IKS September-quarter revenue reaches Rs 1,592.478 crore

Inventurus Knowledge Solutions Limited reported consolidated revenue from operations of Rs 1,592.478 crore for the quarter ended September 30, 2026, compared with Rs 781.091 crore a year earlier, while profit for the period rose to Rs 213.371 crore from Rs 180.719 crore. IKS’s unaudited consolidated results were reviewed by its statutory auditor.

What were IKS’s September-quarter revenue and profit?

IKS reported total income of Rs 1,615.860 crore in the quarter ended September 30, 2026, including Rs 1,592.478 crore of revenue from operations and Rs 23.382 crore of other income. Revenue from operations increased by Rs 811.387 crore from the September 2025 quarter and by Rs 698.849 crore from Rs 893.629 crore in the June 2026 quarter.

Consolidated profit for the period was Rs 213.371 crore, up from Rs 193.741 crore in the June 2026 quarter and Rs 180.719 crore in the September 2025 quarter. Profit before tax reached Rs 273.206 crore, compared with Rs 250.944 crore sequentially and Rs 227.708 crore a year earlier, after a total tax expense of Rs 59.835 crore in the latest quarter.

The quarter-on-quarter increase in revenue was larger than the Rs 19.630 crore rise in profit for the period. Total income increased by Rs 716.521 crore over June, while total expenses increased by Rs 699.566 crore, leaving profit before tax Rs 22.262 crore higher than in the preceding quarter.

How did IKS’s expenses change in the September quarter?

IKS reported total expenses of Rs 1,342.654 crore in the September 2026 quarter, compared with Rs 643.088 crore in June 2026 and Rs 555.620 crore in September 2025. Employee benefit expenses were the largest cost line at Rs 803.647 crore, rising from Rs 455.010 crore in June and Rs 407.050 crore a year earlier.

Finance cost rose to Rs 101.915 crore from Rs 10.110 crore in the June quarter and Rs 16.149 crore in the prior-year quarter. Depreciation and amortisation increased to Rs 89.790 crore from Rs 34.289 crore sequentially, while other expenses rose to Rs 345.057 crore from Rs 143.841 crore.

The filing does not state the reason for the increase in finance cost. Its balance sheet shows consolidated non-current borrowings of Rs 5,752.339 crore at September 30, 2026, compared with Rs 274.990 crore at March 31, 2026, while current borrowings fell to Rs 57.985 crore from Rs 365.677 crore.

Profit before the share of associate profit or loss and tax was Rs 273.206 crore in the September quarter, compared with Rs 256.251 crore in June. The June result included a Rs 5.307 crore share of loss from associates, whereas no associate share was recorded in the September 2026 quarter; the September 2025 quarter included a Rs 1.418 crore associate loss.

How did IKS’s profit attribution and comprehensive income change?

IKS attributed Rs 217.648 crore of September-quarter profit to owners of the company, while non-controlling interests recorded a Rs 4.277 crore loss. These amounts reconcile to consolidated profit for the period of Rs 213.371 crore, whereas all Rs 193.741 crore of June-quarter profit was attributable to owners.

Other comprehensive income, net of tax, was Rs 35.360 crore in the September 2026 quarter, below Rs 46.232 crore in June but also below Rs 87.103 crore a year earlier. The latest quarter’s other comprehensive income included movements in cash-flow hedges, foreign-operation translation and post-employment benefit obligations, which are reported separately from profit for the period.

Total comprehensive income was Rs 248.731 crore in the September quarter, compared with Rs 239.973 crore in June and Rs 267.822 crore in September 2025. Owners were attributed Rs 252.069 crore of total comprehensive income, while non-controlling interests were attributed a Rs 3.338 crore loss.

The presence of non-controlling interests also followed a change in the group’s consolidation structure. The auditor’s report lists IKS WWMG MSO, LLC as a step-down subsidiary with effect from June 30, 2026, after it had been an associate up to June 29, 2026.

What were IKS’s earnings per share and standalone results?

IKS reported basic consolidated earnings per share of Rs 12.98 and diluted earnings per share of Rs 12.72 for the September 2026 quarter. Basic earnings per share rose from Rs 11.56 in June 2026 and Rs 10.81 in September 2025, while diluted earnings per share rose from Rs 11.32 and Rs 10.58, respectively.

The earnings-per-share figures use equity shares with a nominal value of Rs 1 each. Paid-up equity share capital was Rs 17.091 crore at September 30, 2026, compared with Rs 17.071 crore at March 31, 2026.

On a standalone basis, IKS reported revenue from operations of Rs 378.865 crore and profit for the period of Rs 96.267 crore in the September quarter. Standalone revenue was lower than Rs 475.268 crore in June, and standalone basic earnings per share fell to Rs 5.74 from Rs 9.70, unlike the rise in the consolidated basic figure to Rs 12.98.

How did IKS perform in the first half of fiscal 2027?

IKS reported first-half consolidated revenue from operations of Rs 2,486.107 crore for the half year ended September 30, 2026, compared with Rs 1,521.186 crore in the corresponding prior-year half. Profit for the period increased to Rs 407.112 crore from Rs 332.258 crore, while profit before tax rose to Rs 524.150 crore from Rs 422.590 crore.

First-half total expenses increased to Rs 1,985.742 crore from Rs 1,103.946 crore a year earlier. Employee benefit expenses rose to Rs 1,258.657 crore from Rs 803.012 crore, finance cost increased to Rs 112.025 crore from Rs 34.228 crore, and depreciation and amortisation rose to Rs 124.079 crore from Rs 58.046 crore.

Cash flow from operating activities was Rs 222.530 crore for the six months ended September 30, 2026, compared with Rs 398.480 crore in the prior-year period. The cash-flow statement records Rs 5,131.481 crore paid for acquisition of a subsidiary, net of cash acquired, and Rs 5,698.112 crore of proceeds from borrowings during the latest half year.

Cash and cash equivalents ended the half year at Rs 528.538 crore, compared with Rs 223.632 crore at September 30, 2025. Consolidated total assets were Rs 10,993.894 crore at September 30, 2026, up from Rs 4,267.881 crore at March 31, 2026, including goodwill of Rs 5,235.796 crore.

Conclusion

IKS reported higher consolidated September-quarter revenue, profit and earnings per share than in both the preceding and year-earlier quarters. Revenue from operations rose to Rs 1,592.478 crore and profit reached Rs 213.371 crore, while employee costs, finance cost, depreciation and other expenses also increased materially.

The filing does not disclose guidance, a revenue target or the underlying reason for the rise in quarterly finance cost to Rs 101.915 crore. The next reported results will therefore be relevant for assessing how revenue, borrowing-related costs, operating cash flow and the contribution of newly consolidated entities develop after the Rs 5,131.481 crore subsidiary acquisition payment in the first half.