SecureKloud Technologies Announces Q1 Results, Details HCTI Stock Agreement
SecureKloud Technologies Limited has released its unaudited financial results for the quarter ended June 30, 2026. The company also reported significant details regarding an agreement with Healthcare Triangle Inc., USA (HCTI), and approved notices for future board meetings.The Board of Directors held a meeting on August 10, 2026, approving the unaudited financial results (both standalone and consolidated) along with the limited review report from statutory auditors for the quarter ended June 30, 2026. The company also approved the notice to convene its 41st Annual General Meeting scheduled for Friday, September 25, 2026, which will be conducted via video conferencing or other audio visual means (VC/OAVM).
Key Transaction Details with HCTI
The Audit Committee and the Board noted an agreement entered into between SecureKloud Technologies Inc. (SKTI), a wholly owned subsidiary of the company, and Healthcare Triangle Inc., USA (HCTI). This agreement is part of an Asset Transfer Agreement dated October 21, 2024. Under the terms, HCTI will issue 2,828,167 shares of its common stock to SecureKloud Technologies Limited or to its nominee, Blockedge Technologies Inc., a subsidiary of the company.The transaction is valued at approximately INR 42 Crore and was identified as a related party transaction governed by market price. The issuance relates to the conversion of Series B Convertible Preferred Stock issued to SKTI.
Consolidated Financial Performance
For the quarter ended June 30, 2026, SecureKloud Technologies Limited reported the following consolidated financial performance:| Metric | Q1 June 30, 2026 (Unaudited) | Q1 March 31, 2026 (Audited) | Q1 June 30, 2025 (Unaudited) | Year Ended March 31, 2026 (Audited) |
|---|---|---|---|---|
| Total Income | 1,358.60 | 711.45 | 1,124.42 | 3,914.20 |
| Total Expenses | 1,479.19 | 1,334.79 | 1,187.88 | 5,052.51 |
| Profit/(Loss) before tax | (137.72) | (765.35) | (14,012.85) | (14,000.68) |
| Net Profit/ (loss) after tax | (168.41) | (720.07) | (14,013.24) | (14,055.13) |
| Basic EPS | (0.51) | (1.60) | (41.94) | (40.04) |
Standalone Financial Performance
The unaudited standalone financial results for the quarter ended June 30, 2026 were as follows:| Metric | Q1 June 30, 2026 (Unaudited) | Q1 March 31, 2026 (Audited) | Q1 June 30, 2025 (Unaudited) | Year Ended March 31, 2026 (Audited) |
|---|---|---|---|---|
| Total Income | 580.57 | 95.58 | 979.02 | 2,371.38 |
| Total Expenses | 861.70 | 400.10 | 831.19 | 2,450.55 |
| Profit/(Loss) before tax | (298.26) | (446.53) | (12,572.54) | (12,941.54) |
| Net Profit/ (loss) after tax | (294.21) | (425.77) | (12,572.93) | (12,960.73) |
| Basic EPS | (0.88) | (1.00) | (37.63) | (38.51) |
Going Concern and Contingent Liabilities
The financial results noted material uncertainties regarding the company's ability to continue as a going concern in both its standalone and consolidated entities, due to persistent cash losses and constraints in meeting operational expenses. As of June 30, 2026, the company’s current liabilities exceeded total assets by approximately 1,551.23 lakhs (standalone) and 3,251 lakhs (consolidated).The management has committed that promoters will provide necessary financial support. Furthermore, the company identified the subsequent three quarters of the financial year 2026-27 as a critical period to evaluate operational turnaround; if expected improvements are not achieved, the management will reassess the going concern assumption and may prepare statements on a liquidation basis.
Contingent liabilities related to disputes under Goods and Services Tax and Income Tax laws were noted, with current statutory dues standing at 134.07 lakhs for GST and 312.59 lakhs for Income Tax as of June 30, 2026.
SECURKLOUD Stock Price Movement
Shares of SECUREKLOUD TECHNOLOGIES LIMITED rallied on Monday, closing up 1.24% to settle at ₹19.41 after gaining ₹0.24 during the session. The equity traded within a day range established between ₹18.53 and ₹19.75, with 39,169 shares recorded in total volume.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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