FCS Software Solutions Q1 Results: Net profit up 6,161% YoY to ₹62.61 lakh

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:

Metric	Standalone Q1FY27	Standalone Q1FY26	Consolidated Q1FY27	Consolidated Q1FY26
Revenue from Operations (₹ Lacs)	801.62	731.79	1,612.00	880.58
Total Expenses (₹ Lacs)	747.55	724.15	1,731.47	1,027.07
Profit Before Tax (₹ Lacs)	75.53	101.35	96.90	55.33
Net Profit (₹ Lacs)	67.79	92.09	62.61	1.00
EPS Basic (₹)	0.004	0.005	0.004	0.000

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.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
0.0%	-1.27%	-1.90%	0.0%	-42.59%	-32.61%

FCS Software Solutions Limited reported a consolidated net profit of ₹261.61 lakh for the financial year ended March 31, 2026, marking a turnaround from the previous year's net profit of ₹373.05 lakh. The Board of Directors approved the audited financial results for the quarter and year ended March 31, 2026, at its meeting held on May 28, 2026. The statutory auditors, SPMG & Company, issued an unmodified opinion on the standalone and consolidated financial results.

The company's consolidated revenue from operations for FY26 stood at ₹5,815.13 lakh, compared to ₹3,654.04 lakh in the previous year. For the quarter ended March 31, 2026, the company reported a consolidated net profit of ₹539.76 lakh and revenue from operations of ₹2,677.19 lakh. On a standalone basis, the company reported a net loss of ₹296.76 lakh for FY26, with revenue from operations at ₹2,914.67 lakh. The results were prepared in compliance with the Indian Accounting Standards (Ind AS) and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance

The following table summarizes the key financial metrics for the standalone and consolidated results for the year ended March 31, 2026:

Metric	Standalone FY26 (₹ in Lacs)	Consolidated FY26 (₹ in Lacs)
Revenue from Operations	2,914.67	5,815.13
Total Revenue	2,974.10	6,764.82
Total Expenses	3,107.75	6,222.11
Net Profit / (Loss)	(296.76)	261.61
Basic EPS (₹)	(0.017)	0.015

Exceptional Items

The standalone financial results included an exceptional item of ₹136.67 lakh, primarily due to the impact of the Labour Codes notified by the Government of India. This resulted in an increase in gratuity liability arising out of past service by ₹120.55 lakh. Similarly, the consolidated results reported an exceptional item of ₹136.91 lakh for the same reason.

Segment Reporting

In the standalone results, revenue from operations was geographically split between India (₹1,504.04 lakh) and Outside India (₹1,410.63 lakh). For the consolidated entity, revenue from India was significantly higher at ₹4,404.50 lakh, while revenue from Outside India stood at ₹1,410.63 lakh. The material subsidiary, Bloom Healthcare & Hospitality Management Private Limited, contributed to the consolidated performance with total assets of ₹16,455.38 lakh as of March 31, 2026.

Other Disclosures

The company confirmed that it is not a Large Corporate as per the applicability criteria given under SEBI circulars dated November 26, 2018, and October 19, 2023. There were no outstanding defaults on loans or debt securities as of the reporting date. The trading window, which was closed prior to the board meeting, will reopen on May 30, 2026.