takyon networks has secured a work order worth Rs 60.50 lakh from Hindustan Aeronautics Limited for a Comprehensive Annual Maintenance Contract. The contract is valid for 24 months from the date of acceptance of the order. This order was intimated to the exchanges under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The work order was awarded by Hindustan Aeronautics Limited, Kanpur, a domestic entity. The scope of work involves executing tasks as per the defined scope of work and the GEM contract. The company confirmed that the promoter group or group companies do not hold any interest in the entity awarding the order.

The disclosure further clarified that the transaction does not fall under related party transactions. The Managing Director, Manish Kumar Sharma, signed the intimation submitted to BSE Limited on June 1, 2026.

Key Details of the Contract

Takyon Networks Ltd has announced its audited financial results for the year ended March 31, 2026. The Board of Directors approved the standalone and consolidated financial results at a meeting held on May 20, 2026. The company reported a consolidated net profit of ₹365.42 lakh for the financial year 2025-26, a decrease from ₹695.75 lakh in the previous year. Consolidated revenue from operations stood at ₹7,105.25 lakh for the year, compared to ₹10,312.07 lakh in FY25. On a standalone basis, the company reported a net profit of ₹306.59 lakh on revenue of ₹7,043.71 lakh.

Financial Performance

The company's total income for FY26 was ₹7,279.60 lakh on a consolidated basis, down from ₹10,347.70 lakh in the previous year. Total expenses for the period were ₹6,570.24 lakh, lower than ₹9,651.95 lakh in FY25. The consolidated basic earnings per share (EPS) for the year were ₹3.29, compared to ₹5.22 in the prior year. For the half year ended March 31, 2026, the company reported a net profit of ₹43.59 lakh.

H2 FY26 Performance

The second half of the fiscal year faced significant headwinds, including component price escalation of 40%–300% and supply chain disruptions with lead times extending to 9–52 weeks. Consequently, H2 revenue stood at ₹2,896.95 lakh, with a net profit of ₹43.59 lakh. Management noted that projects worth approximately ₹30 crore in Bihar could not be executed due to material unavailability and project economics challenges. Despite these challenges, the company maintained a robust order book of ₹32 crore.

Balance Sheet and Fund Utilization

The company confirmed that the proceeds from its IPO, totaling ₹2,047.68 lakh, were fully utilized as of March 31, 2026. The funds were allocated towards working capital, repayment of borrowings, and general corporate purposes. The statutory auditors, M/s. ADV & Associates, issued an audit report with an unmodified opinion on the financial results. The trading window closure, which was effective from April 1, 2026, will remain closed until 48 hours after the public announcement of the results.

Consolidated Financial Highlights