Integrated Filing — IndAS



General information about company
Scrip Code 532951
NSE Symbol GSS
MSEI Symbol NOTLISTED
ISIN INE871H01011
Name of company GSS INFOTECH LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Apr-2024
Date of end of financial year 31-Mar-2025
Date of board meeting when results were approved 30-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 23-May-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 30-May-2025   18:30:00
End date and time of board meeting 31-May-2025   00:30:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Whether the company has any related party? Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)? No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? Yes
Latest Date on which RPT policy is updated 2025-03-31
Indicate Company website link for updated RPT policy of the Company www.gssinfotech.com
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
NA



Financial Results Ind-AS
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations 28197000 88776000
Other income 127000 5002000
Total income 28324000 93778000
2 Expenses
(a) Cost of materials consumed 0 0
(b) Purchases of stock-in-trade 0 0
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 0 0
(d) Employee benefit expense 9133000 36961000
(e) Finance costs 37000 71000
(f) Depreciation, depletion and amortisation expense 106000 409000
(f) Other Expenses
1 Administrative and other expenses 13060000 41743000
Total other expenses 13060000 41743000
Total expenses 22336000 79184000
3 Total profit before exceptional items and tax 5988000 14594000
4 Exceptional items 0 0
5 Total profit before tax 5988000 14594000
6 Tax expense
7 Current tax -1046000 3371000
8 Deferred tax 0 228000
9 Total tax expenses -1046000 3599000
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0 0
11 Net Profit Loss for the period from continuing operations 7034000 10995000
12 Profit (loss) from discontinued operations before tax 0 0
13 Tax expense of discontinued operations 0 0
14 Net profit (loss) from discontinued operation after tax 0 0
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0 0
16 Total profit (loss) for period 7034000 10995000
17 Other comprehensive income net of taxes 1011000 1011000
18 Total Comprehensive Income for the period 8045000 12006000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 261568000 261568000
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve 0
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 0.27 0.42
Diluted earnings (loss) per share from continuing operations 0.27 0.42
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 0.27 0.42
Diluted earnings (loss) per share from continuing and discontinued operations 0.27 0.42
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results



Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities
Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2024
Date of end of reporting period 31-Mar-2025
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Standalone
Assets
1 Non-current assets
Property, plant and equipment 1481000
Capital work-in-progress 0
Investment property 0
Goodwill 0
Other intangible assets 78000
Intangible assets under development 0
Biological assets other than bearer plants 0
Investments accounted for using equity method 0
Non-current financial assets
Non-current investments 3648979000
Trade receivables, non-current 0
Loans, non-current 441366000
Other non-current financial assets 0
Total non-current financial assets 4090345000
Deferred tax assets (net) 1195000
Other non-current assets 5864000
Total non-current assets 4098963000
2 Current assets
Inventories 0
Current financial asset
Current investments 0
Trade receivables, current 6942000
Cash and cash equivalents 5206000
Bank balance other than cash and cash equivalents 6175000
Loans, current 0
Other current financial assets 0
Total current financial assets 18323000
Current tax assets (net) 45623000
Other current assets 21736000
Total current assets 85682000
3 Non-current assets classified as held for sale 0
4 Regulatory deferral account debit balances and related deferred tax Assets 0
Total assets 4184645000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 261568000
Other equity 2129879000
Total equity attributable to owners of parent 2391447000
Non controlling interest
Total equity 2391447000
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 1617573000
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0
Total Trade payable 0
Other non-current financial liabilities 0
Total non-current financial liabilities 1617573000
Provisions, non-current 0
Deferred tax liabilities (net) 0
Deferred government grants, Non-current 0
Other non-current liabilities 0
Total non-current liabilities 1617573000
Current liabilities
Current financial liabilities
Borrowings, current 0
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 0
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 21050000
Total Trade payable 21050000
Other current financial liabilities 153909000
Total current financial liabilities 174959000
Other current liabilities 554000
Provisions, current 112000
Current tax liabilities (Net) 0
Deferred government grants, Current 0
Total current liabilities 175625000
3 Liabilities directly associated with assets in disposal group classified as held for sale 0
4 Regulatory deferral account credit balances and related deferred tax liability 0
Total liabilities 1793198000
Total equity and liabilites 4184645000
Disclosure of notes on assets and liabilities



Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Jan-2025 01-Apr-2024
Date of end of reporting period 31-Mar-2025 31-Mar-2025
Whether accounts are audited or unaudited Audited Audited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Software Business 388919000 993798000
2 Trading Business 19137000 257885000
Total Segment Revenue 408056000 1251683000
Less: Inter segment revenue 0 0
Revenue from operations 408056000 1251683000
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Software Business 11422000 24772000
2 Trading Business -20218000 -14096000
Total Profit before tax -8796000 10676000
i. Finance cost 39000 39000
ii. Other Unallocable Expenditure net off Unallocable income 0 0
Profit before tax -8835000 10380000
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Software Business 6055683000 6055683000
2 Trading Business 786076000 786076000
Total Segment Asset 6841759000 6841759000
Un-allocable Assets 0 0
Net Segment Asset 6841759000 6841759000
4 Segment Liabilities
Segment Liabilities
1 Software Business 6055683000 6055683000
2 Trading Business 786076000 786076000
Total Segment Liabilities 6841759000 6841759000
Un-allocable Liabilities 0 0
Net Segment Liabilities 6841759000 6841759000
Disclosure of notes on segments



Other Comprehensive Income
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
Total Amount of items that will not be reclassified to profit and loss
2 Income tax relating to items that will not be reclassified to profit or loss 0 0
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss -1011000 -1011000
5 Total Other comprehensive income 1011000 1011000



