Infinity Infoway Reports Q2 FY26 Unaudited Financial Results and Announces Secretarial Auditor Appointment
Infinity Infoway Ltd., a provider of customized integrated online ERP software solutions, has announced its unaudited financial results for the quarter ending June 30, 2026. The company's Board of Directors considered and approved these results during a meeting held on August 11, 2026.The company, which provides services in various modules such as Supply Chain Management (SCM) and Customer Relationship Management (CRM), has also announced the appointment of Mrs. Janvi Davda, Practicing Company Secretary based in Rajkot, as the Secretarial Auditor for the financial year 2026-27.
Financial Performance Highlights
The Board meeting addressed both the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026.Key figures from the unaudited Consolidated Profit and Loss statement for the quarter are detailed below:
| Particulars | Amount |
|---|---|
| Total Income (II+III) | 2,446.33 |
| Net Profit After Tax attributable to Owners of the Company | 70L.15 |
| Earnings per equity share (Basic) | 4.84 |
The unaudited Standalone Profit and Loss statement for the quarter ended June 30, 2026 showed:
| Particulars | Amount |
|---|---|
| Revenue from operations | 959.38 |
| Net Profit After Tax attributable to Owners of the Company | 263.88 |
| Earnings per equity share (Basic) | 4.84 |
IPO Proceeds Utilization and Compliance Update
The company provided details on the utilization of proceeds raised from its IPO, net off issue expenses amounting to Rs. 2,200.86 Lakhs. The funds were utilized across several key areas as verified by the independent auditor.The financial certificate provided by the Chartered Accountants shows the following status of proceeds:
| Object as Disclosed in Offer Document | Amount Disclosed (in Lakhs) | Actual Utilized Amount | Unutilized Amount as on 30-06-2026 |
|---|---|---|---|
| Development of Proprietary Solution "ZEROTOUCH DaaS" | 375.00 | 375.00 | - |
| Purchase of new IT Infrastructure and Certification | 260.56 | 260.56 | - |
| Funding of Tender Deposits and Earnest Money Deposits (EMD) | 400.00 | 195.25 | 204.75 |
| Funding the incremental Working Capital Requirements | 858.00 | 627.60 | 230.40 |
| General corporate purposes | 307.30 | - | 307.30 |
| Total | 2,200.86 | 1,458.41 | 742.45 |
Investor Complaints and Associated Companies
The company reported the status of its investor complaints during the quarter ended June 30, 2026:- Complaints pending at the beginning of the period: NIL
- Complaints received during the period: NIL
- Complaints disposed of during the period: NIL
- Complaints unresolved at the end of the period: NIL
Additionally, Infinity Infoway Ltd. holds an associate company, Infinitive Solution Pvt. Ltd., which is based in India and represents a 49.42% voting power as of June 30, 2026.
Stock Price Movement
As of 11:09, Infinity Infoway Ltd sees shares edging higher, currently trading at ₹423.60 after a 5.11% jump. The stock has demonstrated strong movement today, ranging from an intraday low of ₹402.90 to its current high of ₹423.60.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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