GSS Infotech Reports Q1 Results: Standalone Profit of 20.49 and Consolidated Net Loss of 379.16 Lakhs

GSS Infotech Reports Q1 Results: Standalone Profit of 20.49 and Consolidated Net Loss of 379.16 Lakhs

GSS Infotech Reports Q1 Results: Standalone Profit of 20.49 and Consolidated Net Loss of 379.16 Lakhs​

GSS Infotech Limited released its unaudited financial results for the first quarter ended June 30, 2026, following a Board meeting where both standalone and consolidated results were reviewed and approved by the company's directors. The company reported diverse performance across its segments, with standalone operations showing profitability while consolidated figures indicated losses.

The company noted that the standalone financial results pertain to "software services" as the single reportable segment, while the consolidated results relate to "Software services" and "Trading Business." These results were reviewed by the Audit Committee.

Standalone Financial Performance Highlights​

GSS Infotech Limited's standalone performance for the quarter ended June 30, 2026, reflected a total income of 155.53 Lakhs. Revenue from operations stood at 153.78 Lakhs. The company reported a profit after tax of 20.49 Lakhs for the quarter.

The standalone results are detailed in the following table, showing performance across recent periods:

ParticularsQuarter ended June 30, 2026 (Unaudited)Quarter ended March 31, 2026 (Audited)Quarter ended June 30, 2025 (Unaudited)Year to Date June 30, 2026 (Unaudited)Year ended March 31, 2026 (Audited)
Income:
Revenue from operations153.78195.72197.64153.78809.05
Other Income1.750.781.971.7516.45
Total income155.53196.50199.61155.53825.50
Expenses:
Employee Benefits Expenses65.4078.4688.1565.40338.91
Finance Costs0.080.050.090.080.21
Depreciation & Amortization expenses0.430.620.490.432.22
Administrative & Other Expenses69.13140.2873.7569.13423.49
Total expense135.04219.41162.47135.04765.13
Profit before tax20.49(22.91)37.1420.4960.38
Tax expense:
Total Tax Expense-21.7228.54-55.85
Profit After Tax20.49(5,257.14)8.6020.49(5,207.98)

Consolidated Financial Performance Snapshot​

The consolidated results included the performance of several subsidiaries and showed a significant net loss for the period. Total income stood at 2,350.39 Lakhs, while total expenses reached 2,335.56 Lakhs. The group reported a total comprehensive loss of (379.16) Lakhs for the quarter ended June 30, 2026.

The consolidated performance data is as follows:

ParticularsQuarter ended June 30, 2026 (Unaudited)Quarter ended June 30, 2025 (Unaudited)Quarter ended March 31, 2026 (Audited)Year to date June 30, 2026 (Unaudited)Year ended March 31, 2026 (Audited)
Income:
Revenue from operations2,350.342,307.682,816.282,350.348,711.83
Revenue from Sale of Goods-100.84--100.84
Total Income2,350.392,408.952,821.262,350.398,993.90
Expenses:
Direct costs710.57850.13900.75710.572,236.92
Employee Benefits Expenses1,393.711,381.991,327.941,393.715,403.55
Finance Costs27.8524.6028.2527.85105.49
Depreciation & Amortization expenses55.3057.6255.4955.30226.83
Administrative & Other Expenses148.14217.16186.75148.14777.41
Total Expenses2,335.562,531.502,499.182,335.568,750.22
Profit before tax14.83(122.55)322.0814.83243.69
Tax expense:
Total Tax Expense-28.5424.00-70.80
Profit After Tax14.83(152.21)(4,914.43)14.83(5,039.62)

GSS Stock Price Movement​

GSS Infotech Limited shares rose today, closing at ₹13.34 after gaining 0.22%. The company’s stock saw a traded volume of 13,440 shares in the session.
 

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Editorial Note

This news article was written and created by Karthik, and published on IST.
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