Megri Soft539012Quarterly results
Board approved unaudited Q2 and H1 results; auditor's limited review conclusion unmodified
Board met on October 22, 2026 and approved the unaudited standalone and consolidated results for the quarter and half-year ended September 30, 2026.
By ScoutQuest · · 3 min read
| Line item | Latest | Year ago | YoY | Prev qtr | QoQ |
|---|---|---|---|---|---|
| Revenue from operations | 106.59 | 66.88 | +59.4% | 104.95 | +1.6% |
| Total income | 115.44 | 67.98 | +69.8% | 105.76 | +9.2% |
| Profit before tax | 11.16 | 20.34 | −45.1% | 26.01 | −57.1% |
| Profit after tax | 1.16 | 15.09 | −92.3% | 19.21 | −94% |
| Total comprehensive income | 1.24 | 15.01 | −91.7% | 20.30 | −93.9% |
| Basic EPS | 0.30 | 0.48 | −37.5% | 0.61 | −50.8% |
- Profit after tax - year ago
- 15.09 (−92.3%)
- Period
- September 30,2026
Auditor's review
Conclusion: Unmodified
- Consolidated results include unaudited financial information of former UK subsidiary Megrisoft Limited up to September 18, 2026 (revenues Rs. 16.04 lakhs, net loss Rs. 21.93 lakhs for the quarter), furnished by Management; conclusion not…
Notes to the results
- Megrisoft Limited, UK ceased to be a subsidiary with effect from 18 September 2026; its results consolidated up to date of cessation and its assets and liabilities derecognised as at 30 September 2026.
- Exceptional items - Loss on Subsidiary of 5.87 (Rs. in lakhs) recognised in the quarter ended September 30, 2026.
What the board approved
The board of directors met on October 22, 2026 from 04:00 p.m. to 05:00 p.m. and approved the unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026, along with the limited review reports of the statutory auditors. The results are also being made available on the company's website.
Auditor's review conclusion
- The statutory auditor is Narinder Kumar and Company, Chartered Accountants.
- The review was carried out under SRE 2410. A review is not an audit and does not express an audit opinion.
- The conclusion is unmodified: nothing came to the auditor's attention that causes them to believe the statement contains any material misstatement or misses the required disclosures.
Standalone performance (Rs. in lakhs)
- Revenue from operations: 90.55 for the quarter ended September 30, 2026, against 76.81 in the June 2026 quarter and 52.78 in the September 2025 quarter.
- Total income: 99.40 for the quarter and 177.02 for the half-year.
- Profit before tax: 39.14 for the quarter and 64.61 for the half-year.
- Net profit after tax: 28.96 for the quarter and 47.81 for the half-year, against 13.96 and 26.87 a year earlier.
- Basic and diluted EPS: 0.92 for the quarter and 1.52 for the half-year.
Consolidated performance (Rs. in lakhs)
- Revenue from operations: 106.59 for the quarter and 211.54 for the half-year.
- Total income: 115.44 for the quarter and 221.20 for the half-year.
- Profit before exceptional items and tax: 17.03 for the quarter and 43.04 for the half-year.
- Exceptional item, loss on subsidiary: 5.87 for the quarter, the same for the half-year.
- Net profit after tax: 2.16 for the quarter and 16.80 for the half-year, against 15.09 and 29.35 a year earlier.
- Of the quarter's consolidated net profit, 9.38 is attributable to owners of the company and (8.22) to non-controlling interests.
- Basic and diluted EPS: 0.30 for the quarter and 0.91 for the half-year.
Change in the group structure
- Megrisoft Limited, incorporated in England and Wales, ceased to be a subsidiary with effect from September 18, 2026. Its financial performance is included in the consolidated results only up to that date.
- For the period up to September 18, 2026, that former foreign subsidiary reflected total revenues of Rs. 16.04 lakhs and Rs. 44.18 lakhs, and total net loss after tax of Rs. 21.93 lakhs and Rs. 21.57 lakhs, for the quarter and half-year respectively.
