C2C Advanced Systems has made the audio recording of its earnings conference call for the second half of FY 2025–26 available to investors. The recording, which covers the company’s financial results and operational performance for the period, is now accessible on the company’s official website at https://c2c-as.com/investor/ . This disclosure follows the conference call held on July 27, 2026, where management discussed key developments and provided an outlook for FY 2026–27.

The announcement was filed with the National Stock Exchange of India Limited pursuant to Regulation 30 read with Schedule III (Part A, Clause 15) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. In addition to the audio recording, the company stated that the full transcript of the earnings conference call will be uploaded on its website in due course. Stakeholders are advised to visit the investor relations section of the website for access to these materials.

Earnings Call Overview

The earnings conference call was conducted on Monday, July 27, 2026, from 5:30 p.m. to 7:30 p.m. IST. The session was led by the senior management team and focused on several critical areas relevant to the company’s performance and strategy. Key discussion points included:

• Financial results for H2 FY 2025–26
• Overview of operational and strategic highlights for FY 2025–26
• Outlook and priorities for FY 2026–27
• Technology roadmap and vertical developments
• Interactive Q&A with senior management

These topics aimed to provide a comprehensive view of the company’s recent achievements and its planned initiatives for the upcoming fiscal year. Investors and analysts who participated in the virtual session via Zoom could now review the recorded proceedings for further analysis.

Access Details

Participants are advised to register in advance for future webcasts using the provided links to ensure seamless access. The call was recorded in line with SEBI regulations, ensuring transparency and compliance with listing obligations.

Contact Information

For further information or investor queries, stakeholders may contact the company at ir@c2c-as.com or visit the official website at https://c2c-as.com/ . The notice was signed by Manjeet Singh, Company Secretary, M. No. A61378, from New Delhi on July 29, 2026.

C2C Advanced Systems reported a 26.5% increase in revenue from operations to ₹14,564.23 lakh for the year ended March 31, 2026, but faces significant headwinds as statutory auditors flagged a liquidity crisis and expressed doubt over the company's ability to continue as a going concern. The auditors, LABS & Associates, modified their opinion due to the company's reliance on short-term funding from promoter companies, pending undisputed statutory dues, and a lack of material recovery from trade receivables. Additionally, the company recognized Corporate Social Responsibility (CSR) expenses via uncleared cheques resulting in a book overdraft, a practice the auditors noted does not discharge the statutory obligation until actual clearance.

The Board of Directors approved the audited financial results for the half year and year ended March 31, 2026, following a review by the Audit Committee. The results show that while total revenue rose to ₹16,167.40 lakh from ₹11,745.90 lakh in the previous year, the company reported a profit after tax of ₹1,832.96 lakh for FY26, a decrease from ₹2,883.95 lakh in FY25. For the half year ended March 31, 2026, the company recorded a loss of ₹532.58 lakh. Earnings per share (basic) for the full year stood at ₹10.92, down from ₹21.07 in the prior year.

Key Financial Metrics

Beyond the liquidity concerns, the auditors highlighted several other material issues. The company has not assessed the financial impact of the new Labour Code introduced in November 2025, nor has it revised salary structures, citing pending state rules in Karnataka without providing an expert opinion. Furthermore, the company failed to realize overseas receivables within RBI timelines and has not submitted applications for regularization, while its SOFTEX registration remains pending. The auditors noted that the financial results omit provisions for potential penal consequences arising from these regulatory delays.

In corporate governance developments, the Board appointed Mr. Krishnamurthy Chandra as the Chief Executive Officer effective July 18, 2026. Mr. Chandra, an alumnus of IIT Madras and Rutgers University, brings over 45 years of experience in technology licensing and defense systems. The Board also appointed Ms. Neha Gupta as an independent director member of the Audit Committee.

The company's assets totaled ₹37,382.27 lakh as of March 31, 2026, a significant increase from ₹26,244.83 lakh in the previous year, driven largely by trade receivables which surged to ₹24,029.55 lakh. Current liabilities also rose to ₹14,906.57 lakh, with short-term borrowings increasing to ₹4,531.55 lakh. The statement of cash flows revealed a net decrease in cash and cash equivalents of ₹78.66 lakh during the year, leaving a closing balance of ₹93.16 lakh.