Suvidhaa Infoserve543281Quarterly results

Board approves unaudited September 2026 quarter results; auditor review finds no material misstatement

The Board met on 05 November 2026 and approved the unaudited standalone and consolidated financial results for the quarter and half year ended 30 September 2026, along with the Limited Review Report.

By ScoutQuest · Thu 5 Nov 2026, 11:01 PM IST · 3 min read

Consolidated · ₹ million · EPS in ₹
Line item	Latest	Year ago	YoY	Prev qtr	QoQ
Revenue from operations	13.2	10.0	+32%	24.0	−45%
Total income	13.4	10.2	+31.4%	24.0	−44.2%
Profit before tax	(11.3)	(17.6)	+35.8%	(19.1)	+40.8%
Profit after tax	(11.3)	(17.6)	+35.8%	(19.1)	+40.8%
Total comprehensive income	(11.3)	(17.6)	+35.8%	(19.1)	+40.8%
Basic EPS	(0.05)	(0.08)	+37.5%	(0.09)	+44.4%

Total income: Latest 13.4; Year ago 10.2 (+31.4%); Prev qtr 24.0 (−44.2%)
Profit after tax: Latest (11.3); Year ago (17.6) (+35.8%); Prev qtr (19.1) (+40.8%)
Period: September 30, 2026 (Unaudited)

Also decided at the meeting

Board authorised Mr. Naresh Sharma, Managing Director, to sign the financial results on behalf of the Company.

Auditor's review

Conclusion: Unmodified

Other matter: interim financial information of 3 subsidiaries (total assets Rs. 181.30 million, total revenues Rs. 34.18 million, TCI Rs. (9.90) million for six months) reviewed by other auditors.

Notes to the results

Fair value of investments as at 30 September 2026 based on valuation reports dated May 2025; management sees no significant deviations; updated valuation reports in progress.

What the board decided

Suvidhaa Infoserve’s board met on 05 November 2026 and approved the unaudited standalone and consolidated financial results for the quarter and half year ended 30 September 2026, together with the Limited Review Report. The Audit Committee reviewed and recommended the results, and Managing Director Naresh Sharma was authorised to sign them on the company’s behalf. The meeting ran from 9.00 P.M. to 9.45 P.M., and the results are available on the company’s website.

Auditor’s review conclusion

The statutory auditor, Jain Kedia & Sharma, Chartered Accountants, stated that nothing came to its attention that causes it to believe the statement has not disclosed the required information, or that it contains any material misstatement. This is a limited review, which is narrower in scope than a full audit. For the consolidated results, the auditor did not review the interim financial information of 3 subsidiaries; those were reviewed by other auditors, whose reports were furnished.

Standalone numbers (Rs in million)

‘Income from operations’ was 4.1 for the quarter and 8.8 for the half year, against 1.1 and 4.9 in the same periods a year earlier.
‘Total expenses’ were 10.6 for the quarter and 29.5 for the half year.
‘Profit after tax’ was (6.3) for the quarter and (20.5) for the half year, against (14.2) and (18.5) a year earlier.
Basic and diluted ‘Earnings per share’ (not annualised) were (0.03) for the quarter and (0.10) for the half year.

Consolidated numbers (Rs in million)

‘Income from operations’ was 13.2 for the quarter and 37.2 for the half year, against 10.0 and 20.2 a year earlier.
‘Total expenses’ were 24.7 for the quarter and 67.8 for the half year.
‘Profit after tax’ was (11.3) for the quarter and (30.4) for the half year, against (17.6) and (60.6) a year earlier.
Basic and diluted ‘Earnings per share’ were (0.05) for the quarter and (0.14) for the half year.

Balance sheet (standalone, as at 30 September 2026, Rs in million)

Total assets 1,290.3; total equity 1,065.2; total liabilities 225.1.
Investments 965.6; trade receivables, current 108.0; cash and cash equivalents 8.4.
Current borrowings 17.8 against 7.2 as at 31 March 2026.

Business and valuation notes

The company operates in one business segment: e-commerce including payment services, trading of e-vouchers, financial services under S-commerce, website development and maintenance and related ancillary services.
Investments are measured at fair value based on valuation reports dated May 2025; management evaluated the assumptions and projected cash flows against actual performance for the year ended 31 March 2026 and the half year ended 30 September 2026 and observed no significant deviations. The process of obtaining updated valuation reports is in progress.
Cash flow from operating activities for the half year was (10.6) on a standalone basis.

What a retail investor may note

The company reported a loss at both standalone and consolidated level for the quarter and the half year. The consolidated half-year loss of (30.4) is smaller than the (60.6) of a year earlier, while the standalone half-year loss of (20.5) is slightly larger than (18.5).
Revenue from operations rose year on year at both standalone and consolidated level in the half year.
The consolidated results include 3 subsidiaries (NSI Infinium Global Limited, NUPI Infotech Limited and Sine Qua Non Solutions Private Limited) whose interim financial information was reviewed by other auditors and reflects total assets of Rs. 181.30 million, total revenues of Rs. 34.18 million and total comprehensive income/(loss) of Rs. (9.90) million for the six months ended 30 September 2026.

₹37.2 MnConsolidated 'Income from operations', half year (Rs in million

Total income, quarter24.0 (Rupees in million)

Revenue from operations, latest quarter13.2 (Rupees in million)

Consolidated 'Income from operations', half year (Rs in million ₹37.2 Mn: Total income, quarter 24.0 (Rupees in million), Revenue from operations, latest quarter 13.2 (Rupees in million).

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