Financial Results Approval

The Board approved the unaudited financial results for the quarter ended June 30, 2026, as recommended by the Audit Committee. The results were accompanied by a Limited Review Report issued by the statutory auditors, MSPR & Co. Chartered Accountants (FRN: 0101525).

Key Financial Figures (Rs. in Lakhs)

Income Statement:

  • Revenue from operations: ₹785.30 (Q1 FY27) vs ₹624.88 (Q1 FY26) - 26% increase YoY
  • Other income: ₹34.94 (Q1 FY27) vs ₹0 (Q1 FY26)
  • Total Income: ₹820.24 (Q1 FY27) vs ₹624.88 (Q1 FY26)

Expenses:

  • Operating Expenses: ₹70.03 (Q1 FY27) vs ₹68.26 (Q1 FY26)
  • Employee benefit expense: ₹238.56 (Q1 FY27) vs ₹187.51 (Q1 FY26)
  • Finance cost: ₹36.27 (Q1 FY27) vs ₹14.72 (Q1 FY26)
  • Depreciation and amortization: ₹103.24 (Q1 FY27) vs ₹99.90 (Q1 FY26)
  • Other expenses: ₹198.92 (Q1 FY27) vs ₹145.51 (Q1 FY26)
  • Total expenses: ₹647.02 (Q1 FY27) vs ₹515.91 (Q1 FY26)

Profitability:

  • Profit before tax: ₹173.22 (Q1 FY27) vs ₹108.97 (Q1 FY26)
  • Tax expenses: ₹46.60 (Q1 FY27) vs ₹26.53 (Q1 FY26)
  • Current tax: ₹28.23
  • Deferred tax: ₹18.37
  • Net Profit for the period: ₹126.62 (Q1 FY27) vs ₹82.43 (Q1 FY26) - 54% increase YoY

Share Capital and EPS:

  • Paid-up equity share capital (face value ₹10 each): ₹8,479.21 lakhs
  • Basic EPS: ₹0.15 (Q1 FY27) vs ₹0.11 (Q1 FY26)
  • Diluted EPS: ₹0.15 (Q1 FY27) vs ₹0.11 (Q1 FY26)

Promoter Reclassification Approval

The Board considered requests dated July 24, 2026, from three promoter group members seeking reclassification from "Promoter and Promoter Group" category to "Public" category under Regulation 31A of SEBI LODR Regulations:

1. Mr. Vivek Kumar (Promoter) - 60,000 shares (0.07%)

2. Mr. Venkateswara Prasad Ratakonda (Promoter Group) - 1,219 shares (0.00%)

3. Mr. Vinayak Talwar (Promoter Group) - Nil shares

Conditions and Approvals

The applicants confirmed they:

  • Do not hold more than 10% of total voting rights
  • Do not exercise control over company affairs
  • Have no special rights through formal or informal arrangements
  • Are not represented on the Board
  • Do not act as Key Managerial Personnel
  • Are not wilful defaulters or fugitive economic offenders
  • Have no pending regulatory action

Shareholder approval is not required as the applicants collectively hold less than 1% of total voting rights.

Additional Information

  • The company operates in a single segment: Software development, AI Design, Development, Support & Maintenance
  • Financial results prepared in accordance with Ind AS 34
  • Figures for previous periods regrouped/rearranged for consistency
  • Information available on company website: https://rnit.ai/announcements
  • Company CIN: L62090RJ1985PLC003427