Tacent Projects Limited reported a net profit of ₹4.22 lakh for the quarter ended June 30, 2026 (Q1FY27), reversing the ₹1.46 lakh loss posted in the same quarter of the previous fiscal year. The company’s revenue from operations surged to ₹341.80 lakh, compared to nil in Q1FY26 and ₹10.25 lakh in the preceding quarter. This operational activity marks a return to profitability for the Delhi-based firm, which has maintained a paid-up equity share capital of ₹351.23 lakh.

The Board of Directors, chaired by Somali Trivedi, approved the unaudited standalone financial results on August 6, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The results were reviewed by the Audit Committee and subsequently approved by the Board. V S S A & Associates, the statutory auditors, conducted a limited review of the financial statements under Standard on Review Engagements (SRE) 2410 and issued an unmodified opinion. The financials were prepared in accordance with Indian Accounting Standard 34 (Ind AS 34).

Financial Performance Overview

The company’s total income for the quarter stood at ₹348.30 lakh, comprising ₹341.80 lakh from operations and ₹6.50 lakh from other income. Total expenses amounted to ₹343.49 lakh. Purchases of stock-in-trade accounted for the bulk of expenditure at ₹341.76 lakh. Other expenses decreased to ₹1.28 lakh from ₹3.26 lakh in the previous quarter. Employee benefit expenses remained stable at ₹0.45 lakh. The company incurred a current tax expense of ₹0.59 lakh.

What the Numbers Show

The primary driver of the quarterly performance was the initiation of trading activities, evidenced by the ₹341.76 lakh in purchases of stock-in-trade against nil figures in the prior year. This operational restart directly contributed to the reversal of losses. While revenue grew significantly quarter-on-quarter from ₹10.25 lakh, the net profit declined from ₹6.50 lakh in Q4FY26 due to higher operating costs associated with the new inventory purchases. The earnings per share (EPS) improved to ₹0.12 from a negative ₹0.04 in the same quarter last year, reflecting the restored profitability trajectory.

The company disclosed no outstanding defaults on loans or debt securities. As the business operates within a single segment, segment reporting was not applicable. The financial results are available on the company’s website and the BSE Limited portal.

Tacent Projects Limited expanded its capital structure and initiated fundraising measures during a Board meeting held on July 31, 2026. The Board approved an increase in authorized share capital from ₹10,00,00,000 to ₹22,00,00,000 and granted in-principle approval for a preferential issue of up to 34,00,000 equity shares and 1,15,87,750 fully convertible warrants. Additionally, the company appointed Neeraj Chaudhary as an Additional Director (Executive) to lead strategic initiatives, with final terms for the fundraising to be finalized after valuation reports are received.

The Board meeting, which commenced at 03:00 P.M. and concluded at 04:45 P.M., was convened pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The decisions were disclosed in compliance with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. All proposals require ratification by shareholders at the ensuing 33rd Annual General Meeting.

Capital Restructuring Details

The increase in authorized share capital involves the creation of 1,20,00,000 additional equity shares of ₹10/- each. This brings the total equity shares to 2,00,00,000, alongside 2,00,000 preference shares of ₹100/- each. The new shares will rank pari passu with existing equity shares. Consequently, the Board approved alterations to Clause V (Capital Clause) of the Memorandum of Association.

Fundraising Proposals

The Board accorded in-principle approval for two distinct fundraising instruments under Chapter V of the SEBI ICDR Regulations:

• Preferential Issue of Equity Shares: Up to 34,00,000 equity shares to identified allottees.
• Preferential Issue of Fully Convertible Warrants: Up to 1,15,87,750 warrants, each convertible into one equity share.

Key terms including issue price, relevant date, pricing methodology, identity of allottees, and objects of the issue remain pending. These details will be finalized at a subsequent Board meeting scheduled for August 11, 2026, following the receipt of a valuation report from a Registered Valuer. To facilitate this process, the Board appointed Mr. Subodh Kumar (Registration No. IBBI/RV/05/2019/11705) as the Registered Valuer under Section 247 of the Companies Act, 2013. A separate bank account will be opened with a Scheduled Commercial Bank to receive application money.

Leadership Appointment

Neeraj Chaudhary (DIN: 03510795) was appointed as an Additional Director in the category of Executive, effective July 31, 2026. His appointment is subject to regularization by members at the 33rd Annual General Meeting. Chaudhary is a BBA graduate with experience in sales leadership, business growth, and strategic relationship management. He holds no securities in the company at the time of appointment and is not related to any existing directors or Key Managerial Personnel. His remuneration will be mutually decided between the Board and the Director.