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R S Software India Ltd. Audit Report / Information 2026
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Audit Report / Information
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RS software
R.S. Software (India) Limited
CIN: L72200WB1987PLC043375
E-mail Id: [email protected]
May 07, 2026
The General Manager
Department of Corporate Services,
Bombay Stock Exchange Ltd.,
1st Floor, Phiroze Jeejeebhoy Towers,
Dalal Street,
Mumbai - 400 001
Company Code: 517447
The Vice President
National Stock Exchange of India Limited,
Listing Compliance
Exchange Plaza, C-1, Block G,
Bandra Kurla Complex, Bandra (East),
Mumbai - 400061
Company Code: RSSOFTWARE
Dear Sirs,
Sub: Outcome of the Board Meeting held on May 07, 2026, and the Audited Financial Results for the period ending March 31, 2026.
This is to inform you that the Board Meeting of the Company held today, i.e. on May 07, 2026, started at 11:30 AM and concluded at 13:50 PM.
The Board of Directors of the Company at the meeting held on 07th May 2026:
1) approved the Company’s Audited Standalone and Consolidated Financial Results for the Quarter as well as for the Financial Year ending March 31, 2026 and the Auditor’s Reports thereon (copies enclosed).
We confirm that as per Regulation 33 (3) (e) of SEBI (LODR) Regulations, 2015 the financial results for the fourth quarter ending March 31, 2026, are derived from the figures between the audited financial results in respect of the full financial year ending 31st March 2026 and the published year to date figures up to the third quarter ending 31st December 2025.
An ISO 9001:2015 and ISO/IEC 27001:2013 company
Corporate Office
A-2, FMC Fortuna, 234/3A,
A.J.C. Bose Road, Kolkata 700020, India.
Board: +91 33 2287 5746 | +91 33 2281 0106
Fax: +91 33 2287 6256
US Office
1900 McCarthy Boulevard, Suite #103,
Milpitas, CA 95035 | Tel: 408 382 1200
Fax: 408 382 0083
Development Center
RS Tower, Block DN-9, Saltlec Sector - V
Salt Lake City, Kolkata 700091, India
Board: +91 33 6601 8899
Fax: +91 33 2367 4469
US Office
555 North Point Center East,
4th floor, Alpharetta GA 30022
Tel: 678 366 5179 | Fax: 678 366 5001
UK Office
Suite 218, Orion House,
104 - 106 Cranbrook Road, Illford,
Essex IG1 4LZ | Ph: 02086363996
Subsidiaries:
Responsive Solutions Inc., California, US
R.S. Software (Asia) Pte. Limited, Singapore, Asia
Paypermint Pvt. Limited, India
RS software
We also confirm having submitted the Auditor’s Reports with Unmodified Opinions and the Financial Results for the period ending March 31, 2026, as per the format prescribed in Schedule III of the Companies Act 2013.
We are also enclosing the company’s disclosure dated April 02, 2026, already submitted with the Stock Exchanges on the non-applicability of SEBI Circular- SEBI/HO/DDHS/CIR/P/2018/144 dated 26th November 2018 - Fund raising by issuance of debt securities by Large Companies.
This is for your kind information and records please.
Thanking you,
Yours faithfully,
For R S Software (India) Ltd.
Vijendra
Kumar Surana
Digitally signed by: Vijendra Kumar Surana
Date: 2026.05.07 13:50:43 +01:59
Vijendra Kumar Surana
CFO & Company Secretary
(Membership No. 11559)
Encl: As above
RS software
A COMPANY FOCUSED ON ELECTRONIC PAYMENTS
RS SOFTWARE (INDIA) LIMITED
(CIN: L72200WB1987PLC043375)
An ISO 9001:2008, ISO 27001:2013 Company
¶ in Lac
Statement of Standalone Audited Financial Results for the year ended 31st March, 2026
| Particulars | Quarter Ended | Year Ended | |||
|---|---|---|---|---|---|
| Mar'26 (Audited) | Dec'25 (Audited) | Mar'25 (Audited) | Mar'26 (Audited) | Mar'25 (Audited) | |
| REVENUE FROM OPERATION | 594.68 | 535.03 | 868.01 | 2513.84 | 5732.07 |
| OTHER INCOME | 15.15 | 2.61 | 25.26 | 30.88 | 53.99 |
| TOTAL REVENUE | 609.83 | 537.64 | 893.27 | 2544.72 | 5786.06 |
| EXPENSES : | |||||
| Purchases | 308.56 | - | 0.00 | 308.56 | 574.96 |
| Employee benefits expense | 786.44 | 722.89 | 702.54 | 2899.60 | 2945.66 |
| Finance costs | 38.82 | 49.96 | 1.51 | 90.93 | 9.67 |
| Depreciation and amortization expense | 145.45 | 159.77 | 92.63 | 554.78 | 355.08 |
