NewsAion-Tech Solutions Reports Q3FY26 Results, Appoints New CEO and Approves Major InvestmentsAion-Tech Solutions Reports Q3FY26 Results, Appoints New CEO and Approves Major Investments
Aion-Tech Solutions delivered robust Q3FY26 performance with 30.9% revenue growth to ₹291.24 million and positive turnaround in profitability. The company strengthened leadership by appointing Mr. Biju Mathews as CEO and Dr. Kartik Ponnapula as Director, while approving strategic investments of ₹8.00 crore across subsidiaries in EV mobility and IT solutions sectors.
*this image is generated using AI for illustrative purposes only.
Aion tech solutions Limited announced its Q3FY26 quarterly results for the third quarter ended December 31, 2025, alongside significant leadership appointments and strategic investment approvals during its Board meeting held on February 11, 2026.
Financial Performance Overview
The company delivered strong standalone financial results for Q3FY26, demonstrating robust operational performance across key metrics.
| Metric: | Q3FY26 | Q3FY25 | Change (%) |
|---|---|---|---|
| Revenue from Operations: | ₹291.24 million | ₹222.56 million | +30.9% |
| Total Revenue: | ₹300.03 million | ₹231.82 million | +29.4% |
| Net Profit After Tax: | ₹20.03 million | ₹(2.82) million | Positive turnaround |
| Basic EPS: | ₹0.38 | ₹(0.08) | Positive turnaround |
On a consolidated basis, the company reported revenue from operations of ₹405.92 million for Q3FY26 compared to ₹221.05 million in Q3FY25, reflecting significant growth driven by the E-Vehicle Mobility segment.
Segment-wise Performance
The company's business segments showed varied performance during the quarter:
| Segment: | Q3FY26 Revenue | Q3FY25 Revenue | Growth |
|---|---|---|---|
| Information Technology/Software Services: | ₹29.69 million | ₹29.87 million | -0.6% |
| Software License: | ₹261.55 million | ₹192.69 million | +35.7% |
| E-Vehicle Mobility (Consolidated): | ₹115.94 million | - | New segment |
The Software License segment emerged as the primary growth driver, while the newly added E-Vehicle Mobility segment contributed significantly to consolidated revenues.
Key Leadership Appointments
The Board made two strategic appointments to strengthen the company's leadership structure:
CEO Appointment
| Parameter: | Details |
|---|---|
| Name: | Mr. Biju Mathews |
| Position: | President and Chief Executive Officer |
| Designation: | Wholetime Key Managerial Personnel |
| Effective Date: | February 11, 2026 |
| Term: | 2 years (subject to member approval) |
Mr. Biju Mathews brings extensive experience in building and scaling technology businesses across enterprise software, data-driven platforms, and EV mobility solutions.
Board Addition
| Parameter: | Details |
|---|---|
| Name: | Dr. Kartik Sanjay Ponnapula |
| DIN: | 08885958 |
| Category: | Non-Independent, Non-Executive Director |
| Shareholding: | 11,22,000 equity shares |
| Effective Date: | February 11, 2026 |
Dr. Ponnapula is recognized as a leading player in the electric vehicle industry with deep expertise in sustainability and innovation.
Strategic Investment Approvals
The Board approved significant investments totaling ₹8.00 crore across two subsidiary companies:
Roqit Greenfleet Investment
| Parameter: | Details |
|---|---|
| Investment Amount: | ₹5,00,00,000 (₹5.00 crore) |
| Company: | Roqit Greenfleet Digital Solutions Private Limited |
| Relationship: | Wholly Owned Subsidiary |
| Purpose: | Operational and product development expenses |
| Timeline: | Within 12-18 months |
Roqit Greenfleet, incorporated in December 2024, focuses on developing technology for zero-emission fleets in EV and Hydrogen mobility sectors.
Dubai Subsidiary Investment
| Parameter: | Details |
|---|---|
| Investment Amount: | ₹3,00,00,000 (₹3.00 crore) |
| Company: | GTL Aion IT Solutions LLC, Dubai |
| Investment Mode: | Equity or debt |
| Business Focus: | Software development, reselling & consulting |
| Timeline: | Within 12-18 months |
Additional Corporate Actions
The company also approved providing a corporate guarantee in favor of ICICI Bank for an overdraft facility of ₹5.00 crore sanctioned to ETO Motors Private Limited, its subsidiary in the mobility sector.
During the quarter, the company's equity shareholding in ETO Motors changed from 58.51% to 56.29% following conversion of inter-corporate deposits into equity shares.
Exceptional Items Impact
The company recorded an exceptional charge of ₹4.28 million related to the statutory impact of new Labour Codes implemented by the Government of India in November 2025, primarily affecting gratuity calculations due to changes in wage definitions.
Historical Stock Returns for Aion Tech Solutions
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.00% | -0.10% | -1.36% | -1.14% | -28.18% | +7.12% |
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