Orient Technologies544235Quarterly results

Board approves Q2 FY27 results, declares Rs. 2 interim dividend; auditor review unmodified

Board approved unaudited standalone and consolidated results for the quarter and half year ended September 30, 2026, with the auditors' limited review report carrying an unmodified conclusion.

By ScoutQuest · Mon 2 Nov 2026, 6:19 PM IST · 2 min read

Interim dividend per share: Rs. 2/- per equity share (20% of face value of Rs. 10/- each)
Revenue from operations (quarter, standalone): 21,735.42 lakh vs 27,280.46 lakh a year ago
Profit for the period (quarter, standalone): 1,019.08 lakh vs 1,417.37 lakh

What the board decided

Approved the unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026, together with the Limited Review Reports of the statutory auditors.
Declared an interim dividend for FY 2026-27 of Rs. 2/- per equity share, which is 20% of the face value of Rs. 10/- each.
Fixed Friday, November 13, 2026 as the record date for deciding which shareholders are eligible for this dividend. Payment is to be made within 30 days of the declaration.

Auditor's review conclusion

The statutory auditors state that, based on their review, nothing has come to their attention that causes them to believe the statement is not in accordance with the applicable accounting standards or contains any material misstatement. Note 2 to the results describes this as an unmodified conclusion. A review is narrower in scope than a full audit.

Standalone results (amounts in Indian Rupees in lakh)

Revenue from operations for the quarter: 21,735.42 against 27,280.46 in the same quarter a year earlier.
Total income for the quarter: 21,764.01 against 27,411.78.
Profit for the period (quarter): 1,019.08 against 1,417.37.
Revenue from operations for the six months: 41,684.81 against 48,536.73.
Profit for the period (six months): 1,468.72 against 2,420.05.
Basic and diluted earnings per share for the quarter: 2.22 each, against 3.09 each a year earlier; for the six months, 3.21 against 5.28.

How the two business segments did (quarter, standalone)

IT Infrastructure Solutions: revenue 8,878.47, segment result 1,208.00.
IT Infrastructure & Application Services: revenue 12,856.95, segment result 3,052.96.

The company explains that assets and liabilities are not identified separately by segment as they are used interchangeably.

Other points flagged in the notes

A contingent liability of Rs. 525.04 lakh relating to invoices raised by a vendor for committed cloud infrastructure costs; the company is in discussions with the vendor on cancellation and reversal, and has not recognised a liability at this stage.
Net proceeds from the IPO were Rs. 10,792.60 lakh. Of this, 7,723.84 lakh was utilised up to September 30, 2026, leaving 3,068.76 lakh unutilised, mainly towards capital expenditure requirements.
For the year ended March 31, 2026, the company had shown exceptional items of Rs. 408.44 lakh (labour codes impact) and Rs. 195.89 lakh (write-off linked to a discontinued customer relationship).

What this means for a retail reader

The update combines two shareholder-relevant items: a cash dividend with a set record date, and the quarterly scorecard. The headline standalone numbers for both the quarter and the half year are lower than the comparable prior-year periods, while the dividend is an actual payout decision, not a proposal.

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