| Other expenses including subcontractor | 669.47 | 412.23 | 277.16 | 1683.66 | 1186.65 |
| Total Expenses | 1948.74 | 1344.85 | 1073.84 | 5537.53 | 5072.02 |
| Profit/(loss) before exceptional items and tax | (1338.91) | (807.21) | (180.57) | (2992.81) | 714.04 |
| Profit/(loss) before tax | (1338.91) | (807.21) | (180.57) | (2992.81) | 714.04 |
| Tax expense: | |||||
| Tax | - | - | 0.00 | 0.00 | 0.00 |
| Deferred tax | - | - | - | - | - |
| Profit (Loss) for the year from continuing operations | (1338.91) | (807.21) | (180.57) | (2992.81) | 714.04 |
| Other Comprehensive Income | |||||
| Items that will not be reclassified to profit or loss | 52.06 | - | (17.79) | 52.06 | (17.79) |
| Profit (loss) for the year | (1286.85) | (807.21) | (198.36) | (2940.75) | 696.25 |
| Paid Up Share Capital(par value RS 5 each fully paid ) | 1,291.56 | 1,291.56 | 1291.56 | 1291.56 | 1291.56 |
| Other Equity | 3,988.58 | 5,240.85 | 6893.69 | 3988.58 | 6893.69 |
| Earnings per equity share (for continuing operation): | |||||
| Basic | (4.98) | (3.12) | (0.77) | (11.38) | 2.70 |
| Diluted | (4.98) | (3.12) | (0.77) | (11.38) | 2.70 |
Note: 1) The Audited Standalone Financial Statements for the Quarter and Year ended March 31, 2026 have been taken on record by the Board of Directors at its meeting held on May 07, 2026. The Statutory Auditors have expressed an Unqualified Audit Opinion. The information presented above is extracted from the Audited Standalone Financial Statements. The Financial Statements are prepared in accordance with (Ind AS) as prescribed under section 133 of the Company's Act 2013, read with Rule 3 of the Companies (Indian Accounting Standards) Rule 15.
2) The Audited Standalone Financial Results of the company for the year ended March 31, 2026 has been reviewed by the Audit Committee of the Board and approved by the Board of Directors at its meeting held on May 07, 2026.
Registered Office :
234/3A, A.J.C. Bose Road,
Kolkata - 700 020
DATED: MAY 07, 2026
PLACE : Kolkata
On behalf of the Board of Directors of
R. S. Software (India) Limited
R R Jain
(CEO & Managing Director)
DIN : 00122942
RS software
A COMPANY FOCUSED ON ELECTRONIC PAYMENTS
RS SOFTWARE (INDIA) LIMITED
(CIN: L72200WB1987PLC643375)
An ISO 9001:2008, ISO 27001:2013 Company
$^{\text{a}}$ In Lac
Statement of Standalone Audited Financial Results for the year ended 31st March, 2026
| Particulars | Quarter Ended | Year Ended | |||
|---|---|---|---|---|---|
| Mar'25 (Audited) | Dec'25 (Audited) | Mar'25 (Audited) | Mar'25 (Audited) | Mar'25 (Audited) | |
| 1. Segment Revenue ( net sale / income from each segment should be disclosed | |||||
| a. Segment - A (USA) | 31.27 | 203.87 | 349.62 | 975.87 | 3,896.22 |
| b. Segment - B (ROW) | 563.41 | 331.17 | 518.39 | 1,537.98 | 1,835.85 |
| Total | 594.68 | 535.03 | 868.01 | 2,513.84 | 5,732.07 |
| Other Income | |||||
| a. Segment - A (USA) | - | - | 3.30 | - | 13.06 |
| b. Segment - B (ROW) | 15.15 | 2.63 | 21.96 | 30.88 | 40.93 |
| Total | 15.15 | 2.61 | 25.26 | 30.88 | 53.98 |
| Less : Inter - segment revenue | |||||
| Net Revenue from Operations | 609.82 | 537.64 | 893.27 | 2,544.72 | 5,786.06 |
| 2. Segment Results Profit (Loss) before Tax & Interest from each segment | |||||
| a. Segment - A (USA) | (796.29) | (346.49) | (206.05) | (1,376.44) | 1,485.67 |
| b. Segment - B (ROW) | (155.94) | (53.44) | 247.66 | (263.28) | 703.30 |
| Total | (952.23) | (399.93) | 41.61 | (1,639.73) | 2,188.97 |
| Less : Interest | 38.82 | 49.96 | 1.51 | 90.93 | 9.67 |
| Less : Depreciation | 145.45 | 159.77 | 92.63 | 554.78 | 355.08 |
| Less : Unallocable Selling, General & Administrative Expenses | 202.41 | 197.55 | 128.05 | 707.38 | 1,110.18 |
| Profit before tax | (1,338.91) | (807.21) | (180.57) | (2,992.81) | 714.04 |
Note :
(1) Assets used in the Company's business are not capable of being specifically identified with any separate segments, consequently is not practicable to provide segmented disclosures in relation to total assets and liabilities with any reasonable degree of accuracy.
