NewsEarningsLee & Nee Softwares Reports Strong Q1 FY26 Growth, Appoints New Independent DirectorLee & Nee Softwares Reports Strong Q1 FY26 Growth, Appoints New Independent Director
Lee & Nee Softwares Exports reported significant growth in Q1 FY26. Standalone revenue increased by 117.70% to ₹244.48 crore, while consolidated revenue surged by 318.00% to ₹1,072.94 crore. The company's PAT also showed substantial growth. Additionally, the board approved the appointment of Mrs. Sumita Mahadevan as an Additional Independent Director and accepted the resignation of Mrs. Suman Murarka as Independent Director.
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Lee & Nee Softwares Exports , a prominent player in IT-enabled services, has announced robust financial results for the first quarter of fiscal year 2026, along with key changes to its board of directors.
Financial Performance
The company reported impressive growth in its standalone and consolidated financial results for the quarter ended June 30, 2025:
Standalone Results
| Metric | Q1 FY26 | Q1 FY25 | YoY Growth |
|---|---|---|---|
| Revenue from operations | ₹244.48 crore | ₹112.30 crore | 117.70% |
| Profit after tax (PAT) | ₹9.63 crore | ₹6.93 crore | 38.90% |
Consolidated Results
| Metric | Q1 FY26 | Q1 FY25 | YoY Growth |
|---|---|---|---|
| Revenue from operations | ₹1,072.94 crore | ₹256.64 crore | 318.00% |
| Profit after tax (PAT) | ₹8.15 crore | ₹4.92 crore | 65.70% |
Board Changes
The company's Board of Directors has approved the following changes:
- Appointment: Mrs. Sumita Mahadevan as an Additional Independent Director for a five-year term, subject to shareholder approval at the upcoming Annual General Meeting (AGM).
- Resignation: Mrs. Suman Murarka has stepped down from her position as Independent Director, effective August 13, 2025.
Company Overview
Lee & Nee Softwares Exports primarily operates in the IT-enabled services sector. The company has two subsidiaries:
- Lensel Web Services Private Limited
- Rituraj Shares Broking Private Limited
These subsidiaries contribute to the company's consolidated performance.
Board Meeting Details
- Date: August 13, 2025
- Time: 3:00 PM to 5:10 PM
- Key Decisions:
- Approval of unaudited financial results for Q1 FY26
- Board changes as mentioned above
These developments showcase Lee & Nee Softwares' strong performance and strategic moves to enhance its governance structure, potentially positioning the company for continued growth in the IT services sector.
Historical Stock Returns for Lee & Nee Softwares Exports
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +10.44% | +15.06% | +16.90% | +27.02% | -6.30% | +669.23% |
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