Edvenswa Enterprises Appoints Krishna Mohan Adalath as CEO; Reports Q1 FY27 Financial Results
Edvenswa Enterprises Limited appointed Mr. Krishna Mohan Adalath as Chief Executive Officer effective August 4, 2026, bringing over two decades of experience in Enterprise Technology, ERP, and Cloud platforms. On a standalone basis, the company reported a net profit after tax of Rs. 16.47 Lacs for the quarter ended June 30, 2026, with total revenue of Rs. 132.59 Lacs. On a consolidated basis, net profit after tax stood at Rs. 45.42 Lacs, with total consolidated revenue of Rs. 3649.17 Lacs for the same quarter. The financial results were approved by the Board at its meeting held on August 4, 2026, and reviewed by Statutory Auditors VENUGOPAL & CHENYO, Chartered Accountants.

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Edvenswa Enterprises Limited announced the appointment of Mr. Krishna Mohan Adalath as its Chief Executive Officer, effective August 4, 2026. The decision was approved by the Board of Directors at its meeting held on August 4, 2026, which also considered and approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The meeting commenced at 8:30 PM (IST) and concluded at 9:45 PM (IST).
Leadership Appointment
Mr. Krishna Mohan Adalath brings more than two decades of experience across Enterprise Technology, ERP, Cloud platforms, Global delivery, Customer success, and building high-performing teams with sustainable growth. The appointment was made under the Companies Act, 2013. The key details of the appointment, as disclosed under Regulation 30 read with Schedule III of the Listing Regulations, are as follows:
| Parameter: | Details |
|---|---|
| Name: | Mr. Krishna Mohan Adalath |
| Designation: | Chief Executive Officer |
| Reason for Change: | Appointment |
| Date of Appointment: | August 4, 2026 |
| Directorships in Listed Entities: | Nil |
| Relationship with Other Directors: | None |
Standalone Financial Performance — Quarter Ended June 30, 2026
On a standalone basis, Edvenswa Enterprises reported revenue from operations of Rs. 107.45 Lacs for the quarter ended June 30, 2026, compared to Rs. 165.50 Lacs in the quarter ended June 30, 2025. Total revenue, including other income of Rs. 25.14 Lacs, stood at Rs. 132.59 Lacs for the quarter, against Rs. 178.88 Lacs in the corresponding quarter of the previous year. Total expenses for the quarter were Rs. 110.62 Lacs, resulting in a profit before tax of Rs. 21.97 Lacs. After accounting for a current tax of Rs. 5.50 Lacs, the net profit after tax stood at Rs. 16.47 Lacs.
| Metric: | Q1 FY27 (30-06-2026) Unaudited | Q4 FY26 (31-03-2026) Audited | Q1 FY26 (30-06-2025) Unaudited |
|---|---|---|---|
| Revenue from Operations: | Rs. 107.45 Lacs | Rs. 28.89 Lacs | Rs. 165.50 Lacs |
| Other Income: | Rs. 25.14 Lacs | Rs. 32.24 Lacs | Rs. 13.38 Lacs |
| Total Revenue: | Rs. 132.59 Lacs | Rs. 61.13 Lacs | Rs. 178.88 Lacs |
| Total Expenses: | Rs. 110.62 Lacs | Rs. 17.87 Lacs | Rs. 158.13 Lacs |
| Profit Before Tax: | Rs. 21.97 Lacs | Rs. 43.26 Lacs | Rs. 20.75 Lacs |
| Net Profit After Tax: | Rs. 16.47 Lacs | Rs. 34.02 Lacs | Rs. 20.84 Lacs |
| Total Comprehensive Income: | Rs. 16.47 Lacs | Rs. 29.27 Lacs | Rs. 20.84 Lacs |
| Basic EPS (Rs.): | 0.06 | 0.12 | 0.07 |
| Diluted EPS (Rs.): | 0.06 | 0.12 | 0.07 |
The paid-up share capital remained unchanged at Rs. 2921.60 Lacs, with a face value of Rs. 10.00 per share. Total reserves on a standalone basis stood at Rs. 8047.37 Lacs as of June 30, 2026.
Consolidated Financial Performance — Quarter Ended June 30, 2026
On a consolidated basis, Edvenswa Enterprises reported revenue from operations of Rs. 3624.03 Lacs for the quarter ended June 30, 2026, compared to Rs. 4042.82 Lacs in the quarter ended June 30, 2025. Total consolidated revenue stood at Rs. 3649.17 Lacs, against Rs. 4056.20 Lacs in the corresponding quarter of the previous year. Total consolidated expenses were Rs. 3598.30 Lacs, yielding a profit before tax of Rs. 50.87 Lacs. Net profit after tax on a consolidated basis was Rs. 45.42 Lacs for the quarter, compared to Rs. 439.56 Lacs in the same quarter of the previous year.
| Metric: | Q1 FY27 (30-06-2026) Unaudited | Q4 FY26 (31-03-2026) Audited | Q1 FY26 (30-06-2025) Unaudited |
|---|---|---|---|
| Revenue from Operations: | Rs. 3624.03 Lacs | Rs. 3237.19 Lacs | Rs. 4042.82 Lacs |
| Other Income: | Rs. 25.14 Lacs | Rs. 32.24 Lacs | Rs. 13.38 Lacs |
| Total Revenue: | Rs. 3649.17 Lacs | Rs. 3269.43 Lacs | Rs. 4056.20 Lacs |
| Total Expenses: | Rs. 3598.30 Lacs | Rs. 3463.35 Lacs | Rs. 3723.25 Lacs |
| Profit Before Tax: | Rs. 50.87 Lacs | Rs. -193.92 Lacs | Rs. 332.95 Lacs |
| Net Profit After Tax: | Rs. 45.42 Lacs | Rs. 42.17 Lacs | Rs. 439.56 Lacs |
| Total Comprehensive Income: | Rs. 41.92 Lacs | Rs. 355.39 Lacs | Rs. 439.33 Lacs |
| Basic EPS (Rs.): | 0.16 | 0.14 | 1.50 |
| Diluted EPS (Rs.): | 0.16 | 0.14 | 1.50 |
The consolidated paid-up share capital remained at Rs. 2921.60 Lacs, with total reserves of Rs. 11283.57 Lacs as of June 30, 2026. The consolidated results include the performance of subsidiaries — Edvenswa Tech Inc. (USA), OMNI Networks Inc. (USA), Seltosoft Inc. (USA, Step Down Subsidiary), and Strategemist Global Private Limited (India, 51% Subsidiary). The company operates in a single reportable business segment, namely Software Development. The unaudited financial results were reviewed by the Statutory Auditors, VENUGOPAL & CHENYO, Chartered Accountants, and approved by the Board of Directors on August 4, 2026.
Historical Stock Returns for Edvenswa Enterprises
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.91% | +4.93% | -8.66% | -22.24% | -48.31% | +81.74% |
How does Mr. Adalath's background in Enterprise Technology and Cloud platforms align with Edvenswa's strategy to reverse the 89% year-over-year decline in consolidated net profit?
What specific operational changes or cost-cutting measures is the new CEO expected to implement to address the widening gap between total revenue and total expenses in the software development segment?
Given the significant drop in EPS from Rs. 1.50 to Rs. 0.16, what is the management's outlook for revenue growth in Q2 FY27 to regain investor confidence?


































