Digitide Solutions Limited — Audit Report / Information 2026

May 18, 2026

digitide

May 18, 2026

To,

BSE Limited,
1st Floor, New Trading Ring,
Rotunda Building, PJ Towers,
Dalal Street, Mumbai – 400 001
Security Code – 544413

National Stock Exchange of India Limited
Exchange Plaza,
Bandra-Kurla Complex,
Bandra (East), Mumbai – 400 051
NSE Symbol – DIGITIDE

Dear Sir/Madam,

Sub: Outcome of the Board meeting of the Company held on Monday, May 18, 2026

This is to inform you that the Board of Directors (“Board”) at their meeting held today, i.e., Monday, May 18, 2026, has inter alia, considered and approved the Annual Audited Financial Results (Standalone and Consolidated) of the Company prepared as per Indian Accounting Standard (Ind-AS) for the fourth quarter and financial year ended March 31, 2026 along with Auditor’s Report thereon with unmodified opinion pursuant to Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), a copy of which is enclosed herewith.

Further, a declaration as required under Regulation 33(3)(d) of the Listing Regulations signed by the Chief Financial Officer of the Company is also enclosed herewith.

This disclosure is made in compliance with Regulation 30 of the Listing Regulations and will also be made available on the Company’s website: www.digitide.com

The meeting commenced at 07:00 P.M and concluded at 08:50 P.M.

This is for your information and records.

Yours sincerely,

For Digitide Solutions Limited

NEERAJ
MANCHAN
DA

Digitide Agent by
NEERAJ
www.neeraj.com
Date: 2016.05.18
Code as: 145130

Neeraj Manchanda
Company Secretary & Compliance Officer
Membership No. A20060

Encl: a/a

Digitide Solutions Limited
Registered Address: New Municipal No. 1, Sri Subramanya Plaza (SS Plaza), 29th Main Road, BTM
Layout 1st stage, Ring Road, Bengaluru, Bengaluru urban, Karnataka, 560068
Tel: 080-6105 6000 | CIN: L62099KA2024PLC184626 | Website: www.digitide.com

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Deloitte Haskins & Sells

Chartered Accountants
Prestige Trade Tower, Level 19
46, Palace Road, High Grounds
Bengaluru - 560 001
Karnataka, India
Tel: +91 80 6188 6000
Fax: +91 80 6188 6011

INDEPENDENT AUDITOR'S REPORT ON AUDIT OF ANNUAL CONSOLIDATED FINANCIAL RESULTS AND REVIEW OF QUARTERLY FINANCIAL RESULTS

TO THE BOARD OF DIRECTORS OF DIGITIDE SOLUTIONS LIMITED

Opinion and Conclusion

We have (a) audited the Consolidated Financial Results for the year ended 31 March 2026 and (b) reviewed the Consolidated Financial Results for the quarter ended 31 March 2026 (refer ‘Other Matters’ section below), which were subject to limited review by us, both included in the accompanying “Statement of Consolidated Financial Results for the Quarter and Year Ended 31 March 2026 of Digitide Solutions Limited (the “Holding Company”) and its subsidiaries (the Holding Company and its subsidiaries together referred to as the “Group”), (the “Statement”), being submitted by the Holding Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the “LODR Regulations”).

(a) Opinion on Annual Consolidated Financial Results

In our opinion and to the best of our information and according to the explanations given to us, and based on the consideration of the audit reports of the other auditors on separate/consolidated financial statements of subsidiaries referred to in Other Matters section below, the Consolidated Financial Results for the year ended 31 March 2026:

(i) includes the financial results of the as specified in Annexure 1 of the report
(ii) are presented in accordance with the requirements of the LODR Regulations; and
(iii) gives a true and fair view in conformity with the recognition and measurement principles laid down in the Indian Accounting Standards and other accounting principles generally accepted in India of the consolidated net profit and consolidated other comprehensive income and other financial information of the Group for the year ended 31 March 2026.

(b) Conclusion on Unaudited Consolidated Financial Results for the quarter ended 31 March 2026

With respect to the Consolidated Financial Results for the quarter ended 31 March 2026, based on our review conducted and procedures performed as stated in paragraph (b) of Auditor’s Responsibilities section below and based on the consideration of the review reports of the other auditors referred to in Other Matters section below, nothing has come to our attention that causes us to believe that the Consolidated Financial Results for the quarter ended 31 March 2026, prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standards and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the LODR Regulations including the manner in which it is to be disclosed, or that it contains any material misstatement.

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Deloitte Haskins & Sells

Basis for Opinion on the Audited Consolidated Financial Results for the year ended 31 March 2026

We conducted our audit in accordance with the Standards on Auditing ("SA"s) specified under Section 143(10) of the Companies Act, 2013 (the "Act"). Our responsibilities under those Standards are further described in paragraph (a) of Auditor's Responsibilities section below. We are independent of the Group, in accordance with the Code of Ethics issued by the Institute of Chartered Accountants of India (the "ICAI") together with the ethical requirements that are relevant to our audit of the Consolidated Financial Results for the year ended 31 March 2026 under the provisions of the Act and the Rules thereunder, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the ICAI's Code of Ethics. We believe that the audit evidence obtained by us and the audit evidence obtained by the other auditors in terms of their reports referred to in Other Matters section below, is sufficient and appropriate to provide a basis for our audit opinion.

Management's and Board of Directors' Responsibilities for the Statement

This Statement, which includes the Consolidated Financial Results is the responsibility of the Holding Company's Board of Directors and has been approved by them for the issuance. The Consolidated Financial Results for the year ended 31 March 2026, has been compiled from the related audited consolidated financial statements. This responsibility includes the preparation and presentation of the Consolidated Financial Results for the quarter and year ended 31 March 2026 that give a true and fair view of the consolidated net loss/profit and consolidated other comprehensive loss/income and other financial information of the Group in accordance with the recognition and measurement principles laid down in the Indian Accounting Standards, prescribed under Section 133 of the Act, read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the LODR Regulations.

The respective Board of Directors of the companies included in the Group are responsible for maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding the assets of the Group and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and the design, implementation and maintenance of adequate internal financial controls, that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the respective financial results that give a true and fair view and are free from material misstatement, whether due to fraud or error, which have been used for the purpose of preparation of this Consolidated Financial Results by the Directors of the Holding Company, as aforesaid.

In preparing the Consolidated Financial Results, the respective Board of Directors of the companies included in the Group are responsible for assessing the ability of the respective entities to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the respective Board of Directors either intends to liquidate their respective entities or to cease operations, or has no realistic alternative but to do so.

The respective Board of Directors of the companies included in the Group are responsible for overseeing the financial reporting process of the Group.

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Deloitte Haskins & Sells

Auditor's Responsibilities

(a) Audit of the Consolidated Financial Results for the year ended 31 March 2026

Our objectives are to obtain reasonable assurance about whether the Consolidated Financial Results for the year ended 31 March 2026 as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with SAs will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of this Consolidated Financial Results.

As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional skepticism throughout the audit. We also:

• Identify and assess the risks of material misstatement of the Annual Consolidated Financial Results, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.

• Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of such controls.

• Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates made by the Board of Directors.

• Evaluate the appropriateness and reasonableness of disclosures made by the Board of Directors in terms of the requirements specified under Regulation 33 of the LODR Regulations.

• Conclude on the appropriateness of the Board of Directors’ use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the ability of the Group to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor’s report to the related disclosures in the Consolidated Financial Results or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor’s report. However, future events or conditions may cause the Group to cease to continue as a going concern.

• Evaluate the overall presentation, structure and content of the Annual Consolidated Financial Results, including the disclosures, and whether the Annual Consolidated Financial Results represent the underlying transactions and events in a manner that achieves fair presentation.

• Perform procedures in accordance with the circular issued by the SEBI under Regulation 33(8) of the LODR Regulations to the extent applicable.

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Deloitte Haskins & Sells

• Obtain sufficient appropriate audit evidence regarding the Annual Standalone Financial Results of the entities within the Group to express an opinion on the Annual Consolidated Financial Results. We are responsible for the direction, supervision and performance of the audit of financial information of such entities included in the Annual Consolidated Financial Results of which we are the independent auditors. For the other entities included in the Annual Consolidated Financial Results, which have been audited by the other auditors, such other auditors remain responsible for the direction, supervision and performance of the audits carried out by them. We remain solely responsible for our audit opinion.

Materiality is the magnitude of misstatements in the Annual Consolidated Financial Results that, individually or in aggregate, makes it probable that the economic decisions of a reasonably knowledgeable user of the Annual Consolidated Financial Results may be influenced. We consider quantitative materiality and qualitative factors in (i) planning the scope of our audit work and in evaluating the results of our work; and (ii) to evaluate the effect of any identified misstatements in the Annual Consolidated Financial Results.

We communicate with those charged with governance of the Holding Company and such other entities included in the Consolidated Financial Results of which we are the independent auditors regarding, among other matters, the planned scope and timing of the audit and significant audit findings including any significant deficiencies in internal control that we identify during our audit.

We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards.

(b) Review of the Consolidated Financial Results for the quarter ended 31 March 2026

We conducted our review of the Consolidated Financial Results for the quarter ended 31 March 2026 in accordance with the Standard on Review Engagements (SRE) 2410 'Review of Interim Financial Information Performed by the Independent Auditor of the Entity', issued by the ICAI. A review of interim financial information consists of making inquiries, primarily of the Company's personnel 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 SAs specified under section 143(10) of the Act 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.

The Statement includes the results of the entities as listed under paragraph (a)(i) of Opinion and Conclusion section above.

We also performed procedures in accordance with the circular issued by the SEBI under Regulation 33(8) of the LODR Regulations, to the extent applicable.

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Deloitte Haskins & Sells

Other Matters

• The Statement includes the results for the quarter ended 31 March 2026 being the balancing figure between audited figures in respect of the full financial year and the published year to date figures up to the third quarter of the current financial year which were subject to limited review by us.

Our report is not modified in respect of this matter.

• We did not audit the financial statements / financial information of 7 subsidiaries included in the consolidated financial results, whose financial statements / financial information reflect total assets of Rs. 4,466.64 as at 31 March 2026 and total revenues of Rs 3,061.99 millions and Rs. 11,705.12 millions for the quarter and year ended 31 March 2026 respectively, total net profit after tax of Rs 107.07 millions and Rs 106.77 millions for the quarter and year ended 31 March 2026 respectively and other comprehensive loss of Rs 16.13 millions and Rs. 6.16 millions for the quarter and year ended 31 March 2026 respectively and net cash flows of Rs. 222.85 millions for the year ended 31 March 2026, as considered in the Statement. These financial statements / financial information have been audited by other auditors whose reports have been furnished to us by the Management and our opinion and conclusion on the Statement, in so far as it relates to the amounts and disclosures included in respect of these subsidiaries is based solely on the reports of the other auditors and the procedures performed by us as stated under Auditor's Responsibilities section above.

Our report on the Statement is not modified in respect of the above matters with respect to our reliance on the work done and the reports of the other auditors.

• The consolidated financial results includes the unaudited financial information of 3 subsidiaries, whose financial information reflect total assets of Rs. 236.46 million as at 31 March 2026 and nil revenue for the quarter and year ended 31 March 2026 respectively, total net loss after tax of Rs 3.15 millions and Rs. 6.85 millions for the quarter and year ended 31 March 2026 respectively and other comprehensive loss of Rs 5.56 millions and nil for the quarter and year ended 31 March 2026 respectively and net cash outflows of Rs. 0.41 millions for the year ended 31 March 2026, as considered in the Statement. These financial information are unaudited and have been furnished to us by the Management and our opinion and conclusion on the Statement, in so far as it relates to the amounts and disclosures included in respect of these subsidiaries, is based solely on such unaudited financial information. In our opinion and according to the information and explanations given to us by the Board of Directors, these financial information are not material to the Group.

Our report on the Statement is not modified in respect of the above matter with respect to our reliance on the financial information certified by the Board of the Directors.

For DELOITTE HASKINS & SELLS
Chartered Accountants
(Firm's Registration No. 008072S)

Gurvinder Singh
Partner
Membership No.110128
UDIN: 26110128CETTFR7307

Place: Bengaluru
Date: 18 May 2026

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Deloitte Haskins & Sells

Annexure 1:

Nature	S. No.	Entity Name
Subsidiaries/ step down subsidiaries	1	Alldigi Tech Limited
	2	Alldigi Tech Inc, USA
	3	Alldigi Tech Manila Inc., Philippines
	4	Brainhunter Systems Limited
	5	Heptagon Technologies Private Limited
	6	MFXchange US, Inc.
	7	MFXchange Holdings, Inc.
	8	Mindwire Systems Limited
	9	Quess Corp (USA) Inc.
	10	Quess GTS Canada Holdings Inc.
	11	Digitide IT Solutions L.L.C S.O.C