| STATEMENT OF ASSETS & LIABILITIES as on | As at MAR 31, 2026 | As at MAR 31, 2025 |
|---|---|---|
| # in Lac | # in Lac | |
| ASSETS | ||
| NON CURRENT ASSETS | ||
| PROPERTY PLANT & EQUIPMENT | ||
| PROPERTY PLANT & EQUIPMENT | 162.20 | 194.26 |
| INTANGIBLE ASSETS | 1,537.32 | 770.12 |
| INTANGIBLE ASSETS UNDER DEVELOPMENT | 0 | 260.64 |
| RIGHT TO USE ASSET | 1,477.93 | 46.34 |
| FINANCIAL ASSETS | ||
| INVESTMENTS | 3,173.30 | 3,173.30 |
| DEFERRED TAX ASSETS (Net) | ||
| OTHER NON CURRENT ASSETS | 194.58 | 139.53 |
| CURRENT ASSETS | ||
| TRADE RECEIVABLES | 845.15 | 467.99 |
| CASH & CASH EQUIVALENTS | 60.45 | 1,394.01 |
| OTHER BANK BALANCES | 120.27 | 164.25 |
| OTHER FINANCIAL ASSETS | 282.55 | 1,921.58 |
| OTHER CURRENT ASSETS | 475.65 | 1,027.02 |
| TOTAL | 8,329.40 | 9,559.04 |
| LIABILITIES | ||
| EQUITY | ||
| SHARE CAPITAL | 1,291.56 | 1,291.56 |
| OTHER EQUITY | 3,988.58 | 6,893.69 |
| LIABILITIES | ||
| NON CURRENT FINANCIAL LIABILITIES | ||
| BORROWINGS | 552.89 | - |
| LEASE LIABILITY | 1,413.82 | 54.77 |
| PROVISIONS | 156.47 | 165.71 |
| CURRENT LIABILITIES | ||
| SHORT TERM LEASE LIABILITY | 86.45 | - |
| TRADE PAYABLES | 145.86 | 101.40 |
| OTHER FINANCIAL LIABILITIES | 678.44 | 527.72 |
| OTHER CURRENT LIABILITIES | (5.49) | 519.49 |
| SHORT TERM PROVISIONS | 21.03 | 4.70 |
| TOTAL | 8,329.40 | 9,559.04 |
Registered Office :
234/3A, A.J.C. Bose Road,
Kolkata - 700 020
DATED: MAY 07, 2026
PLACE : Kolkata
On behalf of the Board of Directors of
R. S. Software (India) Limited
R R Jain
(CEO & Managing Director)
DIN : 00122942
RS software
A COMPANY FOCUSED ON ELECTRONIC PAYMENTS
RS SOFTWARE (INDIA) LIMITED
(CIN: L72200WB1987PLC043375)
An ISO 9001:2008, ISO 27001:2013 Company
CASH FLOW STATEMENT FOR THE YEAR ENDED MARCH 31, 2026
| PARTICULARS | YEAR ENDED
MAR 31, 2026
₹ in Lac | YEAR ENDED
MAR 31, 2025
₹ in Lac |
| --- | --- | --- |
| CASH FLOW STATEMENT | | |
| A CASH FLOW FROM OPERATING ACTIVITIES: | | |
| NET PROFIT BEFORE TAX | (2,992.81) | 714.04 |
| ADJUSTMENT FOR : | - | - |
| DEPRECIATION | 554.78 | 355.08 |
| INTEREST PAID | 90.93 | 9.67 |
| FOREIGN EXCHANGE FLUCTUATION RESERVE | 85.63 | 40.83 |
| PROVISION FOR GRATUITY, LEAVE ENCASHMENT | (85.05) | (22.73) |
| INTEREST RECEIVED | (30.88) | (53.99) |
| LOSS ON DISPOSAL OF FIXED ASSET | 15.62 | - |
| EMPLOYEES EXPENSES AMORTIZATION | 144.20 | 42.37 |
| OPERATING PROFIT BEFORE WORKING CAPITAL CHANGES | (2,217.59) | 1,085.26 |
| ADJUSTMENT FOR : | | |
| TRADE AND OTHER RECEIVABLES | 1,261.87 | (77.45) |
| LOANS AND ADVANCES AND OTHER ASSETS | 437.21 | (139.70) |
| TRADE PAYABLES & OTHER LIABILITIES (INCLUDES EMPLOYEE AMORTISATION & FOREX) | (329.80) | (423.57) |
| CASH GENERATED FROM OPERATIONS | (848.31) | 444.54 |
| NET CASH FROM OPERATING ACTIVITIES | (848.31) | 444.54 |
| B CASH FLOW FROM INVESTMENT ACTIVITIES : | | |
| PURCHASE OF PROPERTY PLANT & EQUIPMENT | (897.32) | (718.88) |
| INTEREST RECEIVED | 27.99 | 53.99 |
| LEASE AMORTISATION-RENT PAID | (156.83) | (110.22) |
| INVESTMENT MADE DURING THE YEAR | - | - |
| NET CASH FROM INVESTMENT ACTIVITIES | (1,026.17) | (775.11) |
| C CASH FLOW FROM FINANCE ACTIVITIES: | | |
| LOAN FROM SUBSIDIARY | 552.89 | - |
| PROCEEDS FROM SHARE APPLICATION | - | 76.68 |
| INTEREST PAID | (5.95) | - |
| CSR Donation | (50.00) | (50.00) |
| DIVIDEND PAID | - | (64.27) |
| NET CASH FROM FINANCING ACTIVITIES | 496.94 | (37.59) |
| NET INCREASE /DECREASE IN CASH AND CASH EQUIVALENTS (A+B+C) | (1,377.54) | (368.16) |
| OPENING CASH AND CASH EQUIVALENTS | 1,558.26 | 1,926.42 |
| CLOSING CASH AND CASH EQUIVALENTS | 180.72 | 1,558.26 |
The Cash flow statement has been made under the indirect method as per IND AS 7
The Notes referred to above form an integral part of the Standalone Financial Statement.
