Panabyte Technologies reported a net profit of ₹12.13 lakh for the financial year ended March 31, 2026, compared to a net profit of ₹9.15 lakh in the previous year. The company’s revenue from operations for the year rose to ₹875.12 lakh from ₹832.79 lakh in FY25. For the quarter ended March 31, 2026, the company recorded a net loss of ₹13.09 lakh, while revenue stood at ₹225.25 lakh. The audited financial results were published in newspapers on May 28, 2026, pursuant to Regulation 30 and 47 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015.

The Board of Directors approved the audited standalone financial results for the quarter and year ended March 31, 2026, at a meeting held on May 26, 2026. The statutory auditors, M/s. KPB & Associates, issued an audit report with an unmodified opinion on these results. The certification confirmed that the financial results do not contain any material misstatements.

Financial Performance

The company’s total income for FY26 increased to ₹902.93 lakh from ₹859.08 lakh in the prior year. Total expenses for the year were ₹872.17 lakh, up from ₹846.28 lakh in FY25. The profit before tax for the year was ₹20.91 lakh, compared to ₹12.80 lakh in the previous year.

For the quarter ended March 31, 2026, total income was ₹232.37 lakh against total expenses of ₹238.89 lakh, resulting in a loss before tax of ₹16.36 lakh. The exceptional items for the quarter included a loss of ₹9.84 lakh, representing a one-time recognition of past service cost relating to gratuity liability based on actuarial valuation due to the new Labour Codes.

Board Appointments

The Board appointed M/s. D. M. Zaveri & Co., Company Secretaries, as the Secretarial Auditor for the financial year 2026-27. Additionally, M/s. Sanket Sangoi & Associates, Chartered Accountants, were appointed as the Internal Auditor for FY27. These appointments were made in compliance with Regulation 30 of the SEBI Listing Regulations and relevant SEBI circulars.

Disclosures

The company disclosed that 1,00,000 equity share warrants lapsed during the quarter ended December 31, 2025, due to non-receipt of the balance subscription amount. The amount of ₹4,95,000 received against these warrants was forfeited and transferred to retained earnings within equity. Furthermore, the Income Tax Department completed an assessment for AY 2019-20, raising a total demand of ₹11,89,700, against which the company has preferred an appeal before the CIT(A).

Panabyte Technologies Limited has appointed M/s. D. M. Zaveri & Co. as its Secretarial Auditor and M/s. Sanket Sangoi & Associates as its Internal Auditor for the financial year 2026-27. The Board of Directors approved these appointments at its meeting held on May 26, 2026, following the recommendations of the Audit Committee of Directors. These appointments ensure compliance with Section 204 and Section 138 of the Companies Act, 2013, respectively.

Secretarial Auditor Appointment

The Board appointed M/s. D. M. Zaveri & Co., Company Secretaries, to audit the secretarial records of the company for Financial Year 2026-27. The firm will render its report in the manner prescribed under the relevant regulations. Mr. Dharmesh Zaveri, a qualified Company Secretary since 2000, is the proprietor of the firm. He brings extensive experience, having served as a secretarial auditor for numerous listed companies and acted as a scrutinizer for postal ballot processes.

Internal Auditor Appointment

The company also appointed M/s. Sanket Sangoi & Associates, Chartered Accountants, as its Internal Auditor for the same period. Mr. Sanket K. Sangoi, a fellow member of the Institute of Chartered Accountants of India since 2012, is the partner appointed to the role. The firm, operating with FRN 137348W since 2013, specializes in statutory audits, internal audits, tax audits, and direct and indirect tax compliances.

The disclosures regarding these appointments were made to BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed there are no specific relationships between the appointed auditors and its directors that require disclosure.