CSM Technologies has reported consolidated total income of Rs 43.25 crore for the quarter ended June 30, 2026, registering a 21.2 per cent year-on-year increase from Rs 35.69 crore in Q1 FY26.
The GovTech and enterprise digital transformation company reported a consolidated net loss of Rs 8.28 crore for the quarter, compared with a loss of Rs 7.35 crore in the corresponding period last year. The company said Q1 remains its seasonally weakest quarter, with revenue recognition typically weighted towards the second half of the financial year due to government project and budget cycles.
Despite the seasonal pressure, the consolidated PAT margin improved to -19.1 per cent from -20.6 per cent a year earlier, representing an improvement of 144 basis points.
At the standalone level, total income increased 27.4 per cent year-on-year to Rs 41.01 crore from Rs 32.18 crore. Standalone loss after tax narrowed 12.7 per cent to Rs 7.78 crore from Rs 8.91 crore in Q1 FY26.
CSM Technologies also secured a World Bank-funded contract worth Rs 3.21 crore in July 2026 to develop an Electronic Auctioning Platform for Malawi’s Public Private Partnership Commission.
During the quarter, the company’s paid-up equity share capital increased by 33.3 per cent to Rs 51.60 crore from Rs 38.70 crore.
The company continued investments in artificial intelligence, machine learning, cybersecurity, cloud, data analytics, automation and proprietary technology platforms. It is also expanding its digital transformation offerings across sectors including government and public services, mining, agriculture, education, healthcare, tourism and industry and trade facilitation.
Priyadarshi Pany, Chairman, Managing Director & CEO, CSM Technologies, said, “The first quarter is seasonally our lightest, and this year followed that established pattern. What we are encouraged by is the top line: total income grew 21.2 per cent year-on-year on a consolidated basis and 27.4 per cent at the standalone level, and our standalone loss narrowed by 12.7 per cent.”
Pany added that the company continues to invest in proprietary platforms, AI and data-led capabilities while expanding its presence across India and international markets. He said the company remains confident of delivering a strong full-year FY27, supported by its order book and strengthened balance sheet following its listing.
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