Innovision Limited announced its unaudited financial results for Q3FY26 ended December 31, 2025, following a board meeting held on April 13, 2026. The company delivered strong performance across key financial metrics, demonstrating significant growth in profitability and operational efficiency.

Financial Performance Highlights

The company reported consolidated revenue of ₹2.33 billion for Q3FY26 compared to ₹2.28 billion in the corresponding quarter of the previous year. Net profit showed remarkable improvement, rising 42% to ₹44 million from ₹31 million year-on-year.

EBITDA and Margin Expansion

The standout performance came from EBITDA growth, which increased 43% to ₹107 million from ₹75 million in Q3FY25. EBITDA margin expanded significantly to 4.60% compared to 3.30% in the previous year, representing an improvement of 130 basis points. This margin expansion reflects enhanced operational efficiency and better cost management.

Nine-Month Performance

For the nine months ended December 31, 2025, consolidated revenue reached ₹7.13 billion compared to ₹6.41 billion in the corresponding period of the previous year. Net profit for the nine-month period stood at ₹245 million versus ₹182 million in the previous year, showing consistent growth momentum.

Regulatory Compliance and Disclosure

The financial results were approved in compliance with Regulation 33 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The company submitted newspaper advertisements pursuant to Regulation 47 of SEBI regulations, with publications in Financial Express (English) and Jansatta (vernacular language) on April 14, 2026.

Corporate Developments

The board meeting also addressed subsequent events, including the resignation of Ms. Sudha Hooda as Independent Director effective April 6, 2026, and the appointment of Mr. Aditya Jha as Independent Director effective April 10, 2026, subject to shareholder approval. The company's shares are listed on NSE and BSE following a successful IPO completed in March 2026.

Innovision Limited has announced significant board restructuring following its meeting on April 10, 2026, with the appointment of a new independent director and reconstitution of key board committees. The decisions were made in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

New Director Appointment

The board approved the appointment of Mr. Aditya Jha (DIN: 01962674) as an Additional Director (Non-Executive-Independent) based on the recommendation of the Nomination & Remuneration Committee. His appointment is effective until the ensuing Annual General Meeting, with the board recommending his appointment as an Independent Director for shareholder approval.

Mr. Jha brings extensive experience spanning 25 years across multiple sectors including corporate, consulting, fintech, energy tech, and the Indian Army. His professional background includes senior leadership roles as Global Commercial Manager at Schneider Electric and Senior Vice President at SysArc Infomatix, where he drove global sales, commercial strategies, and market expansion. As a founder and director, he has built ventures in consulting and capacity building, with expertise in strategic leadership, business development, change management, and global commercial execution.

Board Committee Reconstitution

The company reconstituted key board committees with effect from April 10, 2026, incorporating the newly appointed director into the governance structure.

Audit Committee Composition

Nomination and Remuneration Committee Composition

Regulatory Compliance and Meeting Details

The board meeting commenced at 07:48 P.M. IST and concluded at 08:03 P.M. IST on April 10, 2026. The company confirmed that Mr. Jha is neither interested nor related to any other director and satisfies the independence criteria prescribed under the Companies Act, 2013 and the Listing Regulations. Additionally, he is not debarred from holding the office of Director by virtue of any SEBI order or other authority.

The notification was submitted to BSE Limited and National Stock Exchange of India Limited pursuant to Regulation 30 read with Para A of Part A of Schedule III of SEBI LODR Regulations. Company Secretary & Compliance Officer Jyoti Sachdeva (M. No-A22176) signed the regulatory filing.

The appointments and committee reconstitution demonstrate Innovision Limited's commitment to strengthening its corporate governance framework with experienced independent directors while ensuring compliance with regulatory requirements.