ACS Technologies Limited reported a 61% increase in consolidated net profit to ₹851.75 lakh for the financial year ended March 31, 2026, compared to ₹483.70 lakh in the previous year. Revenue from operations surged 108% to ₹26,441.66 lakh from ₹12,694.14 lakh in FY25, driven by robust performance in its IT/ITES services business. On a standalone basis, the company recorded a net profit of ₹737.75 lakh for FY26, up from ₹457.99 lakh in the prior year, with total revenue rising to ₹17,075.00 lakh.

The Board of Directors approved the annual audited financial results for the standalone and consolidated entities at a meeting held on May 28, 2026. The results were reviewed by the Audit Committee and the statutory auditors, Gorantla & Co., who issued an unmodified review report. The company operates solely in the IT/ITES sector and reported no separate reportable segments in accordance with Ind AS 108.

Consolidated Financial Performance

The consolidated financial results include the performance of subsidiaries IotiQ Innovations Private Limited and Innovistas Innovations Private Limited. For the quarter ended March 31, 2026, the consolidated net profit stood at ₹223.69 lakh, while revenue from operations reached ₹12,130.05 lakh. The company reported a basic earnings per share (EPS) of ₹1.40 for FY26, compared to ₹0.80 in the previous year.

Standalone Financial Results

Standalone revenue for FY26 grew to ₹17,075.00 lakh from ₹11,190.20 lakh in the previous year. Total expenses increased to ₹15,960.48 lakh. The company’s profit from operations before exceptional items for the year was ₹1,114.52 lakh. The paid-up equity share capital remained unchanged at ₹6,074.19 lakh with a face value of ₹10 per share.

Balance Sheet and Cash Flows

The consolidated balance sheet as of March 31, 2026, showed total assets of ₹24,664.31 lakh, an increase from ₹16,402.92 lakh in the prior year. Total equity rose to ₹13,460.12 lakh, while total liabilities stood at ₹11,204.20 lakh. The statement of cash flows indicated a net increase in cash and cash equivalents of ₹180.75 lakh for the year, bringing the closing balance to ₹352.67 lakh.

Regulatory Disclosures

In compliance with Regulation 30 and 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company submitted copies of the newspaper advertisement for the audited financial results to the exchanges. The results were published in Business Standard (English) and Telugu Prabha (Telugu) on May 29, 2026. The full results are available on the company's website.

ACS Technologies Limited, a technology solutions provider serving India's government, defence, and enterprise sectors, announced on May 12, 2026, the execution of a Memorandum of Understanding (MoU) with XDLINX Space Labs Private Limited. XDLINX Space Labs is a Hyderabad-based company engaged in end-to-end small satellite mission-as-a-service, including small satellite platforms, mission support services, and related systems integration. The MoU establishes a non-binding framework for strategic cooperation designed to explore collaborative opportunities at the intersection of space technology and ground-based defence electronics.

Partnership Framework and Areas of Collaboration

The MoU outlines several high-growth domains where the two companies intend to explore joint development and integrated solutions. The following table summarises the key areas of collaboration covered under the strategic framework:

Company Profiles

XDLINX Space Labs Private Limited is a Hyderabad-based company focused on advanced space technology solutions, including small satellite platforms, mission support services, and systems integration. The company enables satellite-based applications across communication, observation, and other strategic use cases.

ACS Technologies Limited is a technology solutions provider with experience across defence, government, and enterprise segments. The company operates in areas including systems integration, digital infrastructure, AI/ML, IoT, and geospatial solutions.

Strategic Significance for ACS Technologies

Through this collaboration, ACS Technologies aims to participate in the expanding Indian space economy, consistent with the Government of India's initiatives under Atmanirbhar Bharat and space sector liberalization. The partnership is intended to broaden the company's solution stack by enabling complete, indigenously developed sensor-to-insight solutions spanning both space and ground segments.

The combined strengths of both organisations are positioned to address the requirements of modern integrated defence ecosystems. XDLINX Space Labs contributes space-based intelligence, satellite systems, ISR capabilities, and deep-tech innovation, while ACS Technologies adds capabilities across AI/ML, IoT, cybersecurity, surveillance, data infrastructure, telecom networks, and intelligent systems integration. Together, the partnership targets the development of connected, intelligent, and responsive defence network solutions.

Regulatory Disclosure

The MoU announcement was made pursuant to Regulation 30 read with Para A of Part A of Schedule III to the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was filed with BSE Limited on May 12, 2026, and signed by Shilpi Gunjan, Company Secretary and Compliance Officer of ACS Technologies Limited.