Skytech Infinite Platform Limited had its board meeting on 12th November 2026. The meeting started at 10:30 AM and concluded at 1:00 PM. In this meeting, the board approved the unaudited financial results for half year ended 30th September 2026 and also the cash flow statement and limited review report.
All numbers in the results are in Thousands. Company showed three periods - six months ended 30th September 2026, six months ended 30th September 2025, and full year ended 31st March 2026.
Income Details for Half Year
For six months ended 30th September 2026, revenue from work was Rs 1,88,185.35 thousand and other income was Rs 2,717.89 thousand. So total income was Rs 1,90,903.25 thousand.
For six months ended 30th September 2025, total income was Rs 1,61,636.19 thousand. This had revenue Rs 1,58,179.21 thousand and other income Rs 3,456.98 thousand.
For full year ended 31st March 2026, total income was Rs 5,21,410.01 thousand. This had revenue Rs 5,16,450.02 thousand and other income Rs 4,960.00 thousand.
Expense Details
For September 2026 half year, company spent Rs 2,21,361.95 thousand in total.
- Cost of material consumed Rs 1,74,993.83 thousand
- Change in inventory of raw material and finished goods Rs -46,036.40 thousand which is saving
- Employee salary expense Rs 40,067.31 thousand
- Depreciation expense Rs 3,349.97 thousand
- Finance cost or interest Rs 3,130.94 thousand
- Other expenses Rs 45,856.30 thousand
Other expenses includes one-time branding and strategic expense of Rs 34,000 thousand. This is non-recurring nature and will not come again. For September 2025 half year, total expense was Rs 1,60,143.16 thousand. For March 2026 full year, total expense was Rs 4,62,761.11 thousand.
Profit and Loss
- Profit before tax and exceptional items for Sep 2026 was loss Rs -30,458.71 thousand. For Sep 2025 it was profit Rs 1,493.03 thousand. For full year March 2026 it was profit Rs 58,648.91 thousand.
- There was no exceptional item and no prior period expense and no extraordinary item.
- So profit before tax was same loss Rs -30,458.71 thousand for Sep 2026.
- Tax expense: Current tax Rs -429.04 thousand means refund and deferred tax Rs 612.67 thousand. For Sep 2025 current tax was Rs 293.492 thousand. For March 2026 full year current tax was Rs 17,691.00 thousand and deferred tax was Rs -1,090.49 thousand.
- Final profit for period from continuing operations was loss Rs -30,029.67 thousand for Sep 2026. For Sep 2025 it was profit Rs 586.86 thousand and for March 2026 it was profit Rs 42,048.40 thousand.
- There was no profit from discontinuing operations.
- Final profit or loss for the period was same loss Rs -30,029.67 thousand.
- Earning per share with face value Rs 10: Basic and Diluted both Rs -3.0578 for Sep 2026, Rs 0.0854 for Sep 2025, and Rs 6.1161 for full year March 2026.
Balance Sheet - Company Money Position
As on September 30, 2026 and March 31, 2026:
Shareholders Funds: Share capital Rs 98,206.00 thousand now, earlier Rs 68,750.00 thousand. Reserves and surplus Rs 2,73,369.18 thousand now, earlier Rs 1,21,445.16 thousand.
Non-current liabilities: Long-term borrowings Rs 20,303.53 thousand now, earlier Rs 27,520.86 thousand. Long-term provisions Rs 15,907.89 thousand now, earlier Rs 14,587.93 thousand.
Current liabilities: Short-term borrowings Rs 14,983.37 thousand now, earlier Rs 65,024.14 thousand. Trade payables to micro small enterprises Rs 38,135.17 thousand now, earlier Rs 59,514.36 thousand. To other creditors Rs 44,444.24 thousand now, earlier Rs 87,956.97 thousand. Other current liabilities Rs 9,220.71 thousand now, earlier Rs 18,952.28 thousand. Short-term provisions Rs 1,373.70 thousand now, earlier Rs 11,933.89 thousand.
Total Equity and Liabilities: Rs 5,15,943.77 thousand now, earlier Rs 4,75,685.59 thousand.