- The consolidated balance sheet shows non-controlling interests at 0.00 as at September 30, 2026, against 16.54 as at March 31, 2026.
Standalone balance sheet and cash flow (Rs. in lakhs)
- Total assets: 2395.96 as at September 30, 2026, against 2295.90 as at March 31, 2026.
- Cash and cash equivalents: 52.53, against 14.87.
- Total current liabilities: 92.64, against 41.56.
- Total non-current liabilities: 0.00 in both periods.
- Net cash generated from operating activities for the half-year: 146.29, against 34.72 a year earlier; net cash used in investing activities 108.63.
- The company reports a single business segment, IT/ITES services.
What a reader can take away
- The numbers are unaudited but have been reviewed by the statutory auditor, whose conclusion is unmodified.
- Standalone revenue from operations and net profit after tax for the quarter are higher than in the September 2025 quarter.
- On a consolidated basis, the quarter's net profit after tax of 2.16 lakh is after charging an exceptional item of 5.87 lakh as loss on subsidiary, and is lower than the 15.09 lakh of the September 2025 quarter.
- The UK entity is no longer part of the group from September 18, 2026, so future consolidated results will not include its numbers beyond that date.
106.59 (Rs. in lakhs)Consolidated revenue from operations, quarter ended Sep 30
Standalone net profit after tax, half-year ended Sep 3047.81 (Rs. in lakhs)
Profit before tax, quarter26.01 (Rs. in lakhs)
Profit before tax, year-ago quarter20.34 (Rs. in lakhs)
Profit before tax, latest quarter11.16 (Rs. in lakhs)
Profit after tax, latest quarter1.16 (Rs. in lakhs)
Also from Megri Soft
Board meeting on Oct 22, 2026 to consider, approve unaudited results for quarter and half year ended Sept 30, 2026
15 Oct 2026
Related party transaction disclosure not applicable for the half-year ended September 30, 2026
8 Oct 2026
More numbers
- Standalone revenue from operations, quarter ended Sep 30, 202690.55 (Rs. in lakhs)
- Standalone net profit after tax, quarter ended Sep 30, 202628.96 (Rs. in lakhs)
- Standalone revenue from operations, half-year ended Sep 30, 2026167.36 (Rs. in lakhs)
- Standalone net profit after tax, half-year ended Sep 30, 202647.81 (Rs. in lakhs)
- Consolidated revenue from operations, quarter ended Sep 30, 2026106.59 (Rs. in lakhs)
- Consolidated net profit after tax, quarter ended Sep 30, 20262.16 (Rs. in lakhs)
- Consolidated exceptional item - loss on subsidiary5.87 (Rs. in lakhs)
- Consolidated net profit after tax, half-year ended Sep 30, 202616.80 (Rs. in lakhs)
- Total income, latest quarter115.44 (Rs. in lakhs)
- Total income, year-ago quarter67.98 (Rs. in lakhs)
- Total income, previous quarter105.76 (Rs. in lakhs)
- Total comprehensive income, latest quarter1.24 (Rs. in lakhs)
- Total comprehensive income, year-ago quarter15.01 (Rs. in lakhs)
- Total comprehensive income, previous quarter20.30 (Rs. in lakhs)
- Profit after tax, latest quarter1.16 (Rs. in lakhs)
- Profit after tax, year-ago quarter15.09 (Rs. in lakhs)
- Profit after tax, previous quarter19.21 (Rs. in lakhs)
- Revenue from operations, latest quarter106.59 (Rs. in lakhs)
- Revenue from operations, year-ago quarter66.88 (Rs. in lakhs)
- Revenue from operations, previous quarter104.95 (Rs. in lakhs)
- Profit before tax, latest quarter11.16 (Rs. in lakhs)
- Profit before tax, year-ago quarter20.34 (Rs. in lakhs)
- Profit before tax, previous quarter26.01 (Rs. in lakhs)
Source: BSE · 22 Oct 2026
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