FCS Software Solutions Limited’s Board of Directors approved the Board’s Report, Report on Corporate Governance, and Management Discussion & Analysis for the financial year ended March 31, 2026, during its 229th meeting held on July 25, 2026. The meeting, conducted at the company’s corporate office in Noida, also resulted in the scheduling of the 33rd Annual General Meeting (AGM) for August 25, 2026, marking a key procedural milestone for shareholders ahead of the fiscal year-end reporting cycle.

The Board took note of the Secretarial Audit Report for FY26 issued by M/s. Neeraj Arora & Associates. In compliance with Regulation 30 and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company disclosed the outcome of the meeting to the Bombay Stock Exchange and the National Stock Exchange of India Limited. M/s. Neeraj Arora & Associates was appointed as the Scrutinizer for the upcoming 33rd AGM.

AGM Schedule and Share Transfer Closure

The 33rd Annual General Meeting is scheduled to be held on Tuesday, August 25, 2026, at 11:30 AM through Video Conferencing or Other Audio Visual Means (OAVM). To facilitate the preparation of the register of members for the AGM, the Register of Members and Share Transfer Books will remain closed from Wednesday, August 19, 2026, to Tuesday, August 25, 2026, both days inclusive.

The cut-off date for determining entitlements for the Annual General Meeting is Tuesday, August 18, 2026, pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Shareholders holding units as of this cut-off date will be eligible to participate in the meeting.

Corporate Governance and Compliance

The approval of the Corporate Governance Report and the Management Discussion & Analysis underscores the company’s adherence to regulatory disclosure norms. The Secretarial Audit Report, reviewed by the Board, confirms compliance with applicable statutory provisions during the financial year. The appointment of Neeraj Arora & Associates as Scrutinizer ensures independent oversight of the AGM proceedings.

The meeting commenced at 11:00 AM and concluded at 11:30 AM. Deepti Singh, Company Secretary of FCS Software Solutions Limited, certified the true copy of the resolution passed by the Board.

FCS Software Solutions reported a consolidated net profit of ₹62.61 lakh for the quarter ended June 30, 2026, a substantial rise from ₹1.00 lakh in the same period last year. Standalone net profit was ₹67.79 lakh, down from ₹92.09 lakh in Q1FY26. The Board of Directors approved the unaudited financial results on July 25, 2026, following a review by the Audit Committee and independent auditors SPMG & Co.

Consolidated revenue from operations grew 83.1% year-on-year to ₹1,612.00 lakh, up from ₹880.58 lakh in Q1FY25. Standalone revenue increased 9.5% to ₹801.62 lakh, compared to ₹731.79 lakh in the prior year quarter. The company’s total comprehensive income on a consolidated basis was ₹53.92 lakh, versus ₹697.74 lakh in Q1FY25, driven by changes in other comprehensive income.

Financial Performance

The following table outlines the key financial metrics for FCS Software Solutions:

On a standalone basis, total expenses rose to ₹747.55 lakh from ₹724.15 lakh in Q1FY26. Employee benefits expense decreased to ₹403.71 lakh from ₹451.94 lakh, while sub-contracting and technical fees increased to ₹94.03 lakh from ₹67.50 lakh. Other expenses grew to ₹182.09 lakh from ₹142.07 lakh. Consolidated expenses were higher at ₹1,731.47 lakh, including purchase of stock-in-trade of ₹462.19 lakh and finance costs of ₹135.14 lakh.

Segment Analysis

Revenue by geographical segment showed varied performance. On a standalone basis, India revenue rose to ₹434.00 lakh from ₹317.76 lakh, while outside India revenue declined to ₹367.61 lakh from ₹414.03 lakh. The India segment contributed ₹260.07 lakh to pre-tax profits, compared to ₹135.83 lakh in the prior year. Outside India segment profits fell to ₹69.48 lakh from ₹105.16 lakh.

In consolidated figures, India revenue surged to ₹1,244.39 lakh from ₹466.56 lakh, driven by subsidiary contributions. Outside India revenue remained flat at ₹367.61 lakh. The India segment generated ₹267.33 lakh in pre-tax profits, up from ₹248.99 lakh. Outside India segment profits dropped to ₹69.48 lakh from ₹105.16 lakh.

What the Numbers Show

The divergence between standalone and consolidated profitability highlights the impact of group structures. While standalone net profit declined 26.4% year-on-year, consolidated net profit jumped 6,161% due to minimal prior-year earnings of ₹1.00 lakh. The significant rise in consolidated other un-allocable expenses to ₹456.28 lakh from ₹500.98 lakh suggests cost management efforts at the group level, though purchase of stock-in-trade remains a major expense driver at ₹462.19 lakh. The decline in outside India segment profits across both standalone and consolidated views indicates potential headwinds in international operations.