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Digitide Solutions Limited Registered Office: New Municipal No.1 SS Plaza 29 Main, Rd BTM Layout 1st stage Ring Rd, Madivala, Bangalore, Bangalore South, Karnataka, India -560068 CIN No. L62099KA2024PLC184626
Statement of consolidated unaudited financial results for the quarter and year ended 31 March 2026 (INR in millions)
Sl. No.	Particulars	Consolidated
		Quarter ended			Year ended
		March 2026	December 2025	March 2025	March 2026	For the period ended 10 February 2024 to 31 March 2025 (Financial year)
		(Refer Note 2)	(Unaudited)	(Refer Note 3)	(Audited)	(Audited)
1	Income
	a) Revenue from operations	7,999.52	7,803.03	7,325.22	30,801.81	32,687.27
	b) Other income	51.99	23.91	63.33	163.58	192.26
	Total income (a + b)	8,051.51	7,836.94	7,388.55	30,965.39	32,870.52
2	Expenses
	a) Cost of material and stores and spare parts consumed	-	-	-	-	14.26
	b) Employee benefits expense	5,911.75	5,754.84	5,345.50	22,711.85	23,162.57
	c) Finance costs	146.60	120.13	105.25	510.26	483.56
	d) Depreciation and amortization expense	664.08	490.53	483.93	2,121.67	2,207.73
	e) Other expenses	1,208.79	1,172.71	1,160.54	4,658.31	4,782.38
	Total expenses (a + b + c + d + e)	7,931.22	7,538.21	7,099.22	30,802.09	30,650.52
3	Profit before exceptional items and tax (1 - 2)	120.29	298.73	289.33	963.30	2,229.01
4	Exceptional items loss (refer note 6)	161.18	258.59	294.98	647.59	278.79
5	(Loss)/profit before tax (3 - 4)	(40.89)	40.14	(5.65)	315.71	1,950.22
6	Tax (expense)/credit
	Current tax	(138.09)	(120.90)	(23.31)	(449.88)	(586.75)
	Income tax relating to previous year	70.49	(2.36)	-	68.13	7.19
	Deferred tax	58.44	62.62	15.08	121.49	6.82
	Tax (expense)/credit	(9.16)	(60.64)	(8.23)	(266.26)	(572.74)
7	(Loss)/profit for the period (5 + 6)	(50.05)	(20.50)	(13.88)	55.45	1,377.48
8	Other comprehensive (loss)/income
	(i) Items that will not be reclassified subsequently to profit or loss
	Re-measurement (house)/ gain on defined benefit plans	(64.26)	148.27	(29.38)	61.80	(53.64)
	Income tax relating to items that will not be reclassified to profit or loss	16.88	(37.24)	2.41	(14.48)	7.02
	(ii) Items that will be reclassified subsequently to profit or loss
	Foreign exchange differences on translating financial statements of foreign operations	65.75	24.32	3.27	162.54	50.73
	Net change in fair value of forward contracts designated as cash flow hedges	(48.04)	(4.04)	-	(58.67)	-
	Income tax relating to items that will be reclassified to profit or loss	6.99	1.00	-	9.69	-
	Other comprehensive (loss)/income for the period, net of taxes	(22.68)	132.31	(23.70)	160.88	4.11
9	Total comprehensive (loss)/income for the period (7 + 8)	(72.73)	111.81	(37.58)	216.33	1,381.59
10	(Loss)/profit attributable to:
	Owners of the Company	(126.96)	(76.05)	(92.91)	(163.50)	1,155.77
	Non-controlling interests	76.91	55.55	79.03	218.95	221.71
	Total (loss)/profit for the period	(50.05)	(20.50)	(13.88)	55.45	1,377.48
11	Other comprehensive income/(loss) attributable to:
	Owners of the Company	(20.33)	131.72	(20.72)	159.07	6.00
	Non-controlling interests	12.35)	0.59	(2.98)	1.81	(1.89)
	Total other comprehensive (loss)/income for the period	(22.68)	132.31	(23.70)	160.88	4.11
12	Total comprehensive (loss)/income attributable to:
	Owners of the Company	(147.29)	55.66	(113.63)	(4.43)	1,161.77
	Non-controlling interests	74.56	56.15	76.05	220.76	219.82
	Total comprehensive (loss)/income for the period	(72.73)	111.81	(37.58)	216.33	1,381.59
13	Paid-up equity share capital	1,490.01	1,489.49	1,489.49	1,490.01	1,489.49
14	(Face value of INR 10.00 per share)
	Reserves i.e. Other equity				6,891.08	6,829.97
15	(Loss)/earning per equity share	(not annualised)	(not annualised)	(not annualised)	(annualised)	(annualised)
	(a) Basic (in INR)	(0.85)	(0.51)	(0.82)	(1.10)	7.78
	(b) Diluted (in INR)*	(0.85)	(0.51)	(0.62)	(1.10)	7.72

See accompanying notes to the financial results.
*Since Basic EPS is negative, the Diluted Loss per share will be same as Basic loss per share for the quarter ended March 2025, December 2025 and March 2026 and year ended 31 March 2026.

1

CIRCULATIONAL INFORMATION

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| Digitide Solutions Limited
Registered Office: New Municipal No.1 SS Plaza 29 Main, Rd BTM Layout 1st stage Ring Rd, Madivala, Bangalore,
Bangalore South, Karnataka, India -560068
CIN No. L62099KA2024PLC184626 | | | |
| --- | --- | --- | --- |
| Consolidated Balance Sheet as at 31 March 2026 | | (INR in millions) | |
| Particulars | As at
31 March 2026 | As at
31 March 2025 | |
| | | (Audited) | (Audited) |
| A | ASSETS | | |
| 1 | Non-current assets | | |
| | Property, plant and equipment | 1,935.07 | 1,670.28 |
| | Right-of-use assets | 4,274.65 | 2,609.66 |
| | Capital work-in-progress | 18.59 | 63.48 |
| | Goodwill | 2,236.34 | 2,126.73 |
| | Other intangible assets | 319.86 | 427.91 |
| | Intangible assets under development | 22.37 | 26.08 |
| | Financial assets | | |
| | Investments | 15.28 | 15.47 |
| | Other financial assets | 416.48 | 510.77 |
| | Deferred tax assets (net) | 540.97 | 421.67 |
| | Income tax assets (net) | 452.23 | 200.10 |
| | Other non-current assets | 154.69 | 190.80 |
| Total non-current assets | 10,386.53 | 8,262.95 | |
| 2 | Current assets | | |
| | Investments | 591.19 | 827.26 |
| | Trade receivables | | |
| | Billed | 4,467.20 | 4,352.27 |
| | Unbilled | 2,118.60 | 1,193.90 |
| | Cash and cash equivalents | 1,934.96 | 1,835.56 |
| | Bank balances other than cash and cash equivalents above | 42.87 | 8.57 |
| | Loans | 1.25 | 1.36 |
| | Other financial assets | 283.13 | 201.38 |
| | Other current assets | 533.11 | 534.76 |
| | Total current assets | 9,972.31 | 8,955.06 |
| Total Assets | 20,358.84 | 17,218.01 | |
| B | EQUITY AND LIABILITIES | | |
| 1 | Equity | | |
| | Equity share capital | 1,490.01 | 1,489.49 |
| | Other equity | 6,891.08 | 6,829.97 |
| | Total equity attributable to equity holders of the Company | 8,381.09 | 8,319.46 |
| | Non-controlling interests | 780.32 | 802.95 |
| 2 | Total equity | 9,161.41 | 9,122.41 |
| | Liabilities | | |
| | Non-current liabilities | | |
| | Financial liabilities | | |
| | Borrowings | 414.72 | 50.77 |
| 3 | Lease liabilities | 3,306.71 | 1,904.79 |
| | Non-current provisions | 710.95 | 391.84 |
| | Total non-current liabilities | 4,432.38 | 2,347.40 |
| | Current liabilities | | |
| | Financial liabilities | | |
| | Borrowings | 329.66 | 579.35 |
| | Trade payables | 681.21 | 741.46 |
| | Lease liabilities | 1,257.36 | 1,004.34 |
| | Other financial liabilities | 3,772.09 | 2,448.32 |
| | Income tax liabilities (net) | 20.56 | 112.26 |
| 3 | Current provisions | 175.41 | 179.29 |
| | Other current liabilities | 528.76 | 683.18 |
| | Total current liabilities | 6,765.05 | 5,748.20 |
| | Total Liabilities | 11,197.43 | 8,095.60 |
| | Total Equity and Liabilities | 20,358.84 | 17,218.01 |

