R Systems International surges as Q3 net profit jumps 53% YoY
Revenue from operations increased 24.3% year on year to Rs 615.20 crore in Q3 2026. Sequentially, revenue rose 2.2% from Rs 601.70 crore in Q2 2026.
Adjusted EBITDA increased 46.9% year on year and 3% quarter on quarter to Rs 124.44 crore. Adjusted EBITDA margin expanded to 20.2% from 16.9% in Q3 2025 and 20.1% in Q2 2026.
Profit before tax stood at Rs 88.05 crore in Q3 2026, up 9.4% vs previous quarter and 64.2% vs year-ago quarter.
The Technology, Internet, Platforms and Services (TIPS) vertical contributed 41.12% of revenue, followed by Banking, Financial Services and Insurance (BFSI) at 21.40%, Telecom, Media and Entertainment at 15.67%, healthcare at 10.93%, and Manufacturing and Logistics at 10.88%.
The Americas accounted for 70.60% of revenue, followed by APAC at 16.03%, Europe at 9.41% and the Middle East and Africa at 3.96%.
For the first nine months of CY2026, revenue grew 17.5% year on year in US dollar terms, according to the company.
Managing director and CEO Nitesh Bansal said demand for engineering-led transformation was increasing as enterprises moved from AI experimentation to scaled adoption. He said the company's AI studio EXIQO, reusable industry templates and agent frameworks were helping clients achieve business outcomes and strengthening its position across markets and industry verticals.
As of 30 September 2026, cash and bank balances, net of short-term borrowings and amounts set aside for dividend, stood at Rs 348.7 crore, compared with Rs 272.6 crore as of 31 December 2025. Total equity attributable to shareholders increased to Rs 1,077.9 crore from Rs 1,032.3 crore.
R Systems International is a digital product engineering company that designs and develops products, platforms and digital solutions for businesses across industries. Its services also include revenue cycle management, back-office operations, technical support and customer care. The company uses technologies such as cloud, automation, AI, machine learning and analytics. It has over 5,100 employees across 22 development and service centres and serves technology companies, SaaS providers and businesses in telecom, media, fintech, insurtech and healthtech.
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