Quicktouch Technologies reports FY26 net loss of ₹948.68 lakh
Quicktouch Technologies Limited reported a consolidated net loss of ₹948.68 lakh for FY26 against a profit of ₹567.60 lakh in FY25, with revenue dropping significantly. The Board approved audited results with an unmodified opinion, while noting a ₹35 crore forfeiture of share warrants and the rejection of its Payment Aggregator application by the RBI.
*this image is generated using AI for illustrative purposes only.
Quicktouch Technologies Limited reported a consolidated net loss of ₹948.68 lakh for the financial year ended March 31, 2026, a reversal from the net profit of ₹567.60 lakh recorded in the previous year. The company’s Board of Directors approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, during a meeting held on May 27, 2026. Statutory auditors M/s K A R M A & Co. LLP issued an unmodified opinion on the results, though they noted a forfeiture of ₹35.00 crore for share warrants due to non-receipt of timely payment from warrant holders.
The consolidated total income for FY26 stood at ₹2,628.85 lakh, a significant decline from ₹9,488.62 lakh in the previous year. Total expenses for the period were reported at ₹3,742.04 lakh. On a standalone basis, the company reported a net loss of ₹500.11 lakh for FY26, compared to a net profit of ₹556.88 lakh in FY25. Revenue from operations dropped to ₹44.45 lakh from ₹8,830.30 lakh in the prior year.
Operational and Regulatory Developments
During the year under review, the company received communication from the Reserve Bank of India on March 11, 2026, regarding the rejection of its Payment Aggregator application. In response, the company filed an appeal before the Ministry of Finance, Department of Financial Services, Government of India, on April 10, 2026, against the said order. The Board also took note of the resignation of Ms. Preeti Sharma from the position of Company Secretary & Compliance Officer, effective from the close of business hours on May 27, 2026.
Financial Performance Overview
The following table summarizes the key financial metrics for the standalone and consolidated results for the year ended March 31, 2026:
| Metric | Standalone FY26 (Amount in ₹ Lakh) | Standalone FY25 (Amount in ₹ Lakh) | Consolidated FY26 (Amount in ₹ Lakh) | Consolidated FY25 (Amount in ₹ Lakh) |
|---|---|---|---|---|
| Total Income | 442.02 | 9,091.20 | 2,628.85 | 9,488.62 |
| Total Expenses | 1,097.09 | 8,291.32 | 3,742.04 | 8,804.05 |
| Net Profit/(Loss) for the period | (500.11) | 556.88 | (948.68) | 567.60 |
| Basic EPS (₹) | (3.92) | 0.47 | (7.44) | 4.80 |
Capital Structure and Cash Flows
The company issued 10,00,000 equity shares of face value ₹10 each pursuant to the conversion of share warrants into equity shares at a price of ₹196.17 per share, including a premium of ₹186.17 per share. Consequently, the paid-up equity share capital increased. Members approved the re-appropriation of unutilized preferential issue proceeds amounting to ₹12.31 crore towards working capital requirements. The consolidated cash and cash equivalents as of March 31, 2026, were reported at ₹2,579.18 lakh, up from ₹485.60 lakh in the previous year.
Historical Stock Returns for Quicktouch Technologies
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.65% | +4.42% | -2.16% | -3.04% | -60.94% | -80.72% |
What is the expected timeline and likelihood of success for Quicktouch's appeal against the RBI's rejection of its Payment Aggregator application?
How does the company plan to stabilize revenue streams and restore profitability following the drastic drop in consolidated total income?
What strategic operational shifts will Quicktouch implement to mitigate the impact of the failed Payment Aggregator license on future business growth?
15
Create Custom Screeners 
Access 200+ Pre-built Filters 
Use 50+ Readymade Screener 
