Adroit Infotech Limited reported a consolidated net profit of ₹62.84 lakh for the quarter ended June 30, 2026 (Q1FY26), marking a 25% year-on-year decline from ₹84.23 lakh in Q1FY25. While consolidated revenue from operations surged 53% to ₹1,500.99 lakh, driven by growth in SAP support services, the standalone entity recorded a loss of ₹15.64 lakh against a profit of ₹48.15 lakh in the same period last year. The divergence highlights the increasing contribution of overseas subsidiaries to the group’s bottom line.

The Board of Directors approved the unaudited financial results on August 4, 2026, following a review by the Audit Committee and an unmodified limited review report from statutory auditors Rao & Shyam Chartered Accountants. In addition to the results, the Board approved a revision in remuneration payable to Rao & Shyam for conducting the statutory audit of the standalone and consolidated financial statements for FY27. The revised fees will be payable as per approved terms, inclusive of applicable taxes and out-of-pocket expenses.

Consolidated income from operations reached ₹1,500.99 lakh, up from ₹982.69 lakh in Q1FY25. Total expenses rose to ₹1,492.39 lakh from ₹931.10 lakh, primarily due to higher employee benefits expense of ₹864.44 lakh compared to ₹637.31 lakh last year. Other income stood at ₹73.02 lakh, slightly above the ₹64.31 lakh recorded in Q1FY25. The consolidated profit before tax was ₹81.62 lakh, down from ₹115.90 lakh, with total tax expense at ₹18.78 lakh.

In contrast, the standalone business faced margin pressure. Income from operations fell 59% to ₹63.51 lakh from ₹156.74 lakh in Q1FY25. Although other income increased to ₹62.89 lakh, total expenses remained elevated at ₹141.13 lakh. Employee benefits expense decreased to ₹46.74 lakh from ₹57.01 lakh, but finance costs and depreciation contributed to the loss before tax of ₹14.72 lakh. The standalone loss after tax widened to ₹15.64 lakh from a profit of ₹48.15 lakh in the prior year.

Key Financial Metrics

Rights Issue Update

During the quarter, Adroit Infotech provided a final opportunity to shareholders holding 3,091,222 rights shares who had not paid the first call/final call. The Rights Issue Committee allotted 451,312 shares in its meeting on May 22, 2026. The remaining 2,639,910 unpaid shares will be forfeited pending necessary permissions under SEBI guidelines and the Companies Act. Paid-up equity share capital stands at ₹5,462.85 lakh.

What the Numbers Show

The financial data reveals a structural shift in profitability towards the consolidated group. While the domestic standalone operations contracted significantly—revenue dropping nearly 60%—the international subsidiaries, including entities in the UAE, Singapore, and the USA branch, drove overall group revenue growth. This suggests that Adroit Infotech’s recent expansion into global markets is beginning to offset domestic headwinds, although the standalone loss indicates ongoing challenges in the Indian market.

Adroit Infotech Limited has scheduled its 36th Annual General Meeting (AGM) for August 14, 2026, at 9:00 A.M. IST via video conferencing. The meeting will seek shareholder approval to borrow up to ₹100 crore by way of fund-based and non-fund-based facilities, exceeding the company's paid-up share capital and free reserves. Additionally, the board sanctioned the forfeiture of 26,39,910 partly paid-up equity shares due to non-payment of call monies, effective May 22, 2026, and approved modifications to the AIL ESOP-2023 scheme.

The register of members and share transfer books will remain closed from August 4, 2026, to August 14, 2026. The board fixed August 3, 2026, as the record date for e-voting, which commences on August 10, 2026, at 9:00 A.M. and concludes on August 13, 2026, at 5:00 P.M. Mrs. Sarada Putcha has been appointed as the Scrutinizer for the AGM.

Shareholders will consider the re-appointment of Ms. Kanthi Reddy Sunkerneni, Director (DIN: 10732925), who retires by rotation at this meeting. The board also took note of the revision in remuneration for Mr. Naveen Naidu, Group Chief Executive Officer, and Mr. Satish Kumar Yadav, Group Chief Operating Officer, of material subsidiary Verso Altima India Private Limited, effective from April 1, 2026.

The special business includes resolutions to approve borrowing powers under Section 180(1)(c) of the Companies Act, 2013, and the creation of charges on assets under Section 180(1)(a). Shareholders will also vote on approvals for investments, loans, and guarantees under Sections 186 and 185 of the Companies Act, 2013, respectively. The company seeks approval for material related party transactions under Regulation 23 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The board has proposed modifications to the AIL ESOP-2023 scheme to enable the Adroit Infotech Employees Welfare Trust to acquire shares through primary or secondary routes. The company stated that no dividend is recommended for the financial year ended March 31, 2026.

The table below summarizes the key resolutions: