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.

Madala Holdings Limited has re-appointed M/s. Balarami & Nagarjuna, Chartered Accountants, as its Internal Auditors for the financial year 2026-2027. The decision was taken by the Board of Directors at its meeting held on May 30, 2026. The re-appointment is effective from April 1, 2026, to March 31, 2027. The firm brings over two decades of experience, offering services including statutory and internal audits, bank audits, and GST compliance.

The approval was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company provided detailed disclosures regarding the appointment in an annexure, confirming there are no relationships between the auditors and the directors that require disclosure. The meeting commenced at 10:00 A.M. and concluded at 2:40 P.M. IST.

Auditor Details

The information has been submitted to BSE Limited and will be available on the company's website. Madala Holdings, formerly known as SoftSol India Limited, operates in the infrastructure business segment following a corporate demerger in 2024.