Netripples Software Limited held its 32nd Annual General Meeting on September 30, 2026, at its registered office in Hyderabad. The meeting approved the audited financial statements for the fiscal year ended March 31, 2026, and re-appointed M/s BGS and Associates as statutory auditors.

The company reported revenue from operations of ₹7.17 crore for FY26, up from ₹6.26 crore in FY25. Net profit after tax stood at ₹2.72 lakh, compared to ₹2.10 lakh in the previous year. The Board highlighted the company’s continued zero-debt status and reserves crossing ₹3 crore.

Key resolutions passed

All agenda items were approved by members with the requisite majority. The voting results showed unanimous support from both promoter and public shareholders present.

Financial highlights for FY26

The company disclosed key financial metrics during the proceedings, emphasizing fiscal discipline and operational continuity.

• Revenue from Operations: ₹7.17 crore (FY25: ₹6.26 crore)
• Net Profit After Tax: ₹2.72 lakh (FY25: ₹2.10 lakh)
• Reserves & Surplus: ₹3.12 crore
• Debt Status: Zero-debt company

What the Numbers Show

While revenue grew significantly to ₹7.17 crore, the net profit margin remains thin at approximately 0.4%. This divergence suggests that despite top-line expansion, operational costs or other expenses absorbed the majority of the incremental revenue, resulting in a modest absolute profit increase of ₹0.62 lakh.

Netripples Software Limited reported a 29% year-on-year increase in net profit to ₹2,72,211 for FY26, driven by a 14% revenue growth to ₹7.18 crore. The Hyderabad-based IT services firm remains debt-free with reserves crossing ₹3 crore.

The company’s total income rose from ₹6.27 crore in FY25 to ₹7.18 crore in FY26. This growth occurred despite management citing challenges from the "onslaught of Artificial Intelligence" disrupting traditional business models. The Board highlighted sustained business continuity through long-term client relationships and expansion into healthcare e-commerce.

Financial Performance

Revenue from operations grew by ₹90.68 lakh compared to the previous fiscal year. While top-line growth was steady, other expenses increased significantly, rising from ₹6.65 crore in FY25 to ₹7.57 crore in FY26. Employee benefits expense also saw a modest increase to ₹13.14 lakh.

What the Numbers Show

Operating cash flow turned negative at -₹6.71 lakh in FY26, a sharp reversal from the positive ₹2.32 lakh generated in FY25. This deterioration coincided with an increase in inventory holdings, which rose by ₹55,419 during the year. The cash burn resulted in cash and cash equivalents dropping sharply from ₹4.77 lakh to just ₹46,001 as of March 31, 2026.

Corporate Governance & Outlook

Netripples’ shares remain under temporary suspension on the Bombay Stock Exchange. The Directors' Report identifies the revocation of this trading suspension as the foremost strategic priority for the coming year. The company has taken corrective measures to ensure timely submission of results in revised SEBI formats.

The firm continues to diversify beyond traditional IT services, maintaining an active e-commerce portfolio of over 75 healthcare packaged products for the SME segment. No dividend was declared for the year, and earnings per share stood at ₹0.04.