This is the Standalone Financial Statement referred to in our report of even date.
Registered Office :
234/3A, A.J.C. Bose Road,
Kolkata - 700 020
DATED: MAY 07, 2026
PLACE : Kolkata
On behalf of the Board of Directors of
R. S. Software (India) Limited
R R Jain
(CEO & Managing Director)
DIN : 00122942
CA
INDIA
CHATURVEDI & CO. LLP
CHARTERED ACCOUNTANTS
60, Bentinck Street, Kolkata - 700 069
Phone : 2237-4060 / 4603 6407
E-mail : [email protected] • [email protected]
Web : www.chaturvedica.in
INDEPENDENT AUDITOR'S REPORT ON THE AUDIT OF THE STANDALONE FINANCIAL RESULTS
TO THE BOARD OF DIRECTORS OF R S Software (India) Limited
Opinion
We have audited the accompanying Statement of Standalone quarterly financial results of R S Software (India) Ltd (“the company”) for the quarter and year ended March 31, 2026 (“the statement”) being submitted by the company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“Listing Regulations”).
In our opinion and to the best of our information and according to the explanations given to us, the statement:
i. is presented in accordance with the requirements of Regulation 33 of the Listing Regulations in this regard; and
ii. give a true and fair view in conformity with the recognition and measurement principles laid down in the applicable Indian accounting standards and other accounting principles generally accepted in India of the net loss/ profit and other comprehensive income and other financial information of the company for the quarter and year ended March 31, 2026
Basis for Opinion
We conducted our audit in accordance with the Standards on Auditing (SAs) specified under section 143(10) of the Companies Act, 2013 (the Act). Our responsibilities under those Standards are further described in the Auditor’s Responsibilities for the Audit of the Standalone Financial Results section of our report. We are independent of the Company in accordance with the Code of Ethics issued by the Institute of Chartered Accountants of India together with the ethical requirements that are relevant to our audit of the financial results under the provisions of the Companies Act, 2013 and the Rules there under, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the Code of Ethics. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Management’s Responsibilities for the Standalone Financial Results
This statement is the responsibility of the company’s management and approved by the board of directors, has been compiled from the related audited financial statement for the quarter and year ended March 31, 2026. The Company’s Board of Directors are responsible for the preparation and presentation of the Standalone Financial results that give a true and fair view of the net profit/ loss and other comprehensive income and other financial information in accordance with the recognition and measurement principles laid down in Ind AS prescribed under Section 133 of the Act read with relevant rules issued there under and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. This responsibility also includes maintenance of
KOLKATA • MUMBAI • NEW DELHI • CHENNAI
CHATURVEDI & CO. (ICAI Registration No. 302137E) has been converted into a limited liability partnership CHATURVEDI & CO. LLP from April 28, 2024, and is a registered Limited Liability Partnership with LLPIN ACG-8720 & ICAI Registration No. 302137E/E300286
adequate accounting records in accordance with the provisions of the Act for safeguarding of the assets of the Company and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and design, implementation and maintenance of adequate internal financial controls that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the standalone financial results that give a true and fair view and are free from material misstatement, whether due to fraud or error.
