letter of Intent dated 16 October 2026 with Mario Gerenčir for a proposed acquisition of a 60% equity stake in Verso Altima d.o.o., Croatia.
- It is subject to legal, financial, tax, operational and regulatory due diligence, execution of definitive documents, approvals and customary closing conditions.
- The transaction is not complete and no control has been acquired, so no business combination accounting has been recognised in the September 2026 results.
ESOP allotment
- 4,977,870 equity shares were allotted pursuant to the exercise of options granted under the company's Employee Stock Option Plans.
- Share-based payment expense has not been recognised pending an independent valuation; management's preliminary assessment is that the accounting impact is not expected to be material.
Reclassification of comparatives
- Certain professional charges have been reclassified to employee benefits expense, and interest income is now shown separately from finance costs in the standalone results.
- The company states this has no impact on revenue from operations, total comprehensive income, profit before tax, profit after tax, earnings per share, total assets, total liabilities or total equity.
What this means for investors
- The quarter's consolidated Income from operations of 1,525.80 lakh produced Profit for the period of 68.28 lakh, and the auditors' review conclusion is unmodified.
- Two separate corporate actions came with the results: an ESOP share allotment and an early-stage, non-binding proposal to buy a majority stake in an overseas entity. The acquisition is expressly not completed.
- Several comparative line items were re-presented, so year-on-year comparisons should be read on the regrouped basis the company has set out.
60%Equity stake in Verso Altima d.o.o.
₹3,189.04 lakhConsolidated Total income, half-year (Rs. lakh
Consolidated Total income, quarter (Rs. lakh₹1,615.03 lakh
Total income, quarter1,574.01 (Rupees Lakhs)
Also from Adroit Infotech
Board meeting on 04 November 2026 to approve unaudited results for quarter and half year ended 30 September 2026
28 Oct 2026
Adroit Infotech signs non-binding agreement to acquire majority stake in Verso Altima Group d.o.o., Croatia
16 Oct 2026
Board approves trustees, Employees Welfare Trust registration and implementation of ESOP-2023 scheme
3 Oct 2026
More numbers
- Consolidated Total income, half-year (Rs. lakh)3,189.04
- Standalone Income from operations, quarter (Rs. lakh)92.57
- Standalone Profit for the period, quarter (Rs. lakh)23.72
- Equity shares allotted under ESOP schemes4,977,870
- Proposed equity stake in Verso Altima d.o.o.60%
- Total income, latest quarter1,615.03 (Rupees Lakhs)
- Total income, year-ago quarter1,210.46 (Rupees Lakhs)
- Total income, previous quarter1,574.01 (Rupees Lakhs)
- Total comprehensive income, latest quarter68.28 (Rupees Lakhs)
- Total comprehensive income, year-ago quarter76.81 (Rupees Lakhs)
- Total comprehensive income, previous quarter62.84 (Rupees Lakhs)
- Profit after tax, latest quarter68.28 (Rupees Lakhs)
- Profit after tax, year-ago quarter76.81 (Rupees Lakhs)
- Profit after tax, previous quarter62.84 (Rupees Lakhs)
- Revenue from operations, latest quarter1,525.80 (Rupees Lakhs)
- Revenue from operations, year-ago quarter1,143.71 (Rupees Lakhs)
- Revenue from operations, previous quarter1,500.99 (Rupees Lakhs)
- Profit before tax, latest quarter88.69 (Rupees Lakhs)
- Profit before tax, year-ago quarter104.30 (Rupees Lakhs)
- Profit before tax, previous quarter81.62 (Rupees Lakhs)
Source: BSE · 4 Nov 2026
Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.