R Systems International Limited — quarter ended March 31, 2026
R SYSTEMS INTERNATIONAL LIMITED — Statement of Consolidated Unaudited Financial Results for the quarter ended March 31, 2026 (Rs. in million, except per share data)
| S.No. | Particulars | Three months ended | Year ended |
|---|---|---|---|
| 31.03.2026 (Unaudited) | 31.12.2025 (Unaudited) (refer to Note 8) | ||
| 1 | Income | ||
| (a) | Revenue from operations | 5,747.68 | 5,551.09 |
| (b) | Other income (refer to Note 4) | 201.51 | 29.84 |
| Total income | 5,949.19 | 5,580.93 | |
| 2 | Expenses | ||
| (a) | Employee benefits expense | 3,597.49 | 3,543.97 |
| (b) | Finance costs | 95.91 | 68.19 |
| (c) | Depreciation and amortisation expense | 215.07 | 193.43 |
| (d) | Other expenses | 1,144.40 | 1,071.76 |
| Total expenses | 5,052.87 | 4,877.35 | |
| 3 | Profit before exceptional item and tax (1-2) | 896.32 | 703.58 |
| 4 | Exceptional Item | ||
| Impact of New Labour Codes (refer to Note 5) | – | 245.83 | |
| 5 | Profit before tax (3-4) | 896.32 | 457.75 |
| 6 | Tax expense | ||
| (a) | Current tax | 193.24 | 124.51 |
| (b) | Deferred tax expense / (credit) | 48.94 | (30.84) |
| Total tax expense | 242.18 | 93.67 | |
| 7 | Profit for the period / year (5-6) | 654.14 | 364.08 |
| 8 | Other comprehensive income / (loss) | ||
| Items that will not be reclassified subsequently to profit or loss | |||
| (a) | Re-measurements of the defined benefit plans | 31.66 | 8.34 |
| (b) | Tax relating to re-measurements of the defined benefit plans | (7.97) | (2.10) |
| Items that will be reclassified subsequently to profit or loss | |||
| (a) | Fair value changes on derivatives designated as cash flow hedge (refer to Note 6) | (180.42) | – |
| (b) | Tax relating to fair value changes on derivatives designated as cash flow hedge | 45.41 | – |
| (c) | Foreign currency translation reserve | 149.90 | 44.35 |
| Total other comprehensive income / (loss) | 38.58 | 50.59 | |
| 9 | Total comprehensive income for the period / year (7+8) | 692.72 | 414.67 |
| 10 | Profit attributable to | ||
| Equity shareholders of the company | 654.14 | 364.08 | |
| Non controlling interest | – | – | |
| 654.14 | 364.08 | ||
| 11 | Total comprehensive income attributable to | ||
| Equity shareholders of the company | 692.72 | 414.67 | |
| Non controlling interest | – | – | |
| 692.72 | 414.67 | ||
| 12 | Paid-up equity share capital | 118.48 | 118.40 |
| 13 | Other equity (refer to Note 3) | – | – |
| 14 | Earnings per share (refer to Note 7 and Note 9) | ||
| (Equity share of par value of Re. 1/- each) | |||
| (a) | Basic | 5.52 | 3.08 |
| (b) | Diluted | 5.29 | 2.94 |
Annexure A — Additional information pursuant to Regulation 52(4) (on consolidated basis)
| Particulars | Three months ended | Year ended |
|---|---|---|
| 31.03.2026 (Unaudited) | 31.12.2025 (Unaudited) (refer to Note 3 and Note 8) | |
| (a) Debt equity ratio (times) | 0.40 | 0.40 |
| (b) Debt service coverage ratio (times) (not annualised) | 6.59 | 6.75 |
| (c) Interest service coverage ratio (times) (not annualised) | 8.24 | 10.88 |
| (d) Outstanding redeemable preference shares | NA | NA |
| (e) Capital Redemption Reserve (Rs. in million) | 5.02 | 5.02 |
| (f) Debenture redemption reserve | NA | NA |
| (g) Net worth (Rs. in million) | 10,371.56 | 10,323.23 |
| (h) Net profit for the period / year (Rs. in million) | 654.14 | 364.08 |
| (i) Earnings per share (Rs.) (refer to Note 7 and Note 9) (Equity share of par value of Re. 1/- each) | ||
| – Basic | 5.52 | 3.08 |
| – Diluted | 5.29 | 2.94 |
| (j) Current ratio (times) | 2.00 | 1.90 |
| (k) Long term debt to working capital (times) | 0.80 | 0.86 |
| (l) Bad debts to accounts receivable ratio (times) (not annualised) | 0.01 | 0.00 |
| (m) Current liability ratio (times) | 0.52 | 0.54 |