In preparing the Standalone Financial results, the Board of Directors are responsible for assessing the Company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Board of Directors either intends to liquidate the Company or to cease operations, or has no realistic alternative but to do so.
The Board of Directors are also responsible for overseeing the financial reporting process of the company.
Auditor's Responsibilities for the Audit of the Standalone Financial Results
Our objectives are to obtain reasonable assurance about whether the standalone financial results as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with SAs will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these standalone financial results.
As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional skepticism throughout the audit. We also:
- Identify and assess the risks of material misstatement of the standalone financial results, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.
- Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the company's internal control.
- Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the Board of Directors.
- Conclude on the appropriateness of the Board of Directors' use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Company's ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor's report to the related disclosures in the financial results or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor's report. However, future events or conditions may cause the Company to cease to continue as a going concern.
- Evaluate the overall presentation, structure and content of the standalone financial results, including the disclosures, and whether the financial results represent the underlying transactions and events in a manner that achieves fair presentation.
60, Bentinck Street, Kolkata-700003
- Obtain sufficient appropriate audit evidence regarding the standalone financial results of the company to express an opinion on the standalone financial results
Materiality is the magnitude of misstatements in the standalone financial results that, individually or in aggregate, makes it probable that the economic decisions of a reasonably knowledgeable user of the standalone financial results may be influenced. We consider quantitative materiality and qualitative factors in (i) planning the scope of our audit work and in evaluating the results of our work; and (ii) to evaluate the effect of any identified misstatements in the standalone financial results.
We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.
We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards.
For Chaturvedi & Co. LLP
Chartered Accountants
F.R.N. 302137E/E300286
Njosli
(Nilima Joshi)
Partner
Memb. No. 052122
UDIN - 26052122EA073929
Place: Kolkata
Date: 7th day of May, 2026
RS software
A COMPANY FOCUSED ON ELECTRONIC PAYMENTS
RS SOFTWARE (INDIA) LIMITED
(CIN: L72200WB1987PLC043375)
An ISO 9001:2008, ISO 27001:2013 Company
in Lac
Statement of Consolidated Audited Financial Results for the period ended March 31,2026
| PARTICULARS | Quarter Ended | Year Ended | |||
|---|---|---|---|---|---|
| Mar-26 | Dec-25 | Mar-25 | Mar-26 | Mar-25 | |
| Audited | Audited | Audited | Audited | Audited | |
| REVENUE FROM OPERATION | 594.68 | 535.03 | 868.01 | 2,513.84 | 5,732.07 |
| OTHER INCOME | 18.35 | 0.13 | 30.34 | 46.63 | 58.95 |
| TOTAL REVENUE | 613.03 | 535.16 | 898.35 | 2,560.47 | 5,791.02 |
| EXPENSES : | |||||
| Purchases of Stock-in-Trade | - | - | - | - | - |
| Employee benefits expense | 789.26 | 723.89 | 725.20 | 2,950.20 | 3,036.05 |
| Finance costs | 35.51 | 48.01 | 1.51 | 84.97 | 9.67 |
| Depreciation and amortization expense | 145.45 | 159.77 | 107.41 | 554.78 | 445.87 |
| Other expenses | 696.95 | 447.50 | 312.66 | 1,821.16 | 1,335.88 |
| Total Expenses | 1,667.17 | 1,379.17 | 1,146.78 | 5,411.11 | 4,827.47 |
