Equippp Announces Board Meeting Outcomes and Q2 Financial Results; Strategic Appointments Confirmed
Equippp Social Impact Technologies Limited (EQUIPPP) announced key outcomes of its Board of Directors meeting held on August 12, 2026. The meeting covered operational reviews, strategic appointments, and the approval of financial results for the quarter ended June 30, 2026.The board approved several leadership changes and professional service re-appointments intended to guide the company's future trajectory.
Strategic Appointments and Leadership Changes
The Board confirmed the re-appointment of key members for subsequent terms. Dr. Narendra Mairpady was re-appointed as an Independent Director for a second consecutive term of five years, effective from November 5, 2026, to November 4, 2031. Mr. Vegendla Srinivasa Rao was appointed as a Non-Executive, Non-Independent Director following his earlier appointment as Additional Director on July 20, 2026.Mrs. Vindhya Dronamraju was re-appointed as a Whole-time director for five years, commencing November 5, 2026, and concluding on November 4, 2031.
Furthermore, M/s GBM & Associates was re-appointed as the company's Internal Auditors for the Financial Year 2026-27.
Q2 Financial Performance Summary
The company released unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, along with audited figures for the year ending March 31, 2026.The unaudited standalone financials showed Total Income from operations at 51.20 Lakhs and Net Profit for the period of 7.35 Lakhs.
On a consolidated basis, the company reported Total Income from operations of 1,279.81 Lakhs. The Net Profit for the quarter ended June 30, 2026, stood at 96.59 Lakhs.
A review report by Anjaneyulu & Co., Chartered Accountants, noted that trade receivables amounting to Rs.77.37 Lakhs were overdue as of June 30, 2026. Management informed the auditors that an amount of Rs.5.00 Lakhs had been received on July 10, 2026, and recovery action was underway for the remaining balance.
The unaudited standalone financial results for the quarter are detailed below:
| Particulars | Amount (in Lakhs) |
|---|---|
| Total Income from operations | 51.20 |
| Net Profit / (Loss) for the period | 7.35 |
The unaudited consolidated financial results for the quarter are detailed below:
| Particulars | Amount (in Lakhs) |
|---|---|
| Total Income from operations | 1,279.81 |
| Net Profit / (Loss) for the period | 96.59 |
Subsidiary Portfolio Snapshot
The consolidated results reflect the performance across several subsidiaries. The following table details the financial status of various group entities for the quarter ended June 30, 2026:| Company Name | Type | Total Assets (Rs. in Lakhs) | Total Revenues (Rs. in Lakhs) | Net Profit / (Loss) after tax (Rs. in Lakhs) |
|---|---|---|---|---|
| Equivas Tech Innovation Limited | Wholly owned Subsidiary | 1.26 | Nil | (0.14) |
| Equippp Desi Investments Private Limited | Wholly owned Subsidiary | 298.99 | Nil | (1.48) |
| P4 Goods & Services Pvt.Ltd | Wholly owned Subsidiary | 12.34 | 1.33 | 0.92 |
| Technogen India Private Limited | Subsidiary | 1735.26 | 1,227.23 | 30.66 |
| Equippp Three Point O Labs Technologies Private Limited | Subsidiary | 155.86 | 1.17 | (7.85) |
| Equippp And SGIT JV LLP | Subsidiary | 1.00 | Nil | Nil |
| Equippp Technogen (SBU) Pvt.Ltd | Subsidiary | 0.09 | Nil | Nil |
| Equippp INC, USA | Subsidiary | Nil | Nil | Nil |
EQUIPPP Stock Price Movement
Shares of Equippp Social Impact Technologies Limited tumbled on Wednesday, settling at ₹20.25 as they shed 2.07% from the previous close. The equity recorded a total traded volume of 38,681 shares during the session.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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