Lee & Nee Softwares reports ₹13.57 lakh Q2 FY27 profit

Lee & Nee Softwares (Exports) Limited reported a consolidated net profit of ₹13.57 lakh for the quarter ended September 30, 2026, with revenue from operations of ₹398.32 lakh. The disclosure matters because the company also reported total quarterly expenses of ₹414.28 lakh, while another supplied results summary described a ₹9.22 lakh loss, creating a need to distinguish between the reported figures.

What did Lee & Nee Softwares report for Q2 FY27?

Lee & Nee Softwares reported net profit of ₹13.57 lakh and total comprehensive income of ₹9.99 lakh for the quarter ended September 30, 2026. The company disclosed the figures as part of its unaudited standalone and consolidated financial results for the second quarter of FY27.

For the six months ended September 30, 2026, Lee & Nee Softwares reported net profit of ₹28.50 lakh. Total comprehensive income for the half-year was ₹64.78 lakh. The results were reviewed by the Audit Committee and approved by the Board of Directors on November 13, 2026.

The company operates in the Software & IT Services sector and is classified under the software industry. Its results announcement covered the July-September 2026 quarter and the first half of the financial year.

How did the Q2 FY27 figures compare with the preceding quarter?

Lee & Nee Softwares' reported Q2 net profit of ₹13.57 lakh was lower than the ₹14.93 lakh profit stated for the preceding quarter. This represents a sequential decline of ₹1.36 lakh based on the profit figures provided.

The company had reported sales of ₹361 lakh for the quarter ended June 2026, alongside net profit of ₹15 lakh. That June-quarter sales figure was stated to be 40.5% higher than the ₹257 lakh reported in the corresponding quarter a year earlier, while net profit was stated to be 87.5% higher year on year.

The supplied historical operating-profit data showed operating losses in recent quarters, including a ₹5 lakh operating loss in June 2026 and a ₹5 lakh operating loss in March 2026. These data points provide context for the company’s operating performance, although they should not be treated as a direct reconciliation to the newly reported profit figures.

What were Lee & Nee Softwares' revenue and expense figures?

Lee & Nee Softwares reported consolidated revenue from operations of ₹398.32 lakh for Q2 FY27 and ₹759.56 lakh for the half-year ended September 30, 2026. Consolidated total expenses were ₹414.28 lakh for the quarter and ₹784.27 lakh for the six-month period.

The disclosed quarterly expenses exceeded reported revenue from operations by ₹15.96 lakh, while half-year expenses exceeded revenue from operations by ₹24.71 lakh. The provided information does not contain the full line-item financial statement needed to explain the difference between these operating measures and the reported net profit or total comprehensive income.

Why do the reported Q2 figures require careful reading?

The reported Q2 figures require careful reading because one supplied summary describes a consolidated net loss of ₹9.22 lakh, compared with a loss of ₹12.76 lakh in the preceding quarter. That summary also cited total revenue of ₹21.04 lakh and referred to operational challenges in the IT-enabled services segment.

This conflicts with the other supplied disclosure, which states a consolidated Q2 net profit of ₹13.57 lakh and revenue from operations of ₹398.32 lakh. The available text does not specify whether the conflicting summary relates to a different reporting basis, entity scope, metric, or source document. Therefore, the figures should not be combined or used to infer a single profitability trend.

For investors, the Board-approved unaudited results and accompanying statutory-auditor limited review are the relevant disclosures cited in the material. A complete exchange filing, including detailed standalone and consolidated schedules, would be needed to reconcile revenue, expenses, profit and comprehensive income across the reported summaries.

How could the results affect investors and the software services business?

The results give investors updated information on Lee & Nee Softwares' first-half financial performance, including ₹759.56 lakh in consolidated revenue from operations and ₹28.50 lakh in reported half-year net profit. The sequential comparison shows that the stated quarterly profit declined from ₹14.93 lakh in June 2026 to ₹13.57 lakh in September 2026.

The difference between revenue and total expenses makes detailed financial-statement review particularly important. Investors evaluating the company’s financial performance would need to assess the relevant notes, other income or expense items, tax effects, and any differences between standalone and consolidated reporting before drawing conclusions about operating profitability.

The company’s results were considered under the disclosure framework of the Securities and Exchange Board of India Listing Obligations and Disclosure Requirements Regulations, 2015. The unaudited statements were prepared under Indian Accounting Standard 34 for interim financial reporting, according to the information provided for the June-quarter results.

Conclusion

Lee & Nee Softwares disclosed a ₹13.57 lakh Q2 FY27 net profit, ₹9.99 lakh in total comprehensive income and ₹398.32 lakh in consolidated revenue from operations. For the first half, it reported ₹28.50 lakh in net profit on revenue from operations of ₹759.56 lakh. However, the supplied material also contains an inconsistent loss-based summary, so the reported figures require verification against the detailed filing.

The next item to watch is the detailed unaudited standalone and consolidated financial statements and the statutory auditors’ limited review report approved on November 13, 2026. These documents can clarify the relationship between revenue, expenses, net profit, comprehensive income and the conflicting ₹9.22 lakh loss summary.