Meta Infotech Ltd

Meta Infotech Ltd announced its audited financial results for FY26. Revenue from Operations grew 23% YoY to ₹2,700 million. EBITDA decreased by 61% to ₹23 million in H2FY26 and decreased by 27% to ₹180 million for FY26. PAT decreased by 86% to ₹4 million in H2FY26 and decreased by 24% to ₹109 million for FY26. The company's order book stood at ₹5,060 Million as of May 27, 2026.

Meta Infotech Ltd has filed a statement of deviation or variation in utilization of funds raised through its IPO for the half year ended March 31, 2026. The audit committee reviewed the statement on May 27, 2026. The company raised ₹20,01,33,000 through IPO, including issue expenses of ₹2,52,84,000. Net proceeds to the company were ₹17,48,49,000. There was no deviation or variation in the use of funds. Unutilized proceeds of ₹2,11,22,000 have been temporarily invested in fixed deposits. Capital expenditure for new office premises and an interactive experience center remains unutilized due to pending occupancy certificate.

Meta Infotech Ltd's Board of Directors approved renting a coworking space in the Delhi NCR region during its meeting on May 27, 2026. This decision, pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, follows an earlier intimation regarding commencing operations in Delhi NCR through a work-from-home arrangement. The coworking space, located at 24A, Mindmill Corporate Tower, Film City, Sector 16A, Noida, will serve as the company's operational office for the region, effective June 1, 2026, as part of its business expansion and growth strategy.

Meta Infotech Ltd's Board of Directors approved the audited financial results for the half year and year ended March 31, 2026, based on the Audit Committee's recommendation. The auditor, M/s R K Jagetiya & Co, Chartered Accountants, issued an audit report with an unmodified opinion. The board also approved the re-appointment of M/s. Soni Punit & Associates as Internal Auditor for FY 2026-2027, a related party transaction with Niva Technologies Private Limited not exceeding ₹4.5 lakhs for FY 2026-2027, and reviewed the remuneration of the Wholetime Director and other key personnel. Additionally, the company approved renting a coworking office space in Noida for its Delhi NCR operations.

Meta Infotech Ltd has re-appointed M/s Soni Punit & Associates as its Internal Auditor for the financial year 2026-2027. The decision was made during a Board of Directors meeting held on May 27, 2026, following the recommendation of the Audit Committee. The board also approved the audited financial results for the half year and year ended March 31, 2026, and reviewed related party transactions and director remuneration.

Meta Infotech Ltd's Board of Directors approved the audited financial results for the half year and year ended March 31, 2026, following the Audit Committee's recommendation. The auditor's report, issued by M/s R K Jagetiya & Co, Chartered Accountants, has an unmodified opinion. The board also approved the re-appointment of M/s. Soni Punit & Associates as Internal Auditor for FY 2026-2027, a related party transaction with Niva Technologies Private Limited not exceeding ₹4.5 lakhs for FY 2026-2027, and reviewed the remuneration of the Wholetime Director and other key personnel. Additionally, the company approved renting a coworking office space in Noida for its Delhi NCR operations.

Meta Infotech Ltd has scheduled a Board of Directors meeting on May 27, 2026, to consider and approve the audited financial results of the company for the half year and year ended March 31, 2026. The trading window, which was previously closed, will remain closed until 48 hours after the declaration of the audited financial results.

Meta Infotech Ltd has announced the commencement of its sales operations in Hyderabad, effective April 20, 2026. The new operations will be conducted from their office located at Sri Varasiddi Enclave, Arunodaya Colony, Madhapur. This expansion into a new geographical location is expected to bolster the company's market reach and sales performance.

Meta Infotech Ltd has announced the commencement of its operations at a new Chennai location, effective April 14, 2026. This strategic move is part of the company's broader business expansion strategy. Currently, the operations at the Chennai facility are being conducted through a work-from-home arrangement. This expansion indicates the company's efforts to grow its geographical footprint and potentially enhance its market reach.

Meta Infotech Ltd has announced that it has received fresh and renewal orders amounting to Rs. 2.58 crores from a leading mutual fund and investment management company in the ordinary course of business. The orders are for cloud security subscription for the period from June 01, 2026 to May 31, 2027.