Odyssey Corporation Limited’s Board of Directors convened on August 10, 2026, to approve the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The results, which have undergone a limited review by the Audit Committee and auditors, were formally adopted. The company also confirmed no deviation in the utilization of funds from a preferential allotment of equity shares.
Odyssey Corporation Board Approves Quarterly Financials
The Board of Directors of Odyssey Corporation Limited met on Monday, August 10, 2026, at 03:15 PM to consider and approve key financial items. The meeting, which concluded at 04:00 PM, saw the board give its go-ahead for the unaudited financial results for both standalone and consolidated entities for the quarter ended June 30, 2026. These results have been prepared in accordance with Indian Accounting Standards (Ind AS) and have been subject to a limited review by the company’s auditors.
Financial Highlights and Audit Review
The approved financial statements, including the limited review report, cover the period up to June 30, 2026. The accompanying audited financial results for the quarter ended June 30, 2026, indicate a standalone profit after tax of ₹642.12 lacs and a total comprehensive income of ₹1,238.11 lacs. For the consolidated entity, the profit after tax from continuing operations stood at ₹649.25 lacs with a total comprehensive income of ₹1,245.30 lacs. The auditors, ABN & Co., have expressed an unqualified opinion on the limited review of these results.
No Deviation in Fund Utilization
In addition to the financial results, Odyssey Corporation Limited also addressed the utilization of proceeds from a preferential issue of equity shares. The company confirmed that there was no deviation or variation in the use of proceeds from the allotment of equity shares issued on a preferential basis to the Promoter and Promoter Group. The funds raised amounted to Rs. 8,24,25,000/- on May 02, 2026, for purposes including working capital, capital expenditure, financing business opportunities, and general corporate purposes. The statement of deviation or variation, as required by SEBI regulations, was also submitted, confirming no material variance in fund utilization.
Source: BSE
