COSYN Ltd Announces Quarterly Financial Results and Board Appointments
COSYN Limited has announced its un-Audited standalone and consolidated financial results for the quarter ended June 30, 2026. The Board of Directors approved the results during a meeting held on July 17, 2026, following recommendations from the Audit Committee.The company also confirmed significant leadership changes and board appointments. The Board approved the re-appointment of Mr. Aeruva Bhopal Reddy as an Executive Director for a period of two years. Additionally, the company approved the issuance of a postal ballot notice regarding the appointment of Mrs. Madhuri Muddana as a Non-Executive Independent Director for a term of three consecutive years.
Financial Performance Overview
The financial data for the quarter ended June 30, 2026, shows a steady performance across various operational metrics compared to previous periods. The following table summarizes the standalone and consolidated financial highlights:| Particulars | Quarter Ended 30.06.2026 (Unaudited) | Quarter Ended 31.03.2026 (Audited) | Quarter Ended 30.06.2025 (Unaudited) |
|---|---|---|---|
| Revenue from Operations (Net) | 106.13 | 168.98 | 71.30 |
| Other Income | 5.76 | 9.16 | 3.57 |
| Total Income | 111.89 | 178.14 | 74.87 |
| Total Expenses | 108.69 | 171.34 | 70.42 |
| Profit Before Tax | 3.20 | 6.73 | 4.45 |
| Net Profit for the Period | 3.53 | 2.56 | 3.73 |
Operational Details and Components
The company operates within the Information Technology Services sector, which is identified as a single business segment under Indian Accounting Standards (Ind AS). The financial results were prepared in accordance with Ind AS 34, "Interim Financial Reporting," and other generally accepted accounting principles in India.For the quarter ended June 30, 2026, the breakdown of expenses included:
- Cost of Materials Consumed: 6.15
- Operating Expenses: 26.79
- Employee Benefits Expense: 62.55
- Finance Costs: 12.63
- Depreciation & Ammortisation: 19.25
- Other Expenses: 50.08
The consolidated financial statement includes the results of subsidiaries M/s. Cosyn LLC and M/s. WellTo Desk Inc. The management stated that the interim financial information from these subsidiaries is not material to the Group, as they reported zero revenue and net profit for the quarter ended June 30, 2026.
Earnings Per Share
The company reported the following earnings per share (in Rs. 10/- each) for the period ended June 30, 2026:| Type | Quarter Ended 30.06.2026 | Quarter Ended 31.03.2026 | Quarter Ended 30.06.2025 |
|---|---|---|---|
| Basic | 0.05 | 0.03 | 0.05 |
| Diluted | 0.05 | 0.03 | 0.05 |
Stock Price Movement
COSYN Ltd shares rallied to settle at ₹20.42 on Friday, marking a 4.83% jump at the close of trade. The stock saw significant volatility throughout the session, swinging between a low of ₹19.11 and a high of ₹20.48.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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