Megri Soft Reports Profit Growth Amid Revenue Decline
Megri Soft Limited announced its financial results for the fiscal year ending March 31, 2026, revealing a notable increase in net profit despite a decrease in revenue.
Annual Financial Performance
The company's consolidated annual revenue dropped by 18.10% to ₹295.82 Lakhs, down from ₹361.19 Lakhs in the previous year. However, consolidated annual net profit grew by 12.00%, reaching ₹62.17 Lakhs compared to ₹55.51 Lakhs in the prior year. This profit growth was achieved through strong cost control measures.
Fourth Quarter Rebound
In the fourth quarter of FY26, Megri Soft reported a consolidated revenue of ₹93.31 Lakhs. This represents a significant 35.17% increase compared to ₹69.03 Lakhs in the same quarter of the previous year, signaling a potential turnaround in business momentum.
Standalone Results and UK Subsidiary
The company's UK subsidiary contributed ₹54.96 Lakhs to the consolidated annual revenue. On a standalone basis, Megri Soft reported total revenue of ₹240.86 Lakhs and a net profit of ₹60.52 Lakhs for the full fiscal year. The standalone quarterly results for Q4 FY26 showed a total revenue of ₹78.40 Lakhs and a net profit of ₹22.14 Lakhs.
Investor Outlook and Risks
Investors will be closely watching for sustained revenue growth in the upcoming quarters to confirm the positive trend observed in Q4. The company's ability to maintain effective cost management will be critical. A key risk remains the 18.10% contraction in annual consolidated revenue, and the reliance on the UK subsidiary's performance presents a specific segment exposure.
Key Financial Metrics
- Consolidated Annual Total Revenue (FY26): ₹295.82 Lakhs (vs ₹361.19 Lakhs in FY25)
- Consolidated Annual Net Profit (FY26): ₹62.17 Lakhs (vs ₹55.51 Lakhs in FY25)
- Consolidated Q4 Revenue (FY26): ₹93.31 Lakhs (vs ₹69.03 Lakhs in Q4 FY25)
- Total Consolidated Annual Expenses (FY26): ₹212.09 Lakhs (vs ₹287.45 Lakhs in FY25)
- Total Equity (as of March 31, 2026): ₹2298.32 Lakhs
