Softtech Engineers Reports Quarterly Results and Announces Key Management Appointments

Softtech Engineers Reports Quarterly Results and Announces Key Management Appointments

Softtech Engineers Reports Quarterly Results and Announces Key Management Appointments​

SoftTech Engineers Limited has announced the unaudited financial results for the quarter ended June 30, 2026, alongside significant corporate governance updates, including the re-appointment of an Independent Director and the appointment of a new Chief Growth Officer.

The company’s Board of Directors reviewed and approved these statements during a meeting held on August 12, 2026.

Financial Performance Highlights (Quarter ended June 30, 2026)​

SoftTech Engineers Limited reported its unaudited standalone and consolidated financial results for the quarter ending June 30, 2026. The performance data is available in the attached reports.

Key figures from the Unaudited Standalone Financial Results for the quarter ended June 30, 2026 (in lakhs) are:

MetricValue
Revenue from operations3,222.02
Total Income3,296.89
Profit before tax259.51
Profit after tax191.89

The Unaudited Consolidated Financial Results for the quarter ended June 30, 2026 (in lakhs) showed:

MetricValue
Revenue from operations3,328.46
Total Income3,385.52
Tax expense71.21
Profit for the year attributable to Owners of the Company (Qtr)103.41

Corporate Governance and Appointments​

The Board meeting on August 12, 2026, confirmed several strategic decisions regarding the company’s leadership structure:

  • Independent Director Re-appointment: Dr. Rakesh Kumar Singh was re-appointed as an Independent Director for a second consecutive term. His tenure is set from August 12, 2027 to August 11, 2032, subject to shareholder approval at the upcoming Annual General Meeting.
  • Chief Growth Officer Appointment: Mr. Rahul Gambhir was appointed as Chief Growth Officer and a Senior Management member of the Company, effective from August 17, 2026. Mr. Gambhir brings over three decades of experience leading business growth across global brands such as Johnson & Johnson, Tommy Hilfiger, Red Bull, and Monster Energy.

General Matters and Future Meetings​

The company announced that its 30th Annual General Meeting (AGM) is scheduled for Tuesday, September 29, 2026, which will be held via Video Conferencing (VC) and Other Audio-Visual Means (OAVM).

Furthermore, the Board confirmed there has been no deviation or variation in the utilization of proceeds from the preferential issue raised on October 05, 2022, as reported for the quarter ended June 30, 2026. The total funds utilized against this raising amounted to ₹ 24,47,54,158.

SOFTTECH Stock Price Movement​

On Wednesday, Softtech Engineers Limited stock slipped by 2.86%, settling at ₹411.35 after falling ₹12.10 from the previous close. The equity saw a total traded volume of 2,432 shares throughout the day.
 

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.

The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.

Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.

Last edited by a moderator:
Back
Top