Raminfo September-quarter profit triples to Rs 1.84 crore

Raminfo Limited reported consolidated net profit of Rs 1.84 crore for the quarter ended September 30, 2026, more than tripling from Rs 52.80 lakh a year earlier, as revenue from operations increased 73% to Rs 17.47 crore. The quarter included a Rs 24.88 lakh tax credit and Rs 18.39 lakh of profit attributable to non-controlling interests.

How did Raminfo’s September-quarter earnings change?

Raminfo’s consolidated net profit rose to Rs 1.84 crore in the September 2026 quarter from Rs 52.80 lakh in the September 2025 quarter. Revenue from operations increased by Rs 7.39 crore to Rs 17.47 crore, while total income, including other income, rose to Rs 20.05 crore from Rs 10.66 crore.

Profit before tax after adjustments increased to Rs 1.59 crore from Rs 1.30 crore, a smaller change than the increase in profit after tax. Total expenses nearly doubled to Rs 18.46 crore from Rs 9.36 crore, with purchases of stock-in-trade rising to Rs 6.22 crore from Rs 7.54 lakh and operating expenses increasing to Rs 8.96 crore from Rs 6.95 crore.

Employee benefits expense rose to Rs 1.64 crore from Rs 86.70 lakh in the year-earlier quarter, while depreciation and amortisation declined to Rs 34.95 lakh from Rs 77.21 lakh. Basic and diluted earnings per share were Rs 2.02, compared with Rs 0.67 in the September 2025 quarter, based on paid-up equity share capital of Rs 81.90 lakh.

Why did Raminfo’s profit rise faster than profit before tax?

Raminfo’s profit after tax rose faster than profit before tax because it recorded a total tax credit of Rs 24.88 lakh in the September 2026 quarter, against a tax expense of Rs 76.76 lakh a year earlier. The latest quarter included a deferred-tax credit of Rs 54.05 lakh, which exceeded the current-tax charge of Rs 29.17 lakh.

The September 2025 quarter had a deferred-tax expense of Rs 43.84 lakh and current tax of Rs 32.92 lakh. Other income also rose to Rs 2.58 crore from Rs 57.78 lakh, while finance costs increased to Rs 10.08 lakh from Rs 8.14 lakh, affecting the movement from operating income to reported profit.

On a sequential basis, revenue from operations declined from Rs 26.20 crore in the June 2026 quarter to Rs 17.47 crore in the September quarter. Net profit nevertheless rose from Rs 41.80 lakh to Rs 1.84 crore as total expenses fell from Rs 26.71 crore to Rs 18.46 crore and the tax line shifted from a Rs 31.47 lakh expense to a credit.

For the half year ended September 30, 2026, revenue from operations was Rs 43.67 crore, compared with Rs 23.45 crore in the corresponding 2025 period. Half-year net profit was Rs 2.28 crore, compared with Rs 82.16 lakh, while total tax expense was Rs 6.59 lakh against Rs 10.21 lakh in the prior-year period.

What did Raminfo’s group entities contribute to results?

Raminfo’s consolidated accounts cover four subsidiaries, one joint venture and one associate, making six group entities in addition to the holding company. The subsidiaries are Raminfo Digitech Private Limited, Raminfo Greentronics Private Limited, Raminfo Health Private Limited and Raminfo Green Energy Private Limited; the joint venture and associate are also included in the limited review report.

Raminfo Green Energy Private Limited was the largest separately disclosed subsidiary contributor in the September quarter, with revenue and other income of Rs 4.44 crore and net profit of Rs 61.37 lakh. For the period from April 1 to September 30, 2026, it reported revenue and other income of Rs 21.56 crore and profit of Rs 91.75 lakh.

Raminfo Digitech Private Limited reported quarterly revenue and other income of Rs 43.42 lakh and profit of Rs 6,000. Raminfo Greentronics Private Limited reported no revenue and a Rs 42,000 loss, while Raminfo Health Private Limited had no revenue and a Rs 41,000 loss; the joint venture reported no quarterly revenue and the associate recorded nil total comprehensive income for the period.

The allocation of consolidated profit also changed from the prior year. Of September-quarter profit of Rs 1.84 crore, Rs 1.66 crore was attributable to Raminfo’s owners and Rs 18.39 lakh to non-controlling interests, compared with a Rs 2.12 lakh loss attributable to non-controlling interests in the September 2025 quarter.

How did Raminfo’s standalone and consolidated results differ?

Raminfo’s consolidated revenue of Rs 17.47 crore exceeded standalone revenue of Rs 13.01 crore in the September 2026 quarter, while consolidated net profit of Rs 1.84 crore was above standalone net profit of Rs 1.29 crore. The consolidated statements include the subsidiaries, joint venture and associate, whereas the standalone statement covers Raminfo itself.

Standalone total income was Rs 15.59 crore and standalone profit before tax was Rs 83.79 lakh. A standalone tax credit of Rs 45.40 lakh resulted in net profit of Rs 1.29 crore, compared with standalone profit of Rs 75.38 lakh in the September 2025 quarter.

The gap between standalone and consolidated profit cannot identify the contribution of a single group entity because the consolidated accounts include group-level accounting and allocations. The filing separately reports Rs 18.39 lakh of quarterly profit attributable to non-controlling interests and the Rs 61.37 lakh September-quarter profit reported by Raminfo Green Energy.

Standalone earnings per share were Rs 1.58, compared with consolidated earnings per share of Rs 2.02. The filing says convertible warrants were issued at fair market price under Securities and Exchange Board of India regulations and were not included in diluted earnings-per-share calculations.

What changed in Raminfo’s balance sheet and review status?

Raminfo’s consolidated total assets rose to Rs 135.95 crore at September 30, 2026 from Rs 122.64 crore at March 31, 2026. Current assets increased to Rs 106.79 crore from Rs 91.13 crore, while non-current assets declined to Rs 29.16 crore from Rs 31.51 crore.

Trade receivables increased to Rs 53.03 crore from Rs 43.70 crore, inventories rose to Rs 6.76 crore from Rs 4.49 crore, and loans and advances increased to Rs 23.66 crore from Rs 17.17 crore. Cash and cash equivalents declined to Rs 4.44 crore from Rs 6.63 crore, while bank balances other than cash equivalents rose to Rs 15.00 crore from Rs 14.81 crore.

Total liabilities rose to Rs 61.77 crore at September 30 from Rs 51.14 crore at March 31, while total equity increased to Rs 74.19 crore from Rs 71.50 crore. Trade payables due to parties other than micro and small enterprises increased to Rs 42.01 crore from Rs 29.25 crore, and non-controlling interest moved to Rs 56.04 lakh from negative Rs 7.43 lakh.

Dhanunjaya & Haranath conducted a limited review of the consolidated results under Standard on Review Engagements 2410, with its report dated November 12, 2026. The auditor said nothing had come to its attention indicating that the statements lacked required disclosures or contained a material misstatement, while noting that a limited review provides less assurance than an audit and does not express an audit opinion.

Conclusion

Raminfo’s September-quarter result combined a 73% rise in revenue with profit of Rs 1.84 crore, but the increase in reported profit also reflected a Rs 24.88 lakh tax credit. The group outcome included the disclosed earnings of Raminfo Green Energy and a return to positive profit attributable to non-controlling interests.

The unresolved point in the disclosed figures is whether the increase in trade receivables to Rs 53.03 crore, inventories to Rs 6.76 crore and loans and advances to Rs 23.66 crore will convert into cash and future revenue. The next results will also clarify whether the September-quarter tax credit and group-entity contribution levels recur.