ObjectOne Information Systems Reports Net Loss of Rs. 82.15 Crore in Q1 FY2026
ObjectOne Information Systems, a Hyderabad-based IT/ITES company, announced unaudited financial results for Q1 FY2026 ended June 30, 2025. Revenue from operations decreased by 42.63% to Rs. 27.51 crore, compared to Rs. 47.95 crore in Q1 FY2025. The company reported a net loss of Rs. 82.15 crore, down from a net profit of Rs. 6.96 crore in the same quarter last year. Total expenses reduced by 7.88% to Rs. 36.84 crore, but this was insufficient to offset the revenue decline. EPS turned negative at Rs. -7.82. The results were reviewed by P. Murali & Co., Chartered Accountants, who issued an unmodified opinion.