Latest news about Infronics Systems
Infronics Systems
17.15
+0.46(+2.76%)
Company Performance:
View Company Insights1D+2.76%
1M-3.27%
6M-32.48%
1Y-48.00%
5Y+199.30%
More news about Infronics Systems
14Feb 26
Infronics Systems Limited Announces Q3FY26 Financial Results with Qualified Auditor Review
Infronics Systems Limited's Board of Directors approved unaudited financial results for the quarter and nine months ended December 31, 2025, during a meeting held on February 14, 2026. The auditor's limited review report contained a qualified conclusion, requiring a management response. The trading window remains closed and will reopen 48 hours after result publication, ensuring compliance with SEBI regulations.
03Jan 26
Infronics Systems Faces Second Bank Account Freeze as Axis Bank Joins ICICI
Infronics Systems Limited faces escalating challenges as Axis Bank joins ICICI Bank in freezing the company's bank accounts following directions from investigating authorities. The developments stem from an FIR registered over commercial dispute allegations involving directors, promoters, and CFO, with the company now unable to access funds from two accounts for routine business transactions.
12Nov 25
Infronics Systems Reports Quarterly Loss Amid Legal Dispute and Operational Challenges
Infronics Systems Limited reported a net loss of ₹21.44 lakhs for Q2 FY2026. The company faces a legal dispute with Mudunuru Limited claiming ₹12.05 crores. Revenue has significantly decreased due to the conclusion of a major contract with BSNL. Auditors expressed concerns about the legal dispute's impact and the company's ability to continue as a going concern. Management states sufficient cash balances exist to settle current and near-future liabilities.
16Aug 25
Infronics Systems Reports Zero Revenue and Rs 17 Lakh Loss in Q1
Infronics Systems Limited faced a challenging first quarter with zero revenue and a net loss of Rs 17.03 lakhs, compared to Rs 79.06 lakhs revenue and Rs 43.93 lakhs profit in the same quarter last year. The revenue decline is due to the conclusion of SMS service contracts with BSNL. The company is exploring new technological product development while dealing with a disputed Rs 12.05 crore demand notice from M/s Mudunuru Limited. Management assures sufficient cash to settle current and near-future liabilities.
14Aug 25
Infronics Systems Addresses ₹12.05 Crore Demand and Going Concern Issues in Q1 Results
Infronics Systems Limited approved its Q1 unaudited financial results with auditor qualifications on two issues: a ₹12.05 crore demand notice from Mudunuru Limited and uncertainty about the company's going concern status. Management denied liability for the demand, disclosed it as a contingent liability, and affirmed ongoing product development initiatives to address future business prospects. The board meeting was held on August 14, and the trading window remains closed until 48 hours after results publication.
Industry Peers
Oracle Financial Services Software
Tanla Platforms
CE Info Systems
Moschip Technologies
TechNVision Ventures
Ramco Systems
Nucleus Software
Blue Cloud Softech Solutions
Unicommerce eSolutions
Quick Heal Technologies
9,327.50
(+0.67%)
513.70
(+2.61%)
842.20
(-0.05%)
210.05
(+4.47%)
5,412.00
(+0.81%)
562.15
(+2.25%)
750.80
(-0.05%)
18.09
(+1.57%)
90.17
(-0.73%)
170.62
(+2.31%)
we are part of Raise Financial Services
built with love
for indians who love to invest & trade
Market Community
Follow us on