| (n) Total debts to total assets ratio (times) | 0.17 | 0.17 |
| (o) Debtors’ turnover ratio (times) (not annualised) | 1.35 | 1.48 |
| (p) Inventory turnover ratio | NA | NA |
| (q) Operating margin (%) | 13.76% | 13.37% |
| (r) Net profit margin (%) | 11.38% | 6.56% |
Annexure B — Consolidated Segment Information (Rs. in million)
| S.No. | Particulars | 31.03.2026 (Unaudited) | 31.12.2025 (Unaudited) (refer to Note 8) | 31.03.2025 (Unaudited) | 31.12.2025 (Audited) |
|---|---|---|---|---|---|
| 1 | Segment revenue | ||||
| – Information technology services | 5,208.13 | 5,025.30 | 3,948.08 | 17,559.93 | |
| – Knowledge services | 556.18 | 550.92 | 492.43 | 2,085.56 | |
| Total | 5,764.31 | 5,576.22 | 4,440.51 | 19,645.49 | |
| Less: Elimination of intersegment sales | 16.63 | 25.13 | 15.86 | 63.43 | |
| Revenue from operations | 5,747.68 | 5,551.09 | 4,424.65 | 19,582.06 | |
| 2 | Segment results before tax, interest and exceptional items | ||||
| – Information technology services | 841.72 | 549.51 | 472.21 | 1,904.53 | |
| – Knowledge services | 265.56 | 233.33 | 213.13 | 897.85 | |
| Total | 1,107.28 | 782.84 | 685.34 | 2,802.38 | |
| (i) Finance costs | (95.91) | (68.19) | (14.90) | (141.74) | |
| (ii) Interest income | 5.97 | 10.12 | 11.01 | 44.78 | |
| (iii) Other unallocable income (refer to Note 4) | 2.07 | 0.80 | 2.27 | 442.88 | |
| (iv) Other unallocable expenses* | (123.09) | (267.82) | (116.44) | (596.59) | |
| Profit before tax | 896.32 | 457.75 | 567.28 | 2,551.71 |
Statement of Standalone Audited Financial Results for the quarter ended March 31, 2026 (Rs. in million, except per share data)
| S.No. | Particulars | Three months ended | Year ended |
|---|---|---|---|
| 31.03.2026 (Audited) | 31.12.2025 (Audited) (refer to Note 3) | ||
| 1 | Income | ||
| (a) | Revenue from operations | 3,203.41 | 3,386.60 |
| (b) | Other income (refer to Note 4 and Note 5) | 259.80 | 26.32 |
| Total income | 3,463.21 | 3,412.92 | |
| 2 | Expenses | ||
| (a) | Employee benefits expense | 2,108.16 | 2,157.01 |
| (b) | Finance costs | 91.85 | 65.19 |
| (c) | Depreciation and amortisation expense | 132.00 | 131.59 |
| (d) | Other expenses | 342.72 | 515.05 |
| Total expenses | 2,674.73 | 2,868.84 | |
| 3 | Profit before exceptional item and tax (1-2) | 788.48 | 544.08 |
| 4 | Exceptional Item | ||
| Impact of New Labour Codes (refer to Note 6) | – | 244.49 | |
| 5 | Profit before tax (3-4) | 788.48 | 299.59 |
| 6 | Tax expense | ||
| (a) | Current tax | 126.20 | 80.60 |
| (b) | Deferred tax expense / (credit) | 33.36 | (15.99) |
| Total tax expense | 159.56 | 64.61 | |
| 7 | Profit for the period / year (5-6) | 628.92 | 234.98 |
| 8 | Other comprehensive income / (loss) Items that will not be reclassified subsequently to profit or loss |
||
| (a) | Re-measurements of the defined benefit plans | 31.68 | 4.69 |
| (b) | Tax relating to re-measurements of the defined benefit plans | (7.97) | (1.17) |
| Items that will be reclassified subsequently to profit or loss | |||
| (a) | Fair value changes on derivatives designated as cash flow hedge (refer to Note 7) | (180.42) | – |
| (b) | Tax relating to fair value changes on derivatives designated as cash flow hedge | 45.41 | – |
| Total other comprehensive income / (loss) | (111.30) | 3.52 | |
| 9 | Total comprehensive income for the period / year (7+8) | 517.62 | 238.50 |
| 10 | Paid-up equity share capital | 118.48 | 118.40 |
| 11 | Other equity (refer to Note 3) | – | – |
| 12 | Earnings per share (refer to Note 8 and Note 9) (Equity share of par value of Re. 1/- each) |
||
| (a) | Basic | 5.31 | 1.98 |
| (b) | Diluted | 5.09 | 1.89 |
Annexure A — Additional information pursuant to Regulation 52(4) (on standalone basis)
| Particulars | Three months ended | Year ended |
|---|---|---|
| 31.03 |