Tera Software September revenue hits Rs 91.85 crore in quarter

Tera Software Limited reported standalone revenue of Rs 91.85 crore for the quarter ended September 30, 2026, while profit after tax was Rs 8.04 crore. Revenue rose from Rs 49.47 crore in the June 2026 quarter and Rs 71.43 crore a year earlier, led by Rs 71.21 crore of projects division revenue.

How did Tera Software perform in the September 2026 quarter?

Tera Software’s standalone net sales or income from operations was Rs 91.85 crore in the quarter ended September 30, 2026, compared with Rs 49.47 crore in the quarter ended June 30, 2026 and Rs 71.43 crore in the quarter ended September 30, 2025. Other income was Rs 1.08 crore, taking total income from operations to Rs 92.93 crore, against Rs 51.06 crore sequentially and Rs 72.38 crore a year earlier.

Profit before tax was Rs 10.40 crore, up from Rs 5.95 crore in June 2026 and Rs 8.84 crore in September 2025. Current tax was Rs 2.44 crore and deferred tax was Rs 0.18 crore, resulting in profit after tax of Rs 8.04 crore, compared with Rs 4.65 crore sequentially and Rs 6.56 crore a year earlier. Basic and diluted earnings per share were Rs 6.43, versus Rs 3.72 and Rs 5.25 in the respective comparison quarters.

Which Tera Software division drove September-quarter revenue?

Tera Software’s projects division was the largest reported revenue contributor, with Rs 71.21 crore in the September 2026 quarter, compared with Rs 33.06 crore in June 2026 and Rs 50.57 crore in September 2025. The technical division reported Rs 20.65 crore, against Rs 16.41 crore sequentially and Rs 20.86 crore a year earlier. The segment statement did not report September-quarter revenue for the integrated solutions division.

Projects division segment profit before interest and tax was Rs 14.05 crore, up from Rs 8.65 crore in June 2026 and Rs 10.60 crore a year earlier. Technical division segment profit was Rs 0.85 crore, compared with Rs 0.66 crore sequentially and Rs 0.89 crore a year earlier, while integrated solutions recorded a Rs 0.06 crore segment loss. Interest expense of Rs 2.40 crore and unallocable expenditure of Rs 3.13 crore reduced total segment profit before tax to Rs 10.40 crore.

For the half year ended September 30, 2026, projects division revenue was Rs 104.27 crore, compared with Rs 66.98 crore in the corresponding 2025 half year. Total standalone sales for the six months were Rs 141.73 crore, up from Rs 104.17 crore, while profit after tax was Rs 12.69 crore versus Rs 11.21 crore. The projects division’s September-quarter revenue of Rs 71.21 crore exceeded its Rs 33.06 crore June-quarter figure.

What changed in Tera Software’s expenses?

Tera Software’s total expenses rose to Rs 82.53 crore in the September 2026 quarter from Rs 45.11 crore in June 2026 and Rs 63.55 crore in September 2025. Technical and operational expense, the largest reported cost line, was Rs 67.36 crore, compared with Rs 30.43 crore sequentially and Rs 53.79 crore a year earlier. The increase occurred alongside the rise in projects division revenue to Rs 71.21 crore.

Employee benefit expense was Rs 10.96 crore, up from Rs 10.32 crore in June 2026 and Rs 6.26 crore in the year-earlier quarter. Finance costs were Rs 2.40 crore, compared with Rs 2.17 crore and Rs 1.60 crore, while depreciation and amortisation was Rs 0.23 crore. Other expenses were Rs 1.59 crore in the September quarter, versus Rs 1.97 crore sequentially.

For the half year ended September 30, 2026, technical and operational expense was Rs 97.81 crore, compared with Rs 72.87 crore in the prior-year half. Employee benefit expense increased to Rs 21.28 crore from Rs 11.65 crore, while finance costs rose to Rs 4.57 crore from Rs 3.60 crore. Total expenses for the six-month period were Rs 127.64 crore, against Rs 90.89 crore in the corresponding 2025 period.

What does Tera Software’s September balance sheet and cash flow show?

Tera Software reported total assets of Rs 392.70 crore at September 30, 2026, compared with Rs 325.08 crore at March 31, 2026 and Rs 290.05 crore at September 30, 2025. Current assets increased to Rs 354.07 crore from Rs 286.14 crore at March 31. Other financial assets rose to Rs 156.47 crore from Rs 99.90 crore, while trade receivables declined to Rs 155.23 crore from Rs 158.32 crore over the same six months.

Cash and cash equivalents were Rs 15.60 crore at September 30, 2026, up from Rs 5.30 crore at March 31, 2026 and Rs 6.27 crore a year earlier. Total equity was Rs 159.23 crore, including Rs 12.51 crore of equity share capital and Rs 146.71 crore of other equity. Total liabilities were Rs 233.47 crore, consisting of Rs 17.02 crore in non-current liabilities and Rs 216.45 crore in current liabilities.

Tera Software reported net cash from operating activities of Rs 7.34 crore for the half year ended September 30, 2026, compared with a net operating cash outflow of Rs 13.64 crore for the year ended March 31, 2026. The half-year cash flow included a Rs 56.55 crore increase in other financial assets, a Rs 31.14 crore increase in other financial liabilities and a Rs 5.52 crore increase in trade payables.

Financing activities added Rs 2.95 crore during the half year, including Rs 7.61 crore from long-term borrowings and Rs 4.56 crore of interest paid. Investing activities generated Rs 0.79 lakh, while the combined cash flows produced a Rs 10.29 crore increase in cash and cash equivalents. The closing cash balance of Rs 15.60 crore compared with an opening balance of Rs 5.30 crore at March 31, 2026.

Conclusion

Tera Software’s September-quarter results showed higher standalone revenue of Rs 91.85 crore and profit after tax of Rs 8.04 crore, compared with Rs 71.43 crore and Rs 6.56 crore a year earlier. The projects division accounted for Rs 71.21 crore of revenue and Rs 14.05 crore of segment profit before interest and tax, while cash and cash equivalents rose to Rs 15.60 crore at September 30, 2026.

The next disclosed matters are the appointment of G. Venkatanarayana as chief financial officer from December 4, 2026 and an extra-ordinary general meeting in financial year 2026-27. Tera Software said shareholders will be asked to approve a preferential issue of convertible warrants to promoter and promoter-group persons, a proposed name change and an alteration of the memorandum of association’s objects clause.