Non-current Assets: Property Plant and Equipment Rs 61,090.33 thousand now, earlier Rs 62,920.22 thousand. Non-current investments Rs 82,580.43 thousand now, earlier Rs 982.86 thousand. Deferred tax asset Rs 5,596.51 thousand now, earlier Rs 5,167.48 thousand. Long-term loans and advances Rs 25.60 thousand both times. Other non-current assets Rs 6,333.22 thousand now, earlier Rs 5,814.47 thousand.
Current Assets: Inventories Rs 1,35,719.89 thousand now, earlier Rs 86,631.29 thousand. Trade receivables Rs 2,09,677.07 thousand now, earlier Rs 2,77,124.33 thousand. Cash and cash equivalents Rs 1,089.16 thousand now, earlier Rs 32,912.72 thousand. Short-term loans and advances Rs 3,597.93 thousand now, earlier Rs 3,591.25 thousand. Other current assets Rs 10,233.62 thousand now, earlier Rs 515.37 thousand.
Total Assets: Rs 5,15,943.77 thousand now, earlier Rs 4,75,685.59 thousand. Same as liabilities.
Note: Company used securities premium account for share issue related expenses as per Section 52(2) of Companies Act 2013.
Cash Flow - Cash In and Out
For six months ended Sep 30, 2026 and year ended March 31, 2026: From Operating Activities, profit after tax was loss Rs -30,029.68 thousand now and profit Rs 42,048.39 thousand earlier. Adjustments for depreciation Rs 3,349.97 thousand and Rs 5,956.12 thousand, tax expense Rs -429.04 thousand and Rs -1,090.49 thousand, finance cost Rs 3,130.94 thousand and Rs 6,821.52 thousand, interest income from deposits Rs -904.53 thousand and Rs -2,806.34 thousand. Operating profit before working capital changes was Rs -24,882.34 thousand now and Rs 48,821.85 thousand earlier.
Then working capital changes: Trade receivables decreased and gave Rs 67,447.26 thousand now, Inventories increased and used Rs -49,088.60 thousand, Short term loans and advances Rs -6.69 thousand, Other current assets Rs -9,718.26 thousand, Long-term loans and advances Rs -518.75 thousand, Non-current assets Rs -518.75 thousand, Short and long-term provisions gave Rs 9,240.24 thousand, Trade payables decreased Rs -64,891.92 thousand, Other current liabilities decreased Rs -9,731.57 thousand. Cash used in operations was Rs -1,00,631.10 thousand now and Rs -16,560.14 thousand earlier. So net cash used in operating activities was same.
From Investing Activities: Purchase of property plant and equipment Rs -1,520.08 thousand now and Rs -12,013.47 thousand earlier, Net investments in deposits with banks Rs -81,597.57 thousand now and Rs 3,548.72 thousand earlier, Interest income from deposits Rs 904.53 thousand now and Rs 2,806.34 thousand earlier. Net cash used in investing was Rs -82,213.12 thousand now and Rs -693.70 thousand earlier.
From Financing Activities: Short-term borrowings decreased Rs -50,040.78 thousand now and increased Rs 33,438.50 thousand earlier, Long-term borrowings decreased Rs -7,217.33 thousand now and increased Rs 5,200.60 thousand earlier, Receipt of IPO issue proceeds Rs 2,26,861.20 thousand now, Issue expenses paid Rs -15,401.50 thousand, Finance cost Rs -3,130.94 thousand now and Rs -6,821.52 thousand earlier. Net cash generated from finance was Rs 1,51,020.65 thousand now and Rs 31,817.59 thousand earlier.
Final Cash: Net decrease in cash was Rs -31,823.55 thousand now and increase Rs 14,563.74 thousand earlier. Cash at beginning was Rs 32,912.71 thousand now and Rs 18,348.98 thousand earlier. Cash at end was Rs 1,089.16 thousand now and Rs 32,912.71 thousand earlier. Cash flow made with indirect method as per Accounting Standard 3.
Auditor Report
Auditor is Ranga and Co. Chartered Accountants, Partner K Sivaguru Prasada Rao, Membership No. 028115, UDIN 26028115TPXWDY1823, Date 12.11.2026, Place Bangalore. They reviewed the statement for half year ended 30th Sep 2026. They said management is responsible for making it and board approved it as per Accounting Standard 25 Interim Financial Reporting. They reviewed as per Standard on Review Engagements SRE 2410. This review is not full audit, only inquiries and analytical procedures, so it gives moderate assurance. Based on review, nothing came to their attention that results are not as per accounting standards or has material misstatement.