| Profit/(loss) before exceptional items and tax | (1,054.14) | (844.01) | (248.43) | (2,850.64) | 963.55 |
| Profit/(loss) before tax | (1,054.14) | (844.01) | (248.43) | (2,850.64) | 963.55 |
| Tax expense: | |||||
| Tax: | - | - | - | - | - |
| Deferred tax | - | - | - | - | - |
| Profit (Loss) for the year from continuing | (1,054.14) | (844.01) | (248.43) | (2,850.64) | 963.55 |
| Attributable to: | |||||
| Shareholders of the Company | (1,115.46) | (843.15) | (245.20) | (2,911.22) | 872.85 |
| Non Controlling Interest | 61.31 | (0.86) | (3.24) | 60.58 | 90.70 |
| Other Comprehensive Income | |||||
| Items that will not be reclassified to profit or loss | 52.06 | - | (17.79) | 52.06 | -17.79 |
| Profit (Loss) for the year | (1,002.08) | (844.01) | (266.22) | (2,798.58) | 945.76 |
| Attributable to: | |||||
| Shareholders of the Company | (1,063.39) | (843.15) | (262.98) | (2,859.16) | 855.06 |
| Non Controlling Interest | 61.31 | (0.86) | (3.24) | 60.58 | 90.70 |
| Paid Up Share Capital(par value RS 5 each fully | 1,291.56 | 1,291.56 | 1,291.56 | 1,291.56 | 1,291.56 |
| Other Equity | 1,634.88 | 2,654.94 | 4,441.52 | 1,634.88 | 4,441.52 |
| Earnings per equity share (for continuing | |||||
| Basic | (3.89) | (3.28) | (1.03) | (10.87) | 3.66 |
| Diluted | (3.89) | (3.28) | (1.02) | (10.87) | 3.67 |
Note:1) The Audited Consolidated Financial Statements for the Period Ended March 31,2026 have been taken on record by the Board of Directors at its meeting held on May 07, 2026. The Statutory Auditors have expressed an Unqualified Audit Opinion. The information presented above is extracted from the interim Audited Consolidated Financial Statements. The interim Audited Consolidated Financial Statements are prepared in accordance with the Indian Accounting Standards(Ind AS) as prescribed under section 133 of the Company's Act 2013, read with Rule 3 of the Companies (Indian Accounting Standards) Rules,2015 and Companies(Indian Accounting Standards) Amendment Rules
2) The Audited Consolidated Financial Results of the company for the period ended March,31 2026, have been reviewed by the Audit Committee of the Board and approved by the Board of Directors at its meeting held on May 07, 2026.
Registered Office :
234/3A, A.J.C. Bose Road,
Kolkata - 700 020
DATED: May 07,2026
PLACE: Kolkata
On behalf of the Board of Directors of
R S Software (India) Limited
R R Jain
(CEO & Managing Director)
DIN: 00122942
RS software
A COMPANY FOCUSED ON ELECTRONIC PAYMENTS
R S S O F T W A R E ( I N D I A ) L I M I T E D
(CIN: L72200WB1987PLC043375)
An ISO 9001:2008, ISO 27001:2013 Company
in Lac
| Statement of Consolidated Audited Financial Results for the period ended March 31,2026 | |||||
|---|---|---|---|---|---|
| Particulars | Quarter Ended | Year Ended | |||
| Mar-26 | Dec-20 | Mar-29 | Mar-26 | Mar-29 | |
| 1. Segment Revenue ( not sale / income from each segment should be disclosed | |||||
| a. Segment - A (USA) | 31.27 | 303.87 | 349.62 | 975.87 | 3,896.22 |
| b. Segment - B (ROW) | 563.41 | 331.16 | 518.39 | 1,537.97 | 1,835.85 |
| Total | 594.68 | 535.03 | 808.01 | 2,513.84 | 5,732.07 |
| Other Income | |||||
| a. Segment - A (USA) | - | - | 3.30 | - | 13.07 |
| b. Segment - B (ROW) | 18.35 | 0.13 | 27.04 | 46.64 | 45.88 |
| Total | 18.35 | 0.13 | 30.34 | 46.64 | 58.95 |
| Less : Inter - segment revenue | |||||
| Net Revenue from Operations | 613.03 | 535.16 | 808.35 | 2,560.47 | 5,791.02 |
| 2.Segment Results Profit/(Loss) before Tax & Interest from each segment | |||||
| a. Segment - A (USA) | (822.75) | (378.25) | (257.44) | (1,541.81) | 1,274.78 |
| b. Segment - B (ROW) | 151.99 | (60.43) | 245.97 | 38.31 | 1,254.49 |
| Total | (670.77) | (438.67) | (11.47) | (1,503.50) | 2,529.27 |
| Less : Interest | 35.51 | 48.01 | 1.51 | 84.97 | 9.67 |
| Less : Depreciation | 145.45 | 159.77 | 107.41 | 554.78 | 445.87 |