See accompanying notes to the financial results

DIGITIDE SOLUTION LIMITED

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| Digitide Solutions Limited
Registered Office: New Municipal No.1 55 Plaza 29 Main, Rd RTM Layout 1st stage Ring Rd, Madivale, Bangalore,
Bangalore South, Karnataka, India -560068
CIN No. L42099RA2024PLC184626 | | |
| --- | --- | --- |
| Consolidated statement of cashflows for the year ended 31 March 2026
(Amount in INR millions) | | |
| Particulars | For the Year ended | |
| | 31 March 2026
(Audited) | For the period ended 10
February 2024 to 31 March
2025 (Financial year)
(Audited) |
| Cash flows from operating activities | | |
| Profit after Tax | 55.45 | 1,377.48 |
| Adjustments to reconcile net profit to net cash provided by operating activities: | | |
| Tax expense | 260.26 | 572.76 |
| Interest on income tax refunds | - | (21.86) |
| Exceptional items | 412.23 | 48.27 |
| Interest income on term deposits | (46.76) | (60.70) |
| Profit: (loss) on sale of property, plant and equipment, net | (2.60) | (9.16) |
| Gain on sale of investments in mutual funds | (93.23) | - |
| Fair value loss/gain) on financial assets designated at fair value through profit or loss | 43.68 | (38.07) |
| Employee stock option cost | 48.45 | 51.75 |
| Finance costs | 510.26 | 483.56 |
| Depreciation and amortisation expense | 2,121.67 | 2,207.75 |
| Expected (reversal) credit /allowance on financial assets | (77.79) | 182.36 |
| Foreign exchange (gain)/loss, net | (53.85) | (20.99) |
| Operating profit before working capital changes | 3,177.77 | 4,773.15 |
| Changes in operating assets and liabilities | | |
| Changes in trade receivables and unbilled revenue | (961.84) | (555.63) |
| Changes in loans, other financial assets and other assets | (30.88) | 329.44 |
| Changes in trade payables | (60.25) | 302.42 |
| Changes in other financial liabilities, other liabilities and provisions | 1,228.48 | (733.50) |
| Cash generated from operations | 3,353.28 | 4,115.88 |
| Income tax paid, net | (728.18) | (431.45) |
| Net cash flows from operating activities (A) | 2,625.10 | 3,684.43 |
| Cash flows from investing activities | | |
| Expenditure on property, plant and equipment and intangibles | (1,053.23) | (797.44) |
| Proceeds from sale of property plant and equipment | 2.60 | 17.66 |
| Net proceeds from sale / (purchase) of current Investments in mutual fund, net | 285.81 | (226.37) |
| Payment towards Security deposit | (43.42) | - |
| Redemption/ (Placement) of bank deposits (net) | 125.14 | (180.61) |
| Proceeds from sale of division of a subsidiary | - | 227.30 |
| Interest received on term deposits | 65.85 | 13.11 |
| Net cash used in investing activities (B) | (617.25) | (946.45) |
| Cash flows from financing activities | | |
| Repayments of long term borrowings | 363.95 | 33.19 |
| Proceeds from short term borrowings, net | (249.69) | (654.71) |
| Proceeds from share application money pending allotment | 1.41 | - |
| Repayment of lease liabilities | (1,680.81) | (1,713.77) |
| Payment of dividend to non-controlling interest of subsidiary | (239.72) | (180.44) |
| Interest paid | (106.59) | (78.95) |
| Net cash used in financing activities (C) | (1,908.45) | (2,594.68) |
| Net increase/(decrease) in cash and cash equivalents (A+B+C) | 99.40 | 143.30 |
| Cash and cash equivalents transferred due to scheme of arrangement (Refer note 7) | - | 1,692.97 |
| Cash and cash equivalents at the beginning of the period | 1,835.56 | - |
| Effect of exchange rate fluctuations on cash and cash equivalents | - | (0.71) |
| Cash and cash equivalents at the end of the period | 1,934.96 | 1,835.56 |
| Components of cash and cash equivalents :
(Amount in INR millions) | | |
| Particulars | For the year ended | |
| | 31 March 2026
(Audited) | For the period ended 10
February 2024 to 31 March
2025 (Financial year)
(Audited) |
| Cash and cash equivalents | | |
| Cash in hand | 0.12 | 0.10 |
| Balances with banks | | |
| In current accounts | 1,932.98 | 1,811.12 |
| In EEFC accounts | 1.86 | 24.34 |
| Cash and cash equivalents as per consolidated balance sheet | 1,934.96 | 1,835.56 |

See accompanying notes to the financial results.

1

A

FEDERAL DEPARTMENT OF AGRICULTURE

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Digitide Solutions Limited Registered Office: New Municipal No.1 SS Plaza 29 Main, Rd BTM Layout 1st stage Ring Rd, Madivala, Bangalore, Bangalore South, Karnataka, India -560068 CIN No. L62099KA2024PLC184626
Statement of consolidated unaudited segment wise revenue, results, assets and liabilities for the quarter and year ended 31 March 2026 (INR in million)
Sl. No.	Particulars	Consolidated
		Quarter ended			Year ended
		March 2026	December 2025	March 2025	March 2026	For the period ended 10 February 2024 to 31 March 2025 (Financial year)
		(Refer Note 2)	(Unaudited)	(Refer note 3)	(Audited)	(Audited)
1	Segment revenue
	a) Business Process Management	5,507.62	5,448.19	5,366.15	21,700.11	23,930.03
	b) Tech and Digital	2,491.90	2,354.84	1,959.07	9,101.70	8,757.24
	Total Income from operations	7,999.52	7,803.03	7,325.22	30,801.81	32,687.27
2	Segment results
	a) Business Process Management	897.13	855.41	771.93	3,489.82	4,017.87
	b) Tech and Digital	300.56	226.02	179.94	933.39	1,088.61
	Total	1,197.68	1,081.43	951.87	4,423.20	5,106.48
	Less: (i) Unallocated corporate expenses	318.69	205.95	132.69	991.54	378.42
	Less: (ii) Depreciation and amortisation expense	664.09	490.53	487.93	2,121.68	2,207.75
	Less: (iii) Finance costs	146.60	120.13	105.25	510.26	483.56
	Add: (iv) Other income	51.99	33.91	63.33	163.58	192.26
	Profit before exceptional items and tax	120.29	298.73	289.33	963.30	2,229.01
	Less: Exceptional items (refer note 6)	161.18	258.59	294.98	647.59	278.79
	Total profit before tax	(40.89)	40.14	(5.65)	315.71	1,950.22
3	Segment assets
	a) Business Process Management	12,991.19	11,239.25	10,314.82	12,991.19	10,314.82
	b) Tech and Digital	4,001.96	4,214.95	3,289.68	4,001.96	3,289.68
	c) Unallocated	3,365.69	2,957.14	3,613.51	3,365.69	3,613.51
	Total	20,358.84	18,411.34	17,218.01	20,358.84	17,218.01
4	Segment liabilities
	a) Business Process Management	6,777.56	5,762.67	6,124.65	6,777.56	6,124.65
	b) Tech and Digital	1,994.91	1,922.25	941.70	1,994.91	941.70
	c) Unallocated	2,424.96	1,395.16	1,029.25	2,424.96	1,029.25
	Total	11,197.43	9,080.08	8,095.60	11,197.43	8,095.60

