Futuristic Solutions Limited published its unaudited financial results for the quarter ended June 30, 2026, in the newspapers Financial Express and Jansatta on August 7, 2026. The disclosure was made pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The results, which show a net profit of ₹187.64 lakh, were approved by the company’s Board of Directors during a meeting held on August 6, 2026. This publication ensures wider accessibility of the financial performance data to shareholders and stakeholders, complementing the electronic disclosures already made to stock exchanges.

Regulatory Compliance and Disclosure

The company’s compliance officer, Jagrati Rathi, confirmed that the newspaper publication aligns with regulatory requirements for listed entities. The unaudited financial statements were reviewed by the Audit Committee and subsequently approved by the Board. The statutory auditors, Mahesh Yadav & Co., issued a limited review report with an unmodified opinion on the financial statements for the quarter. The publication in both English (Financial Express) and Hindi (Jansatta) mediums aims to cater to a broader investor base, ensuring transparency and adherence to listing norms.

Financial Performance Recap

The Q1FY27 results highlight a significant turnaround from the previous year’s corresponding quarter, where the company reported a net loss of ₹1.31 lakh. Total income from operations surged to ₹261.71 lakh from ₹0.09 lakh in Q1FY26, primarily driven by the realization of claims amounting to ₹259.24 lakh. Earnings per share stood at ₹1.79, both basic and diluted, compared to a loss of ₹0.01 per share in the prior period. The paid-up equity share capital remains unchanged at ₹1,047.34 lakh.

Operational Context

Futuristic Solutions operates primarily in the financing business and has adopted Indian Accounting Standards (Ind AS) since April 1, 2019. The company noted that there were no pending investor complaints at the beginning or end of the quarter, nor any received during the period. The dramatic shift in profitability underscores the event-driven nature of its revenue streams, where claim realizations play a pivotal role in determining quarterly outcomes. Management emphasized that the current quarter’s performance reflects successful execution in claim settlements, contributing to the substantial profit margin despite relatively stable operating expenses.

Futuristic Solutions has scheduled its 43rd Annual General Meeting (AGM) for August 20, 2026, at 12:00 PM IST via video conferencing. The Register of Members and Share Transfer Books will remain closed from August 14, 2026, to August 20, 2026, to determine shareholder eligibility for the meeting. The record date for entitlement is August 13, 2026.

The meeting will consider the adoption of audited financial statements for the year ended March 31, 2026. Shareholders will vote on the re-appointment of Mrs. Sangeeta Sandhu, Director, who retires by rotation, and the appointment of Mr. Parmjit Singh as an Independent Director for a term of five years from July 20, 2026, to July 19, 2031. A special resolution proposes revising the remuneration of Mr. Mandeep Sandhu, Managing Director, from ₹21,00,000 per annum to ₹27,00,000 per annum effective from April 1, 2026.

The Board proposes the re-appointment of M/s Kumar Rajesh & Associates as Secretarial Auditor for a fixed term of five consecutive financial years from FY 2026-27 to FY 2030-31. Central Depository Services (India) Limited (CDSL) will facilitate the remote e-voting and e-voting facility during the AGM.

Key Meeting Details

Shareholders who have cast their vote by remote e-voting prior to the AGM may attend the meeting but shall not be entitled to cast their vote again. Members holding shares in physical mode must register or update their email addresses with the company or its Registrar and Transfer Agent to receive communications electronically.