Containe Technologies Limited has re-appointed Mr. Mahesh Babu Neerukattu as its Internal Auditor for the financial year 2026-27. The Board of Directors approved the appointment on May 25, 2026, following a recommendation from the Audit Committee.

The re-appointment was made in accordance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was submitted to BSE Limited.

Mr. Mahesh Babu Neerukattu is a Partner at M/s. SPMB & Co. LLP, Chartered Accountants, which holds Firm Registration Number (FRN) S000141. The firm was established in 2024 and operates from offices in Chennai and Hyderabad.

The table below outlines the key details of the appointment:

Mr. Neerukattu possesses over 12 years of expertise in Risk Advisory Services across various sectors, including Manufacturing, Airport, FMCG, IT, Retail, Hospitality, Solar power, Oil exploration & production, and Infrastructure industries. His experience includes Project Audits in the Solar Panel Manufacturing and Airport sectors with a project size of USD 3 Billion.

Containe Technologies Limited reported a net profit of ₹10.23 crore for the financial year ended March 31, 2026, an increase from ₹8.96 crore in the previous year. Revenue from operations surged to ₹239.63 crore, compared to ₹153.47 crore in FY25. The board approved the audited financial results for the half-year and full year ended March 31, 2026, at its meeting held on May 25, 2026.

Financial Performance

The company’s earnings per share (EPS) on a basic and annualised basis improved to ₹1.64 in FY26 from ₹1.44 in the previous year. Total expenses for the year rose to ₹219.23 crore from ₹134.90 crore. The profit from ordinary activities before finance costs and exceptional items stood at ₹21.03 crore, up from ₹19.18 crore in the prior year.

Key Financial Metrics (₹ in 000's)

Auditor's Report and Disclosures

The statutory auditors, M/s. Dhanunjaya & Haranath, issued an unmodified opinion on the financial results. However, the auditors drew attention to unbilled revenue aggregating to ₹210.15 lakhs as of March 31, 2026, comprising subscription and SIM connectivity charges and technical service charges. The auditors noted that recognition and recoverability of these amounts involve management judgment, though the company believes they are fully recoverable.

Board Appointments

In addition to the financial results, the board re-appointed Mr. Mahesh Babu Neerukattu, Partner at M/s. SPMB & Co. LLP, as the Internal Auditor for the financial year 2026-27. The board also re-appointed M/s. R&A Associates, Company Secretaries, as the Secretarial Auditor for FY27, based on the Audit Committee's recommendation.