Exato Technologies Limited reported a 70.3% year-on-year increase in net profit for the financial year ended March 31, 2026, reaching ₹1,608.73 lacs, compared to ₹944.90 lacs in the previous year. Revenue from operations for the year stood at ₹16,658.10 lacs, a 35% rise from ₹12,336.65 lacs in FY25. The board approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, in a meeting held on May 29, 2026.

Financial Performance

For the quarter ended March 31, 2026, the company recorded a profit of ₹435.11 lacs, down from ₹487.29 lacs in the same quarter of the previous year. Revenue for the quarter increased to ₹6,077.34 lacs from ₹5,786.72 lacs. The statutory auditors, M/s Arora Prem and Associates, issued an unmodified opinion on the financial results. The company completed its Initial Public Offer (IPO) during the year, raising ₹3,745 lacs, with shares listed on the BSE SME platform on December 5, 2025.

Board Appointments and Decisions

The board made several key management appointments effective June 1, 2026. Mr. Sadanand Muralidharan was appointed as Chief AI Officer designated as Senior Management Personnel, and Mr. Gopinath P Bailur was elevated from Chief Technology Officer to Chief Operating Officer. Additionally, M/s Nirbhay Kumar & Associates were appointed as Secretarial Auditor and M/s Cohort Ventures LLP as Internal Auditor for FY26-27. The board decided not to recommend any dividend for the year, opting to retain profits for expansion initiatives.

Fund Utilization and Compliance

The company utilized ₹1,644.86 lacs of the total net IPO proceeds of ₹3,430 lacs towards funding working capital, product development, and repayment of borrowings. The unutilized amount of ₹1,785.14 lacs has been invested in short-term bank fixed deposits or kept in a dedicated account. The trading window, closed since April 1, 2026, will remain shut until 48 hours after the declaration of financial results in compliance with SEBI regulations.

Exato Technologies Limited has received three orders from iQor India Services Private Limited for professional charges regarding managed services. The aggregate value of these orders is ₹24,57,92,000, exclusive of any applicable taxes, duties, levies, or other government-imposed charges. The orders were awarded by a domestic entity, and the company confirmed that neither the promoter group nor group companies hold any interest in the entity awarding the contracts.

Order Details

The nature of the orders involves professional charges for managed services. The company disclosed that the transactions do not fall within related party transactions and are conducted at arm’s length. The execution timeline for these orders extends into 2027.

Execution Schedule

The three orders are scheduled to be executed on specific dates in 2027. The detailed schedule for the completion of these contracts is outlined below:

The company stated that this development reflects its strong technical expertise and consistent focus on delivering high-quality software and technology-driven solutions. Management expressed optimism about the successful association with iQor India Services Private Limited and committed to executing the engagement to high standards.