Hypersoft Technologies Limited has accepted the resignation of Lakshman Koduru as Chief Financial Officer (CFO) and Key Managerial Personnel (KMP). The departure is effective from the close of business hours on August 17, 2026.

The company informed the Bombay Stock Exchange on August 17, 2026, pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was read with SEBI Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Resignation Details

According to the filing, Koduru tendered his resignation to pursue growth opportunities outside the organization. In his resignation letter addressed to the Board of Directors, he confirmed there were no material reasons for his departure other than the stated career move.

Manohar Reddy Pandi, Company Secretary and Compliance Officer, signed the disclosure on behalf of the company. The Board expressed gratitude for Koduru's support and cooperation during his tenure.

Hypersoft Technologies reported a consolidated net profit of ₹1017.44 lakh for the quarter ended June 30, 2026, marking a significant increase from ₹878.22 lakh in the same period last year. The company’s consolidated revenue from operations surged to ₹7753.09 lakh, compared to nil in the prior year’s quarter, driven by expanded operations through its subsidiaries. Standalone net profit also grew to ₹139.21 lakh from ₹83.53 lakh in Q1FY26, with standalone revenue rising to ₹1723.25 lakh from ₹992.86 lakh.

The Board of Directors approved the unaudited financial results at a meeting held on July 31, 2026, in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The statutory auditors, M/s. Anant Rao & Mallik, Chartered Accountants, issued a limited review report on both standalone and consolidated financial statements. The review was conducted in accordance with Standards on Review Engagements (SRE) 2410 issued by the Institute of Chartered Accountants of India.

Financial Performance Highlights

The company’s financial results for Q1FY27 reflect strong growth across key metrics:

Consolidated other income stood at ₹12.54 lakh, while standalone other income was ₹11.05 lakh. Employee benefits expense remained controlled at ₹254.44 lakh (consolidated) and ₹137.22 lakh (standalone). Finance costs were minimal at ₹1.85 lakh (consolidated) and nil for standalone operations.

Subsidiary Contributions and Auditor Scope

The consolidated results include five entities: NX Global Pte Ltd., Mindgate Solutions Pte. Ltd., Mindgate Solutions LLC, Nexus Innovate Pte. Ltd., and Nexus Innovate LLC. The statutory auditors did not review the interim financial results of two subsidiary companies and three step-down subsidiary companies directly. These entities reported total assets of ₹7,372.12 lakh, total revenue of ₹6,031.32 lakh, and net profit after tax of ₹878.22 lakh for the quarter. The auditors’ conclusions regarding these subsidiaries are based solely on management certification and reviews by other auditors.

What the Numbers Show

The dramatic rise in consolidated revenue from nil to ₹7753.09 lakh indicates that the company’s international subsidiaries now constitute the primary revenue engine, contributing approximately ₹6031.32 lakh or nearly 78% of total consolidated revenue. This structural shift suggests Hypersoft Technologies is increasingly reliant on its overseas operations for growth, with the Indian standalone entity playing a smaller but still profitable role. The margin expansion—consolidated PAT margin reaching 13.1% versus 14.0% standalone—highlights the scalability of its software development and services model across geographies.