Mobilise App Lab Limited reported a 16% increase in net profit to ₹559.22 lakh for the financial year ended March 31, 2026, driven by higher revenue from operations. The company's board approved the audited standalone financial results for the year and half-year ended March 31, 2026, in a meeting held on May 29, 2026. The statutory auditor, M/s. Ankit Vijay & Company, issued an unmodified opinion on the results. These financial results were published in the English newspaper "Financial Express" and Hindi newspaper "Jansatta" on May 31, 2026, pursuant to Regulation 47 read with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Revenue from operations rose 13.9% to ₹1,842.97 lakh from ₹1,618.00 lakh in the previous year. Total income for FY26 stood at ₹1,881.01 lakh, compared to ₹1,622.06 lakh in FY25. The company reported a basic and diluted earnings per share (EPS) of ₹9.63 for the year, down from ₹269.00 in the prior year. Total expenses increased to ₹1,155.82 lakh from ₹971.78 lakh in the corresponding period last year.

Financial Performance

The company's profit before tax for the year increased to ₹725.19 lakh from ₹650.28 lakh in FY25. Tax expenses for the year amounted to ₹193.91 lakh, comprising current tax of ₹100.04 lakh and a deferred tax adjustment of ₹(1.27) lakh. For the half-year ended March 31, 2026, the company reported a profit of ₹288.50 lakh on a total income of ₹1,020.42 lakh.

Balance Sheet and Cash Flows

The company's net assets strengthened significantly, with shareholder funds growing to ₹2,978.54 lakh as of March 31, 2026, up from ₹715.23 lakh a year ago. This increase was primarily driven by a rise in share capital to ₹951.20 lakh and reserves and surplus to ₹2,027.34 lakh. Cash and cash equivalents surged to ₹1,938.07 lakh from ₹306.30 lakh, reflecting a robust cash generation from operations.

Net cash generated from operating activities for FY26 was ₹1,978.96 lakh, compared to ₹568.07 lakh in the previous year. The company utilized ₹595.79 lakh in investing activities, mainly towards the purchase of intangible assets, while net cash used in financing activities was ₹248.59 lakh.

Mobilise App Lab announced on May 16, 2026, that its Board of Directors approved several key appointments during a meeting held the same day. The decisions include the appointment of a new Company Secretary and Compliance Officer, as well as the selection of internal and secretarial auditors for the upcoming financial year.

Appointment of Company Secretary

The Board appointed Ms. Sakshi Chandna as the Company Secretary and Compliance Officer (Key Managerial Personnel) of the company. Her appointment is effective from May 16, 2026, pursuant to Section 203 of the Companies Act, 2013 and Regulation 6(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Ms. Chandna is an Associate Member of the Institute of Company Secretaries of India (Membership No. A69450) and holds a Master's degree in Commerce. She brings over four years of experience in corporate laws, securities regulations, and FEMA Regulations, having previously worked with various listed entities.

Appointment of Internal Auditor

Mobilise App Lab Limited has appointed M/s. Vijay Keshav and Company, Chartered Accountants (FRN: 018369N), as its Internal Auditor for the financial year 2026-27. The firm, established on September 13, 2002, specializes in audit, assurance, internal audit, and advisory services. The firm's methodology focuses on building a robust internal audit framework through process reviews, controls evaluation, and compliance monitoring.

Appointment of Secretarial Auditor

The Board also approved the appointment of M/s. Pragnya Pradhan and Associates, Practicing Company Secretary (CP No.: 12030), as the Secretarial Auditor for the financial year 2026-27. Founded by Mrs. Pragnya Parimita Pradhan, the firm possesses over a decade of experience in secretarial audit, business advisory, fund raising, mergers, and corporate restructuring.

The Board meeting commenced at 04:00 P.M. and concluded at 05:30 P.M. on May 16, 2026.