See accompanying notes to the financial results

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Appendix - 1

Nature	S. No. Entity name
Subsidiary/Step-subsidiary:	1 Alldigi Tech Limited
2 Alldigi Tech Inc. USA
3 Alldigi Tech Manila Inc., Philippines
4 Brainhunter Systems Limited
5 Hopsugon Technologies Private Limited
6 MFXchange US, Inc.
7 MFXchange Holdings, Inc.
8 Mindwire Systems Limited
9 Qures Corp (USA) Inc.
10 Qures GTS Canada Holdings Inc.
11 Digitide IT Solutions L.L.C S.O.C

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Digitide Solutions Limited
Registered Office: New Municipal No.1 SS Plaza 29 Main, Rd BTM Layout 1st stage Ring Rd, Madivala, Bangalore,
Bangalore South, Karnataka, India -560068
CIN No. L62099KA2024PLC184626

Notes for the quarter and the year ended 31 March 2026:

1. The consolidated financial results of Digitide Solutions Limited (“the Company”) including its subsidiaries (collectively known as the “Group”) (as mentioned in Appendix I to these notes) for the quarter and year ended 31 March 2026 have been recommended by the audit committee and approved by the Board at their respective meeting held on 18 May 2026. The statutory auditors have expressed an unqualified review conclusion on the financial results for the quarter ended 31 March 2026 and have expressed an unqualified opinion on the financial results for the year ended 31 March 2026. These consolidated financial results have been extracted from the consolidated financial information.

2. The Statement includes the results for the quarter ended 31 March 2026, being the balancing figure of audited figures in respect of the full financial year and published unaudited year-to-date figures upon the end of the third quarter of the financial year.

3. The Statement includes the results for the quarter ended 31 March 2025 being the balancing figures in respect of the full financial year and audited figures in respect of the period ended 31 December 2024 after giving effect to the Scheme of Arrangement as explained in Note 7. Audit for the period 10 February 2024 to 31 December 2024 was conducted for the purpose of filing the Information Memorandum.

4. The consolidated financial results have been prepared in accordance with the recognition and measurement principles laid down in the applicable accounting standards prescribed under Section 133 of the Companies Act, 2013, read with the Companies (Indian Accounting Standards) Rules, 2015, as amended, and in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.

5. The Company got listed on Bombay Stock Exchange (“BSE”) and National Stock Exchange (“NSE”) on 11 June 2025. The consolidated audited financial results and the review report of the Statutory Auditors is being filed with BSE and NSE and will be made available on the Company’s website www.digitide.com.

6. Effective 31 November 2025, the Government of India notified the four new Labour Codes, replacing the existing 29 labour laws. Based on the guidance issued by the Institute of Chartered Accountants of India, along with the Central Rules and FAQs released by the Ministry of Labour & Employment, the Group has assessed and disclosed the incremental impact on its employee benefit liabilities arising from these changes using the best information currently available.

The Group has considered restructured compensation of its employees with effect from April 1st, 2026, and assessed the impact of the changes, consistent with the Labour Codes, rules and FAQs. Considering the materiality and regulatory driven, non-recurring nature of this impact, the Group has presented incremental impact of INR 158.45 million and INR 412.23 million related to Employee Benefit Obligations under “Exceptional item” in the consolidated financial results for quarter and year ended March 31, 2026 respectively.

During the quarter and year ended 31 March 2026, the Group incurred certain demerger expenses, professional services and stamp duty aggregating to INR 2.70 millions and INR 235.36 millions, respectively, which have been included under “Exceptional items”.

1. In accordance with the composite scheme of arrangement between Quess Corp Limited (“Demerged Company”), Digitide Solutions Limited (“Resulting Company 1”) and Bluspring Enterprises Limited (“Resulting Company 2”) and their respective shareholders and creditors (referred to “Scheme of Arrangement”) the demerged Company carried out the activities of Transferred Businesses 1 (including its subsidiaries) in trust for the Company up to effective date i.e. 31 March 2025. The comparative financial information of the Company have been prepared as of and for the period from 10 February 2024 (Date of Incorporation) to 31 March 2025, in accordance with Appendix C to Ind AS 103 “Business Combinations” by using the financial information maintained by the Demerged Company.

2. Alldigi Tech Limited, a subsidiary of the company has opted to avail deduction under Section 80M of Income Tax Act, 1961 in respect of dividend income received from its wholly owned subsidiary, Alldigi Tech Manila Inc., Philippines. Consequently, Alldigi Tech Limited was creating provision for tax against Foreign Tax Credit claim on such dividend income for FY 2022-23 to FY 2025-26. Considering favourable conclusion of the scrutiny assessment proceedings for FY 2022-23 and expiry of the statutory time limit for scrutiny assessment for FY 2023-24, the provision created towards Foreign Tax Credit claim for FY 2022-23 and FY 2023-24 amounting to INR 103.10 million was reversed during the current quarter ended 31 March 2026.

3. The Group has incorporated a wholly owned subsidiary “Digitide IT Solutions L.L.C S.O.C” in the mainland of Dubai, United Arab Emirates on March 11, 2026, with an authorized capital of AED 300,000. This entity will be engaged in the business of providing IT services and infrastructure support services to its customers.

for and on behalf of Board of Directors of Digitide Solutions Limited

Garment Singh Chahal
Chief Executive Officer and Executive Director
DIN: 10997957
Place: Bengaluru
Date: 18 May 2026

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Deloitte Haskins & Sells

Chartered Accountants
Prestige Trade Tower, Level 19
46, Palace Road, High Grounds
Bengaluru - 560 001
Karnataka, India
Tel: +91 80 6188 6000
Fax: +91 80 6188 6011

INDEPENDENT AUDITOR'S REPORT ON AUDIT OF ANNUAL STANDALONE FINANCIAL RESULTS AND REVIEW OF QUARTERLY FINANCIAL RESULTS

TO THE BOARD OF DIRECTORS OF DIGITIDE SOLUTIONS LIMITED

Opinion and Conclusion

We have (a) audited the Standalone Financial Results for the year ended 31 March 2026 and (b) reviewed the Standalone Financial Results for the quarter ended 31 March 2026 (refer ‘Other Matters’ section below), which were subject to limited review by us, both included in the accompanying “Statement of Standalone Financial Results for the Quarter and Year Ended 31 March 2026” of Digitide Solutions Limited (the “Company”), (the “Statement”), being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the “LODR Regulations”).

