Anka India Ltd Announces Unaudited Financial Results for Quarter Ended June 30, 2026
Anka India Ltd has reported its Unaudited Standalone and Consolidated financial results for the quarter ended June 30, 2026. These results were reviewed by independent auditors and approved by the company’s Board of Directors on July 30, 2026.The consolidated financials reflect the operations of the Group, which includes a fully owned subsidiary, Futech Internet Private Limited. The company acquired a 100% stake in Futech Internet Private Limited through a Share Swap Arrangement dated March 13, 2025, with shares allotted on June 11, 2025. This transaction resulted in a reverse merger situation, handled according to IND AS 103 - Business Combination.
The financial performance of the subsidiary during the quarter ended June 30, 2026, included total revenues of X172.18 lakhs, a net profit after tax of ¥4.80 lakhs, and total comprehensive income of X4.80 lakhs, as reflected in the consolidated results.
Consolidated Financial Highlights (Three Months Ended June 30, 2026)
The table below details key figures from the Unaudited Consolidated Financial Results for the quarter ended June 30, 2026, along with comparable periods:| Metric | Three Months Ended 30.06.2026 (Unaudited) | Previous Three Months Ended 31.03.2026 (Unaudited) | Corresp. Three Months Ended 30.06.2025 (Unaudited) | Previous Year Ended 31.03.2026 (Audited) |
|---|---|---|---|---|
| Revenue From Operations | 276.46 Lakh | 264.69 Lakh | 589.05 Lakh | - |
| Other Income | 7.07 Lakh | 31.23 Lakh | 11.95 Lakh | 78.03 Lakh |
| Total Revenue | 283.54 Lakh | 295.92 Lakh | 601.00 Lakh | 1,887.46 Lakh |
| Employee Benefits Expense | (78.15) Lakh | (263.24) Lakh | (457.58) Lakh | (1,468.46) Lakh |
| Financial Cost | (759) Lakh | (694) Lakh | (1,051) Lakh | (3,394) Lakh |
| Depreciation and Amortization Expense | (40.40) Lakh | (38.66) Lakh | (415.90) Lakh | (152.83) Lakh |
| Other Expenses | (149.17) Lakh | (333.10) Lakh | (895.20) Lakh | (258.80) Lakh |
| Total expenses | 275.31 Lakh | 342.15 Lakh | 599.20 Lakh | 1,914.03 Lakh |
| Profit/(Loss) before exceptional items and tax | 8.23 Lakh | (46.23) Lakh | 180.00 Lakh | (26.57) Lakh |
Audit Review and Qualified Observations
The Limited Review Report indicated that, based on the review conducted in accordance with the Standard on Review Engagements (SRE) 2410, nothing came to the auditor's attention that caused them to believe the Interim Financial Information contained any material misstatements.However, the report noted a basis for qualified conclusion concerning the consolidation of financials. The consolidation process resulted in the recognition of Goodwill amounting to Rs.18,96,38,548, which has not been tested for impairment as of June 30, 2026.
The statutory auditors reviewing the Standalone Financial Results also qualified the figures based on several points, including:
- Minimum Alternative Tax (MAT): The company continues to recognize the minimum alternative tax paid in previous years, amounting to Rs. 35.38 Lakhs, as an asset and expects it to be adjusted against future tax payments. The auditors stated that recognizing this amount as an asset was not prudent considering the history of losses and overall financial position of the Company, inconsistent with relevant guidance notes.
- Segment Reporting: Segment reporting is not given for impairment as of June 30, 2026.
Standalone Financial Performance Summary (Three Months Ended June 30, 2026)
The Standalone Financial Results also showed mixed performance for the quarter ended June 30, 2026:| Metric | Three Months Ended 30.06.2026 (Unaudited) | Previous Three Months Ended 31.03.2026 (Unaudited) | Corresp. Three Months Ended 30.06.2025 (Unaudited) | Previous Year Ended 31.03.2026 (Audited) |
|---|---|---|---|---|
| Total Revenue | 115.95 Lakh | 261.30 Lakh | 1,116 Lakh | 59.06 Lakh |
| Employee Benefits Expense | (67.07) Lakh | (1) Lakh | (560.00) Lakh | (2,250 Lakh) |
| Total expenses | 342.15 Lakh | 30.67 Lakh | (20.18) Lakh | 757.62 Lakh |
| Profit/(Loss) before tax | 2437.176 Lakh | d - (20.8)d | 801.48 Lakh | - |
Note: The table above summarizes the financial data provided in the source text.
Stock Price Movement
Anka India Ltd. shares settled at ₹25.25 today, dipping 1.87% in the trading session. The stock moved within a range, reaching an intraday high of ₹26.87 before finding its closing floor at ₹25.20.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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