February 08, 2024

To,
BSE Limited	National Stock Exchange of India Limited
Phiroze Jeejeebhoy Tower,	Exchange Plaza, C— 1, Block G,
Dalal Street,	Bandra Kurla Complex, Bandra (East),
Mumbai — 400001	Mumbai — 400051
Scrip Code- 532365	Symbol - DSSL

Sub: Outcome of Board Meeting held on February 08, 2024

Pursuant to the provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that in the meeting of the Board of Directors of the Company held today i.e. on February 08, 2024, at the corporate office of the Company at 3 Floor, A Wing, Sunteck Centre, Subhash Road, Near Garware Chowk, Vile Parle (East), Mumbai-400057, the following was decided:

Adopted Un-Audited Standalone and Consolidated Financial Results for the quarter and nine months ended on December 31, 2023 along with Limited Review Report for the same.

We enclose herewith copy of Un-Audited Standalone and Consolidated Financial Results along with Limited Review Report submitted by the Auditor in the required format.

We request you to kindly take the same on your record and acknowledge the receipt of same.

The meeting commenced at 05:00 p.m. and concluded at 06:15 p.m.

Thanking you,

For Dynacons Systems & Solutions Ltd.

Pooja Patwa Company Secretary & Compliance Officer Mem No. — 60986 Pooja Girish Patwa Digitally signed by Pooja Girish Patwa Date: 2024.02.08 18:19:29 +05'30'

Encl: - As above

Dynacons Systems & Solutions Limited

CIN NO : L72200MH1995PLC093130

Certified ISO 9001:2008, ISO 14001:2015, ISO 20000-1:2011, ISO 27001:2013, CMMI Maturity Level 3

Registered Office : 78, Ratnajyot Industrial Estate, Irla Lane, Vile Parle West, Mumbai - 400 056. Corporate Office : 3rd Floor, A Wing, Sunteck Centre, Subhash Road, Near Garware Chowk, Vile Parle East, Mumbai - 400 057. '@@ +91-22-66889900 | li +91-22-26716641 | @ wwwadynacons.com | i [email protected] | 1860-123-4444 eae ee as ee Ge ee a ee eae oe a Ee ee al ae eo MR ee Beer al

MSP&CO.

CHARTERED ACCOUNTANTS

76, RATNAJYOT INDUSTRIAL ESTATE, IRLA LANE, VILE PARLE (WEST), MUMBAI 400 056. TEL. 96999 57001. EMAIL: [email protected]

Independent Auditors' Review Report

To the Board of Directors of Dynacons Systems and Solutions Limited

1. We have reviewed the accompanying statement of unaudited Standalone financial results of Dynacons Systems and Solutions Limited ("the Company") for the quarter and mine month ended December 31, 2023. This statement is the responsibility of the Company's Management and has been approved by the Board of Directors. Our responsibility is to issue a report on these financial statements based on our review.
1. We conducted our review 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 Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the statement is free of material misstatement. A review is limited primarily to inquiries of Company personnel and analytical procedures applied to financial data and thus provide less assurance than an audit. We have not performed an audit and accordingly, we do not express an audit opinion.
1. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying Statement of unaudited financial results prepared in accordance with the applicable Accounting Standards and other recognized accounting practices and policies has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 including the manner in which it is to be disclosed, or that it contains any material misstatement.

