Centerac Technologies Limited reported a widened net loss of ₹16.99 lakh for the first quarter of FY26 (Q1FY26), ending June 30, 2026, compared to a net loss of ₹3.99 lakh in the same quarter of the previous year. The Mumbai-based technology solutions provider saw revenue from operations contract by 28.5% year-on-year to ₹4.89 lakh, down from ₹6.84 lakh in Q1FY25. This decline, coupled with a sharp rise in other expenses, eroded profitability and resulted in basic earnings per share of a loss of ₹0.15, worsening from a loss of ₹0.04 per share in the prior year period.

The Board of Directors approved the unaudited financial results on August 11, 2026, following a review by the Audit Committee. The results were reviewed by Mittal & Associates, the statutory auditors, pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company’s management confirmed that the financial statements were prepared in accordance with Indian Accounting Standard 34 (Ind AS 34) and Section 133 of the Companies Act, 2013.

Financial Performance Breakdown

Revenue from operations stood at ₹4.89 lakh for the three months ended June 30, 2026, a significant drop from ₹40.81 lakh in the preceding quarter (Q4FY26) and ₹6.84 lakh in Q1FY25. Other income was nil during the quarter, compared to ₹0.10 lakh in both the preceding quarter and the full year ended March 31, 2026.

Total expenses rose to ₹21.87 lakh in Q1FY26 from ₹10.83 lakh in Q1FY25. While cost of materials consumed remained low at ₹0.50 lakh, other expenses jumped to ₹20.92 lakh from ₹10.34 lakh in the corresponding previous year period. Employee benefit expenses remained stable at ₹0.45 lakh. Finance costs were nil, improving from ₹0.03 lakh in Q1FY25.

What the Numbers Show

The divergence between revenue decline and expense growth highlights operational pressure in the quarter. While revenue fell 28.5% year-on-year, other expenses more than doubled to ₹20.92 lakh from ₹10.34 lakh in Q1FY25. This disproportionate rise in overheads relative to income generation drove the net loss from ₹3.99 lakh to ₹16.99 lakh. In contrast, the preceding quarter (Q4FY26) had been profitable with a net profit of ₹20.59 lakh, supported by significantly higher revenue of ₹40.81 lakh, indicating high volatility in the company’s quarterly performance.

Centerac Technologies Limited has notified its shareholders that the company’s 33rd Annual General Meeting (AGM) will be conducted exclusively through Video Conferencing (VC) or Other Audio-Visual Means (OAVM). The disclosure, made pursuant to Regulation 30 read with Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensures that members can participate remotely without physical presence at a common venue.

The announcement was communicated via newspaper advertisements published on August 1, 2026, in Financial Express (English) and Mumbai Pratha Kal (Marathi). This mode of conducting the AGM aligns with applicable circulars issued by the Ministry of Corporate Affairs (MCA) and the Securities and Exchange Board of India (SEBI), which permit remote participation for general meetings.

Meeting Details and Compliance

The notice confirms that the AGM will transact business as set out in the official Notice of the AGM. In accordance with regulatory guidelines, the Notice of the AGM along with the Annual Report for the financial year 2025-26 will be sent electronically to members who have registered their email addresses with the Company, Depositories, Registrar and Share Transfer Agent (RTA), or Depository Participant.

For members who have not registered their email addresses, the requirement to send physical copies has been dispensed with under the relevant circulars. Instead, the Notice and Annual Report will be available on the company’s website at www.centerac.in and on the BSE Limited website at www.bseindia.com .

E-Voting and Member Instructions

Shareholders are provided with a remote e-voting facility to cast votes on resolutions set out in the AGM Notice. Members may exercise this right either prior to the meeting or during the AGM session. Detailed procedures for accessing the e-voting platform will be included in the formal Notice of the AGM.

Members holding shares in physical form or those without registered email IDs are instructed to update their details immediately. Physical shareholders should contact the RTA, MUFGI Intime India Pvt. Ltd., while demat holders must coordinate with their Depository Participants to register email and bank account details. Unregistered members can request user IDs and passwords for e-voting by emailing investors@centerac.in or rt.helpdesk@in.mprms.mufgi.com , providing necessary identification documents such as PAN and Aadhaar cards.

Special Window for Share Transfers

The notice also highlights a special window introduced by SEBI for the re-lodgement of transfer requests for physical shares. This window, extended from February 5, 2026, to February 4, 2027, allows investors whose transfer deeds were lodged before April 1, 2019, but were rejected or returned due to deficiencies, to resubmit their requests. Transferred securities will be credited in demat mode and locked in for one year. Eligible shareholders are urged to contact the RTA or the company before the deadline to avail this facility.