USG Tech Solutions Ltd (532402)
Q2 FY27 results
USG Tech Solutions Ltd reported Q2 FY27 results on 15 Oct 2026: revenue ₹0.0 Cr, and net profit ₹-0.0 Cr (a smaller loss than a year earlier).
| Q2 FY27 (₹ Cr) | Value | YoY vs Q2 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹0.0 | — | — |
| Operating profit | ₹-0.0 | loss narrowed | — |
| Net profit | ₹-0.0 | loss narrowed | — |
| EPS (₹) | -0.01 | — | — |
📢 Recent Corporate Announcements
USG Tech Solutions announced its unaudited standalone financial results for the quarter ended September 30, 2026. The company reported zero revenue from operations, matching previous quarters, with total other income of Rs 0.07 lakhs. Net loss for the quarter stood at Rs 2.37 lakhs, narrowing from a loss of Rs 3.14 lakhs in Q2 FY26 and Rs 7.61 lakhs in Q1 FY27. Total expenses for the quarter were Rs 2.44 lakhs, driven primarily by other expenses.
- Revenue from operations remained at Rs 0.00 lakhs for Q2 ended September 30, 2026
- Net loss for Q2 stood at Rs 2.37 lakhs versus Rs 3.14 lakhs in Q2 FY26
- Total expenses were Rs 2.44 lakhs compared to Rs 3.21 lakhs in the year-ago quarter
- Six-month net loss reached Rs 9.98 lakhs with zero operating revenues
- Basic and diluted EPS for the quarter stood at Rs -0.01
USG Tech Solutions announced its unaudited standalone financial results for the quarter ended September 30, 2026. The company reported zero revenue from operations, matching previous quarters, with total other income of Rs 0.07 lakhs. Net loss for the quarter stood at Rs 2.37 lakhs, narrowing from a loss of Rs 3.14 lakhs in Q2 FY26 and Rs 7.61 lakhs in Q1 FY27. Total expenses for the quarter were Rs 2.44 lakhs, driven primarily by other expenses.
- Revenue from operations remained at Rs 0.00 lakhs for Q2 ended September 30, 2026
- Net loss for Q2 stood at Rs 2.37 lakhs versus Rs 3.14 lakhs in Q2 FY26
- Total expenses were Rs 2.44 lakhs compared to Rs 3.21 lakhs in the year-ago quarter
- Six-month net loss reached Rs 9.98 lakhs with zero operating revenues
- Basic and diluted EPS for the quarter stood at Rs -0.01
USG Tech Solutions has approved the appointment of M/s MJRA & Associates (FRN: 013850N) as the company's Statutory Auditor for a 5-year tenure covering FY 2026-2027 through FY 2030-2031. The decision was approved by the Board of Directors on August 13, 2026, following the recommendation of the Audit Committee. MJRA & Associates is an ICAI-registered firm holding a valid peer review certificate. The change is a standard corporate governance rotation for the micro-cap IT services firm.
- Appointed M/s MJRA & Associates (FRN: 013850N) as Statutory Auditor
- Auditor tenure covers a period of 5 years from FY 2026-2027 to FY 2030-2031
- Board approval date recorded as August 13, 2026
USG Tech Solutions Ltd submitted a revised outcome of its board meeting held on August 13, 2026, citing an inadvertent omission of the statutory auditor's appointment in its initial filing. The board approved the appointment of M/s MJRA & Associates, Chartered Accountants, as Statutory Auditor for a 5-year tenure from FY 2026-27 to FY 2030-31, subject to shareholder approval. The company also reiterated its Q1 FY27 results showing Rs 0.00 revenue from operations and a net loss of Rs 7.61 lakh. The 27th Annual General Meeting (AGM) is scheduled for September 30, 2026.
- Appointment of M/s MJRA & Associates as Statutory Auditor for a 5-year term from FY 2026-27 to FY 2030-31
- Revenue from operations reported at Rs 0.00 with total income of Rs 0.16 lakh for Q1 FY27
- Net loss for the quarter stood at Rs 7.61 lakh compared to a loss of Rs 9.45 lakh in Q1 FY26
- 27th AGM scheduled for September 30, 2026, with book closure from September 23 to September 30, 2026
USG Tech Solutions continues to report zero revenue from operations for the quarter ended June 30, 2026. The company posted a standalone net loss of Rs 7.61 Lakhs, slightly improved from a loss of Rs 9.45 Lakhs in the year-ago period. On a consolidated basis, the net loss was higher at Rs 12.02 Lakhs. The board has appointed Mr. Gajanand Gupta as an Additional Independent Director and scheduled the 27th AGM for September 30, 2026.
