COSYN Ltd has re-appointed Mr. Aeruva Bhopal Reddy as Executive Director for a period of two years, effective from August 12, 2026. The decision was taken by the Board of Directors pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. In addition to the leadership continuity, the Board approved the issuance of a postal ballot notice for the appointment of Mrs. Madhuri Muddana as a Non-Executive Independent Director for a term of three consecutive years. Mr. Reddy holds DIN 01119839 and will prioritize strategic initiatives to drive revenue growth during his new term.
According to the latest unaudited consolidated financial results for Q1 FY27, COSYN reported net profit of ₹3.53 lakh for the quarter ended June 30, 2026, representing an increase from ₹2.56 lakh in Q4 FY26 and ₹3.73 lakh in Q1 FY26. The company's revenue from operations stood at ₹106.13 lakh during Q1 FY27, compared to ₹168.98 lakh in the previous quarter and ₹71.30 lakh in the corresponding quarter of the previous financial year. Total income was recorded at ₹111.89 lakh, while total expenses amounted to ₹108.69 lakh.
The company's profit before tax for the quarter was ₹3.20 lakh, with tax expense recorded at a net figure of ₹(0.33) lakh, which includes a deferred tax asset. Earnings per share (EPS) for the quarter were reported at ₹0.05 on a basic and diluted basis (not annualised). The profit before depreciation and tax (PBDT) declined 12% to ₹0.22 crore in Q1 FY27 from ₹0.25 crore in the corresponding quarter of the previous year, while profit before tax (PBT) also decreased 25% to ₹0.03 crore during the quarter. The operating profit margin (OPM) improved to 27.36% in Q1 FY27, compared to 45.07% in the corresponding quarter of the previous year.
The financial results show that COSYN's net profit increased significantly from ₹2.56 lakh in Q4 FY26 to ₹3.53 lakh in Q1 FY27, demonstrating improved profitability despite revenue fluctuations. The revenue from operations declined from ₹168.98 lakh in Q4 FY26 to ₹106.13 lakh in Q1 FY27, indicating typical seasonal patterns in the company's business cycle. The consolidated figures include the financial information of subsidiaries Cosyn LLC and Well To Desk Inc, with the auditors noting that the interim financial statements of these subsidiaries, which reflect nil revenue and nil profit, were not reviewed by their auditors but were not considered material to the Group.