(a) Opinion on Annual Standalone Financial Results

In our opinion and to the best of our information and according to the explanations given to us, the Standalone Financial Results for the year ended 31 March 2026:

i. are presented in accordance with the requirements of the “LODR Regulations”; and

ii. gives a true and fair view in conformity with the recognition and measurement principles laid down in the Indian Accounting Standards and other accounting principles generally accepted in India of the net profit and other comprehensive income and other financial information of the Company for the year then ended.

(b) Conclusion on Unaudited Standalone Financial Results for the quarter ended 31 March 2026

With respect to the Standalone Financial Results for the quarter ended 31 March 2026, based on our review conducted as stated in paragraph (b) of Auditor’s Responsibilities section below, nothing has come to our attention that causes us to believe that the Standalone Financial Results for the quarter ended 31 March 2026, prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standards and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of the “LODR Regulations” including the manner in which it is to be disclosed, or that it contains any material misstatement.

Basis for Opinion on the Audited Standalone Financial Results for the year ended 31 March 2026

We conducted our audit in accordance with the Standards on Auditing (“SA”s) specified under Section 143(10) of the Companies Act, 2013 (the “Act”). Our responsibilities under those Standards are further described in paragraph (a) of Auditor’s Responsibilities section below. We are independent of the Company in accordance with the Code of Ethics issued by the Institute of Chartered Accountants of India (the “ICAI”) together with the ethical requirements that are relevant to our audit of the Standalone Financial Results for the year ended 31 March 2026 under the provisions of the Act and the Rules thereunder, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the ICAI’s Code of Ethics.

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Deloitte Haskins & Sells

We believe that the audit evidence obtained by us is sufficient and appropriate to provide a basis for our audit opinion.

Management’s and Board of Directors’ Responsibilities for the Statement

This Statement which includes the Standalone Financial Results is the responsibility of the Company’s Board of Directors and has been approved by them for the issuance. The Standalone Financial Results for the year ended 31 March 2026 has been compiled from the related audited standalone financial statements. This responsibility includes the preparation and presentation of the Standalone Financial Results for the quarter and year ended March 31, 2026 that give a true and fair view of the net profit and other comprehensive loss/income and other financial information in accordance with the recognition and measurement principles laid down in the Indian Accounting Standards prescribed under Section 133 of the Act read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the LODR Regulations. This responsibility also includes maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding the assets of the Company and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and the design, implementation and maintenance of adequate internal financial controls that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the Standalone Financial Results that give a true and fair view and is free from material misstatement, whether due to fraud or error.

In preparing the Standalone Financial Results, the Board of Directors is responsible for assessing the Company’s ability, to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Board of Directors either intends to liquidate the Company or to cease operations, or has no realistic alternative but to do so.

The Board of Directors is also responsible for overseeing the financial reporting process of the Company.

Auditor’s Responsibilities

(a) Audit of the Standalone Financial Results for the year ended 31 March 2026

Our objectives are to obtain reasonable assurance about whether the Standalone Financial Results for the year ended 31 March 2026 as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with SAs will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of this Standalone Financial Results.

/

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Deloitte Haskins & Sells

As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional skepticism throughout the audit. We also:

• Identify and assess the risks of material misstatement of the Standalone Financial Results for the year ended 31 March 2026, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.

• Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Company's internal control.

• Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates made by the Board of Directors.

• Evaluate the appropriateness and reasonableness of disclosures made by the Board of Directors in terms of the requirements specified under Regulation 33 of the LODR Regulations.

• Conclude on the appropriateness of the Board of Directors' use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the ability of the Company to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor's report to the related disclosures in the Statement or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor's report. However, future events or conditions may cause the Company to cease to continue as a going concern.

• Evaluate the overall presentation, structure and content of the Annual Standalone Financial Results, including the disclosures, and whether the Annual Standalone Financial Results represent the underlying transactions and events in a manner that achieves fair presentation.

• Obtain sufficient appropriate audit evidence regarding the Annual Standalone Financial Results of the Company to express an opinion on the Annual Standalone Financial Results.

Materiality is the magnitude of misstatements in the Annual Standalone Financial Results that, individually or in aggregate, makes it probable that the economic decisions of a reasonably knowledgeable user of the Annual Standalone Financial Results may be influenced. We consider quantitative materiality and qualitative factors in (i) planning the scope of our audit work and in evaluating the results of our work; and (ii) to evaluate the effect of any identified misstatements in the Annual Standalone Financial Results.

We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings including any significant deficiencies in internal control that we identify during our audit.

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Deloitte Haskins & Sells

We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards.

(b) Review of the Standalone Financial Results for the quarter ended 31 March 2026

We conducted our review of the Standalone Financial Results for the quarter ended 31 March 2026 in accordance with the Standard on Review Engagements ("SRE") 2410 'Review of Interim Financial Information Performed by the Independent Auditor of the Entity', issued by the ICAI. A review of interim financial information consists of making inquiries, primarily of the Company's personnel 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 SAs specified under section 143(10) of the Act 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.

Other Matter

• The Statement includes the results for the quarter ended 31 March 2026 being the balancing figure between audited figures in respect of the full financial year and the published year to date figures up to the third quarter of the current financial year which were subject to limited review by us. Our report is not modified in respect of this matter.

For DELOITTE HASKINS & SELLS
Chartered Accountants
Firm's Registration No. 0080725

Gurvinder Singh
Partner
Membership No.110128
UDIN: 26110128KUDWAT2045

Place: Bengaluru
Date: 18 May 2026

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Digitide Solutions Limited Registered Office: New Municipal No.1 SS Plaza 29 Main, Rd BTM Layout 1st stage Ring Rd, Madivala, Bangalore, Bangalore South, Karnataka, India -560068 CIN No. L62099KA2024PLC184626
Statement of standalone financial results for the quarter and year ended ended 31 March 2026 (INR in millions except per share data)
Sl. No.	Particulars	Standalone
		Quarter ended			Year Ended
		31 March 2026	31 December 2025	31 March 2025	31 March 2026	For the period ended 10 February 2024 to 31 March 2025 (Financial year)
		(Refer Note 2)	(Unaudited)	(Refer Note 3)	(Audited)	(Audited)
1	Income
	a) Revenue from operations	4,978.18	4,957.92	4,628.40	19,339.22	20,672.44
	b) Other income	365.33	10.70	19.40	742.41	574.19
	Total income (a + b)	5,343.51	4,968.62	4,647.80	20,081.63	21,246.63
2	Expenses
	a) Cost of material and stores and spare parts consumed	-	-	-	-	14.26
	b) Employee benefits expense	3,830.74	3,720.21	3,428.92	14,677.72	15,067.06
	c) Finance costs	111.27	91.91	78.88	387.94	383.33
	d) Depreciation and amortisation expense	466.34	309.19	293.50	1,388.10	1,418.91
	e) Other expenses	682.02	719.06	649.15	2,734.72	2,682.15
	Total expenses (a + b + c + d + e)	5,090.37	4,840.37	4,450.45	19,188.48	19,565.71
3	Profit before exceptional items and tax (1 - 2)	253.14	128.25	197.35	893.15	1,680.92
4	Exceptional items loss (refer note 6)	123.20	218.41	286.97	569.44	462.69
5	Profit/(loss) before tax (3 - 4)	129.94	(90.16)	(89.62)	323.71	1,218.23
6	Tax (expense)/credit
	Current tax	(61.88)	(44.70)	10.97	(168.73)	(293.00)
	Income tax relating to previous year	(32.60)	-	-	(32.60)	7.20
	Deferred tax	33.07	53.70	18.22	89.57	10.91
	Tax (expense)/credit	(61.41)	9.00	29.19	(111.76)	(274.89)
7	Profit/(Loss) for the period (5+6)	68.53	(81.16)	(60.43)	211.95	943.34
8	Other Comprehensive (loss)/income
	Items that will not be reclassified subsequently to profit or loss		0.02
	Re-measurement gain/(losses) on defined benefit plans	(75.03)	147.96	(16.33)	53.91	(27.69)
	Income tax relating to items that will not be reclassified to profit or loss	18.88	(37.23)	4.02	(13.56)	6.88
	Total Other Comprehensive (loss)/income	(56.15)	110.73	(12.31)	40.35	(20.81)
9	Total comprehensive income/loss for the period (7 + 8)	12.38	29.57	(72.74)	252.30	922.53
10	Paid-up equity share capital	1,490.11	1,489.49	1,489.49	1,490.11	1,489.49
11	(Face value of INR 10.00 per share)
	Reserves i.e. Other equity				7,500.49	7,189.34
12	Earning/(loss) per equity share	(not annualised)	(not annualised)	(not annualised)	(annualised)	(annualised)
	(a) Basic (in INR)	0.46	(0.54)	(0.41)	1.42	6.35
	(b) Diluted (in INR)*	0.46	(0.54)	(0.41)	1.42	6.30

