Response Informatics Corrects Q2 Consolidated Results, Addressing Rs. 27.75 Lakh Exchange Difference Omission

1 min read     Updated on 15 Nov 2025, 03:42 PM
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Reviewed by
Ashish TScanX News Team
Overview

Response Informatics Limited has disclosed a printing error in its Q2 consolidated financial results. An amount of Rs. 27.75 lakh, related to exchange differences on translating foreign operation statements, was accidentally omitted. The company has provided corrected standalone and consolidated unaudited financial results for Q2 and H1 ended September 30. Despite the error, Q2 revenue from operations was Rs. 682.40 lakhs, with a profit after tax of Rs. 24.75 lakhs. The H1 revenue stood at Rs. 1,298.23 lakhs, with a profit after tax of Rs. 11.26 lakhs. The company emphasized that the error does not impact the consolidated profit for the period.

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*this image is generated using AI for illustrative purposes only.

Response Informatics Limited has disclosed a printing error in its Q2 consolidated financial results for the quarter ended September 30. The company reported that an amount of Rs. 27.75 lakh, pertaining to exchange differences on translating the financial statements of a foreign operation, was inadvertently omitted from the September 30 quarter column.

Correction Details

The company has clarified that this error was unintentional and does not impact the consolidated profit for the period. Response Informatics has provided corrected standalone and consolidated unaudited financial results for the second quarter and half year ended September 30 to address this oversight.

Financial Highlights

Despite the printing error, the company's financial performance for the quarter and half-year ended September 30 shows some interesting trends:

Particulars Q2 (Rs. in lakhs) H1 (Rs. in lakhs)
Revenue from Operations 682.40 1,298.23
Total Income 695.37 1,312.68
Total Expenses 639.65 1,263.17
Profit Before Tax 52.72 43.51
Profit After Tax 24.75 11.26

Key Observations

  1. Revenue Growth: The company reported a revenue from operations of Rs. 682.40 lakhs for Q2, contributing to a half-yearly revenue of Rs. 1,298.23 lakhs.

  2. Profitability: Despite the robust revenue, the profit after tax for Q2 stood at Rs. 24.75 lakhs, while the half-yearly profit was Rs. 11.26 lakhs.

  3. Exchange Differences: The corrected results now include the previously omitted Rs. 27.75 lakhs related to exchange differences on translating the financial statements of a foreign operation.

  4. Subsidiary Performance: The results include the performance of the company's wholly-owned subsidiary, Technologia Corporation Inc, USA, and another subsidiary, DataLabs AI Private Limited.

Response Informatics Limited has emphasized that the correction of this printing error ensures accurate representation of their financial position. The company continues to operate in the "Staffing Services" segment, as per the requirements of Ind AS 108 "Operating Segments".

Investors and stakeholders are advised to refer to the corrected financial statements for a comprehensive understanding of the company's performance for the quarter and half-year ended September 30.

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Response Informatics Board Greenlights Acquisition of Four Companies in US and UK

1 min read     Updated on 30 Oct 2025, 05:44 PM
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Reviewed by
Radhika SScanX News Team
Overview

Response Informatics Limited's Board of Directors has approved the acquisition of four companies, two in the United States and two in the United Kingdom. The board also approved fund-raising activities for these potential acquisitions. The company will initiate due diligence processes for the target companies. This move signals Response Informatics' strategic push for international expansion, potentially enhancing its global presence and service offerings.

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*this image is generated using AI for illustrative purposes only.

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

Aspect Details
Number of Companies 4
Location 2 in the United States, 2 in the United Kingdom
Current Stage Approval for acquisition and initiation of due diligence

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.

Historical Stock Returns for Response Informatics

1 Day5 Days1 Month6 Months1 Year5 Years
+0.14%+7.42%+3.94%-5.14%-49.22%+376.87%
Response Informatics
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