Madala Holdings Limited reported a net profit of ₹343.13 lakh for the quarter ended June 30, 2026, marking a turnaround from a loss of ₹721.08 lakh in the preceding quarter. Compared to the same period last year, profits rose 12% from ₹443.96 lakh. Revenue from operations grew 14% year-on-year to ₹386.03 lakh, up from ₹338.83 lakh in Q1FY26.

The company’s total income stood at ₹888.01 lakh, driven largely by other income which swung to a gain of ₹501.98 lakh from a loss of ₹814.98 lakh in Q4FY26. This positive contribution offset a sharp increase in depreciation and amortisation expenses, which rose to ₹373.33 lakh from ₹41.20 lakh in the previous quarter.

Financial Highlights

Earnings per share (EPS) came in at ₹2.32, compared to a loss of ₹4.88 per share in the previous quarter and ₹3.01 in Q1FY26. Employee benefits expense decreased slightly to ₹26.53 lakh from ₹31.55 lakh in Q4FY26.

What the Numbers Show

The financial performance was significantly influenced by non-operating items. Other income constituted approximately 56% of total income for the quarter, while depreciation and amortisation accounted for nearly 70% of total expenses. The spike in depreciation is attributed to a prospective revision in the estimated remaining useful life of certain buildings proposed for demolition as part of a redevelopment plan. This accounting change, rather than operational volume shifts, primarily drove the expense structure.

Corporate Actions

The Board of Directors approved the unaudited financial results and the Board’s Report for FY26 during a meeting held on August 14, 2026. The company has scheduled its 36th Annual General Meeting (AGM) for September 30, 2026, to be held via video conferencing or other audio-visual means.

The Register of Members and Share Transfer Books will remain closed from September 24, 2026, to September 30, 2026, inclusive. M/s. B S S & Associates have been appointed as the Scrutinizer for the AGM, with KFin Technologies Limited providing e-voting and video conferencing facilities. Statutory auditors Pavuluri & Co issued an unmodified conclusion on the limited review of the interim financial results.

Madala Holdings Limited reported a net loss of ₹721.08 lakh for the quarter ended March 31, 2026, a significant shift from the profit recorded in the corresponding period of the previous year. The company's total income from operations for the quarter was ₹358.66 lakh. For the financial year ended March 31, 2026, the company reported a net profit of ₹270.56 lakh on a total income of ₹1,376.59 lakh.

The Board of Directors approved the audited financial results at a meeting held on May 30, 2026. The statutory auditors have expressed an unmodified opinion on the final results. The financials for the previous year have been restated to reflect the effect of a demerger.

Demerger Impact

The Board had previously approved a Scheme of Arrangement under Sections 230 to 232 of the Companies Act, 2013, to demerge the IT/ITES business into its wholly owned subsidiary, Covance Softsol Limited. Pursuant to necessary statutory approvals, the demerger became effective on September 26, 2024, with the Appointed Date being April 1, 2023.

Financial Performance

The company's earnings per share (EPS) for the quarter ended March 31, 2026, was reported at (₹4.88), compared to ₹1.43 in the same period last year. For the full year, the EPS stood at ₹1.83, down from ₹5.85 in the prior year.

The detailed financial results are available on the BSE website and the company's website.