Smartlink Holdings Limited has announced its financial results for the quarter ended September 30, 2025, revealing a mixed performance across its standalone and consolidated operations.

Consolidated Performance

On a consolidated basis, Smartlink Holdings reported a profit of Rs 186.33 crore for Q2, compared to Rs 217.51 crore in the previous quarter. The company's total income for the quarter stood at Rs 7,257.01 crore, a significant increase from Rs 4,033.02 crore in the preceding quarter.

Standalone Results

However, the standalone figures paint a different picture. Smartlink Holdings reported a standalone loss of Rs 38.60 crore for Q2, in contrast to a profit of Rs 11.94 crore in the previous quarter. The total income on a standalone basis was Rs 3,098.90 crore, up from Rs 2,230.80 crore in Q1.

Half-Year Performance

For the half-year period ended September 30, 2025:

• Consolidated profit: Rs 403.84 crore
• Standalone loss: Rs 26.66 crore

Segment Information

Smartlink Holdings operates primarily in the Networking/IT Products segment. The company's results include those of its wholly-owned subsidiary, Digisol Systems Limited.

Financial Highlights

Management Commentary

The company's Board of Directors met on November 6, 2025, to consider and approve the unaudited financial results. The Audit Committee reviewed the results, and the statutory auditors expressed an unmodified opinion.

Balance Sheet Highlights

As of September 30, 2025, Smartlink Holdings reported:

• Consolidated total assets: Rs 26,415.50 crore
• Standalone total assets: Rs 22,739.23 crore
• Consolidated total equity: Rs 20,020.75 crore
• Standalone total equity: Rs 19,975.45 crore

Conclusion

While Smartlink Holdings faces challenges in its standalone operations, the consolidated results show resilience, likely supported by the performance of its subsidiary, Digisol Systems Limited. Investors and stakeholders may want to closely monitor the company's strategies to address the standalone segment's performance in the coming quarters.

Smartlink Holdings , a prominent player in the networking and IT products sector, has announced two significant developments: the cancellation of its Non-Banking Financial Company (NBFC) registration and the release of its financial results for the first quarter.

NBFC Registration Cancellation

The Reserve Bank of India (RBI) has confirmed the cancellation of Smartlink Holdings' Certificate of Registration as an NBFC. This cancellation follows the company's voluntary surrender of its NBFC registration, which was originally issued on May 2, 2018. The decision to surrender the registration was made because Smartlink Holdings was not meeting the Principal Business Criteria stipulated by the RBI, as its financial income was less than 50 percent of the total income.

The RBI's confirmation of cancellation, dated August 12, comes under Section 45-IA of the Reserve Bank of India Act, 1934. Smartlink Holdings had initially informed about the surrender in February, demonstrating a proactive approach to regulatory compliance.

Q1 Financial Performance

Alongside this regulatory update, Smartlink Holdings has released its unaudited financial results for the quarter ended June 30. The company has shown a positive performance in both standalone and consolidated figures.

Standalone Results:

Smartlink Holdings has shown a significant improvement in its standalone performance, with revenue from operations increasing by 68.29% year-over-year. The company has turned profitable, reporting a profit after tax of Rs. 11.94 lakhs compared to a loss in the same quarter last year.

Consolidated Results:

On a consolidated basis, while there was a slight decrease in revenue, Smartlink Holdings has significantly improved its profitability. The company reported a profit after tax of Rs. 217.51 lakhs, compared to a loss in the same quarter of the previous fiscal year.

Management Commentary

K.R. Naik, Executive Chairman of Smartlink Holdings Limited, stated, "The cancellation of our NBFC registration aligns with our strategic focus on our core business of networking and IT products. Our financial results for Q1 demonstrate our ability to drive profitability despite challenging market conditions."

The company's board of directors approved these financial results at their meeting held on August 12. Smartlink Holdings continues to operate primarily in the Networking/IT Products segment, as noted in their financial statements.

Investors and stakeholders can access detailed financial results on the company's website and the websites of BSE Limited and the National Stock Exchange of India Limited.