- Revenue from operations remained at Rs 0.00 for the quarter ended June 30, 2026
- Standalone net loss stood at Rs 7.61 Lakhs against a loss of Rs 9.45 Lakhs in Q1 FY26
- Consolidated net loss for the quarter was reported at Rs 12.02 Lakhs
- Total standalone expenditure was Rs 7.77 Lakhs, primarily driven by 'Other Expenses' of Rs 6.86 Lakhs
- 27th Annual General Meeting (AGM) is scheduled for September 30, 2026, via video conferencing
USG Tech Solutions continues to report zero revenue from operations for the quarter ended June 30, 2026, consistent with its FY26 performance. The company recorded a standalone net loss of ₹7.61 lakhs, primarily due to 'Other Expenses' of ₹6.86 lakhs. On a consolidated basis, the net loss was higher at ₹12.02 lakhs for the quarter. The board has scheduled the 27th Annual General Meeting for September 30, 2026, and appointed Gajanand Gupta as an Additional Independent Director.
- Revenue from operations stood at ₹0.00 for the quarter ended June 30, 2026
- Standalone net loss for Q1 FY27 was ₹7.61 lakhs, compared to a loss of ₹9.45 lakhs in Q1 FY26
- Consolidated net loss for the group reached ₹12.02 lakhs for the quarter
- Total standalone expenditure was ₹7.77 lakhs, with other expenses accounting for 88% of total costs
- 27th Annual General Meeting (AGM) is scheduled for September 30, 2026, via video conferencing
USG Tech Solutions has appointed Mr. Gajanand Gupta, a Chartered Accountant with over 30 years of experience, as an Additional Independent Director effective August 13, 2026. The company currently operates with zero TTM revenue and reported a net loss of Rs 0.37 Cr for FY26. With a small market cap of Rs 36 Cr and low promoter holding of 18.1%, the addition of financial expertise to the board is a standard governance step, though the business remains operationally stagnant.
- Appointment of Mr. Gajanand Gupta as Additional Independent Director effective August 13, 2026
- Appointee is a Chartered Accountant and ICAI member since 1992 with 30+ years of experience
- Company reports TTM revenue of Rs 0 Cr and TTM PAT of Rs -0 Cr
- Promoter holding remains low and unchanged at 18.07% as of March 2026
USG Tech Solutions continues to report zero revenue from operations for the quarter ended June 30, 2026, maintaining the trend seen in FY26. The company recorded a standalone net loss of Rs 7.61 Lakhs, which is a slight improvement from the Rs 9.45 Lakh loss in the corresponding quarter of the previous year. Consolidated losses were higher at Rs 12.02 Lakhs for the quarter. The board has appointed Mr. Gajanand Gupta as an Additional Independent Director and scheduled the 27th AGM for September 30, 2026.
- Revenue from operations remained at Rs 0.00 for the quarter ended June 30, 2026.
- Standalone net loss narrowed to Rs 7.61 Lakhs compared to Rs 9.45 Lakhs in June 2025.
- Total standalone expenditure was reduced to Rs 7.77 Lakhs from Rs 9.59 Lakhs YoY, primarily due to lower employee costs.
- Consolidated net loss for the quarter stood at Rs 12.02 Lakhs.
- Employee benefit expenses decreased significantly to Rs 0.90 Lakhs from Rs 3.16 Lakhs in the year-ago period.
USG Tech Solutions reported a consolidated net loss of ₹12.02 lakh for the quarter ended June 30, 2026. Revenue remains negligible at just ₹0.16 lakh for the quarter, continuing a trend of near-zero operational income seen in previous years. The board appointed Mr. Gajanand Gupta, a Chartered Accountant with over 30 years of experience, as an Additional Independent Director. The company's 27th Annual General Meeting (AGM) is scheduled for September 30, 2026.
- Consolidated net loss of ₹12.02 lakh for the quarter ended June 30, 2026
- Consolidated revenue from operations reported at a minimal ₹0.16 lakh
- Appointment of Mr. Gajanand Gupta as Additional Independent Director effective August 13, 2026
- 27th Annual General Meeting scheduled for September 30, 2026
- Book closure for AGM purposes from September 23 to September 30, 2026
USG Tech Solutions has scheduled a board meeting for August 13, 2026, to approve its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The board will also finalize the notice and date for the Annual General Meeting (AGM) for the financial year ended March 31, 2026. This is a routine regulatory filing for a micro-cap company currently reporting zero revenue and consistent losses. Investors should note the company's TTM PAT stands at approximately Rs -0.37 Cr.
- Board meeting scheduled for August 13, 2026, at 03:00 P.M. at the Ghaziabad corporate office.
- Agenda includes approval of unaudited financial results for the quarter ended June 30, 2026.
- Board to approve the Draft Directors’ Report and AGM notice for the financial year ended March 31, 2026.
- Appointment of NSDL for remote E-voting and a Scrutinizer for the AGM process.
- Company currently operates on a zero-revenue base as per TTM figures (Rs 0 Cr).
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