Key Business Approved
1. Audited standalone financial results for the quarter and nine months ended September 30, 2026.
2. Unaudited consolidated financial results for the quarter and nine months ended September 30, 2026.
3. Postal Ballot Notice for seeking shareholder approval for the remuneration of Mr. Nitesh Bansal, Managing Director & Chief Executive Officer.
The Postal Ballot Notice is to be circulated to shareholders separately.
Key Financial Figures (Consolidated - Unaudited)
(All figures in ₹ million, except per share data)
Quarter Ended September 30, 2026 (Q3 FY26):
- Revenue from Operations: ₹6,152.00
- Total Income: ₹6,177.80
- Profit Before Tax: ₹880.53
- Profit for the Period (Net Profit): ₹641.83
- Total Comprehensive Income: ₹711.68
- Basic Earnings Per Share (EPS): ₹5.42
Nine Months Ended September 30, 2026 (9M FY26):
- Revenue from Operations: ₹17,916.69
- Total Income: ₹18,088.52
- Profit Before Tax: ₹2,581.93
- Profit for the Period (Net Profit): ₹1,851.67
- Total Comprehensive Income: ₹1,954.35
- Basic Earnings Per Share (EPS): ₹15.63
Comparative Performance (Consolidated):
- Revenue Growth (YoY Q3): Increased to ₹6,152.0M (Q3 FY26) from ₹4,986.2M (Q3 FY25).
- Net Profit Growth (YoY Q3): Increased to ₹641.8M (Q3 FY26) from ₹353.4M (Q3 FY25).
- Operating Margin (9M FY26): 15.05% (Operating Profit / Revenue from Operations).
- Net Profit Margin (9M FY26): 10.33% (Net Profit / Revenue from Operations).
Key Financial Figures (Standalone - Audited)
(All figures in ₹ million, except per share data)
Quarter Ended September 30, 2026 (Q3 FY26):
- Revenue from Operations: ₹3,476.86
- Profit for the Period (Net Profit): ₹515.32
- Basic Earnings Per Share (EPS): ₹4.35
Nine Months Ended September 30, 2026 (9M FY26):
- Revenue from Operations: ₹10,105.67
- Profit for the Period (Net Profit): ₹1,502.33
- Basic Earnings Per Share (EPS): ₹12.68
Capital Structure & Equity
- Paid-up Equity Share Capital (as of Sept 30, 2026): ₹118.50 million
- During the quarter and nine months ended September 30, 2026, the company allotted 3,270 and 92,376 equity shares, respectively, pursuant to the exercise of Restricted Stock Units under the R Systems Management Incentive Plan 2023.
Amalgamation (Velotio & Scaleworx)
- The Hon'ble NCLT, New Delhi Bench, approved the Composite Scheme of Amalgamation of Velotio Technologies Pvt Ltd and Scaleworx Technologies Pvt Ltd with R Systems on April 16, 2026.
- The Scheme became effective on May 01, 2026, with an Appointed Date of April 01, 2024.
- Pursuant to the Scheme, the Board on May 06, 2026, approved the allotment of 5,160,833 Optionally Convertible Redeemable Preference Shares (OCRPS) of face value Re. 1 each to the erstwhile shareholders of Velotio. These were valued at ₹2,407.00 million and disclosed under "Other Equity". The OCRPS were allotted in the quarter ended June 30, 2026.
- Comparative financial information has been restated to reflect this amalgamation.
Dividend
- The Board declared a second interim dividend for FY26 of ₹8 per equity share (face value Re. 1) on September 25, 2026, aggregating ₹947.97 million.
- A dividend at a fixed rate of 0.0001% was also declared on the OCRPS, aggregating ₹5.16.
- As of September 30, 2026, the dividend amounts were transferred to a separate bank account.
- The dividend on OCRPS was paid on October 08, 2026.
- The interim dividend on equity shares was paid on October 16, 2026.
Other Significant Notes to Financials
1. Exceptional Item (FY25): An impact of ₹245.83 million (Consolidated) / ₹244.49 million (Standalone) was recorded in FY25 due to the enactment of New Labour Codes, increasing employee benefit liabilities. This was presented as an exceptional item.
2. Hedge Accounting: Effective January 01, 2026, the company designated certain foreign currency forward contracts as cash flow hedges. The effective portion of fair value changes is recorded in Other Comprehensive Income (OCI). For Q3 FY26, a gain of ₹16.71 million was recorded in OCI.
3. Segment Reporting: Revenue is primarily from two segments: Information Technology Services (₹16,219.74M for 9M FY26) and Knowledge Services (₹1,742.98M for 9M FY26).
4. Debentures: The company has ₹275 Crores worth of 9.75% unsecured, listed, rated, redeemable NCDs (ISIN: INE411H08011) allotted on November 11, 2025. A separate disclosure confirms that a security cover certificate is not applicable as the debentures are unsecured.
Audit & Review
- The standalone results for the quarter and nine months ended September 30, 2026, are audited by Deloitte Haskins & Sells LLP, who issued an unmodified audit opinion.
- The consolidated results for the quarter and nine months ended September 30, 2026, are reviewed by Deloitte Haskins & Sells LLP, who issued an unmodified limited review report.
- The review report for the consolidated results relies on the review reports of other auditors for 21 subsidiaries.