Quarterly Result30 May 2026, 09:01 pm
Securekloud: FY26 Results Approved; Subsidiary Write-off
AI Summary
Securekloud Technologies Ltd's board approved the audited financial results for the year ended March 31, 2026. The board also approved the write-off of investments in its bankrupt US subsidiary, SecureKloud Technologies Inc., amounting to ₹10,112.19 lakhs. Additionally, K V Sudhakar, Chartered Accountants, was appointed as the Internal Auditors for the first half of FY26-27.
Key Highlights
- Audited financial results for FY26 approved with an unmodified audit opinion.
- ₹10,112.19 lakhs investment written off due to SecureKloud Technologies Inc. bankruptcy.
- Subsidiary contributed 36.84% to consolidated turnover and 77.39% to net worth in FY25.
- K V Sudhakar appointed as Internal Auditor for H1 FY26-27.
- Bankruptcy proceedings for SecureKloud Technologies Inc. completed on January 14, 2026.
Price Impact
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