Sofcom Systems reported a widened net loss for the first quarter of FY26, driven by a sharp decline in revenue from operations and persistent operating expenses. The company’s Board of Directors, chaired by Managing Director Tanvi Jay Rupawala, approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, during a meeting held on August 11, 2026. The filing was submitted to BSE Limited in compliance with Regulation 30 and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Consolidated revenue from operations stood at ₹3.77 lakh, a significant drop from ₹40.25 lakh in the preceding quarter (Q4FY25). There was no revenue recorded in the same quarter last year (Q1FY25). Total consolidated expenses amounted to ₹9.62 lakh, primarily comprising employee benefit expenses of ₹4.49 lakh and other expenses of ₹4.96 lakh. Consequently, the group reported a consolidated net loss of ₹5.85 lakh for the period, compared to a net loss of ₹2.72 lakh in Q1FY25. Standalone figures mirrored this trend, with revenue at ₹3.77 lakh and a net loss of ₹5.75 lakh.

Financial Performance Highlights

The following table outlines the key financial metrics for Sofcom Systems Limited for Q1FY26 compared to previous periods:

Note: Figures are based on Consolidated Results unless specified.

Audit and Compliance

P M S H P S & Co., Chartered Accountants, served as the statutory auditors for the company. Partner CA Hardik P. Shah conducted a limited review of the financial statements in accordance with Standard on Review Engagements (SRE) 2410. The auditors expressed an unmodified opinion, stating that nothing came to their attention to suggest that the financial results did not disclose the information required under Regulation 33 of the SEBI Listing Regulations or contained any material misstatement. The review provided moderate assurance rather than an audit opinion.

What the Numbers Show

The divergence between the substantial revenue in Q4FY25 (₹40.25 lakh) and the minimal revenue in Q1FY26 (₹3.77 lakh) highlights a volatile operational trajectory. Despite the near-total absence of revenue, fixed costs such as employee benefits (₹4.49 lakh) and other expenses (₹4.96 lakh) remained relatively stable compared to the prior year’s Q1 (₹0.60 lakh and ₹4.38 lakh respectively). This cost structure rigidity suggests that the company is bearing operational overheads without corresponding income generation in the current quarter, leading to an expanded loss position. The paid-up equity share capital remained unchanged at ₹2,420.41 lakh.

Sofcom Systems Limited has filed its audited financial results for the quarter and year ended March 31, 2026, with the stock exchanges. The company reported a net profit of ₹7.08 lakh for the quarter ended March 31, 2026, on a standalone basis. This marks a recovery from the net loss of ₹2.09 lakh reported in the quarter ended December 31, 2025.

Revenue from operations for the quarter stood at ₹19.25 lakh, remaining consistent with the revenue reported in the previous quarter. On a consolidated basis, the company reported a net profit of ₹17.00 lakh for the quarter ended March 31, 2026, with revenue from operations at ₹40.25 lakh.

For the financial year ended March 31, 2026, the standalone net profit was recorded at ₹3.96 lakh, a decrease from the ₹77.40 lakh reported in the previous year. Revenue from operations for the year was ₹19.25 lakh, compared to ₹801.60 lakh in the previous year. The paid-up equity share capital remained constant at ₹2420.41 lakh during the period.

The consolidated financial results for the year ended March 31, 2026, showed a net profit of ₹55.47 lakh, down from ₹77.80 lakh in the previous year. Consolidated revenue from operations for the year was ₹101.38 lakh, compared to ₹828.21 lakh in the previous year.

Financial Performance Summary

The following table outlines the key financial metrics for Sofcom Systems Limited for the quarter and year ended March 31, 2026:

The company's board approved the audited financial results at a meeting held on May 19, 2026. The results were reviewed by the audit committee and approved by the board.