Integrated Capital Services Limited reported a consolidated net loss of ₹74.41 lakh for the quarter ended March 31, 2026. The company recorded a total income from operations of ₹25.14 lakh for the same period, compared to ₹27.08 lakh in the corresponding quarter of the previous year. For the full financial year ended March 31, 2026, the company reported a net loss of ₹77.45 lakh on a total income of ₹135.28 lakh.

The Board of Directors approved the audited consolidated financial results at its meeting held on May 30, 2026. The Audit Committee had previously reviewed these results. The Statutory Auditors conducted the audit in accordance with Regulation 33 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, and issued an unmodified opinion on the standalone financial results.

Consolidated Financial Performance

The financial results include an exceptional item of ₹47.28 lakh, representing a charge of accumulated depreciation accounted for on the sale of fixed assets by its wholly owned subsidiary, Green Infra Profiles Pvt. Ltd. Additionally, a deferred tax asset of ₹89.87 lakh decreased due to a reduction in the income tax rate. The preference shareholders have waived their right to receive dividend and deferred the redemption of preference shares, leading to their reclassification as long-term borrowings.

Standalone Results

On a standalone basis, the company reported a net loss of ₹63.18 lakh for the quarter ended March 31, 2026, with a total income from operations of ₹31.35 lakh. For the full year, the standalone net loss was ₹81.26 lakh on a total income of ₹59.67 lakh. The company's operations fall under the reportable segment of "providing consultancy and advisory services," specifically focusing on insolvency and bankruptcy matters.

Integrated Capital Services Limited has announced the appointment of Mr. Ashish Sanwal as its Chief Financial Officer (CFO) and Key Managerial Personnel. The appointment is effective from May 13, 2026, following a resolution passed by the Board of Directors in its meeting held on May 12, 2026.

Prior to this elevation, Mr. Sanwal served as the Manager-Internal Audit at the company. He tendered his resignation from the internal audit role effective May 12, 2026. The decision to step down from the audit function was driven by the need to maintain independence and adhere to good corporate governance principles, given his new executive responsibilities.

Appointment Details

As CFO, Mr. Sanwal will be responsible for managing the financial affairs of Integrated Capital Services Limited , its subsidiaries, and associate companies. His remuneration is fixed at ₹55,000 per month, subject to the company's rules and potential bifurcation by the Board. The appointment letter outlines that he will report directly to the Board of Directors and operate from the company's registered office in New Delhi.

The role entails ensuring timely compliance with various statutory laws, including the Companies Act, 2013, SEBI regulations, FEMA, GST, and income tax norms. Mr. Sanwal will also be tasked with dealing with regulatory authorities and managing financial reporting for the company and its affiliates.

Key Events Timeline

The company has attached the necessary disclosures, including the resignation letter and the appointment letter, in compliance with SEBI regulations. Vartika Jain, Company Secretary & Compliance Officer, signed the intimation to the stock exchanges on May 24, 2026.