Vivo Collaboration Solutions returns to H1 profit as income rises

VIVO COLLABORATION SOLUTIONS LIMITED reported a Rs 3.32 lakh net profit for the half year ended September 30, 2026, reversing a Rs 2.032 crore loss a year earlier, as total income rose to Rs 4.7891 crore from Rs 36.89 lakh. Vivo Collaboration Solutions’ board approved the unaudited results on November 6, 2026.

How did Vivo Collaboration Solutions return to profit in H1 FY27?

Vivo Collaboration Solutions returned to profit because total income of Rs 4.7891 crore exceeded total expenses of Rs 4.7478 crore in the half year ended September 30, 2026. This produced profit before tax of Rs 3.14 lakh and net profit of Rs 3.32 lakh after a deferred-tax figure of Rs 82,000.

In the corresponding half year ended September 30, 2025, Vivo Collaboration Solutions reported total income of Rs 36.89 lakh and total expenses of Rs 2.4008 crore, resulting in a net loss of Rs 2.032 crore. The year-on-year change was therefore driven by income increasing by Rs 4.4202 crore, exceeding the Rs 2.347 crore increase in expenses.

Basic and diluted earnings per share were Rs 0.16 for the September 2026 half, compared with a loss per share of Rs 10.08 in the previous corresponding half. The filing also reports total comprehensive income of Rs 3.32 lakh for the latest half because it recorded no other comprehensive income.

What made up Vivo Collaboration Solutions’ H1 FY27 income?

Vivo Collaboration Solutions reported Rs 1.80 crore in revenue from operations and Rs 2.9891 crore in other income for the half year ended September 30, 2026. Other income was therefore the larger of the two reported income lines and accounted for more than half of total income of Rs 4.7891 crore.

The previous corresponding half showed total income of Rs 36.89 lakh, with that amount presented as other income and no revenue-from-operations amount shown in the results table. The filing does not explain the source or recurrence of the Rs 2.9891 crore of other income recorded in the September 2026 half.

The comparison with the half year ended March 31, 2026 shows a change in income mix. Revenue from operations fell to Rs 1.80 crore from Rs 3.25 crore, while other income rose to Rs 2.9891 crore from Rs 14.11 lakh; total income increased to Rs 4.7891 crore from Rs 3.3911 crore. Vivo Collaboration Solutions states that segment reporting is not applicable because it operates in one segment.

Which Vivo Collaboration Solutions expenses changed most?

Vivo Collaboration Solutions’ total expenses rose to Rs 4.7478 crore in the September 2026 half from Rs 2.4008 crore a year earlier. Other expenses were Rs 3.1011 crore, compared with Rs 77.28 lakh in the September 2025 half, representing the largest reported expense movement between the two periods.

Employee benefit expense increased to Rs 1.6201 crore from Rs 1.5015 crore in the year-earlier half. Depreciation, depletion and amortisation declined to Rs 2.64 lakh from Rs 3.64 lakh, while finance costs fell to Rs 1,000 from Rs 2,000.

Against the immediately preceding half ended March 31, 2026, total expenses increased from Rs 2.2198 crore to Rs 4.7478 crore. Employee benefit expense was Rs 1.5285 crore in the March half, while other expenses were Rs 17.68 lakh, compared with Rs 3.1011 crore in the September half. The results table shows no purchases of stock-in-trade and services in the September 2026 period.

What do Vivo Collaboration Solutions’ cash flows show?

Vivo Collaboration Solutions ended September 30, 2026 with Rs 4.2313 crore of cash and cash equivalents, compared with Rs 76.55 lakh at March 31, 2026. The cash-flow statement reports a net increase of Rs 3.4658 crore during the six-month period.

Financing activities generated Rs 4.5245 crore in the September 2026 period, including Rs 4.235 crore of proceeds from issue of share capital or application money and Rs 28.95 lakh from changes in short-term loans. Investing activities generated Rs 54.51 lakh, including Rs 29.45 lakh from the reported sale or purchase of long- and short-term investments and Rs 5.98 lakh of interest and dividend income.

Operating activities used Rs 1.6038 crore of cash during the period, despite the Rs 3.32 lakh net profit. The cash-flow statement includes a Rs 1.9952 crore movement in trade receivables, a Rs 1.005 crore movement in inventories and a Rs 1.6038 crore figure for trade payables and other liabilities among operating-cash-flow adjustments.

Vivo Collaboration Solutions reported total assets of Rs 16.7626 crore at September 30, 2026, compared with Rs 12.1743 crore at March 31, 2026. Shareholders’ funds were Rs 15.745 crore at September 30, versus Rs 11.4763 crore at March 31, while current liabilities were Rs 1.0176 crore, compared with Rs 69.75 lakh.

What did Vivo Collaboration Solutions disclose about review and fund raising?

Vivo Collaboration Solutions’ statutory auditor completed a limited review of the September 2026 half-year results and stated that nothing had come to its attention indicating that the financial statement contained a material misstatement. The report, dated November 6, 2026, says the review follows Standard on Review Engagement 2410 and provides less assurance than an audit.

The filing states that the audit committee reviewed and the board approved the unaudited standalone and consolidated financial results on November 6, 2026. It also says previous-period figures were regrouped, recast or rearranged where considered necessary, including the March 31, 2026 half-year figures that are balancing figures between full-year audited results and published year-to-date data.

Separately, Vivo Collaboration Solutions said its Fund-Raising Committee is authorised to determine the structure, timing, pricing, terms and conditions of a fund raising, subject to applicable laws and approvals. The disclosure gives no amount, instrument, proposed issue date or investor allocation, and says committee details will be disclosed when required.

Conclusion

Vivo Collaboration Solutions moved from a Rs 2.032 crore loss in the September 2025 half to a Rs 3.32 lakh profit in the September 2026 half as total income reached Rs 4.7891 crore. The result reflects a sharp rise in reported other income to Rs 2.9891 crore, while total expenses also increased to Rs 4.7478 crore, led by Rs 3.1011 crore of other expenses.

The next reporting period will show whether revenue from operations, which was Rs 1.80 crore in the September half versus Rs 3.25 crore in the March half, changes further and whether operating cash flow improves from an outflow of Rs 1.6038 crore. Vivo Collaboration Solutions has also authorised a committee to set terms for a fund raising, but the November 6, 2026 disclosure does not specify the amount or timetable.