RS Software Q1 FY26: Loss narrows, revenue down 10%

Company snapshot and what the latest numbers show

R S Software (India) Limited provides software solutions to the electronic payments industry across India, the United States, and the United Kingdom. The company works on development, testing, and maintenance of software products. Recent reported financial snapshots in the provided data point to a weak trailing twelve months (TTM) profitability profile, alongside quarter-on-quarter movement in revenue and losses in the latest quarterly period. The figures also show a gap between revenue and costs at the TTM level, resulting in negative gross profit and a deep net margin.

The quarterly dataset provided for the period ended Jun 25 shows a sequential revenue decline versus the previous quarter (Mar 26). At the same time, losses reduced compared with the immediately preceding quarter, as operating income and net income improved on a QoQ basis. The results are relevant because they give investors a near-term view of how costs, expenses, and income are moving, even as the broader TTM picture remains loss-making.

TTM profitability: revenue below cost of revenue

The TTM income statement figures in the provided data show revenue of ₹25.14 crore and cost of revenue of ₹29.50 crore. That combination resulted in a gross profit of -₹4.36 crore and a gross margin of -17.36%. Other expenses in the same TTM snapshot are listed at ₹24.75 crore, and earnings (TTM) are shown at -₹29.11 crore.

A negative gross margin typically indicates that direct costs exceeded revenue over the measured period. The net profit margin in the TTM snapshot is listed at -115.81%, reflecting a loss larger than the revenue base. The data also shows a debt to equity ratio of 0%, indicating no reported leverage in that specific ratio view.

Q1 results: revenue down QoQ, losses narrow

For the quarter ended Jun 25, the quarterly table provided shows total revenue of ₹7.77 crore compared with ₹5.95 crore in Mar 26, with a QoQ comparison value shown as -10.45%. The same table lists operating income at -₹3.76 crore versus -₹10.37 crore in Mar 26, and net income at -₹3.61 crore versus -₹11.15 crore in Mar 26. Diluted normalized EPS is shown at -1.40 for Jun 25, compared with -3.89 in Mar 26.

The dataset also includes a narrative set of Q1 metrics stating revenue of ₹7.77 crore versus ₹8.68 crore, and net profit of ₹-3.61 crore versus ₹-2.45 crore on a QoQ basis, with additional YoY percentage changes provided. Since the provided text includes multiple quarterly references and time labels, the safest read is that the quarter ended Jun 25 is being compared to a prior reference quarter in the same dataset, and the net loss figure of ₹-3.61 crore is consistently presented for the latest period.

Quarterly trend: FY25 to Mar 2026 run-rate in the table

The quarterly series provided from Mar 2025 to Mar 2026 shows revenue moving lower across the year, while expenditure rises sharply into Mar 2026. Net sales are listed as ₹8.68 crore (Mar 2025), ₹7.77 crore (Jun 2025), ₹6.07 crore (Sep 2025), ₹5.35 crore (Dec 2025), and ₹5.95 crore (Mar 2026). Total expenditure is listed as ₹9.80 crore, ₹9.70 crore, ₹10.23 crore, ₹11.35 crore, and ₹17.65 crore across the same quarters.

Operating profit in that table is negative in each quarter shown, worsening into Mar 2026 at -₹11.70 crore. Profit after tax in Mar 2026 is listed at -₹13.39 crore, with adjusted EPS of -₹5.18.

Longer view: annual profit and loss series (Mar 2021 to Mar 2025)

The annual profit and loss table supplied shows volatility over five years. Net sales are shown as ₹35.38 crore (Mar 2021), ₹27.51 crore (Mar 2022), ₹30.13 crore (Mar 2023), ₹59.54 crore (Mar 2024), and ₹57.32 crore (Mar 2025). Net profit is listed as -₹14.47 crore (Mar 2021), -₹11.37 crore (Mar 2022), -₹4.07 crore (Mar 2023), ₹18.99 crore (Mar 2024), and ₹6.96 crore (Mar 2025).

This historical series shows that profitability has not been linear, with a strong positive year in Mar 2024 followed by a smaller profit in Mar 2025, and later quarterly tables showing losses into Mar 2026.

Key market and stock data points listed

The provided data includes several market snapshots that do not fully reconcile with each other, suggesting they may come from different feeds or timestamps. One table lists market cap at ₹83.41 crore, with revenue (TTM) at ₹25.14 crore and earnings (TTM) at -₹29.11 crore. Separately, another snippet lists market capitalisation around ₹83.02 crore based on a share price of ₹32.14.

Other snippets show the stock “trading at 33.81” on Thu Jul 09 2026 04:01:47, while another quote lists the current price as ₹66.18 with a 0.69% move over 24 hours. Valuation and risk metrics in the provided text include P/B of 1.57, a stated PE ratio of -2.7739 in one place, and a price to earnings ratio (TTM) of 307.34 in another. Readers should treat these as separate reported datapoints rather than a single consistent snapshot.

Timeline of reported results events

The events list in the provided text includes multiple result-related dates. These include a “Quarterly Results” entry on 2026-07-22, “Audited Results” on 2026-05-07, and a “Quarterly Results” entry on 2026-01-21. The last reported earnings date is listed as Mar 31, 2026, and the next earnings date is shown as n/a.

Summary table: key figures cited in the provided data

Shareholding, listing, and corporate details mentioned

The shareholding table provided for Q1 2025-26 lists Promoters and Promoter Group at 40.70% and Public at 59.30%. The stock is stated to be listed on both BSE and NSE. The registered office address is shown as A-2 234/3A FMC Fortuna, 1st Floor, AJC Bose Road, Kolkata, West Bengal 700020, with contact details including phone number 033-22876254 and the website rssoftware.com.

The same dataset also mentions consolidated revenue for Q1 2025-26 at ₹7.93 crore (793.03 lacs) and standalone revenue at ₹7.85 crore (785.15 lacs. These values align in scale with the quarterly revenue figures provided elsewhere in crores.

Why these results matter for investors

The figures highlight two parallel realities visible in the provided data. First, the latest quarter shows a narrower loss versus the immediately preceding quarter in the Q1 comparison table, with operating and net losses improving. Second, the TTM snapshot remains loss-making with negative gross profit and a net margin below -100%, which indicates earnings pressure relative to the current revenue base.

For investors tracking the stock, the most actionable takeaway from the dataset is the direction of quarterly losses and costs, alongside the consistency of reported revenue in the single-digit crore range per quarter in the provided quarterly series. Any view on valuation should also account for the multiple, differing market-cap and price snapshots shown in the text and focus on the specific timestamp attached to each figure.

Conclusion

R S Software’s provided financial snapshot shows Q1 revenue of ₹7.77 crore with a net loss of ₹3.61 crore, while the TTM picture shows ₹25.14 crore in revenue and a net loss of ₹29.11 crore with negative margins. The results calendar in the data points to a quarterly results entry dated 2026-07-22 and audited results dated 2026-05-07, with the last reported earnings date listed as Mar 31, 2026. Investors will likely watch the next set of reported numbers for evidence of sustained cost control and whether revenue stabilises, especially given the elevated volatility implied by the mixed market snapshots in the provided information.