Landmark Global Learning reported a net loss of ₹730.65 lakh for the financial year ended March 31, 2026, a significant decline from the net profit of ₹1312.61 lakh recorded in the previous year. Revenue from operations for FY26 stood at ₹2097.85 lakh, down from ₹3990.96 lakh in FY25, driven by operational challenges. The Board of Directors approved the audited financial results for the half-year and full year ended March 31, 2026, at a meeting held on May 27, 2026.

Financial Performance

The company's total expenses for FY26 increased to ₹2848.63 lakh from ₹2218.46 lakh in the previous year. Employee benefit expenses rose to ₹1034.06 lakh, while other expenses stood at ₹1675.98 lakh. Finance costs were recorded at ₹9.82 lakh. The basic and diluted earnings per share (EPS) for the year were reported at -3.55, compared to 8.18 in FY25.

Half-Year Results

For the half-year ended March 31, 2026, the company reported a net loss of ₹936.40 lakh on a total revenue of ₹274.54 lakh. In comparison, the half-year ended September 30, 2025, saw a net profit of ₹205.75 lakh on revenue of ₹1823.31 lakh.

Auditor and Compliance

The statutory auditors, M/s Sumit Bharti & Associates, issued an unmodified opinion on the audited financial statements. The Board appointed M/s Vijay Dhingra & Co. as internal auditors and Mr. Sumit Bharti Gupta as tax auditor for FY 2025-26. Simran Bhatia, Company Secretary and Compliance Officer, confirmed the outcome of the board meeting.

Cash Flow and Assets

Cash and cash equivalents decreased to ₹392.01 lakh as of March 31, 2026, from ₹959.23 lakh in the previous year. The company utilized ₹4032.00 lakh raised via an initial public offering (IPO) in January 2025 for general corporate purposes and issue objectives, with unutilized proceeds parked in fixed deposits.

Landmark Global Learning Limited has formally clarified to BSE that it is exempt from submitting the Annual Secretarial Compliance Report for the financial year ended 31st March, 2026. The clarification was issued on 15th April, 2026, addressing the non-applicability of Regulation 24A requirements for the company.

Regulatory Framework and Exemption Basis

Under normal circumstances, Regulation 24A of SEBI (Listing Obligations and Disclosure Requirement) Regulation, 2015, requires every listed entity to submit an Annual Secretarial Compliance Report within 60 days from the end of the financial year. This requirement is further reinforced by SEBI Circular No. CIR/CFD/CMD1/27/2019 dated 8th February, 2019.

However, the company has claimed exemption under Regulation 15(2) of the Listing Regulations, which provides relief to entities listed on SME exchanges. The exemption is supported by specific BSE circulars that clarify the non-applicability of certain compliance requirements for SME-listed companies.

SME Exchange Listing Benefits

The exemption framework for SME-listed entities includes:

• Relief from corporate governance provisions under Regulation 15(2)
• Non-applicability of Annual Secretarial Compliance Report requirements
• Simplified compliance structure for smaller enterprises
• Reduced regulatory burden for SME exchange participants

Regulatory Citations

Company Background

Landmark Global Learning Limited, formerly known as Landmark Immigration Consultants Limited, operates with CIN L74140CH2010PLC032494. The company's registered office is located at SCO-95 97 2nd Floor, Sector 17 D, Chandigarh, India, 160017. The clarification was signed by Company Secretary and Compliance Officer Simran Bhatia.

Compliance Status

The company has confirmed that due to its SME exchange listing status, it remains exempt from submitting the Annual Secretarial Compliance Report for FY26. This exemption aligns with the regulatory framework designed to support smaller enterprises by reducing compliance complexities while maintaining essential market oversight mechanisms.