Saven Technologies reports financial results for September 2026 quarter

Saven Technologies Limited has submitted its unaudited financial results for the quarter and half-year ended September 30, 2026. The company reported total income of ₹555.24 Lakhs for the quarter, with a net profit after tax of ₹102.74 Lakhs. For the half-year, total income stood at ₹1,050.35 Lakhs, and net profit after tax was ₹178.09 Lakhs. The company also provided a statement on the non-applicability of Regulation 23(9).

Saven Technologies Announces Quarterly Financials

Saven Technologies Limited has officially released its unaudited financial results for the quarter and half-year period concluding on September 30, 2026. These results, prepared in accordance with Indian Accounting Standards (Ind AS), have been reviewed by statutory auditors and approved by the Board of Directors.

Quarterly Performance Highlights

For the quarter ended September 30, 2026, Saven Technologies reported a total income of ₹555.24 Lakhs, a notable increase from the ₹487.27 Lakhs reported in the same period last year. The company’s profit before tax for the quarter stood at ₹137.39 Lakhs, and the net profit after tax was ₹102.74 Lakhs.

Half-Yearly Financial Overview

The financial performance for the half-year ended September 30, 2026, also showed positive trends. Total income reached ₹1,050.35 Lakhs compared to ₹1,024.14 Lakhs in the prior year’s corresponding period. Profit before tax for the half-year was ₹238.09 Lakhs, with a net profit after tax of ₹178.09 Lakhs.

Key Financial Metrics

The unaudited statement of assets and liabilities as of September 30, 2026, shows total assets of ₹2,519.92 Lakhs and total equity and liabilities of the same amount. Key figures include non-current assets of ₹1,416.37 Lakhs and current assets of ₹1,103.55 Lakhs. Total equity stands at ₹2,353.45 Lakhs.

Cash Flow Position

The Cash Flow Statement for the half-year ended September 30, 2026, indicates net cash generated from operating activities of ₹103.29 Lakhs. Investing activities resulted in a net cash outflow of ₹6.65 Lakhs. The net increase in cash and cash equivalents for the period was ₹120.71 Lakhs, bringing the total cash and bank balances at the end of the quarter to ₹561.82 Lakhs.

Disclosure on Related Party Transactions

In a separate disclosure, Saven Technologies stated that Regulation 23 sub-regulation 9 of SEBI (Listing Obligation and Disclosure Requirements) Regulations 2015, pertaining to disclosures of related party transactions, is not applicable to the company. This is due to the company’s paid-up equity share capital not exceeding Rupees Ten Crore and Net Worth not exceeding Rupees Twenty Five Crore as of the last day of the previous financial year.

Audit Review

The Independent Auditor’s Review Report confirms that the accompanying statement of unaudited financial results has been reviewed in accordance with the Standard on Review Engagement (SRE) 2410. The auditors found no material misstatements and concluded that the statements are prepared in accordance with applicable accounting standards.

Source: BSE

Previous Article

Lloyds Enterprises posts Q2 FY27 net profit of ₹5.32 crore