Unaudited Financial Results for the quarter ended June 30, 2026
RESULTS
▲ Positive Development
LOW RISK
📅 Filed on BSE: 29 Jul 2026, 03:40 PM IST · BSE ID: 2c99e74c-452a-4deb-9c09-68d9c1cef50f
View Original BSE Filing (PDF)
💡
In Simple Terms
RNIT AI Solutions announced its latest quarterly financial results, showing higher profits, and is seeking to change some promoter holdings to public status.
🤖 AI Summary
- RNIT AI Solutions reported Q1 FY27 unaudited Net Profit of Rs. 126.62 Lakhs, up 53.61% YoY.
- Revenue from operations for the quarter ended June 30, 2026, was Rs. 785.30 Lakhs.
- Board approved reclassification requests from three entities/individuals to 'Public' category, pending BSE approval.
- Mr. Vivek Kumar Ratakonda (Promoter) holds 60,000 equity shares (0.07%) in the reclassification request.
- Mr. Venkateswara Prasad Ratakonda (Promoter Group) holds 1,219 equity shares (0.00%) in the reclassification.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Net Profit for the quarter ended June 30, 2026
Rs. 126.62 Lakhs
53.61%
Revenue from operations for the quarter ended June 30, 2026
Rs. 785.30 Lakhs
25.67%
Total Income for the quarter ended June 30, 2026
Rs. 820.24 Lakhs
31.26%
Basic EPS for the quarter ended June 30, 2026
Rs. 0.15
36.36%
Paid up equity share capital
Rs. 8,479.21 Lakhs
Shareholding of Mr. Vivek Kumar Ratakonda (Promoter)
0.07%
🏢 How This Affects the Company
The company's core business, software development, AI design, development, support & maintenance, generated Rs. 785.30 Lakhs in revenue from operations for the quarter.
Net Profit for Q1 FY27 increased to Rs. 126.62 Lakhs from Rs. 82.43 Lakhs in Q1 FY26. Total income rose to Rs. 820.24 Lakhs from Rs. 624.88 Lakhs in the comparable prior period.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required from shareholders based on this filing.
👤
Who Is Affected
Shareholders' equity share capital remains at Rs. 8,479.21 Lakhs. The reclassification, once approved, will slightly alter the promoter and public shareholding composition.
🔍
Management Signal
The Board's approval of financial results and reclassification requests indicates active governance and adjustments to the ownership structure in line with SEBI regulations.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
BSE Limited decision on promoter reclassification requests.
Q2 FY27 unaudited financial results for sustained performance.
Any further disclosures regarding changes in promoter/public shareholding.
LOW RISK
The reclassification involves a small percentage of shareholding and is subject to exchange approval.
💡 Investor Takeaway
RNIT AI Solutions reported unaudited Net Profit of Rs. 126.62 Lakhs for Q1 FY27, a 53.61% increase YoY. Revenue from operations was Rs. 785.30 Lakhs. The Board also approved reclassification requests from certain promoters/promoter group members, which awaits BSE Limited approval.
⚖️ Strengths & Concerns
✅ Positives
- Net Profit for Q1 FY27 increased to Rs. 126.62 Lakhs, a 53.61% growth compared to Rs. 82.43 Lakhs in Q1 FY26.
- Revenue from operations grew to Rs. 785.30 Lakhs in Q1 FY27 from Rs. 624.88 Lakhs in Q1 FY26, a 25.67% increase.
⚠️ Concerns
- Reclassification requests from three entities, including a Promoter with 0.07% shareholding, are subject to BSE Limited approval.
- Total expenses rose to Rs. 647.02 Lakhs in Q1 FY27, from Rs. 515.91 Lakhs in Q1 FY26, an increase of 25.41%.
📅 Company Track Record
RNIT AI Solutions reported FY26 net profit of Rs. 1,201.73 Lakhs, representing a 67% YoY increase, with revenue growth of 59.8%. The company also raised Rs. 5,016 Lakhs in equity capital during FY26.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was RNIT AI Solutions' net profit for the quarter ended June 30, 2026?
RNIT AI Solutions reported an unaudited Net Profit of Rs. 126.62 Lakhs for the quarter ended June 30, 2026.
What was the revenue from operations for RNIT AI Solutions in Q1 FY27?
Revenue from operations for RNIT AI Solutions was Rs. 785.30 Lakhs for the quarter ended June 30, 2026.
What reclassification requests did RNIT AI Solutions' Board approve?
The Board approved requests from Mr. Vivek Kumar Ratakonda (Promoter), Mr. Venkateswara Prasad Ratakonda (Promoter Group), and Mr. Vinayak Talwar (Promoter Group) for reclassification to the 'Public' category, subject to BSE Limited approval.
What was the shareholding of Mr. Vivek Kumar Ratakonda as per the reclassification request?
Mr. Vivek Kumar Ratakonda held 60,000 equity shares, representing 0.07% of the shareholding, as per the reclassification request.
How much did RNIT AI Solutions' Net Profit grow year-on-year for Q1 FY27?
RNIT AI Solutions' Net Profit grew by 53.61% year-on-year to Rs. 126.62 Lakhs in Q1 FY27, compared to Rs. 82.43 Lakhs in Q1 FY26.
Questions based on this BSE filing only. For information purposes.