| Less : Unallocable Selling, General & Administrative Expenses | 202.42 | 197.56 | 128.05 | 707.29 | 1,110.14 |
| Profit before tax | (1,054.15) | (844.01) | (248.43) | (2,850.64) | 963.55 |
| STATEMENT OF ASSETS & LIABILITIES As At | |||||
| --- | --- | --- | |||
| ASSETS | Mar-26 | Mar-25 | |||
| NON CURRENT ASSETS | |||||
| PROPERTY PLANT & EQUIPMENT | |||||
| PROPERTY PLANT & EQUIPMENT | 162.48 | 194.56 | |||
| INTANGIBLE ASSETS | 1538.02 | 770.81 | |||
| INTANGIBLE ASSETS UNDER DEVELOPMENT | 0.00 | 260.64 | |||
| RIGHT TO USE ASSETS | 1477.93 | 46.34 | |||
| FINANCIAL ASSETS | |||||
| OTHER FINANCIAL ASSET | 25.42 | 25.62 | |||
| DEFERRED TAX ASSETS (Net) | 0.00 | 0.00 | |||
| OTHER NON CURRENT ASSETS | 194.58 | 197.73 | |||
| CURRENT ASSETS | |||||
| TRADE RECEIVABLES | 845.15 | 467.99 | |||
| CASH & CASH EQUIPMENTS | 458.99 | 2137.97 | |||
| OTHER BANK BALANCES | 120.27 | 164.25 | |||
| OTHER FINANCIAL ASSETS | 282.55 | 1921.58 | |||
| OTHER CURRENT ASSETS | 530.09 | 1101.31 | |||
| TOTAL | 5635.48 | 7288.50 | |||
| LIABILITIES | |||||
| EQUITY | |||||
| SHARE CAPITAL | 1,291.56 | 1291.56 | |||
| OTHER EQUITY | 1,634.88 | 4441.52 | |||
| NON CONTROLLING INTEREST | 197.36 | 136.78 | |||
| NON CURRENT FINANCIAL LIABILITIES | |||||
| LEASE LIABILITY | 1,413.61 | 54.77 | |||
| PROVISIONS | 156.47 | 165.71 | |||
| CURRENT LIABILITIES | |||||
| SHORT TERM LEASE LIABILITY | 86.45 | ||||
| TRADE PAYABLES | 157.19 | 118.97 | |||
| OTHER FINANCIAL LIABILITIES | 682.42 | 555.00 | |||
| OTHER CURRENT LIABILITIES | -5.49 | 519.49 | |||
| SHORT TERM PROVISIONS | 21.03 | 4.70 | |||
| TOTAL | 5635.48 | 7288.50 |
Registered Office :
234/3A, A.J.C. Bose Road,
Kolkata - 700 020
DATED: May 07,2026
PLACE : Kolkata
On behalf of the Board of Directors of
R. S. Software (India) Limited
(CEO & Managing Director)
DIN: 00122942
RS software
A COMPANY FOCUSED ON ELECTRONIC PAYMENTS
RS SOFTWARE (INDIA) LIMITED
(CIN: L72200WB1987PLC043375)
An ISO 9001:2008, ISO 27001:2013 Company
CONSOLIDATED CASH FLOW STATEMENT FOR THE YEAR ENDED ON MAR 31,2026
After consolidating the results of the Company with those of its wholly owned foreign subsidiary Responsive Solution INC. and Paypermint Pvt LTD
| PARTICULARS | YEAR ENDED MAR 31,2026 | YEAR ENDED MAR 31,2025 |
|---|---|---|
| ₹ in Lac | ₹ in Lac | |
| CASH FLOW STATEMENT | ||
| A CASH FLOW FROM OPERATING ACTIVITIES: | ||
| NET PROFIT BEFORE TAX | (2,850.64) | 963.55 |
| ADJUSTMENT FOR : | ||
| DEPRECIATION | 554.78 | 445.87 |
| INTERESTPAID | 84.97 | 9.67 |
| FOREIGN EXCHANGE FLUCTUATION RESERVE | 94.00 | (57.62) |
| PROVISION FOR GRATUITY, LEAVE ENCASHMENT | 7.09 | 37.42 |
| INTEREST RECEIVED | (46.63) | (58.95) |
| MINORITY INT | 60.58 | 90.70 |
| EMPLOYEES EXPENSES AMORTIZATION | - | - |
| OPERATING PROFIT BEFORE WORKING CAPITAL CHANGES | (2,095.85) | 1,430.64 |
| TRADE AND OTHER RECEIVABLES | 1,261.87 | (77.43) |
| LOANS AND ADVANCES AND OTHER ASSETS | 515.45 | (97.94) |
| TRADE PAYABLES & OTHER LIABILITIES(INCLUDES AMORTISATION ) | (359.35) | (440.69) |
| 0 | - | - |
| LESS:INCOME TAX | 15.62 | - |
| NET CASH FROM OPERATING ACTIVITIES | (662.26) | 814.57 |
| B CASH FLOW FROM INVESTMENT ACTIVITIES : | ||
| PURCHASE OF PROPERTY PLANT & EQUIPMENT | (897.32) | (718.88) |
| INTEREST RECEIVED | 43.75 | 58.95 |
| LEASE OUTFLOW | (156.83) | (110.22) |
| INVESTMENT REDEEMED DURING THE PERIOD | - | - |
| NET CASH FROM INVESTMENT ACTIVITIES | (1,010.41) | (770.15) |
| C CASH FLOW FROM FINANCE ACTIVITIES: | ||
| CSR | (50.00) | (50.00) |
| Dividend Paid | - | (64.27) |
| PROCEEDS FROM SHARE APPLICATION | - | 76.68 |
| NET CASH FROM FINANCING ACTIVITIES | (50.00) | (37.59) |
| NET INCREASE/DECREASE IN CASH AND CASH EQUIVALENTS (A+B+C) | (1,722.67) | 6.82 |
| OPENING CASH AND CASH EQUIVALENTS | 2,301.92 | 2,295.10 |
| CLOSING CASH AND CASH EQUIVALENTS | 579.26 | 2,301.92 |
The Notes referred to above form an integral part of the Financial Statement.
