Response Informatics Limited , a technology company, has taken a significant step towards international expansion. The company's Board of Directors has approved the acquisition of four companies - two in the United States and two in the United Kingdom - along with initiating due diligence processes.

Key Decisions

The board meeting, held on October 30, 2025, from 2:00 PM to 3:30 PM, resulted in two major decisions:

1. Approval of the acquisition of four companies
2. Approval of fund-raising activities for these potential acquisitions

Acquisition Details

Next Steps

Response Informatics plans to initiate due diligence processes for these potential acquisitions. This step is crucial in assessing the financial, legal, and operational aspects of the target companies before finalizing the acquisitions.

Financial Implications

While specific financial details have not been disclosed, the board's approval for fund-raising activities suggests that Response Informatics is preparing to secure the necessary capital for these acquisitions. The method and scale of the fund-raising remain to be seen.

Market Impact

These decisions by Response Informatics indicate a strategic move towards international expansion. The acquisition of companies in major markets like the US and UK could potentially enhance the company's global presence and service offerings.

Investors and stakeholders will likely be watching closely as Response Informatics progresses with its due diligence and fund-raising efforts. The success of these acquisitions could have significant implications for the company's future growth and market position.

As the situation develops, more details are expected to emerge regarding the specific companies targeted for acquisition and the financial terms of these potential deals.

Response Informatics has released its financial results for the first quarter, revealing a mixed performance with standalone profit and consolidated loss.

Standalone Performance

On a standalone basis, Response Informatics reported a revenue of Rs 198.67 crore for Q1, compared to Rs 250.52 crore in the same quarter last year, marking a decrease of 20.70%. Despite the revenue decline, the company managed to post a net profit of Rs 6.44 crore, down from Rs 9.50 crore in the corresponding quarter of the previous year.

The company's earnings per share (EPS) on a standalone basis stood at Rs 0.08 for the quarter.

Consolidated Results

The consolidated financial picture, however, presented challenges for Response Informatics. The company reported a consolidated revenue of Rs 615.83 crore, down from Rs 968.15 crore in Q1 of the previous year, representing a significant decline of 36.40%. The consolidated results showed a net loss of Rs 13.48 crore, in contrast to a profit of Rs 45.92 crore in the prior year quarter.

The consolidated earnings per share (EPS) was negative Rs 0.08 for the quarter.

Subsidiary Performance

The company attributed the losses in consolidated results primarily to its subsidiary, Datalabs AI Private Limited, which is currently in the product development phase. This phase requires substantial investment, impacting the overall group performance.

Board Approvals

In addition to the financial results, the Board of Directors approved the continuation of Mrs. Bhuvaneswari Seetharaman as a Non-Executive Director of the company beyond the age of 75 years, subject to shareholder approval.

Management Commentary

Subramaniyam Seetha Raman, Managing Director of Response Informatics, stated, "While our standalone performance remains profitable, we acknowledge the challenges reflected in our consolidated results. The losses are primarily due to our strategic investments in Datalabs AI Private Limited, which is in a critical product development phase. We believe these investments will position us strongly for future growth in the AI sector."

Financial Highlights

The company's board meeting commenced at 12:00 Noon and concluded at 02:15 P.M.

Response Informatics continues to operate in the "Staffing Services" segment, as per the requirements of Ind AS 108 "Operating Segments". The company's management remains focused on navigating the current challenges while investing in future growth opportunities.