ForMSP&CO. CHARTERED ACCOUNTANTS Firm Registration No. 107565W

Mumbai February 08, 2024 UDIN:- 24008684BKAIQY2633

Unaudited Standalone Financial Results for the Quarter Ended December 31, ²⁰²³

Particulars	Quarter Ended					(Rs in Lakhs'
	Dec. 31, 2023	Sep. 30, 2023	Dec. 31, 2022	Nine Months Ended Dec. 31, 2023		Year Ended
Income from Operations					Dec. 31, 2022	Mar. 31, 2023
a) Net Sales/ Income from operations	22,673.84	21,985.92
b) Other Income	104.00	73.75	17,195.90)	74,218.25	57,781.47	80,414.50
Total Income from Operations	22,777.84	22,059.67	61.90	250.90	144.59	229.58
Expenses			17,257.79	74,469.15	57,926.05	80,644.07
a) Cost of material consumed	20,017.00	19,083.46
b) Changes in Inventories	(449.59)	(251.15)	14,335.74	63,691.18	48,605.43	67,267.49
c) Employee benefits expense	960.33	986.88	603.67 774.37)	1,057.44	2,529.70	3,427.26
d) Finance Costs	188.85	223.65	262.23	2,799.85	2,237.61	3,076.37
e) Depreciation and amortization expense	38.04	38.01	33.67	637.29	823.93	1,086.84
F) Other expenses	253.83	266.25	237.74	114.06	100.99	136.28
Total expenses (a to f)	21,008.46	20,347.09	16,247.42	826.06 69,125.88	792.76 55,090.42	1,189.57 76,183.82
Exceptional Profit before tax and exceptional items	1,769.39	1,712.58
Items	0.00,	0.00	1,010.37 0.00	5,343.28	2,835.63	4,460.26
Profit before tax	1,769.39	1,712.58	1,010.37	0.00	0.00	0.00
Tax expense	463.19	455.19	254.84	5,343.28	2,835.63	4,460.26
Net Profit after Tax	1,306.19	1,257.39	755.53	1,376.00	715.46	1,122.61
Other comprehensive income				3,967.27	2,120.17	3,337.65
A(i) Items that will not be reclassified to profit or loss
~ Remeasurement of defined Benefit Plans	(2.69)	(8.74)	(3.01)	(8.56)
- Gains and losses from investments in equity instruments	4.56	5.64	(0,65)	14.60	(7.66)	(11.37)
- Foreign Exchange Gains or loss	0.00	0.00	0.00	0.00	(4.03) 0.00	(0.76)
A(ii) Income tax relating to items that will not be reclassified to profit or loss - Remeasurement of defined Benefit Plans						0.00)
	0.78)	(2,19)	(0.76)	(0.69)	(1.92)	(2.85)
- Gains and losses from investments in equity instruments	0.00	0.00	0.00	0.00	0.00	0.00
		0.00
B(i) Items that will be reclassified to profit or loss	0.00	0.00	0.00)	0.00	0.00	0.00
B(ii) Income tax relating to Items that will be reclassified to			0.00.
profit or loss	0.00	0.00,		0.00	0.00	0.00
Total other comprehensive income (A (i-ii) +B (i-ii)	1.09	(0.91)	(2.90)	6.73	(9.77)	(9.28)
Total comprehensive income	1,307.28	1,256.48	752.63	3,974.00	2,110.40	3,328.37
Paid up equity share capital	1,269.31	1,269.31	1,269.31	1,269.31	1,269.31	1,269.31
Earnings Per Share
Basic
EPS (N Profit)	10.29	9.91	5.95	31.26	17.92	27.71
Diluted
EPS (N Profit) 5	10.26	9.88	5.95	31.17	17.92	27.64

Notes:

1) The above unaudited financial results were reviewed by the Audit Committee at its meeting held on February 08, 2024 and were approved by the Board of Directors its meeting held on February 08, ²⁰²⁴

2) The Company operates in the segment of Systems Integration and Services. The Company has identified Technology Workforce Augmentation Services as a focus business segment from the existing services provided by the Company. Hence the two business segmenis, which forms the operating segments for segment reporting are : - System Integration

Technology Workforce Augmentation Services

Accordingly , the segment wise reporting is provided with the un-audited results for the quarter ended on December 31, 2023 of the Company. The previous period's figures have accordingly been restated.

3) The unaudited financial results of the Company for the quarter ended December 31, 2023 have been subject to limited review by its Statutory Auditors. 4) These results have been prepared in accordance with the Ind AS notified under Companies (Indian Accounting Standard) Rules, 2015 and Companies (Indian Accounting Standards) Amendment Rules, 2016.

5) The format for unaudited quarterly results as prescribed in SEBI's circular CIR/CFD/CMD/15/2015 dated 30th November 2015 has been modified to comply with requirements of SEBI's circular dated 5th July 2016, Ind AS and Schedule III to the Companies Act, 2013. 6) The figures for the previous period have been Fegrouped and re-arranged, wherever necessary, to make them comparable with the current period.

Mumbai

Dynacons Systems & Solutions Limited

CIN NO : L72200MH1995PLC093130 Certified ISO 9001:2008, ISO 14001:2015, ISO 20000-1:2011, ISO 27001:2013, CMMI Maturity Level 3

Registered Office : 78, Ratnajyot Industrial Estate, Irla Lane, Vile Parle West, Mumbai - 400 056. Corporate Office : 3rd Floor, A Wing, Sunteck Centre, Subhash Road, Near Garware Chowk, Vile Parle East, Mumbai - 400 057. '@@ +91-22-66889900 | Wad +91-22-26716641 | @) www.dynacons.com | a [email protected] | 1860-123-4444

MSP&CO.