See accompanying notes to the standalone financial results
* Since Basic EPS is negative, the Diluted loss per share will be same as Basic loss per share for the quarter ended 31 December 2025 and 31 March 2025.

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| Digitide Solutions Limited
Registered Office:New Municipal No.1, Sri Subramanya Plaza,29th Main road, BTM Layout 1st stage, Ring road, Bengaluru
Bengaluru urban, Karnataka -560068
CIN No. L62099KA2024PLC184626 | | | |
| --- | --- | --- | --- |
| Standalone Balance Sheet as at 31 March 2026
(INR in millions) | | | |
| Particulars | As at
31 March 2026 | As at
31 March 2025 | |
| | | (Audited) | (Audited) |
| A | ASSETS | | |
| 1 | Non-current assets | | |
| | Property, plant and equipment | 1,555.87 | 1,282.20 |
| | Right-of-use assets | 2,569.50 | 1,969.48 |
| | Capital work in progress | 18.59 | 63.46 |
| | Goodwill | 660.05 | 660.05 |
| | Other intangible assets | 17.71 | 31.15 |
| | Intangible assets under development | 16.02 | 2.70 |
| | Financial assets | | |
| | Investments | 3,896.05 | 3,896.05 |
| | Other financial assets | 239.29 | 405.98 |
| | Deferred tax assets (net) | 367.06 | 291.06 |
| | Income tax assets (net) | 414.61 | 180.06 |
| | Other non-current assets | 97.04 | 75.31 |
| Total non-current assets | 9,851.79 | 8,857.50 | |
| 2 | Current assets | | |
| | Financial assets | | |
| | Trade receivables | | |
| | Billed | 3,630.87 | 3,323.45 |
| | Unbilled | 1,496.96 | 642.32 |
| | Cash and cash equivalents | 843.83 | 911.53 |
| | Bank balances other than cash and cash equivalents above | 4.25 | 2.32 |
| | Other financial assets | 161.08 | 197.09 |
| | Other current assets | 339.90 | 385.01 |
| Total current assets | 6,476.89 | 5,461.72 | |
| 3 | Total Assets (1+2) | 16,328.68 | 14,319.22 |
| B | EQUITY AND LIABILITIES | | |
| 1 | Equity | | |
| | Equity share capital | 1,490.11 | 1,489.49 |
| | Other equity | 7,500.49 | 7,189.34 |
| | Total Equity | 8,990.60 | 8,678.83 |
| 2 | Liabilities | | |
| | Non-current liabilities | | |
| | Financial liabilities | | |
| | Borrowings | 4.04 | 11.09 |
| | Lease liabilities | 1,910.64 | 1,473.34 |
| | Non-current provisions | 486.21 | 273.75 |
| Total non-current liabilities | 2,400.89 | 1,758.18 | |
| 3 | Current liabilities | | |
| | Financial liabilities | | |
| | Borrowings | 4.60 | 190.75 |
| | Lease liabilities | 941.23 | 766.86 |
| | Trade payables | | |
| | Total outstanding dues of micro enterprises and small enterprises | 91.78 | 21.68 |
| | Total outstanding dues of creditors other than micro enterprises and small enterprises | 179.31 | 349.42 |
| | Other financial liabilities | 3,140.60 | 1,873.00 |
| | Current provisions | 161.08 | 138.63 |
| | Other current liabilities | 418.59 | 541.87 |
| Total current liabilities | 4,937.19 | 3,882.21 | |
| 4 | Total Liabilities (2+3) | 7,338.08 | 5,640.39 |
| | Total Equity and Liabilities (1+4) | 16,328.68 | 14,319.22 |
| See accompanying notes to the standalone financial results | | | |

/

SINGAPORE BANK

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Digitide Solutions Limited
Registered Office:New Municipal No.1, Sri Subramanya Plaza,29th Main road, BTM Layout 1st stage, Ring road, Bengaluru
Bengaluru urban, Karnataka -560068
CIN No. L62099KA2024PLC184626

Standalone Statement of Cash Flows for the year ended 31 March 2026
(INR in millions)

Particulars	For the year ended
	As at
31 March 2026
(Audited)	For the period ended 10 February 2024 to 31 March 2025 (Financial year)
(Audited)
Cash flows from operating activities
Profit for the period	211.95	943.34
Adjustments to reconcile net profit to net cash provided by operating activities:
Tax expense	111.76	274.89
Exceptional items	334.08	232.18
Interest income on term deposits	(27.37)	(48.62)
Dividend income on investments in subsidiaries	(670.97)	(503.20)
Profit on sale of property, plant and equipment, net	(1.93)	(12.45)
Gain on sale of investments in mutual funds	(0.06)	-
Employee stock option cost	48.45	51.75
Finance costs	387.94	383.33
Depreciation and amortisation expense	1,388.09	1,418.93
Expected credit (reversal)/allowance on financial assets	(82.56)	176.89
Foreign exchange (gain)/loss, net	(41.06)	(7.05)
Operating profit before working capital changes	1,658.32	2,909.99
Changes in operating assets and liabilities
Changes in trade receivables and unbilled revenue	(1,079.50)	(324.59)
Changes in loans, other financial assets and other assets	136.52	240.07
Changes in trade payables	(100.01)	215.59
Changes in other financial liabilities, other liabilities and provisions	1,089.56	(435.12)
Cash generated from operations	1,704.89	2,605.94
Income tax paid, net	(267.00)	(470.16)
Net cash flows from operating activities (A)	1,437.89	2,135.78
Cash flows from investing activities
Expenditure on property, plant and equipment and intangibles	(605.26)	(276.70)
Proceeds from sale of property plant and equipment	1.93	12.42
Redemption of mutual funds, net	0.06	-
Redemption/(placement) of bank deposits (net)	157.51	(176.57)
Dividend received (net of tax)	502.10	502.19
Receipt/(payment) of Security deposit	(7.45)	-
Interest received on term deposits	6.01	56.69
Net cash used in investing activities (B)	54.90	118.03
Cash flows from financing activities
Repayments of long term borrowings	(7.05)	(4.99)
Repayments of short term borrowings, net	(186.15)	(656.64)
Proceeds from share application money	1.41	-
Repayment of lease liabilities	(1,302.60)	(1,387.85)
Interest paid	(66.10)	(50.15)
Net cash used in financing activities (C)	(1,560.49)	(2,099.63)
Net (decrease)/increase in cash and cash equivalents (A+B+C)	(67.70)	154.18
Cash and cash equivalents transferred due to scheme of arrangement	-	757.35
Cash and cash equivalents at the beginning of this period	911.53	-
Cash and cash equivalents at the end of this period	843.83	911.53

