Ekansh Concepts Limited returned to profitability in Q1FY27, reporting a standalone net profit of ₹34.83 lakh for the quarter ended June 30, 2026. This marks a significant turnaround from the net loss of ₹182.71 lakh recorded in the previous quarter and a net loss of ₹304.58 lakh for the full fiscal year FY26.

The company’s consolidated net profit stood at ₹30.31 lakh, compared to a consolidated loss of ₹171.60 lakh in Q4FY26. The improvement was driven by a sharp decline in total expenses, which fell to ₹554.87 lakh from ₹782.63 lakh in the prior quarter.

Financial Performance

Income from operations contracted 26% year-on-year to ₹501.50 lakh, down from ₹678.22 lakh in Q1FY26. However, this decline was offset by a substantial rise in other income, which jumped 114% YoY to ₹100.33 lakh from ₹46.91 lakh. Total income for the quarter reached ₹601.83 lakh, slightly higher than the ₹593.67 lakh reported in Q4FY26.

Operational costs dropped significantly to ₹28.00 lakh from ₹97.73 lakh in the previous quarter. Employee benefits expense also decreased to ₹273.47 lakh from ₹289.70 lakh. Finance costs rose to ₹167.45 lakh from ₹155.20 lakh, while depreciation and amortisation increased to ₹30.51 lakh from ₹24.80 lakh.

What the Numbers Show

The return to profitability is heavily reliant on non-operational gains. Other income constitutes approximately 16.7% of total income in Q1FY27, up from roughly 6.5% in Q1FY26. While operational revenue declined, the surge in other income alongside a sharp reduction in operational and employee costs drove the bottom-line recovery. The consolidated results reflect a share of loss of ₹4.52 lakh from its joint venture, Ekansh Concepts Ltd JV Futuristic Transindia Development Pvt. Ltd., compared to a share of profit of ₹11.11 lakh in the previous quarter.

Board Approvals

At its meeting held on August 12, 2026, the Board of Directors approved several key administrative matters:

• Statutory Auditor Appointment: The board appointed M/s. Bilimoria Mehta & Co., Chartered Accountants, as Statutory Auditors for a five-year term commencing from the conclusion of the 34th AGM until the 39th AGM. This replaces the current auditor, M/s. Pramod K Sharma & Co., whose term ends with the 34th AGM.
• Director Regularisation: The designations of Mrs. Neha Beriwala and Mr. Rajesh Kumar Agrawal were changed from Additional Director to Director, subject to shareholder approval at the ensuing Annual General Meeting.
• AGM Notice: The draft notice for the 34th Annual General Meeting, scheduled for September 28, 2026, was approved. The Annual Report 2025-26 will be available on the company website.

The financial results were reviewed by the Audit Committee and approved by the Board. Statutory auditors Pramod K Sharma & Co. issued an unqualified limited review report on the unaudited standalone and consolidated financial results.

Ekansh Concepts has approved a scheme of merger by absorption with Sankalp Industrial Infratech Private Limited to consolidate infrastructure development and project management capabilities. The board meeting held on June 29, 2026, sanctioned the merger following recommendations from the Audit Committee and the Committee of Independent Directors. This strategic move aims to create a stronger, integrated infrastructure platform by combining the asset development expertise of Sankalp Industrial Infratech with the consultancy and project management strengths of Ekansh Concepts.

The merger is subject to approvals from the Bombay Stock Exchange Limited (BSE Limited), Securities and Exchange Board of India (SEBI), and the National Company Law Tribunal (NCLT). It also requires consent from the majority of public shareholders as per the SEBI Master Circular dated June 20, 2023. The valuation for the consideration was determined by Mr. Harsh Ruparelia, a Registered Valuer, and a Fairness Opinion was issued by 3Dimension Capital Services Limited, a Category I SEBI Registered Merchant Banker.

Under the approved scheme, equity shareholders of Sankalp Industrial Infratech Private Limited will be entitled to receive 7 fully paid equity shares of ₹10 each in Ekansh Concepts Limited for every 8 fully paid equity shares of ₹10 each held in the transferor company. The share exchange ratio will result in a change in the shareholding pattern of Ekansh Concepts, with promoters holding 73.71% and the public holding 26.29% post-merger.

The financial details for the year ended March 31, 2026, indicate that Sankalp Industrial Infratech Private Limited reported a net worth of ₹5,119.23 lakh on a standalone basis and ₹5,845.94 lakh on a consolidated basis. Ekansh Concepts Limited reported a standalone net worth of ₹4,534.85 lakh and a consolidated net worth of ₹4,541.60 lakh for the same period. The merger is expected to generate operational and financial synergies, enhancing the combined entity's capacity to undertake larger infrastructure projects.

In addition to the merger approval, the board appointed Mrs. Neha Beriwala and Mr. Rajesh Kumar Agrawal as Additional Executive Directors of the company effective June 29, 2026, subject to shareholder approval. Mrs. Beriwala is a Chartered Accountant with experience in taxation and compliance, while Mr. Agrawal brings over 25 years of expertise in finance and operations. The company will file the detailed scheme with BSE Limited in accordance with Regulation 37 of the SEBI Listing Regulations.

Financial Snapshot for FY26

Shareholding Pattern Change