CHARTERED ACCOUNTANTS

76, RATNAJYOT INDUSTRIAL ESTATE, IRLA LANE, VILE PARLE (WEST), MUMBAI 400 056. TEL. 96999 57001. EMAIL: [email protected]

Independent Auditors' Review Report

To the Board of Directors of Dynacons Systems and Solutions Limited

1. We have reviewed the accompanying statement of Consolidated Unaudited financial results of Dynacons Systems and Solutions Limited ("the Parent") and its subsidiary (together referred to as "the Group") for the quarter and nine month ended December 31, 2023. being submitted by the Parent pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.
1. This Statement, which is the responsibility of the Parent's Management and approved by the Parent's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 "Interim Financial Reporting" ("Ind AS 34°), prescribed under Section 133 of the Companies Act, 2013, and other accounting principles generally accepted in India. Our responsibility is to express a conclusion on the Statement based on our review.
1. We conducted our review of the Statement 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 Institute of Chartered Accountants of India. A review of interim financial information consists of making inquiries. primarily of persons 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 Standards on Auditing 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.

We also performed procedures in accordance with the circular issued by the SEBI under Regulation 33 (8) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, to the extent applicable.

MSP&CO.

CHARTERED ACCOUNTANTS

76, RATNAJYOT INDUSTRIAL ESTATE, IRLA LANE, VILE PARLE (WEST), MUMBAI 400 056, TEL, 96999 57001. EMAIL: [email protected]

1. The Statement includes the results of the following entities :
i) Dynacons Systems and Solutions Ltd ( Holding Company )
li) Dynacons Systems and Solutions PTE Limited ( Subsidiary Company )
1. Based on our review conducted and procedures performed as stated in paragraph 3 above and as per paragraph 6, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, including the manner in which it is to be disclosed, or that it contains any material misstatement.
1. The consolidated unaudited financial results includes the interim financial results of one subsidiary whose interim financial results reflects total revenue of Rs. 11.87 Lakhs, the total net profit of Rs. 9.07 Laces for the quarter ended December 31, 2023 as considered in the consolidated unaudited financial results which have not been reviewed by their auditors. According to the information and explanations given to us by the management, these interim financial results are not material to the Group.

Our conclusion on the statement is not modified in respect of the above matter.

ForMSP& CO. CHARTERED ACCOUNTANTS Firm Registration No, 407565W

G—- et

CA Madhusudan Parikh, Partner Membership No. 08684 ~~ Mumbai February 08, 2024 UDIN:- 24008684BKAIQZ9051

