Response Informatics Corrects Q2 Consolidated Results, Addressing Rs. 27.75 Lakh Exchange Difference Omission
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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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
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.
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.
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.
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.
Historical Stock Returns for Response Informatics
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.14% | +7.42% | +3.94% | -5.14% | -49.22% | +376.87% |





























