Netripples Software Limited submitted corrected audited cashflows and a limited review report for the quarter ended March 31, 2026, to the BSE and NSE on May 8, 2026.

The filing, approved by the Board of Directors during its meeting held from 10:00 am to 11:45 am, addresses regulatory requirements under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company clarified that its quarterly unaudited financial results and assets and liabilities statement had already been submitted via the BSE Listing Center Dashboard.

Cash Flow Dynamics

The audited cash flow statement for the year ended March 31, 2026, reveals a net decrease in cash and cash equivalents of ₹9.02 lakh. This decline resulted primarily from investing activities, which consumed ₹9.44 lakh, partially offset by modest operating inflows.

Operating activities generated a net cash inflow of ₹0.42 lakh, derived from a profit before tax of ₹2.97 lakh. Adjustments to reconcile profit included depreciation and amortisation expense of ₹4.38 lakh, offset by decreases in inventories (-₹5.54 lakh) and trade receivables (-₹0.7 lakh).

Investing activities saw an outflow of ₹9.44 lakh, driven by the purchase of property, plant and equipment (-₹7.24 lakh) and investment property (-₹4.72 lakh). These expenditures were partially mitigated by proceeds from the sale of property, plant and equipment amounting to ₹2.52 lakh.

The company reported no cash flows from financing activities for the period. Consequently, cash and cash equivalents fell from ₹4.77 lakh at the beginning of the period to a negative balance of -₹4.25 lakh at the end of the year.

Audit and Compliance

BGS and Associates, the statutory auditors, issued their report on May 8, 2026. The auditors confirmed that the standalone financial results give a true and fair view in conformity with applicable accounting standards under Section 133 of the Companies Act, 2013. The audit was conducted in accordance with Standards on Auditing specified under Section 143(10) of the Act.

The report noted that the Q4 results represent the balancing figure between the audited full-year figures and the limited review of year-to-date figures up to the third quarter.

Netripples Software Limited returned to profitability in Q1FY27, reporting a standalone net profit of ₹6.41 lakh for the quarter ended June 30, 2026. This result marks a significant turnaround from the net loss of ₹7.20 lakh recorded in the previous quarter ended March 31, 2026. The company’s revenue from operations decreased to ₹181.86 lakh compared to ₹202.00 lakh in the prior quarter, yet effective cost management allowed the firm to secure a positive bottom line. For the same period last year (Q1FY26), the company had reported a net profit of ₹3.18 lakh on revenue of ₹121.33 lakh.

The Board of Directors approved the unaudited financial results at a meeting held on August 10, 2026. The submission was made pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The statutory auditors, BGS and Associates, issued a limited review report, confirming that the financial statements present a true and fair view and are free from material misstatement.

Financial Performance Breakdown

The company’s total income for the quarter was ₹181.86 lakh, driven entirely by revenue from operations as other income remained nil. Total expenses amounted to ₹175.45 lakh, a decrease from ₹209.20 lakh in the previous quarter. The reduction in expenses outpaced the decline in revenue, enabling the profit recovery.

OnSite expenses constituted the largest component of costs at ₹168.45 lakh, down from ₹201.45 lakh in the previous quarter. Employee benefits expense also saw a slight decline to ₹4.00 lakh from ₹4.25 lakh. Depreciation and amortisation expenses reduced to ₹3.00 lakh from ₹3.50 lakh.

What the Numbers Show

The primary driver of the improved profitability in Q1FY27 was the significant reduction in OnSite expenses, which fell by approximately ₹33 lakh compared to the prior quarter. While revenue also contracted by roughly ₹20 lakh, the sharper decline in operational costs allowed Netripples Software to improve its pre-tax margin. The earnings per share (EPS) rose to ₹0.09 from nil in the previous quarter, reflecting the positive net income against a paid-up equity capital of ₹681.69 lakh.