Inspirisys Solutions Announces Statutory Auditor's Conversion from Firm to LLP Structure

1 min read     Updated on 19 Jan 2026, 09:08 AM
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Overview

Inspirisys Solutions Limited has announced that its statutory auditor MSKA & Associates has converted from a partnership firm to a Limited Liability Partnership, now operating as MSKA & Associates LLP effective January 13, 2026. The conversion was made under the Limited Liability Partnership Act, 2008, with updated ICAI registration numbers. The company clarified that this constitutional change does not affect the audit engagement, and the firm will continue serving as statutory auditors for the remaining approved tenure.

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Inspirisys Solutions Limited has notified stock exchanges regarding a structural change in its statutory auditor's business constitution. The company informed the National Stock Exchange and BSE Limited on January 18, 2026, about the conversion of its auditor from a partnership firm to a Limited Liability Partnership structure.

Auditor Conversion Details

MSKA & Associates, the company's statutory auditor, has converted from a partnership firm into a Limited Liability Partnership under the provisions of the Limited Liability Partnership Act, 2008. The conversion became effective on January 13, 2026, and the firm now operates under the name MSKA & Associates LLP.

Parameter: Details
Previous Name: MSKA & Associates (Partnership Firm)
New Name: MSKA & Associates LLP
Effective Date: January 13, 2026
ICAI Registration (Old): 105047W
ICAI Registration (New): W101187
Notification Received: January 18, 2026 at 11:58 AM (IST)

Regulatory Compliance

The intimation was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company emphasized that this change pertains only to the constitution of the audit firm and does not result in any change in the engagement of the statutory auditors.

Continuity of Audit Services

MSKA & Associates LLP will continue to act and discharge its responsibilities as the statutory auditors of Inspirisys Solutions Limited for the remaining period of their approved tenure. The conversion does not affect the ongoing audit engagement or the firm's obligations toward the company.

SEBI Disclosure Requirements

In compliance with SEBI Circular SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated July 13, 2023, the company provided specific disclosures regarding the nature and effective date of the change.

Disclosure Item: Details
Reason for Change: Conversion from partnership firm to LLP structure
Effective Date: January 13, 2026
Nature: Constitutional change, not engagement change

The notification was signed by S. Sundaramurthy, Company Secretary & Compliance Officer, and communicated to both stock exchanges for record-keeping purposes.

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Inspirisys Solutions Reports 43% Revenue Surge in Q2 FY26, Profit Doubles

1 min read     Updated on 07 Nov 2025, 03:29 PM
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Reviewed by
Shriram SScanX News Team
Overview

Inspirisys Solutions Limited reported strong Q2 FY2026 results with consolidated revenue of ₹12,185.00 lakhs, up 43% YoY. Profit after tax nearly doubled to ₹740.00 lakhs. Services segment was the largest revenue contributor. EPS improved to ₹1.85 from ₹0.95. The company completed liquidation of two wholly-owned subsidiaries in UAE and Japan, and closed its Singapore branch operations in June 2025.

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Inspirisys Solutions Limited , a leading IT services provider, has reported a robust financial performance for the second quarter of fiscal year 2026, with significant growth in both revenue and profitability.

Strong Revenue Growth

For the quarter ended September 30, 2025, Inspirisys Solutions recorded consolidated revenue of ₹12,185.00 lakhs, marking a substantial 43% increase from ₹8,531.00 lakhs in the same quarter of the previous year. This impressive growth demonstrates the company's strong market position and effective business strategies.

Profit Surge

The company's bottom line showed even more impressive growth, with consolidated profit after tax rising to ₹740.00 lakhs, nearly doubling from ₹377.00 lakhs year-over-year. This significant increase in profitability indicates improved operational efficiency and cost management.

Half-Year Performance

For the six-month period, Inspirisys Solutions reported consolidated revenue of ₹20,840.00 lakhs, compared to ₹17,162.00 lakhs in the previous year, showing consistent growth over a longer timeframe.

Segment-wise Performance

Inspirisys Solutions operates through three business segments, each contributing to the overall growth:

Segment Revenue (₹ in lakhs)
Systems Integration 3,799.00
Services 8,009.00
Warranty Management Services 163.00

The Services segment emerged as the largest contributor to the company's revenue, highlighting its strength in IT infrastructure management and software development.

Earnings Per Share

The company's earnings per share for continuing operations stood at ₹1.85 for the quarter, a significant improvement from ₹0.95 in the previous year, reflecting the growth in profitability.

Corporate Actions

The Board of Directors approved the unaudited financial results for the quarter. Additionally, the company completed the liquidation of two wholly-owned subsidiaries:

  • Inspirisys Solutions DMCC in UAE
  • Inspirisys Solutions Japan Kabushiki Kaisha

Furthermore, Inspirisys Solutions closed its Singapore branch operations in June 2025, streamlining its international presence.

These strategic moves are likely aimed at optimizing the company's global operations and focusing on core growth areas.

The strong financial performance, coupled with strategic corporate actions, positions Inspirisys Solutions for continued growth in the IT services sector. Investors and stakeholders may view these results positively, as they demonstrate the company's ability to expand its revenue base while significantly improving profitability in a competitive market environment.

Historical Stock Returns for Inspirisys Solutions

1 Day5 Days1 Month6 Months1 Year5 Years
+1.45%-0.11%-2.95%-20.84%-15.48%+121.52%
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