Components of cash and cash equivalents
(Amount in INR millions)

Particulars	As at	As at
	As at 31 March 2026
(Audited)	As at 31 March 2025
(Audited)
Cash and cash equivalents
Balances with banks
In current accounts	841.97	887.19
In EEFC accounts	1.86	24.34
Cash and cash equivalents as per standalone balance sheet	843.83	911.53

See accompanying notes to the standalone financial results

A

d

SOLUTIONS LTD

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Digitide Solutions Limited

Registered Office: New Municipal No.1 SS Plaza 29 Main, Rd BTM Layout 1st stage Ring Rd, Madivala, Bangalore,
Bangalore South, Karnataka, India -560068
CIN No. L62099KA2024PLC184626

Notes for the quarter and year ended 31 March 2026:

1. The standalone financial results of Digitide Solutions Limited (“the Company”) for the quarter and year ended 31 March 2026 have been recommended by the Audit Committee and approved by the Board of Directors at their respective meetings held on 18 May 2026. The statutory auditors have expressed an unqualified review conclusion on the financial results for the quarter ended 31 March 2026 and have expressed an unqualified opinion on the financial results for the year ended 31 March 2026. These standalone financial results have been extracted from the standalone financial information.

2. The Statement includes the results for the quarter ended 31 March 2026, being the balancing figure of audited figures in respect of the full financial year and published unaudited year-to-date figures up to the end of the third quarter of the financial year.

3. The Statement includes the results for the quarter ended 31 March 2025 being the balancing figures in respect of the full financial year and audited figures in respect of the period ended 31 December 2024 after giving effect to the Scheme of Arrangement as explained in Note 7. Audit for the period 10 February 2024 to 31 December 2024 was conducted for the purpose of filing the Information Memorandum.

4. The standalone financial results have been prepared in accordance with the recognition and measurement principles laid down in the applicable accounting standards prescribed under Section 133 of the Companies Act, 2013, read with the Companies (Indian Accounting Standards) Rules, 2015, as amended, and in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.

5. The Company got listed on Bombay Stock Exchange (“BSE”) and National Stock Exchange (“NSE”) on 11 June 2025. The standalone audited financial results and the audit report of the Statutory Auditors is being filed with BSE and NSE and will be made available on the Company’s website www.digitide.com.

6. Effective 21 November 2025, the Government of India notified the four new Labour Codes, replacing the existing 29 labour laws. Based on the guidance issued by the Institute of Chartered Accountants of India, along with the Central Rules and FAQs released by the Ministry of Labour & Employment, the Company has assessed and disclosed the incremental impact on its employee benefit liabilities arising from these changes using the best information currently available.

The Company has considered restructured compensation of its employees with effect from April 1st, 2026, and assessed the impact of the changes, consistent with the Labour Codes, rules and FAQs. Considering the materiality and regulatory driven, non-recurring nature of this impact, the Company has presented incremental impact of INR 120.50 Million and INR 334.08 Million related to Employee Benefit Obligations under “Exceptional item” in the consolidated financial results for quarter and year ended March 31, 2026 respectively.

During the quarter and year ended 31 March 2026, the Company incurred certain demerger expenses, professional services and stamp duty aggregating to INR 2.70 millions and INR 235.36 millions, respectively, which have been included under “Exceptional items”.

1. In accordance with the composite scheme of arrangement between Quess Corp Limited (“Demerged Company”), Digitide Solutions Limited (“Resulting Company 1”) and Bluspring Enterprises Limited (“Resulting Company 2”) and their respective shareholders and creditors (referred as “Scheme of Arrangement”) the demerged Company carried out the activities of Transferred Businesses 1 in trust for the Company up to effective date i.e. 31 March 2025. The comparative financial information of the Company have been prepared as of and for the period from 10 February 2024 (Date of Incorporation) to 31 March 2025, in accordance with Appendix C to Ind AS 103 “Business Combinations” by using the financial information maintained by the Demerged Company.

2. In accordance with Ind AS 108, Operating segments, segment information has been provided in the consolidated financial results of the Company and therefore no separate disclosure on segment information is given in these standalone financial results.

3. The Company has incorporated a wholly owned subsidiary “Digitide IT Solutions L.L.C S.O.C” in the mainland of Dubai, United Arab Emirates on March 11, 2026, with an authorized capital of AED 300,000. This entity will be engaged in the business of providing IT services and infrastructure, data classification & analysis services, cloud, data center, and application development services to its customers.

for and on behalf of Board of Directors of
Digitide Solutions Limited

Gurmeet Singh Chahal
Chief Executive Officer and Executive Director
DIN: 10997957
Place: Bengaluru
Date: 18 May 2026

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digitide

May 18, 2026

To,

BSE Limited,
1st Floor, New Trading Ring,
Rotunda Building, PJ Towers,
Dalal Street, Mumbai – 400 001
Security Code – 544413

National Stock Exchange of India Limited
Exchange Plaza,
Bandra-Kurla Complex,
Bandra (East), Mumbai – 400 051
NSE Symbol – DIGITIDE

Dear Sir/Madam,

Sub: Declaration under Regulation 33(3)(d) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015

We hereby confirm and declare that the Statutory Auditors of the Company i.e., M/s Deloitte Haskins & Sells, Chartered Accountants (Firm Registration No. 008072S), have issued the Auditor's Report on Standalone and Consolidated Audited Financial Results of the Company for the fourth quarter and financial year ended 31st March, 2026 with unmodified opinion.

Kindly take the above information on record.

Yours sincerely,

For Digitide Solutions Limited

Suresh Prasad
Chief Financial Officer

Digitide Solutions Limited
Registered Address: New Municipal No. 1, Sri Subramanya Plaza (SS Plaza), 29th Main Road, BTM Layout 1st stage, Ring Road, Bengaluru, Bengaluru urban, Karnataka, 560068
Tel: 080-6105 6000 | CIN: L62099KA2024PLC184626 | Website: www.digitide.com