BSEResult6d ago · 31 Jul 2026, 12:26 pm
Results fo the Quarter Ended June 30, 2026
Shadowfax Technologies Ltd · 544685
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Shadowfax Technologies Ltd has announced its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, along with the resignation of Mr. Nitesh Lohiya, Chief Product Officer, effective August 07, 2026.
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Shadowfax Technologies Ltd - 544685 - Results For The Quarter Ended June 30, 2026
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~ SHADOWFAX
Think ahead!
July 31, 2026
National Stock Exchange of India Ltd BSE Limited
Exchange Plaza, C/1, Block G, P J Towers,
Bandra Kurla Complex, Dalal Street,
Bandra (East) Mumbai – 400 051 Mumbai – 400 001
NSE Symbol: SHADOWFAX BSE Scrip Code: 544685
Dear Sir/ Madam,
Sub: Outcome of Board Meeting
Pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligations and
Disclosure Requirements) Regulations, 2015, (“SEBI Listing Regulations”), we hereby inform
you that the Board of Directors (the "Board") of the Company, at its meeting held today has,
inter alia, considered and approved following:
• Unaudited standalone and consolidated financial results of the Company for the quarter
ended June 30, 2026, along with the Reports issued by the Statutory Auditors.
• Resignation of Mr. Nitesh Lohiya, Chief Product Officer who is categorized as Senior
Management Personnel of the Company, with effect from the close of business hours on
August 07, 2026.
The Board Meeting commenced at 10:35 a.m. (IST) and concluded at 11:59 a.m. (IST).
The above information is also being made available on the website of the Company at
https://www.shadowfax.in/investor-relations
Kindly take the above information on record.
For Shadowfax Technologies Limited
Name: Krishnakanth Venkata Gangavarapu
Designation: Company Secretary & Compliance Officer
ICSI Membership No. A17291
Encl.: As Above
Shadowfax Technologies Limited
(formerly known as Shadowfax Technologies Private Limited)
CIN - U72300KA2015PLC150324
Regd. Off: 3rd Floor, Shilpitha Tech Park, Sy No. 55/3 & 55/4, Outer Ring Road, Devarabisanahalli Village,
Bellandur, Varthur Hobli, Bangalore -560103, Karnataka, India
Website: www.shadowfax.in/ Tel: 080-64525653/ Email: cs@shadowfax.in
BS R & Co. LLP Embassy Golf Links Business Park
Pebble Beach, B Block, 3rd Floor
No. 13/2, off Intermediate Ring Road
Chartered Accountants
Bengaluru -560 071, India
Telephone: +91804682 3000
Fax: +91 80 4682 3999
Limited Review Report on unaudited consolidated financial results of Shadowfax
Technologies Limited (formerly known as Shadowfax Technologies Private Limited)
for the quarter ended 30 June 2026 pursuant to Regulation 33 of Securities and
Exchange Board of India (Listing Obligations and Disclosure Requirements)
Regulations, 2015, as amended
To the Board of Directors of Shadowfax Technologies Limited (formerly known as
Shadowfax Technologies Private Limited)
1. We have reviewed the accompanying Statement of unaudited consolidated financial results of
Shadowfax Technologies Limited (formerly known as Shadowfax Technologies Private Limited)
{hereinafter referred to as "the Parent"), and its subsidiary (the Parent and its subsidiary together
referred to as "the Group") for the quarter ended 30 June 2026 ("the Statement"), being submitted by
the Parent pursuant to the requirements of Regulation 33 of the Securities and Exchange Board of
India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ("Listing
Regulations").
Attention is drawn to the fact that the figures for the corresponding quarter ended 30 June 2025, as
reported in the Statement have been approved by the Parent's Board of Directors, but have not been
subjected to review.
2. This Statement, which is the responsibility of the Parent's management and approved by the Parent's
Boerd of Directors, has been prepared in accordance with the recognition and measurement
principles laid down in Indian Accounting Standard 34 "Interim Financial Reporting" ("Ind AS 34"),
prescribed under Section 133 of the Companies Act, 2013, and other accounting principles generally
accepted in India and in compliance with Regulation 33 of the Listing Regulations. Our responsibility
is to express a condusion on the Statement based on our review.
