Diensten Tech Limited announced its audited financial results for the year ended March 31, 2026, following a Board meeting held on May 14, 2026. The company reported a consolidated net loss of ₹27,705.73 thousand for the fiscal year, compared to a net loss of ₹21,207.96 thousand in the previous year. Revenue from operations for the consolidated entity stood at ₹16,27,890.63 thousand, while total income from operations was ₹16,43,016.42 thousand.

On a standalone basis, the company reported a net profit of ₹4,218.41 thousand for the year ended March 31, 2026, a significant turnaround from the net loss of ₹21,207.96 thousand recorded in the previous year. Revenue from operations increased to ₹13,93,674.66 thousand from ₹6,48,606.26 thousand in the prior year. The total income from operations for the standalone entity was ₹14,00,962.67 thousand.

Consolidated Financial Performance

The consolidated financial results include the performance of subsidiaries UshtaTe Consultancy Services LLP and Diensten Tech Inc. Total expenses for the year amounted to ₹16,17,628.95 thousand. The company reported exceptional items amounting to ₹7,407.27 thousand, primarily attributed to the statutory impact of new Labour Codes notified by the Government of India. The basic and diluted earnings per share (EPS) for the year were reported as a loss of ₹3.35 and ₹3.31, respectively.

Standalone Financial Performance

The standalone results reflect the company's operational performance excluding its subsidiaries. Total expenses for the year were ₹13,89,736.13 thousand. The profit before tax for the standalone entity was ₹5,935.22 thousand. The company’s paid-up equity share capital remained unchanged at ₹82,606.46 thousand during the year.

Corporate Developments

During the year, the company acquired 100% ownership interest in Ushta Te Consultancy Services LLP, making it a wholly-owned subsidiary effective May 12, 2025. Additionally, the company subscribed to 100% shares of Diensten Tech Inc. (USA), which became a wholly-owned subsidiary effective November 10, 2025. The statutory auditors, M/s. S.R. Dinodia & Co. LLP, issued an unmodified audit opinion on the financial results.

Diensten Tech Limited's board of directors has approved a significant preferential issue of fully convertible warrants worth up to ₹4,58,62,000. The board meeting held on April 28, 2026, concluded with the approval of issuing up to 3,98,800 warrants at ₹115 per warrant to a mix of promoters, promoter group members, and public investors.

Warrant Issue Details

The fully convertible warrants carry the right for holders to subscribe to one equity share of face value ₹10 each. The issue price of ₹115 per warrant has been determined in accordance with Chapter V of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, and applicable provisions of the Companies Act, 2013.

Allocation Structure

The warrant allocation spans across different investor categories, with promoters receiving the largest share. Abhishek Singhania, a promoter, is set to receive the maximum allocation of 2,60,000 warrants, representing approximately 65% of the total issue.

Regulatory Compliance and Next Steps

The board has approved a draft notice for postal ballot to seek shareholders' approval for the preferential issue. The company has provided detailed disclosures as required under Regulation 30 of SEBI Listing Regulations, 2015, and SEBI Master Circular dated January 30, 2026. The issue involves cash consideration and includes provisions for conversion intimation as and when required.

Trading Window Status

The company's trading window for securities remains closed since April 01, 2026, as per the insider trading code of conduct. This closure was previously intimated on March 31, 2026, and will continue during the preferential issue process. The board meeting commenced at 4:30 p.m. and concluded at 8:00 p.m. on April 28, 2026, with Managing Director Vipul Prakash signing the regulatory filings.