R Systems International reported a 26.8% decline in statutory net profit to ₹55.57 crore for Q2FY27, compared to ₹75.85 crore in the corresponding quarter of the previous year. However, the company's adjusted net profit grew 35.4% to ₹628.74 million when excluding one-time items, demonstrating strong underlying operational performance. According to the company's latest financial results, this profit decline occurred despite achieving robust revenue growth during the quarter.
The company's consolidated revenue from operations reached ₹6,017.01 million for Q2FY27, reflecting a 30.2% increase compared to ₹4,620.15 million in the corresponding period of the previous fiscal year. Revenue grew 17.7% year-on-year in US$ terms for the quarter, driven by sustained demand for services enabled by EXIQO, the company's AI Studio leveraging the OptimaAI platform. As reported by the company, this growth was supported by strong AI-first engineering services demand and improved utilization rates across delivery centers.
The company's adjusted EBITDA surged 51.4% to ₹1,207.50 million in Q2FY27, with margins expanding to 20.1% from 17.3% in the previous year. Operating profit margin (OPM) improved to 18.39% in the June 2026 quarter, compared to 15.19% in the corresponding quarter of the previous year. PBDT (Profit Before Depreciation and Tax) declined by 11% to ₹102.55 crore from ₹115.03 crore in the same period last year, while PBT (Profit Before Tax) also decreased by 19% to ₹80.51 crore from ₹99.18 crore in the previous year's corresponding quarter. The margin expansion was attributed to operating leverage from the platform-led model, disciplined cost management, and higher utilization, particularly in offshore operations.
For the first half of FY27 (H1FY27), consolidated revenue reached ₹11,764.69 million, up 30.1% year-on-year. Adjusted EBITDA for the half-year stood at ₹2,364.15 million, representing a 51.0% growth with margins expanding to 20.1% from 17.3% in H1FY26. The company's cash and bank balances (net of short-term borrowing) increased to ₹3,351 million as of June 30, 2026, from ₹2,726 million at the end of December 2025. Total equity attributable to shareholders strengthened to ₹10,983 million, reflecting robust cash generation and improved financial position.
The mixed financial results reflect the normalization of earnings after one-time asset sale gains in the prior year. In Q2FY26, other income included a ₹435.95 million gain on the sale of land, building, and other assets at the company's Noida office, while Q2FY27 included severance payments and share-based payment expenses of ₹62.37 million related to restricted stock units. Revenue from the Technology, Internet, Platforms & Services (TIPS) vertical remained the largest contributor at 41.39%, followed by Banking, Finance & Insurance (BFSI) at 20.47%. Geographically, the Americas accounted for 71.50% of revenue, while APAC contributed 15.28%. The company continues to focus on its AI-native strategy as mid-market enterprises scale from experimentation to production-grade AI adoption.
