Praruh Technologies has appointed Mr. Rahul Sharma as its Chief Executive Officer (CEO) and Mr. Amar Deep Sharma as its Chief Technical Officer (CTO) effective May 29, 2026. The Board of Directors approved the appointments during a meeting held on Friday, aiming to strengthen the company's leadership and drive long-term strategic objectives. These leadership changes are intended to improve operational efficiency, enhance client relationships, and bolster technological capabilities.

The Board stated that Mr. Rahul Sharma's guidance will be instrumental in achieving business goals and exploring new growth opportunities. He brings over 16 years of experience in IT sales and holds an MBA in Marketing. Meanwhile, Mr. Amar Deep Sharma's appointment is expected to significantly contribute to the company's technological strength and overall business growth, leveraging his 18 years of experience in the IT industry and his technical qualifications including a BE in Electronics & Telecom.

Appointment Details

The following table outlines the key details regarding the new appointments:

Regulatory Disclosures

The company confirmed that neither Mr. Rahul Sharma nor Mr. Amar Deep Sharma is debarred from accessing the capital markets or restrained from holding the position of director in any listed entity by the Securities and Exchange Board of India or any other authority. Additionally, the appointees are not related to each other. The disclosures were made in compliance with Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, and the relevant SEBI Master Circular.

Praruh Technologies reported a 40.3% rise in net profit to ₹940.67 lakh for the financial year ended March 31, 2026, compared to ₹670.52 lakh in the previous year. Revenue from operations surged 63.4% to ₹10,110.89 lakh from ₹6,188.60 lakh in FY25, driven by strong operational performance. 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.

Financial Performance

The company’s total income for FY26 stood at ₹10,160.84 lakh, a significant increase from ₹6,265.05 lakh in the prior year. Profit before tax for the year rose to ₹1,242.51 lakh from ₹912.68 lakh in FY25. For the half-year ended March 31, 2026, net profit increased to ₹842.39 lakh from ₹446.89 lakh in the corresponding period of the previous year, while revenue from operations for the half-year reached ₹8,350.67 lakh.

Capital Allocation and IPO Proceeds

During the year, the company completed its IPO, issuing 37,30,000 equity shares with a face value of ₹10 each at a price of ₹63 per share, aggregating to ₹2,349.90 lakh. The shares were listed on the SME Platform of BSE Limited on October 01, 2025. As of March 31, 2026, the company had utilized ₹1,849.88 lakh of the net proceeds, while the unutilized amount of ₹500.02 lakh was temporarily invested in fixed deposits with scheduled banks.

Auditor's Opinion and Compliance

Statutory auditors STRG & Associates issued an unmodified opinion on the standalone financial results. The company confirmed that there was no deviation or variation in the utilization of funds raised through the public issue. The board also reviewed the statement on deviation or variation in utilization of funds under Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.