Network People Services Technologies Board Approves Financial Results and Strengthens Governance

Network People Services Technologies Board Approves Financial Results and Strengthens Governance​

Network People Services Technologies Limited (NPST) announced key corporate actions and financial results following its Board meeting held on May 28, 2026. The board considered the audited standalone and consolidated financial results for the quarter and full year ended March 31, 2026, and approved several governance and operational updates.

Financial Performance Review​

The Board reviewed and approved the audited standalone and consolidated financial results for the quarter and financial year ending March 31, 2026.

For the fiscal year ended March 31, 2026, the standalone financial results showed total income of 6,791 Lakhs. The company reported a profit for the period of 1,234 Lakhs, resulting in basic earnings per share of 6.22.

The consolidated statement reflected total income of 6,846 Lakhs and reported a total comprehensive income of 1,232 Lakhs, with basic earnings per share of 6.17.

For a detailed comparison of the standalone and consolidated results, please see the following table:

Governance and Board Actions​

Several key governance matters were addressed by the board during the meeting:

• Dividend Recommendation: The board reviewed and recommended a final dividend of ₹2 per equity share (face value ₹10 each) for the financial year ended March 31, 2026, subject to the shareholders' approval at the ensuing Annual General Meeting.
• Director Changes: The board noted the resignation of Mr. Abhishek Mishra from the position of Independent Director, effective April 1, 2026. Subsequently, the company appointed Mr. Vijay Kumar Singh as the Additional Director (Independent).
• Committee Reconstitution: The board approved the reconstitution of the Audit Committee, Nomination and Remuneration Committee, Stakeholders' Relationship Committee, and Corporate Social Responsibility Committee.
• Internal Audit: M/s RVA & Associates LLP, Chartered Accountant, was re-appointed as the Internal Auditor for the financial year 2026-27 for a term of one year.
• Stock Option Allotment: The board approved the allotment of 12,850 equity shares, exercised through the 'NPST Employee Stock Option Plan 2023' for the fourth tranche, ending on March 31, 2026.

Financial Position Highlights​

The board also considered the company's financial statements, including the Statement of Assets and Liabilities, and the Statement of Cash Flow.

The total assets for the company stood at 50,755 Lakhs as at March 31, 2026, compared to 14,505 Lakhs as at March 31, 2025. Total equity stood at 44,065 Lakhs.

The company reported a Net Cash From Operating Activities of 4,663 Lakhs, significantly higher than the 2,873 Lakhs recorded in the prior year. The total cash and cash equivalents at the end of the year were 26,726 Lakhs.

NPST Stock Price Movement​

On Wednesday, Network People Services Technologies Limited shares slipped by 3.26% to close at ₹1027.60. The stock recorded 30,613 shares traded during the session.