approval of financials for the quarter ended 30 june 2026

SOUTHERN INFOCONSULTANTS LIMITED CIN: L67120DL1994PLCOS9994 Registered office Address: 402A, Arunachal Building, 19 Barakhamba Road, New Delhi-110001, India Phone: +91-11-23354236, 43045402 E-mail: admin@southerninfoconsultants.com Website: www.southerninfoconsultants.com Datc: 14.08.2026 The Department of Corporate Services Bombay Stock Exchange Limited PJ Towers, Dalal Street, Mumbai-400001 BSE Code: 540174 Subject: Outcome of Board Meeting held on August 14", 2026 Dear Sir/M adam, Pursuant to Regulation 30 and 33 of SEBI (Listing Obligation and Disclosure Requirements) Regulations. 2015 read with Schedule II to the SEBI Regulations, we inform vou thạt board of dircctors of the Company, at their meeting held on Friday, 14" August, 2026 at 2:00 P.M. at its registered office, inter alia, has considered and approved the follovwing: 1 The Unaudited Standalone and Consolidated Financial Results as per the Indian Accounting Standards (IND AS)f or the quarter ended 30h June, 2026. 2. The limited review report of the Statutory Auditors on Unaudited Financial Results (Standalone & Consolidated) for the quarter ended 30h June. 2026. The Board meeting commenced at 2:00 p.m. and concluded at 4:30 p.m. Kindly take the above on your record and oblige. Thanking you, Yours faithfully, For Southern Infoconsultants Limited FOCONS OUTHEA (KrittBareja) Company Secretary and tpie Officer M.No.: A51320 MUKESH AGGARWAL & CHARTERED ACCOUNTANTS 102-103, 1JS Palace, X-320, Delhi Gate Bazar, Asaf Ali Road, New Delhi - 110002 +91-11- 43028025 Limited Review Report on uhaudited standalone financial results of Southern Infoconsultants Limited (Formerly Known as Southern Infosys Limited) for the quarter ended June 30, 2026 pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. The Board of Directors Southern Infoconsultants Limited (Formerly Known as Southern Infosys Limited) We have reviewed the accompanying statement of unaudited standalone financial results of Southern Infoconsultants Limited (Formerly Known as Southern Infosys Limited) having its registered office at 402-A Arunachal Building, 19, Barakhamba Road, Connaught Place, New Delhi - 110001 (the “Company”), for the quarter ended June 30, 2026 (the “Statement”), attached herewith, being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the “Listing Regulations, 2015”), as amended, including relevant circulars issued by SEBI from time to time. The Company's Management is responsible for the preparation of the Statement in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, (Ind AS 34) "Interim Financial Reporting" prescribed under Section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. The Statement has been approved by the Company's Board of Directors. Our responsibility is to express a conclusion on the statement based on our review. We concluded our review of the statement in accordance with the Standard on Review Engagement (SRE) 2410, “Review of Interim Financial Information Performed by the Independent Auditor of the Entity” issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement. 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 4. Based on our review conducted as above and subject to the audit qualification and emphasis of matter paragraph referred below as “Notes to Limited Review Report” in annexure ‘A’, nothing has come to our attention that causes us to believe that the Statement, prepared in accordance with the recognition and measurement principles laid down in aforesaid Indian accounting standards and other recognised accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended including the manner in which it is to be disclosed, or that it contains any material misstatement. Other Matter Attention is drawn to the fact that figures for the quarter ended 30th June, 2025 as reported in these financial results have been reviewed by other auditor. Our conclusion on the statement is not modified in respect of this matter. ANNEXURE ‘A’ NOTES TO LIMITED REVIEW REPORT 1. Basis for Qualified Opinion as per the audited standalone financial statement of the Company for the year ending March 31,2026 which need to be read with this report: The company is required to make provision for Gratuity in respect of its employees as required under Payment of Gratuity Act, 1972 by following accrual basis and ! conducting the valuation by following independent actuarial valuations as at the balance sheet date by using the project unit cost method as mandated by Indian Accounting Standard-19 (Ind AS 19) on Employee Benefits prescribed in the Companies (Indian Accounting Standards) Rules 2015, as amended. The company has not made any provision for Gratuity and the said non-provision is contravention of Ind AS 19. We are unable to ascertain the financial implication of the same. The net loss for the year and provisions are understated and cumulative net profits are overstated to that extent. 2. Emphasis of matter as per the audited standalone financial statement of the Company for the year ending March 31,2026 which need to be read with this report: a) The account balances of trade receivables and trade payables are subject to confirmation and reconciliation. The balances of such parties have been incorporated in the standalone financial statements at the value as per the books of account. The company, to the extent stated, has considered them as good and no balances are required to be written off/ written back against receivables/payables, except those already provided for in the books of accounts. To that extent, we are unable to ascertain financial implication of same in the standalone financial statements. b) The Company has disclosed MSME balances based on the information and confirmations available with the Company. However, the process and controls for identification of vendors covered under the Micro, Small and Medium Enterprises Development Act, 2006 require further strengthening. In view of the absence of a fully effective mechanism for identification and monitoring of MSME vendors, we have relied upon the representations provided by the management in respect of identification of MSME parties and related disclosures. ¢) As explained to us, the company had recorded work-in-progress (inventory) as at March 31, 2025 representing services already consumed, which are expected to contribute to future service delivery in the normal course of business in subsequent financial years. As a result, service expenses totalling Rs. 1,438.12 lakhs have been inventorized as at March 31, 2025. Out of this, services worth of Rs. 994.23 lakhs have been charged to statement of profitand loss during financial year 2025-26 and the balance amount of Rs. 443.89 lakhs are still lying in work-in-progress (inventory) as at March 31,2026. However, the Company has not provided supporting documents for the aforesaid recogni [Showing first 8,000 characters — download PDF for full document]