Unaudited Consolidated Financial Results for the Quarter Ended December 31, 2023

Particulars		Quarter Ended		Nine Months Ended	{Rs in Lakhs) Year Ended
	Dec. 31, 2023	Sep. 30, 2023	Dec. 31, 2022	Dec. 31, 2023	Dec. 31, 2022	Mar. 31, 2023
Income from Operations
a) Net Sales/ Income from operations	22,685.70	21,986.02	17,195.90	74,230.21	57,781.47	80,446.86
b) Other Income	104.01.	73.75	61.85	250.90	144.59)	229.65)
Total Income from Operations	22,789.71	22,059.76	17,257.74	74,481.11	57,926.05	80,676.52
Expenses
a) Cost of material consumed	20,017.00	19,083.46	14,335.74)	63,691.18	48,605.43	67,281.72
b) Changes in Inventories	(449.58)	(251.15)	603.67	1,057.44	2,529.70	3,427.26)
c) Emplovee benefits expense	960.34	986.88	774.37	2,799.85	2,237.61	3,076.37]
) Finance Costs	188.85)	223.65	262.06	637.29	823.76	1,086.84}
'¢) Depreciation and amortization expense	38.04	38.01	33.67	114.06	100.99)	136.28
'f) Other expenses	256.47	266.46	240.88	831.99	799.29	1,199.61)
Total expenses (a to f)	21,011.12	20,347.30	16,250.40	69,131.81	55,096.79	76,208,09
Profit before tax and exceptional items	1,778.59	1,712.46	1,007.34}	5,349.30	2,829.26	4,468.43
Exceptional Items	0.00	0.00	0.00	0.00	0.00	0.00)
Profit before tax	1,778.59	1,712.46	1,007.34	5,349.30	2,829.26	4,468.43
Tax expense	463.33	455.19	254.84	1,376.14	715.46	1,123.04
Net Profit after Tax	1,315.27	1,257.27	752.50	3,973.16)	2,113.80)	3,345.39
Other comprehensive income
A(i) Items that will not be reclassified to profit or loss
- Remeasurement of defined Benefit Plans	(2.69)	(8.74)	(3.01)	(8.56)	(7.66)	(11.37)
- Gains or loss from Investments in Equity	4.56	5.64	(0.65)	14.60	(4.03)	(0.76)
- Foreian Exchange Gains or loss	0.00)	0.00;	0.00}	0.00,	0.00)	0.00
A(ii) Income tax relating to items that will not be reclassified to profit or loss
- Remeasurement of defined Benefit Plans	0.79	(2.19)	(0.75)	(0.69)	(1.92)	(2.85)
- Gains and losses from investments in equity instruments	0.00)	0.00	0.00	0.00	0.00)	0.00)
- Foreign Exchange Gains or loss	0.00)	0.00)	0.00	0.00	0.00)	0.00]
B(i) Items that will be reclassified to profit or loss	0.00	0.00	0.00	0.00	0.00}	0.00
B(ii) Income tax relating to Items that will be reclassified to profit or loss	0,00	0.00	0.00	0.00	0.00	0.00
Total other comprehensive income (A (i-ii) +-B (i-ii)	1.08}	(0.91)	(2.91)	6.73	(9.77)	(9.28)
Total comprehensive income	1,316.35	1,256.36)	749.59	3,979.89	2,104.03	3,336.11
Paid up equity share capital	1,269.31	1,269.31	1,269.31	1,269.31	1,269.31	1,269.31
Basic
EPS (N Profit)	10,36]	9.91	5.93	31.30	17.87	27.78
Diluted
EPS (N Profit)	10.34	9.88	5.93	31.22	17,87	27.70

Notes:

2) The Company operates in the segment of Systems Integration and Services. The Company has identified Technology Workforce Augmentation Services as a focus business segment from the existing services provided by the Company. Hence the two business segments, which forms the operating segments for segment reporting are : - System Integration

Technology Workforce Augmentation Services

3) The unaudited financial results of the Company for the quarter ended December 31, 2023 have been subject to limited review by its Statutory Auditors.

4) These results have been prepared in accordance with the Ind AS notified under Companies (Indian Accounting Standard) Rules, 2015 and Companies (Indian Accounting Standards) Amendment Rules, 2016.

For Dynacons System:

Executive Director Din No: 00445009

6) The figures for the previous period have been regrouped and re-arranged, wherever necessary, to make them comparable with the current period.

[EW 25 TO Bi ca ae aes SSRI a REA RUE PRES TORS GALE CTE DES REBT ET aT STEP EST

for and op-beh Mumbai

February 08, 2024

Dynacons Systems & Solutions Limited

CIN NO : L72200MH1995PLC093130 Certified ISO 9001:2008, ISO 14001:2015, ISO 20000-1:2011, ISO 27001:2013, CMMI Maturity Level 3

Registered Office : 78, Ratnajyot Industrial Estate, Irla Lane, Vile Parle West, Mumbai - 400 056. Corporate Office : 3rd Floor, A Wing, Sunteck Centre, Subhash Road, Near Garware Chowk, Vile Parle East, Mumbai - 400 057 @® +91-22-66889900 | +91-22-26716641 | @ www.dynacons.com | Ha [email protected] | 1860-123-4444

Segment information of Consolidated Financial Results for the Quarter Ended December 31, 2023

