Board approves Q2 results and ESOP 2022 postal ballot; auditors find no material misstatement
Board meeting on 28 Oct 2026 approved the unaudited standalone and consolidated results for the quarter and half year ended 30 September 2026, and the draft postal ballot notice to amend the ESOP 2022.
By ScoutQuest · · 2 min read
| Line item | Latest | Year ago | YoY | Prev qtr | QoQ |
|---|---|---|---|---|---|
| Revenue from operations | 16,324 | 12,544 | +30.1% | 15,277 | +6.9% |
| Total income | 16,581 | 12,965 | +27.9% | 15,677 | +5.8% |
| Profit before tax | 3,313 | 2,877 | +15.2% | 2,929 | +13.1% |
| Profit after tax | 2,626 | 2,261 | +16.1% | 2,162 | +21.5% |
| Total comprehensive income | 2,748 | 2,504 | +9.7% | 2,140 | +28.4% |
| Basic EPS | 2.71 | 2.32 | +16.8% | 2.23 | +21.5% |
- Total Income (Latest)
- 16,581 lakhs (Year ago 12,965, +27.9%; Prev qtr 15,677, +5.8%)
- Profit After Tax (Latest)
- 2,626 lakhs (Year ago 2,261, +16.1%; Prev qtr 2,162, +21.5%)
- Total Income YoY Growth
- +27.9%
- Period
- 30 September 2026
Also decided at the meeting
- Approved the draft of Notice of Postal Ballot for obtaining shareholders' approval to amend ESOP (Employee Stock Option Plan), 2022.
Auditor's review
Conclusion: Unmodified
Notes to the results
- 15,400 equity shares of Rs. 10/- each allotted on exercise of ESOPs under ESOS 2016, increasing paid-up capital by Rs. 2 lakhs and securities premium by Rs. 8 lakhs.
- Bonus issue 3:1 approved 23 February 2026; on 02 March 2026 paid-up capital increased to Rs. 9,696 lakhs; EPS of earlier periods adjusted per Ind AS 33.
- Scheme of amalgamation of Infobeans Cloudtech Limited (wholly owned subsidiary) with the Company, appointed date 01 April 2025, shared with NCLT during year ended 31 March 2026.
Decisions taken at the Board meeting
- The Board met on Wednesday, 28 October 2026, commencing at 07:00 P.M. and concluding at 08:50 P.M.
- It approved the unaudited standalone and consolidated financial results for the quarter and half year ended 30 September 2026.
- It approved the draft of the Notice of Postal Ballot for obtaining shareholder approval to amend the ESOP (Employee Stock Option Plan), 2022. The amendment will take effect only after shareholders vote on it.
Auditor's review conclusion
- S R B C & CO LLP issued review reports on both the standalone and the consolidated statements.
- For both, the firm stated that nothing has come to its attention that causes it to believe the statements are not prepared in line with the applicable accounting standards, or that they contain a material misstatement.
- This is a limited review of interim accounts, not a full audit, so no audit opinion is expressed.
Consolidated results (Rs. in lakhs)
- Revenue from operations: 16,324 for the quarter ended 30 September 2026, against 12,544 in the quarter ended 30 September 2025; 31,601 for the half year.
- Total income: 16,581 for the quarter.
- Profit before tax: 3,313 for the quarter.
- Profit for the period: 2,626 for the quarter and 4,788 for the half year.
- Basic earnings per share: Rs. 2.71 for the quarter (face value Rs. 10 per share).
Standalone results (Rs. in lakhs)
- Revenue from operations: 12,501 for the quarter, against 8,834 in the quarter ended 30 September 2025; 23,847 for the half year.
- Profit before tax: 2,745 for the quarter.
- Profit for the period: 2,015 for the quarter and 3,574 for the half year.
- Basic earnings per share: Rs. 2.08 for the quarter.
Balance sheet highlights (standalone, Rs. in lakhs)
- Total assets: 43,237 as at 30 September 2026, against 40,288 as at 31 March 2026.
- Cash and cash equivalents: 2,515.
- Total equity: 39,431.
Other notes attached to the results
- 15,400 equity shares of Rs. 10/- each were allotted during the period on exercise of vested stock options under the ESOP 2016 scheme, increasing paid-up share capital by Rs. 2 lakhs and securities premium by Rs. 8 lakhs.
- Shareholders on 23 February 2026 approved bonus shares in the proportion of three bonus equity shares for every one existing equity share; these were issued on 02 March 2026. Paid-up capital rose to Rs. 9,696 lakhs, with 969 lakh equity shares of Rs. 10 each. Earnings per share for earlier periods are adjusted for the bonus.
- The scheme of amalgamation of Infobeans Cloudtech Limited (a wholly owned subsidiary) with the company has been shared with the NCLT; the appointed date is 01 April 2025.
- The company operates in one segment, Information Technology services.
- The consolidated statement covers Infobeans Cloudtech Limited, Infobeans Inc., Infobeans Technologies Europe GmbH, Infobeans Technologies DMCC, Infobeans Technologies LLC and Ecoplex Infra Private Limited.
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More numbers
- Consolidated Revenue from operations, half year ended 30 Sep 2026 (Rs. in lakhs)31,601
- Standalone Revenue from operations, quarter ended 30 Sep 2026 (Rs. in lakhs)12,501
- Standalone Profit for the period, quarter ended 30 Sep 2026 (Rs. in lakhs)2,015
- Equity shares allotted on exercise of vested stock options15,400
- Paid-up equity share capital after bonus issueRs. 9,696 lakhs
- Standalone Total assets as at 30 September 2026 (Rs. in lakhs)43,237
- Total income, latest quarter16,581 (Rs. in Lakhs)
- Total income, year-ago quarter12,965 (Rs. in Lakhs)
- Total income, previous quarter15,677 (Rs. in Lakhs)
- Total comprehensive income, latest quarter2,748 (Rs. in Lakhs)
- Total comprehensive income, year-ago quarter2,504 (Rs. in Lakhs)
- Total comprehensive income, previous quarter2,140 (Rs. in Lakhs)
- Profit after tax, latest quarter2,626 (Rs. in Lakhs)
- Profit after tax, year-ago quarter2,261 (Rs. in Lakhs)
- Profit after tax, previous quarter2,162 (Rs. in Lakhs)
- Revenue from operations, latest quarter16,324 (Rs. in Lakhs)
- Revenue from operations, year-ago quarter12,544 (Rs. in Lakhs)
- Revenue from operations, previous quarter15,277 (Rs. in Lakhs)
- Profit before tax, latest quarter3,313 (Rs. in Lakhs)
- Profit before tax, year-ago quarter2,877 (Rs. in Lakhs)
- Profit before tax, previous quarter2,929 (Rs. in Lakhs)
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