Objectone Information Systems Limited has received a clean auditor review for its third quarter FY26 financial results, with independent auditors P. Murali & Co. providing an unqualified review report for the quarter ended December 31, 2025.

Auditor Review Details

P. Murali & Co., Chartered Accountants, conducted the review of Objectone Information Systems Limited's unaudited financial results for the quarter ended December 31, 2025, and for the nine-month period from April 1, 2025, to December 31, 2025. The review was performed pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Compliance and Standards

The auditors confirmed that the review was conducted in accordance with Standard on Review Engagements (SRE) 2410, issued by the Institute of Chartered Accountants of India. The financial statements were prepared following Indian Accounting Standard 34 (Ind AS 34), prescribed under Section 133 of the Companies Act, 2013, and other accounting principles generally accepted in India.

Review Conclusion

Based on their review procedures, the auditors stated that nothing came to their attention that would cause them to believe the accompanying financial statements contain any material misstatement. The auditors confirmed that the results were prepared in accordance with the required recognition and measurement principles and disclosed information as required under SEBI regulations.

The review report emphasizes that the company's management remains responsible for preparing the financial statements, while the auditor's role is to provide moderate assurance that the statements are free from material misstatement. The clean review provides stakeholders with confidence in the accuracy and compliance of Objectone Information Systems' Q3 FY26 financial reporting.

ObjectOne Information Systems Limited , a Hyderabad-based IT/ITES company, has announced its unaudited financial results for the first quarter ended June 30, 2025. The company reported a significant decline in revenue and a net loss for the quarter.

Financial Performance

ObjectOne Information Systems reported a revenue from operations of Rs. 27.51 crore for Q1 FY2026, marking a substantial decrease of 42.63% compared to Rs. 47.95 crore in the same quarter of the previous fiscal year. The company's total income, including other income of Rs. 0.58 crore, stood at Rs. 28.09 crore, down by 41.62% year-over-year.

Expenses and Profitability

Despite the sharp decline in revenue, the company managed to reduce its total expenses by 7.88% to Rs. 36.84 crore in Q1 FY2026, compared to Rs. 39.99 crore in Q1 FY2025. However, this reduction was not sufficient to offset the impact of the revenue decline.

As a result, ObjectOne Information Systems reported a net loss of Rs. 82.15 crore for the quarter, a significant downturn from the net profit of Rs. 6.96 crore recorded in the corresponding quarter of the previous year. The company's earnings per share (EPS) turned negative at Rs. -7.82, compared to a positive Rs. 0.66 in Q1 FY2025.

Management Commentary

K. Ravi Shankar, Managing Director of ObjectOne Information Systems, signed off on the financial results. The management did not provide specific comments on the company's performance or outlook in the available data.

Audit Review

The financial results were reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on July 24, 2025. P. Murali & Co., Chartered Accountants, conducted a limited review of the unaudited financial results and issued an unmodified opinion.

ObjectOne Information Systems operates in a single segment, IT/ITES, and continues to prepare its financial statements in accordance with Indian Accounting Standards (Ind AS). The company's paid-up equity share capital remains unchanged at Rs. 10.51 crore, with a face value of Rs. 10 per share.

Investors and stakeholders will be watching closely to see how ObjectOne Information Systems addresses the challenges reflected in these quarterly results and what strategies it implements to return to profitability in the coming quarters.