						(Rs in lakh)
						Year to date
-						figures for the
Particulars						vedas Year
		Three month period ended		Nine month period ended		ended
	31-Dec-23	30-Sep-23	31-Dec-22	31-Dec-23	31-Dec-22	31-Mar-23
	Unaudited	Unaudited	Audited	Unaudited	Audited	Audited
Segment Revenue
- System Integration	22,483.00	21,820.97	17,065.74	73,709.05	57,437.54	79,977.96
- Technology Workforce Augmentation Services	202.70	165.05	130.15	521.16	343.93	468.90
Total Income from Operations	22,685.70	21,986.02	17,195.90	74,230.21	57,781.47	80,446.86
Segment Results
- System Integration	1,848.12	1,847.48	1,200.33	5,693.78	3,546.35	5,363.35
- Technology Workforce Augmentation Services	53.36	52.89	40.90	155.97	63.09	98.55
	1,901.48	1,900.37	1,241.23	5,849.74	3,609.44	5,461.90
Finance Costs	188.85	223,65	262.06	637.29	823.76	1,086.84
Unallocable Expences	38.04	38.01	33.67	114.06	100.99	136.28
Other income	104.01	73.25	61.85	250.90	144.59	229.65
Profit before tax	1,778.59	1,712.46	1,007.34	5,349.30	2,829.26	4,468.43
Tax expense	463.33	455.19	254.84	1,376.14	715.46	1,123.04
Profit after tax	1,315.27	1,257.27	752.50	3,973.16	2,113.80	3,345.39

Segment Assets and Liabilities

The assets and liabilities used in the Company's business are not identified with any of the operating segments, as these are used interchangeably between the reportable segments. The management of the Company believes that it is currently not practicable to provide segment disclosures relating to total assets and total liabilities.

For Dynacons Systems-&-Solutions Ltd. for and_on b h Board oF Di ectors

Mumbai Dharmesh Anje Executive Direct February 08, 2024 Din No: 00445009

Dynacons Systems & Solutions Limited

CIN NO : L72200MH1995PLC093130

Certified ISO 9001:2008, ISO 14001:2015, ISO 20000-1:2011, ISO 27001:2013, CMMI Maturity Level 3

Registered Office : 78, Ratnajyot Industrial Estate, Irla Lane, Vile Parle West, Mumbai - 400 056. Corporate Office : 3rd Floor, A Wing, Sunteck Centre, Subhash Road, Near Garware Chowk, Vile Parle East, Mumbai - 400 057. '@@ +91-22-66889900 | li +91-22-26716641 | @ www.dynacons.com | KA [email protected] | 160-123-4444

AI assistant

Dynacons Systems & Solutions Ltd. Interim / Quarterly Report 2024

61285_rns_2024-02-08_8ed9ec71-652a-4846-9ec7-049299aa757c.pdf

Sub: Outcome of Board Meeting held on February 08, 2024

For Dynacons Systems & Solutions Ltd.

MSP&CO.

CHARTERED ACCOUNTANTS

Independent Auditors' Review Report

To the Board of Directors of Dynacons Systems and Solutions Limited

Unaudited Standalone Financial Results for the Quarter Ended December 31, ²⁰²³

MSP&CO.

CHARTERED ACCOUNTANTS

Independent Auditors' Review Report

To the Board of Directors of Dynacons Systems and Solutions Limited

MSP&CO.

CHARTERED ACCOUNTANTS

Unaudited Consolidated Financial Results for the Quarter Ended December 31, 2023

for and op-beh Mumbai

Dynacons Systems & Solutions Limited

Segment information of Consolidated Financial Results for the Quarter Ended December 31, 2023

AI assistant

Dynacons Systems & Solutions Ltd. — Interim / Quarterly Report 2024

61285_rns_2024-02-08_8ed9ec71-652a-4846-9ec7-049299aa757c.pdf

Sub: Outcome of Board Meeting held on February 08, 2024

For Dynacons Systems & Solutions Ltd.

MSP&CO.

CHARTERED ACCOUNTANTS

Independent Auditors' Review Report

To the Board of Directors of Dynacons Systems and Solutions Limited

Unaudited Standalone Financial Results for the Quarter Ended December 31, 2023

MSP&CO.

CHARTERED ACCOUNTANTS

Independent Auditors' Review Report

To the Board of Directors of Dynacons Systems and Solutions Limited

MSP&CO.

CHARTERED ACCOUNTANTS

Unaudited Consolidated Financial Results for the Quarter Ended December 31, 2023

for and op-beh Mumbai

Dynacons Systems & Solutions Limited

Segment information of Consolidated Financial Results for the Quarter Ended December 31, 2023

More from Dynacons Systems & Solutions Ltd.

Dynacons Systems & Solutions Ltd. Interim / Quarterly Report 2024

Unaudited Standalone Financial Results for the Quarter Ended December 31, ²⁰²³