SRIT India Q2 PAT Jumps 106% YoY to ₹141M

The financial results were reviewed by the Audit Committee and Statutory Auditors, Brahmayya & Co. (Firm Registration No: 000515S). The results are available on the company's website (www.sritindia.com) and stock exchange websites.

Standalone Financial Performance (Quarter Ended September 30, 2026)

| Revenue from Operations | ₹1,032.38M | ₹789.39M | +30.8% |

| Other Income | ₹49.99M | ₹23.16M | +115.8% |

| Total Income | ₹1,082.37M | ₹812.55M | +33.2% |

| Total Expenses | ₹889.60M | ₹652.21M | +36.4% |

| Profit Before Tax | ₹192.77M | ₹160.34M | +20.2% |

| Total Tax Expense | ₹51.52M | ₹49.98M | +3.1% |

| Profit After Tax | ₹141.25M | ₹110.36M | +28.0% |

| Basic EPS (₹) | 2.98 | 2.49 | +19.7% |

Standalone Financial Performance (Half Year Ended September 30, 2026)

| Revenue from Operations | ₹1,897.54M | ₹2,275.82M | -16.6% |

| Other Income | ₹79.66M | ₹49.23M | +61.8% |

| Total Income | ₹1,977.20M | ₹2,325.05M | -15.0% |

| Total Expenses | ₹1,693.03M | ₹2,064.02M | -18.0% |

| Profit Before Tax | ₹284.17M | ₹261.03M | +8.9% |

| Total Tax Expense | ₹74.53M | ₹73.54M | +1.3% |

| Profit After Tax | ₹209.64M | ₹187.49M | +11.8% |

| Basic EPS (₹) | 4.42 | 4.24 | +4.2% |

Consolidated Financial Performance (Quarter Ended September 30, 2026)

| Revenue from Operations | ₹1,047.01M | ₹811.79M | +29.0% |

| Other Income | ₹50.51M | ₹22.84M | +121.1% |

| Total Income | ₹1,097.52M | ₹834.63M | +31.5% |

| Total Expenses | ₹908.61M | ₹679.02M | +33.8% |

| Profit Before Tax | ₹188.92M | ₹155.61M | +21.4% |

| Total Tax Expense | ₹51.52M | ₹56.20M | -8.3% |

| Profit After Tax | ₹137.40M | ₹99.41M | +38.2% |

| Basic EPS (₹) | 2.90 | 2.26 | +28.3% |

Consolidated Financial Performance (Half Year Ended September 30, 2026)

| Revenue from Operations | ₹1,925.11M | ₹2,326.18M | -17.2% |

| Other Income | ₹80.48M | ₹48.99M | +64.3% |

| Total Income | ₹2,005.59M | ₹2,375.17M | -15.6% |

| Total Expenses | ₹1,725.60M | ₹2,126.57M | -18.9% |

| Profit Before Tax | ₹279.99M | ₹248.60M | +12.6% |

| Total Tax Expense | ₹74.53M | ₹73.32M | +1.7% |

| Profit After Tax | ₹205.47M | ₹175.28M | +17.2% |

| Basic EPS (₹) | 4.33 | 3.98 | +8.8% |

Key Balance Sheet Highlights (Standalone as of September 30, 2026)

Total Assets: ₹7,569.22M (vs. ₹6,021.11M on March 31, 2026)
Cash and Cash Equivalents: ₹1,084.05M (vs. ₹52.74M on March 31, 2026)
Trade Receivables: ₹2,676.77M (vs. ₹2,328.26M on March 31, 2026)
Total Equity: ₹2,708.45M (vs. ₹1,843.30M on March 31, 2026)
Total Liabilities: ₹4,860.77M (vs. ₹4,177.81M on March 31, 2026)

Cash Flow Statement (Standalone H1 FY27)

Net Cash from Operating Activities: (₹42.92M)
Net Cash from Investing Activities: ₹12.85M
Net Cash from Financing Activities: ₹1,061.38M
Net Increase in Cash: ₹1,031.31M

Subsequent Event: Initial Public Offering (IPO)

Subsequent to the quarter end, the company completed its Initial Public Offering (IPO) comprising a fresh issue of 16,800,000 equity shares of face value ₹5 each at an issue price of ₹30 per equity share, aggregating to ₹2,184.00 million. The equity shares were listed on the National Stock Exchange of India Limited (NSE) and BSE Limited (BSE) on October 6, 2026.

Segment Information

The company operates in a single reportable business segment: Software Development Services.

Basis of Preparation

The unaudited financial results have been prepared in accordance with Indian Accounting Standard 34 (Ind AS 34) and comply with Regulation 33 of the SEBI Listing Regulations.

Notes

The comparative figures for the quarter ended September 30, 2025, were derived by management and not reviewed by auditors.
The figures for the quarter ended September 30, 2026, represent the difference between the unaudited financial results for the half year ended September 30, 2026, and the unaudited financial results for the quarter ended June 30, 2026.
The consolidated results include subsidiaries: RICT India Private Limited and Sharp and Turner LLP.