Board approves Q2/H1 results and amalgamation of wholly owned subsidiary into the company
Board approved unaudited standalone and consolidated results for the quarter and half year ended September 30, 2026.
By ScoutQuest · · 2 min read
- Consolidated revenue from operations (Q2)
- Rs. 42,224.06 lakh
- Consolidated net profit (Q2)
- Rs. 8,688.20 lakh
- Appointed Date for scheme of amalgamation
- April 1, 2026
Results for the quarter and half year ended September 30, 2026
The Board approved the unaudited standalone and consolidated financial results of the company for the quarter and half year ended September 30, 2026. Amounts in the statements are stated in Rupees lakhs. Walker Chandiok & Co LLP reviewed both statements; the review reports state that nothing came to the auditors' attention that causes them to believe the statements are non-compliant with the disclosure requirements or contain any material misstatement.
Key figures
- Consolidated revenue from operations: 42,224.06 for the quarter ended September 30, 2026 and 77,892.43 for the half year.
- Consolidated net profit: 8,688.20 for the quarter and 14,970.31 for the half year.
- Standalone revenue from operations: 36,952.94 for the quarter.
- Standalone net profit: 7,950.33 for the quarter.
- Paid-up equity share capital, face value Rs. 10 each: 14,151.29.
A review is narrower in scope than a full audit; the auditors state this in their reports covering both the standalone and consolidated statements.
Scheme of amalgamation
- The Board approved a Scheme of Arrangement for amalgamation of Newgen Computers Technologies Limited, described as a wholly owned subsidiary, with and into the company and their respective shareholders and creditors.
- The scheme is framed under sections 230 to 232 and other applicable provisions of the Companies Act, 2013.
- The Appointed Date is April 1, 2026, as defined under the Scheme.
- As the transferor company is a wholly owned subsidiary, the company is not required to obtain a No Objection Letter on the scheme from the stock exchanges where its equity shares are listed.
- The scheme is subject to statutory and regulatory approvals, including from shareholders and creditors (as required or to the extent not dispensed with by the relevant authorities), the Hon'ble National Company Law Tribunal, and any other approvals as may be required.
How to read this
- The results show how the business performed in the quarter and half year; the figures above are the headline revenue and profit lines from the consolidated and standalone statements.
- Unaudited and reviewed means the numbers have been examined through review procedures by the auditors, which is less extensive than a full audit.
- An amalgamation of a wholly owned subsidiary into the parent is a group restructuring step that brings the subsidiary into the listed company itself.
- The scheme is subject to the approvals listed above and is not effective until those come through, with April 1, 2026 as the Appointed Date defined in the Scheme.
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More numbers
- Consolidated revenue from operations, quarter ended Sep 30, 2026 (Rs. lakh)42,224.06
- Consolidated net profit, quarter ended Sep 30, 2026 (Rs. lakh)8,688.20
- Consolidated revenue from operations, half year ended Sep 30, 2026 (Rs. lakh)77,892.43
- Consolidated net profit, half year ended Sep 30, 2026 (Rs. lakh)14,970.31
- Standalone revenue from operations, quarter ended Sep 30, 2026 (Rs. lakh)36,952.94
- Standalone net profit, quarter ended Sep 30, 2026 (Rs. lakh)7,950.33
- Paid-up equity share capital (face value Rs. 10 each), Rs. lakh14,151.29
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