Megri Soft Q1 Results: Net profit rises 48% YoY to ₹19.21 lakh
Megri Soft Limited posted a 48% YoY rise in consolidated net profit to ₹19.21 lakh for Q1FY27, supported by a 47% jump in revenue to ₹104.95 lakh. The Board approved the results and scheduled the 35th AGM for September 2, 2026, including the re-appointment of director Ms. Aprajita Kohli.
*this image is generated using AI for illustrative purposes only.
Megri Soft reported a consolidated net profit of ₹19.21 lakh for the quarter ended June 30, 2026, representing a 48% increase from ₹14.26 lakh in the same period last year. Consolidated revenue from operations surged 47% year-on-year to ₹104.95 lakh, up from ₹71.51 lakh in Q1FY26. Standalone net profit also rose 48% to ₹18.85 lakh, compared to ₹12.71 lakh previously. The results reflect strong top-line growth across its IT/ITES service segment, with no separate reportable segments disclosed under Ind AS-108.
The Board of Directors approved the unaudited standalone and consolidated financial results at its meeting held on August 3, 2026, in Chandigarh. Statutory Auditors Narinder Kumar And Company issued limited review reports on both sets of accounts, confirming compliance with Regulation 33 of the SEBI Listing Regulations and Ind AS 34. The Group’s results include one foreign subsidiary, Megrisoft Limited, incorporated in England and Wales, which contributed ₹28.14 lakh in revenue and ₹0.36 lakh in net profit after tax for the quarter.
Key Financial Metrics
| Metric | Standalone (₹ lakh) | Consolidated (₹ lakh) | YoY Change (Consolidated) |
|---|---|---|---|
| Revenue from Operations | 76.81 | 104.95 | +47% |
| Total Revenue | 77.62 | 105.76 | +46% |
| Total Expenses | 52.15 | 79.75 | +50% |
| Profit Before Tax | 25.47 | 26.01 | +36% |
| Net Profit After Tax | 18.85 | 19.21 | +48% |
| EPS (Basic) | ₹0.60 | ₹0.61 | +36% |
Corporate Actions and AGM Details
The Board convened the 35th Annual General Meeting for September 2, 2026, at 02:30 P.M. (IST), to be conducted via Video Conferencing or Other Audio-Visual Means. The Register of Members will remain closed from August 27, 2026, to September 2, 2026, for determining dividend entitlements and voting rights. Remote e-voting opens on August 29, 2026, at 09:00 A.M. and closes on September 1, 2026, at 05:00 P.M., with eligibility determined as of the cut-off date on August 26, 2026.
Ms. Aprajita Kohli, a Non-Executive Director and Woman Director, retires by rotation and has offered herself for re-appointment, subject to shareholder approval. She is the daughter of Mr. Mohnesh Kohli, another Non-Executive Director. Central Depository Services (India) Limited has been appointed to facilitate remote e-voting, with Mr. Vikas Wasson serving as the Scrutinizer to ensure a fair and transparent process.
Historical Stock Returns for Megri Soft
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.71% | +2.89% | +0.12% | -14.91% | -27.74% | -1.17% |
Will Megri Soft's 47% revenue growth be sustainable in the upcoming quarters, or is it driven by one-off project wins?
How does the company plan to leverage its UK subsidiary, Megrisoft Limited, to expand its international footprint beyond the current modest contribution?
Given the 50% rise in total expenses outpacing revenue growth, what specific cost-control measures or operational efficiencies are management planning to implement?
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