Cash flow statement, indirect
Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2024
B Date of end of reporting period 31-Mar-2025
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Standalone
Part I Blue color marked fields are non-mandatory.
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 14594000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 0
Adjustments for decrease (increase) in inventories 0
Adjustments for decrease (increase) in trade receivables, current 8139000
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets 677000
Adjustments for decrease (increase) in other non-current assets 0
Adjustments for other financial assets, non-current 420158000
Adjustments for other financial assets, current 0
Adjustments for other bank balances 0
Adjustments for increase (decrease) in trade payables, current 6933000
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities 0
Adjustments for increase (decrease) in other non-current liabilities 1173641000
Adjustments for depreciation and amortisation expense 0
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for provisions, current -1262000
Adjustments for provisions, non-current 0
Adjustments for other financial liabilities, current -1643906000
Adjustments for other financial liabilities, non-current -16000
Adjustments for unrealised foreign exchange losses gains 0
Adjustments for dividend income 0
Adjustments for interest income 0
Adjustments for share-based payments 0
Adjustments for fair value losses (gains) 0
Adjustments for undistributed profits of associates 0
Other adjustments for which cash effects are investing or financing cash flow 0
Other adjustments to reconcile profit (loss) 0
Other adjustments for non-cash items 1540000
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) -34096000
Net cash flows from (used in) operations -19502000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 3370000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities -22872000
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0
Cash flows used in obtaining control of subsidiaries or other businesses 0
Other cash receipts from sales of equity or debt instruments of other entities 0
Other cash payments to acquire equity or debt instruments of other entities 0
Other cash receipts from sales of interests in joint ventures 0
Other cash payments to acquire interests in joint ventures 0
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0
Proceeds from sales of property, plant and equipment 0
Purchase of property, plant and equipment 165000
Proceeds from sales of investment property 0
Purchase of investment property 0
Proceeds from sales of intangible assets 0
Purchase of intangible assets 0
Proceeds from sales of intangible assets under development 0
Purchase of intangible assets under development 0
Proceeds from sales of goodwill 0
Purchase of goodwill 0
Proceeds from biological assets other than bearer plants 0
Purchase of biological assets other than bearer plants 0
Proceeds from government grants 0
Proceeds from sales of other long-term assets 0
Purchase of other long-term assets 0
Cash advances and loans made to other parties 0
Cash receipts from repayment of advances and loans made to other parties 0
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0
Dividends received 0
Interest received 296000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 14677000
Net cash flows from (used in) investing activities 14808000
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0
Payments from changes in ownership interests in subsidiaries 0
Proceeds from issuing shares 0
Proceeds from issuing other equity instruments 0
Payments to acquire or redeem entity's shares 0
Payments of other equity instruments 0
Proceeds from exercise of stock options 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 0
Repayments of borrowings 0
Payments of lease liabilities 0
Dividends paid 0
Interest paid 0
Income taxes paid (refund) 0
Other inflows (outflows) of cash -415000
Net cash flows from (used in) financing activities -415000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes -8479000
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0
Net increase (decrease) in cash and cash equivalents -8479000
Cash and cash equivalents cash flow statement at beginning of period 13685000
Cash and cash equivalents cash flow statement at end of period 5206000





Details of Impact of Audit Qualification
Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 Ram Babu & Co. Yes 30-Jun-2027


Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)
Sr No. Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Details of the party (listed entity/subsidiary) entering into the transaction Details of the counterparty Type of related party transaction Details of other related party transaction Value of the related party transaction as approved by the audit committee Remarks on approval by audit committee Value of the related party transaction ratified by the audit committee Date of Audit Committee Meeting where the ratification was approved Value of transaction during the reporting period In case monies are due to either party as a result of the transaction In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments Details of the loans, inter-corporate deposits, advances or investments Notes
Name PAN Name PAN Relationship of the counterparty with the listed entity or its subsidiary Opening balance Closing balance Nature of indebtedness (loan/ issuance of debt/ any other etc.) Details of other indebtedness Cost Tenure Nature (loan/ advance/ intercorporate deposit/ investment ) Interest Rate (%) Tenure Secured/ unsecured Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1 GSS Infotech Limited GSS Infotech CT Incn(Delaware) Subsidiary Of GSS Infotech Ltd Sale of goods or services 30000000 Approved 19545000 0 0
2 GSS Infotech Limited Polimeraas Limited Subsidiary Of GSS Infotech Ltd Loan Approved 700000 408044000 407344000 Loan 0 NA
3 GSS Infotech Limited J.R. Nagajayanthi Das Independent Director Any other transaction Sitting Fees NA 25000 0 0
4 GSS Infotech Limited Prabhakara Rao Alokam Independent Director Any other transaction Sitting Fees NA 80000 0 0
5 GSS Infotech Limited Rambabu Sampangi Kaipa Non Executive Non Independent Director Any other transaction Sitting Fees NA 40000 0 0
6 GSS Infotech Limited P.S. Phaninder Nath Chief Financial Officer Remuneration NA 250000 0 0
7 GSS Infotech Limited Sonu Kumar CFO and Company Secretary Remuneration NA 643000 0 0
8 GSS Infotech Limited GSS Infotech CT Incn(Delaware) Subsidiary Of GSS Infotech Ltd Loan Approved 8225000 115308000 123533000
9 GSS Infotech Limited Polimeraas Retail Pvt. Limited Subsidiary Of GSS Infotech Ltd Loan Approved 1274000 0 1274000
10 GSS Infotech Limited Subbarathnamma Palepu Independent Director Any other transaction Sitting Fees NA 55000 0 0
11 GSS Infotech Limited Saikiran Satya Surya Raghvendra Non Executive Non Independent Director Any other transaction Sitting Fees NA 40000 0 0
Total value of transaction during the reporting period 30877000