News Earnings Suvidhaa Infoserve Reports Q3FY26 Results, Announces Key Leadership Changes and Director ReappointmentsSuvidhaa Infoserve Reports Q3FY26 Results, Announces Key Leadership Changes and Director Reappointments
Suvidhaa Infoserve Limited announced Q3FY26 financial results showing reduced losses but declining revenues, with standalone net loss of ₹14.0 million and consolidated net loss of ₹21.7 million. The company witnessed significant leadership changes as CFO Prashant Thakar resigned to pursue professional goals while transitioning from Whole Time Director to Non-Executive Director. The Board approved reappointment of Independent Directors Shail Shah and Ritesh Chothani for second five-year terms.
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Suvidhaa Infoserve Limited announced its Q3FY26 unaudited financial results alongside significant board-level changes during its meeting held on February 09, 2026. The company reported mixed financial performance with reduced losses but declining revenues across both standalone and consolidated operations.
Q3FY26 Financial Performance
The company's standalone financial results for the quarter ended December 31, 2025, showed improvement in loss reduction despite revenue challenges.
| Metric: | Q3FY26 | Q3FY25 | Q3FY24 | Change (YoY) |
|---|---|---|---|---|
| Revenue from Operations: | ₹1.8 million | ₹1.1 million | ₹8.4 million | -78.6% |
| Net Loss: | ₹14.0 million | ₹14.2 million | ₹23.6 million | -40.7% |
| Basic EPS: | ₹(0.07) | ₹(0.07) | ₹(0.11) | Improved |
For the nine months ended December 31, 2025, standalone revenue from operations stood at ₹6.7 million compared to ₹75.4 million in the corresponding period of the previous year, while net loss was ₹32.5 million against ₹86.8 million.
Consolidated Results
On a consolidated basis, the company's performance reflected similar trends with reduced losses but lower revenues.
| Parameter: | Q3FY26 | Q3FY24 | Nine Months FY26 | Nine Months FY25 |
|---|---|---|---|---|
| Revenue from Operations: | ₹8.0 million | ₹12.8 million | ₹28.3 million | ₹89.2 million |
| Net Loss: | ₹21.7 million | ₹31.9 million | ₹82.3 million | ₹110.3 million |
| Basic EPS: | ₹(0.10) | ₹(0.15) | ₹(0.40) | ₹(0.53) |
The consolidated results include three subsidiaries: NSI Infinium Global Limited, NUPI Infotech Limited, and Sine Qua Non Solutions Private Limited.
Leadership Changes
The Board meeting witnessed significant changes in the company's leadership structure. Prashant Thakar resigned from his position as Chief Financial Officer effective February 09, 2026, citing his intention to pursue long-term professional goals and career aspirations. Simultaneously, he transitioned from Whole Time Director to Non-Executive Director.
| Position Change: | Details |
|---|---|
| CFO Resignation: | Effective February 09, 2026 |
| Director Transition: | Whole Time Director to Non-Executive Director |
| Shareholding: | 2.04% in the company |
| Reason: | Long-term professional goals and career aspirations |
Director Reappointments
The Board approved the reappointment of two Independent Directors for second terms, subject to shareholder approval through postal ballot.
Shail Shah Reappointment
| Parameter: | Details |
|---|---|
| Position: | Non-Executive Independent Director |
| Term: | Five years from February 17, 2026 to February 16, 2031 |
| Experience: | Over 14 years in corporate tax, transfer pricing, foreign investment, and regulatory laws |
| Background: | Previously worked with Deloitte, KPMG, and Dhruva Advisors |
Ritesh Chothani Reappointment
| Parameter: | Details |
|---|---|
| Position: | Non-Executive Independent Director |
| Term: | Five years from February 17, 2026 to February 16, 2031 |
| Experience: | Over 23 years as Chartered Accountant in audit, due diligence, financial planning, and taxation |
| Expertise: | Corporate restructuring, regulatory laws, and financial planning initiatives |
Regulatory Compliance
The Board meeting commenced at 6:20 P.M. and concluded at 8:00 P.M. on February 09, 2026, conducted through audio/video conference. The financial results were reviewed and recommended by the Audit Committee and approved by the Board of Directors. Managing Director Naresh Sharma was authorized to sign the financial results on behalf of the company.
| Compliance Aspect: | Details |
|---|---|
| Meeting Duration: | 6:20 P.M. to 8:00 P.M. |
| Format: | Audio/video conference |
| Authorization: | Naresh Sharma, Managing Director |
| Filing Status: | Filed with stock exchanges |
| Website Availability: | www.suvidhaa.com |
Business Operations
According to the financial disclosures, the company operates in one business segment encompassing e-commerce including payment services, trading of e-vouchers, financial services under s-commerce, website development, and maintenance along with related ancillary services. The company maintains its paid-up equity share capital at ₹209.8 million with face value of ₹1 per share.
The results have been filed with stock exchanges under Regulation 30 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015, and are available on the company's website at www.suvidhaa.com .
Historical Stock Returns for Suvidhaa Infoserve
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.33% | +2.01% | -12.61% | -30.05% | -46.96% | -97.09% |
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