Megasoft Limited — Board Meeting, 08-08-2025: Outcome of Board Meeting
08-08-2025 | 03:09 pm
08-08-2025 | 03:09 pm
Megasoft's board announced its Q1 FY26 meeting decisions. For the quarter ended June 30, 2025, the company reported a strong consolidated Profit After Tax of Rs 136.23 crore. This significant gain was primarily driven by a Rs 184.64 crore profit from the sale of a landed property. Key strategic moves include advancing the amalgamation scheme with Sigma Advanced Systems Private Limited, with a shareholder meeting scheduled. Additionally, Megasoft is divesting its entire stake in associate Extrovis AG, which is now classified as an asset held for sale.
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