Megri Soft , a software company based in Chandigarh, has announced its unaudited financial results for the second quarter and half-year ended September 30, 2025. The company's Board of Directors approved these results along with a related party transaction during a meeting held on November 10, 2025.

Financial Performance

The company's consolidated financial results for Q2 FY2026 show:

The company's performance shows a marginal improvement in total revenue and net profit after tax for both the quarter and half-year periods compared to the previous fiscal year.

Related Party Transaction

The Board has approved a related party transaction with Mahesh Kohli (HUF) for construction works at the company's premises located at Plot No. I-46, Sector-83 Alpha, I.T. City, S.A.S. Nagar, Punjab. The total consideration for this transaction will not exceed ₹18 lakhs.

Key points of the transaction:

• Mahesh Kohli, the Karta of the HUF, is the brother of Mohnesh Kohli, who is a Promoter and Director of Megri Soft.
• The transaction is considered to be in the ordinary course of business and on an arm's length basis.
• It falls below the threshold for a "material related party transaction" as per regulations.

Other Financial Highlights

• The company's consolidated total assets stood at ₹2,304.11 lakhs as of September 30, 2025, compared to ₹2,280.21 lakhs at the end of the previous fiscal year.
• The total equity of the company increased to ₹2,266.54 lakhs from ₹2,237.04 lakhs.
• Cash and cash equivalents improved to ₹88.23 lakhs from ₹59.15 lakhs at the end of the previous fiscal year.

Megri Soft continues to maintain a stable financial position with marginal growth in its key financial metrics. The company's decision to engage in a related party transaction for construction work suggests ongoing development activities.

Investors and stakeholders are advised to review the detailed financial statements and disclosures provided by the company for a comprehensive understanding of its financial position and performance.

Megri Soft Limited, an IT/ITES services provider, has announced its financial results for the first quarter ended June 30, 2025, revealing a mixed performance with increased revenue but a slight dip in profits.

Consolidated Performance

The company's consolidated revenue from operations for Q1 FY2026 stood at Rs 71.51 crore, marking a 5.7% increase from Rs 68.26 crore in the previous quarter. However, when compared to the same quarter last year, which recorded Rs 119.35 crore, there was a significant year-on-year decline of 40.1%.

Consolidated net profit after tax for the quarter was Rs 14.26 crore, showing a marginal decrease of 1.5% from Rs 14.47 crore in the previous quarter. Interestingly, the profit saw a slight increase of 2.3% compared to Rs 13.94 crore in the corresponding quarter of the previous year.

Standalone Performance

On a standalone basis, Megri Soft reported revenue from operations of Rs 52.90 crore for Q1 FY2026. This represents a 5.1% increase from Rs 50.33 crore in the previous quarter but a significant 49.1% decrease from Rs 103.93 crore in the same quarter last year.

The standalone net profit after tax stood at Rs 8.11 crore, down by 14.5% from Rs 9.49 crore in the previous quarter and a more substantial 33.9% decline from Rs 12.27 crore in the corresponding quarter of the previous year.

Financial Highlights

Segment Performance

Megri Soft Limited primarily operates in the IT/ITES services segment. The company's wholly-owned subsidiary, Megrisoft Limited, incorporated in the UK, contributed to the consolidated results.

Management Commentary

While the company did not provide specific management commentary in the released financial results, the figures indicate a challenging environment with year-on-year declines in revenue, possibly due to market conditions or project completions. However, the quarter-on-quarter growth in revenue suggests potential signs of recovery or new project acquisitions.

The Board of Directors approved these unaudited financial results at their meeting held on July 30, 2025. The results have been subjected to a limited review by the statutory auditors, who expressed an unmodified opinion.

Investors and stakeholders will be watching closely to see how Megri Soft navigates the current business landscape and whether it can maintain its profitability while working to recover its revenue to previous levels in the coming quarters.