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Excelsoft Technologies Limited has incorporated a wholly-owned subsidiary, Excelsoft Technologies Canada Ltd., in Canada on August 27, 2026, according to a regulatory filing. The incorporation, approved by the company’s board of directors, is intended to facilitate Excelsoft Technologies Limited’s business operations and support its expansion in the Canadian and broader North American markets, with the new entity serving as a business development and sales hub and providing software development services. Mrs. Shruthi Sudhanva and Mr. Doreswamy Palaniswamy, directors of Excelsoft Technologies Limited, are also directors of the newly incorporated subsidiary, and the transaction is expected to be undertaken on an arm’s length basis.

Net profit of Excelsoft Technologies rose 57.24% to Rs 9.23 crore in the quarter ended June 2026 as against Rs 5.87 crore during the previous quarter ended June 2025. Sales rose 44.04% to Rs 80.26 crore in the quarter ended June 2026 as against Rs 55.72 crore during the previous quarter ended June 2025. ParticularsQuarter EndedJun. 2026Jun. 2025% Var. Sales80.2655.72 44 OPM %16.2518.02 - PBDT18.3613.68 34 PBT11.837.65 55 NP9.235.87 57 Powered by Capital Market - Live News

Excelsoft Technologies will hold a meeting of the Board of Directors of the Company on 7 August 2026.

Excelsoft Technologies has entered into a strategic partnership with AQA Education (AQA), the United Kingdom`s largest awarding body, to jointly develop a next-generation e-marking platform for high-stakes assessments.The engagement marks a significant validation of Excelsoft`s established e-marking platform, which AQA selected following a rigorous multi-stage evaluation process conducted over several months. Building on Excelsoft`s existing intellectual property, the two organisations will co-develop an enhanced solution tailored to AQA`s requirements for large-scale, high-stakes assessment.The new platform will combine Excelsoft`s proven e-marking technology with AQA`s decades of assessment expertise and operational insight. It will progressively replace AQA`s three incumbent e marking systems with a unified, modern platform designed to support the secure, reliable and consistent digital evaluation of handwritten examination scripts at scale. Once fully implemented, the platform is expected to support the marking of approximately 12 million student scripts annually, involving around 40,000 examiners, and will play a critical role in supporting one of the world`s most trusted qualification systems. The multi-year, multi-million-pound contract reflects the scale and strategic importance of the engagement, further strengthening Excelsoft`s presence in the global assessment technology sector.

Net profit of Excelsoft Technologies declined 18.95% to Rs 16.60 crore in the quarter ended March 2026 as against Rs 20.48 crore during the previous quarter ended March 2025. Sales rose 16.08% to Rs 81.16 crore in the quarter ended March 2026 as against Rs 69.92 crore during the previous quarter ended March 2025.For the full year,net profit rose 25.05% to Rs 43.38 crore in the year ended March 2026 as against Rs 34.69 crore during the previous year ended March 2025. Sales rose 16.82% to Rs 272.52 crore in the year ended March 2026 as against Rs 233.29 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales81.1669.92 16 272.52233.29 17 OPM %30.2740.52 -26.8331.06 - PBDT29.4932.96 -11 88.2184.20 5 PBT23.3927.22 -14 64.0859.55 8 NP16.6020.48 -19 43.3834.69 25 Powered by Capital Market - Live News