IT Consulting & Software company TechNVision Ventures announced Q1FY27 results Consolidated Financial Highlights: Total Income: The company reported a total income of Rs 7,445.82 lakh in Q1FY27, reflecting a growth of 30.32% YoY compared to Rs 5,713.43 lakh in Q1FY26. On a QoQ basis, total income increased by 9.83% from Rs 6,779.53 lakh in Q4FY26. Revenue from Operations: Net sales for the quarter stood at Rs 7,358.01 lakh, an increase of 29.96% YoY from Rs 5,661.55 lakh in Q1FY26, and a 9.64% increase QoQ from Rs 6,710.98 lakh in Q4FY26. Net Profit: The company posted a net profit of Rs 282.06 lakh in Q1FY27, marking a significant turnaround from a net loss of Rs (423.50) lakh in Q4FY26. Compared YoY, net profit grew substantially from Rs 2.89 lakh in Q1FY26. Total Comprehensive Income: The total comprehensive income for the period attributable to owners was Rs 282.06 lakh in Q1FY27, as against a loss of Rs (423.50) lakh in Q4FY26 and a profit of Rs 2.89 lakh in Q1FY26. Earnings Per Share (EPS): Basic and diluted EPS for Q1FY27 was Rs 4.49, compared to a negative EPS of Rs (6.75) in Q4FY26 and Rs 0.05 in Q1FY26. Standalone Financial Highlights: Total Income: Standalone total income was Rs 674.06 lakh in Q1FY27, representing a YoY growth of 18.70% from Rs 567.89 lakh in Q1FY26. However, it declined by 10.41% QoQ from Rs 752.40 lakh in Q4FY26. Revenue from Operations: Standalone net sales reached Rs 647.17 lakh in Q1FY27, an 18.63% increase YoY compared to Rs 545.52 lakh in Q1FY26, but an 11.04% decrease QoQ from Rs 727.50 lakh in Q4FY26. Net Profit: Standalone net profit for the quarter was Rs 38.94 lakh, up by 215.56% YoY from Rs 12.34 lakh in Q1FY26 and up 295.33% QoQ from Rs 9.85 lakh in Q4FY26. Earnings Per Share (EPS): Standalone EPS stood at Rs 0.62 for Q1FY27, compared to Rs 0.16 in Q4FY26 and Rs 0.20 in Q1FY26. Business Highlights Segment Performance: The company operates primarily in a single business segment: software-related development services, products, and information technology-enabled services. Geographical Performance (Consolidated Revenue): Overseas: Revenue from overseas operations reached Rs 7,338.26 lakh in Q1FY27, a growth of 29.67% YoY from Rs 5,659.35 lakh in Q1FY26 and a 10.04% increase QoQ from Rs 6,686.11 lakh in Q4FY26. Domestic: Domestic revenue grew significantly to Rs 19.75 lakh in Q1FY27 from Rs 2.20 lakh in Q1FY26. Subsidiaries Inclusion: The consolidated results include the financial performance of SITI Corporation Inc.-USA, 5 Element Homes Private Ltd, Accel Force Pte Ltd-Singapore, Accelforce EU Ltd., Solix Technologies Inc., USA, Solix Softech Pvt Ltd, and Emagia Corp., USA. Exchange Rate Impact: For Q1FY27, the company considered an exchange conversion rate of 1 USD = INR 94.60 for its subsidiary companies, compared to 1 USD = INR 85.54 in the same period of the previous year. Result PDF