Omni Axs Software reported a net loss of ₹6.49 lakh for the quarter ended June 30, 2026, marking a significant deterioration from the ₹1.81 lakh loss posted in the corresponding quarter of FY26. The Chennai-based IT services firm also recorded zero revenue for the period, a sharp decline from the ₹4.30 lakh income generated in Q1FY26.

The results were approved by the Board of Directors in a meeting held on August 14, 2026, following review by the audit committee. The company operates within a single segment focused on consulting services and related activities.

Financial Performance

The standalone financial results highlight a complete absence of operational income during the quarter, coupled with an expansion in losses.

Equity share capital remained stable at ₹1,721.88 lakh. Reserves stood at nil for the current quarter, whereas the year-ended March 31, 2026, showed reserves of (₹575.04 lakh). Basic earnings per share fell to (₹0.04), compared to ₹0.01 in the previous year's quarter.

What the Numbers Show

The divergence between zero revenue and a widened net loss indicates that fixed operating costs continued to accrue despite the lack of business activity. With total income dropping to nil from ₹4.30 lakh YoY, the entire loss figure represents operational expenses not offset by any inflow, highlighting a period of dormancy or transition in revenue generation for the consulting segment.

Omni Axs Software has appointed Mrs. Nikita Hardik Parekh as Managing Director for a term of five years, effective July 03, 2026, subject to the approval of shareholders. The Board of Directors approved the appointment during a meeting held on Friday, 03.07.2026. The decision aims to strengthen the company's leadership with a seasoned professional experienced in management, strategy, and decision-making.

In addition to the role of Managing Director, the Board approved the appointment of Mrs. Nikita Hardik Parekh as an Additional Director, also subject to member approval in the general meeting. The company confirmed that she is not debarred from holding the office of Director by any order of the Securities and Exchange Board of India (SEBI) or any other authority. These appointments were made in accordance with Regulation 30 of the Listing Regulations and the relevant SEBI Master Circular.

Mrs. Nikita Hardik Parekh brings extensive experience in administration and marketing to the role. Her profile highlights strong expertise in business operations, administrative management, and marketing strategies. The company noted her ability to assess and execute strategies, along with her legal and financial expertise, which will aid in leading cross-functional teams and enhancing operational efficiency.

The Board meeting commenced at 03:00 P.M. (IST) and concluded at 5:00 P.M. (IST). The disclosures regarding the appointment confirm that Mrs. Nikita Hardik Parekh is not related to any of the existing Directors or Key Managerial Personnel of the company.