3. We conducted our review of the Statement in accordance with the Standard on Review Engagements
(SRE) 2410 Review of Interim Financial Information Performed by the Independent Auditor of the
Entity", issued by the Institute of Chartered Accountants of India. A review of interim financial
information consists of making inquiries, primarily of persons responsible for financial and accounting
matters, and applying analytical and other review procedures. A review is substantially less in scope
than an audit conducted in accordance with Standards on Auditing and consequently does not enable
us to obtain assurance that we would become aware of all significant matters that might be identified
in an audit. Accordingly, we do not express an audit opinion.
We also performed procedures in accordance with the circular issued by the Securities and Exchange
Board of India under Regulation 33(8) of the Listing Regulations, to the extent applicable.
4. The Statement includes the results of the following entities:
- Shadowfax Technologies Limited (formerly known as Shadowfax Technologies Private limited)
(Parent)
-Criticalog India Private Limited (Subsidiary)
5. Attention is drawn to the fact that the figures for the three months ended 31 March 2026 as reported
in the Statement are the balancing figure between audited figures in respect of the full previous
financial year and the published unaudited year to date figures up to the third quarter of the previous
financial year which were subject to limited review by us.
Regilrtorad Offla!:
B S R S Co. (a panriershlp finn with Reglllralfon No. BAS 1223) conve~ud tnll> B S R a. C<,. LLP (a 14th Floor, Central B Wing ar,d NorlhC W',ng, Nesco IT Park 4, Nac:o
Limftnd U~billty Partnorshll> wllh LlP Rer,iislrabon No. AAB-a181) with offect from Ociobor 14, 2013 Center, We11em exp,.. . Highway, Gcngaon (Eaol), I\A...,t,al • 400063
Page 1 of 2
BS R& Co. LLP
Limited Review Report (Continued)
Shadowfax Technologies Limited (formerly known as Shadowfax
Technologies Private Limited)
6. Based on our review conducted and procedures performed as stated in paragraph 3 above, nothing
has come to our attention that causes us to believe that the accompanying Statement, prepared in
accordance with the recognition and measurement principles laid down in the aforesaid Indian
Accounting Standard and other accounting principles generally accepted in India, has not disclosed
the information required to be disclosed in terms of Regulation 33 of the Listing Regulations, including
the manner in which it is to be disclosed, or that it contains any material misstatement.
For B S R & Co. LLP
Chartered Accountants
Firm's Registration No.:101248W/W-100022
Ashish Chadha
Partner
Bangalore Membership No.: 500160
31 July 2026 UDIN:26500160JZBDBR9163
Page 2 of 2
Shadowfax Technologies Limited (formerly known as Shadowfax Technologies Private Limited)
Registered office: 3rd Floor, Shilpitha Tech Park, Sy No. 55/3 & 55/4, Outer Ring Road, Devarabisanahalli Village, Bellandur,
Varthur Hobli, Bellandur, Bangalore, Karnataka, India, 560103
CIN: U72300KA2015PLC150324 Website: www.shadowfax.in
Statement of unaudited consolidated fuiancial results for the quarter ended 30 June 2026
Amount in Rs. Crores except data per share
Quarter ended Year ended
SI. Particulars 30 June 2026 31 March 2026 30 June 2025 31 March 2026
No (Unaudited) (Audited) (Unaudited) (Audited)
(Refer Note 7) <Refer Note 6)
1 Revenue from operations 1,358.12 1,237.09 823.54 4,202.44
Other Income 21.06 15.51 8.18 36.15
Total Income 1,379.18 1,252.60 831.72 4,238.59
2 Expenses
Employee benefits expense 123.56 112.05 83.11 392.50
Finance costs 7.67 6.45 3.50 19.88
Depreciation and amortisation expense 39.76 35.25 21.88 117.37
Other expenses 1,142.79 1,043.99 715.21 3,598.10
Total Expenses 1,313.78 1,197.74 823.70 4,127.85
3 Profit before tax (1-2) 65.40 54.86 8.02 110.74
4 Tax expense
Current tax
Deferred tax (0.97) (0.97)
5 Profit for the period/year (3-4) 65.40 55.83 8.02 111.71
6 Other comprehensive income
Items that will not be reclassified subsequently to profit or loss
-Actuarial gain/ (loss) on remeasurement of defined employee 0.03 (0.07) (0.38)
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