Caspian Corporate Services Limited reported a standalone net profit of ₹1.22 lakh for the quarter ended June 30, 2026, compared to ₹0.34 lakh in the corresponding period of FY25. Total income from operations stood at ₹501.31 lakh, a significant increase from ₹82.49 lakh recorded in Q1FY25.

The company filed its unaudited standalone and consolidated financial results with the Bombay Stock Exchange on August 14, 2026, pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The results were published in 'Financial Express' and 'Mana Telangana'.

Financial Performance

Standalone earnings per share (EPS) were reported at ₹0.0096 for both basic and diluted metrics, up from ₹0.0002 in the previous year's quarter. For the full year ended March 31, 2024, the company posted a net profit of ₹0.25 lakh against total operating income of ₹720.23 lakh.

Equity share capital remained unchanged at ₹1,266.00 lakh. Reserves other than revaluation reserves were not disclosed for the current quarter or the prior year-end, though they stood at ₹627.63 lakh as of March 31, 2024.

What the Numbers Show

While operational income surged more than six-fold year-on-year, the net profit margin remained thin. The absolute increase in net profit was modest (₹0.88 lakh), indicating that costs likely scaled alongside the revenue growth. The absence of disclosed reserves in the current period, despite a positive net profit, suggests potential adjustments or non-cash items impacting retained earnings that are not detailed in the extract.

Caspian Corporate Services has appointed M/s. Shah Sanghvi & Associates as its Internal Auditor for the financial year 2026-27. The Board of Directors approved the engagement during a meeting held on August 5, 2026, finalizing the governance structure for the upcoming fiscal period. This appointment ensures the company meets statutory audit requirements under the Companies Act, 2013, and maintains robust internal control mechanisms.

The decision was formalized in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing also references SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026. Sukumar Reddy Garlapati, Managing Director of Caspian Corporate Services Limited (DIN: 00966068), signed the disclosure submitted to the Bombay Stock Exchange (BSE).

Appointment Details

M/s. Shah Sanghvi & Associates, based in Ahmedabad, was selected to conduct internal audits for FY27. The firm holds Registration Number 140107W and operates as a multidisciplinary practice specializing in auditing, compliance, and transaction tax advisory services.

The firm’s expertise covers mergers and acquisitions support, domestic and international taxation, transfer pricing, valuation, and corporate law advisory under IFRS and Ind AS standards. The terms and conditions of the appointment were decided by the Board during the meeting.

Regulatory Compliance

The Board meeting commenced at 4:00 PM and concluded at 4:15 PM on August 5, 2026. The primary agenda item was the approval of the internal auditor, alongside any other business placed before the Board with the Chairman’s permission. This disclosure replaces the earlier intimation filed on July 31, 2026, under Regulation 29, which had scheduled the meeting for this purpose.

No relationships between directors and the appointed auditor were disclosed, as indicated in the regulatory annexure. The appointment aligns with standard corporate governance practices aimed at enhancing risk management and ensuring statutory compliance for the fiscal year beginning April 1, 2026.