Netripples Software delivered exceptional financial performance in Q1 FY27, posting a standalone net profit of ₹6.41 lakh compared to a net loss of ₹7.20 lakh in Q4 FY26. This represents a significant turnaround from the previous quarter and marks a substantial improvement from the net profit of ₹3.18 lakh recorded in Q1 FY26. The company's earnings per share (EPS) rose to ₹0.09 from nil in the previous quarter, reflecting the positive net income against a paid-up equity capital of ₹681.69 lakh.
The company's revenue from operations decreased to ₹181.86 lakh in Q1 FY27, down from ₹202.00 lakh in the previous quarter, but total expenses also fell to ₹175.45 lakh from ₹209.20 lakh. The primary driver of improved profitability was the significant reduction in onsite expenses, which fell by approximately ₹33 lakh compared to the prior quarter. Onsite expenses constituted the largest component of costs at ₹168.45 lakh, down from ₹201.45 lakh in Q4 FY26. Employee benefits expense also saw a slight decline to ₹4.00 lakh from ₹4.25 lakh, while depreciation and amortisation expenses reduced to ₹3.00 lakh from ₹3.50 lakh.
The company's operating profit margin (OPM) showed significant improvement as the reduction in expenses outpaced the decline in revenue. The operating profit margin (OPM) stood at 4.95% in the June 2026 quarter, compared to 4.13% in the corresponding quarter of the previous year. This improvement in operational efficiency contributed to the overall profit growth despite the company operating in a competitive market environment and the quarterly revenue contraction.
Total income for the quarter was ₹181.86 lakh, driven entirely by revenue from operations as other income remained nil. The Board of Directors approved the unaudited financial results at a meeting held on August 10, 2026, with statutory auditors BGS and Associates issuing a limited review report confirming the financial statements present a true and fair view. The company's FY26 total revenue was ₹717.65 lakh with a total profit of ₹2.72 lakh, demonstrating the company's ability to maintain profitability despite quarterly fluctuations. The turnaround reflects effective cost management strategies and operational efficiency improvements implemented by the company.