This is the Financial Statement referred to in our report of even date.
Registered Office :
234/3A, A.J.C. Bose Road,
Kolkata - 700 020
DATED: May 07,2026
PLACE : Kolkata
On behalf of the Board of Directors of
R R Jain
(CEO & Managing Director)
DIN : 00122942
CA
INDIA
CHATURVEDI & CO. LLP
CHARTERED ACCOUNTANTS
60, Bentinck Street, Kolkata - 700 069
Phone : 2237-4060 / 4603 6407
E-mail : [email protected] • [email protected]
Web : www.chaturvedica.in
Independent Auditor's Report On Audit of Consolidated Financial Results
To THE BOARD OF DIRECTORS OF R S Software (India) Limited
Opinion
We have audited the accompanying Statement of Consolidated Financial Results of R S Software (India) Limited (“the Company”) and its subsidiaries Responsive Solution Inc., and Paypermint Private Limited (the Company and its subsidiaries together referred to as “the group”) for the quarter and year ended March 31, 2026 (“the Statement”) being submitted by the company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“the Listing Regulations”).
In our opinion and to the best of our information and according to the explanations given to us, and based on the consideration of the reports of the other auditors on separate financial statements of subsidiaries :-
a. includes the results of subsidiaries Responsive Solution Inc. Limited and Paypermint Private Limited.
b. is presented in accordance with the requirements of Regulation 33 of the Listing Regulations, as amended; and
c. gives a true and fair view, in conformity with the applicable Indian accounting standards, and other accounting principles generally accepted in India of consolidated net loss/profit and consolidated total comprehensive income and other financial information of the Group for the quarter and year ended March 31, 2026.
Basis for Opinion
We conducted our audit in accordance with the Standards on Auditing (SAs) specified under section 143(10) of the Companies Act, 2013 (the Act). Our responsibilities under those Standards are further described in the Auditor’s Responsibilities for the Audit of the Consolidated Financial Results section of our report. We are independent of the Group in accordance with the Code of Ethics issued by the Institute of Chartered Accountants of India together with the ethical requirements that are relevant to our audit of the financial statements under the provisions of the Companies Act, 2013 and the Rules thereunder, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the Code of Ethics. We believe that the audit evidence obtained by us and other auditors in terms of their reports referred to in “Other Matter” paragraph below, is sufficient and appropriate to provide a basis for our opinion.
Management’s Responsibilities for the Consolidated Financial Results
This statement is the responsibility of the company’s management and approved by the board of directors, has been compiled from the related audited for the quarter year March 31, 2026. The Company’s Board of Directors are responsible for the preparation and presentation of these consolidated financial results that give a true and fair view of the
KOLKATA • MUMBAI • NEW DELHI • CHENNAI
CHATURVEDI & CO. (ICAI Registration No. 302137E) has been converted into a limited liability partnership CHATURVEDI & CO. LLP from April 28, 2024, and is a registered Limited Liability Partnership with LLPIN ACG-8720 & ICAI Registration No. 302137E/E300286
consolidated net profit/ loss and consolidated other comprehensive income and other financial information of the Group in accordance with the recognition and measurement principles laid down in Ind AS prescribed under Section 133 of the Act read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations.
The respective Board of Directors of the companies included in the Group are responsible for maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding of the assets of the Group and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and the design, implementation and maintenance of adequate internal financial controls, that were operating effectively for ensuring accuracy and completeness of the accounting records, relevant to the preparation and presentation of the consolidated financial results that give a true and fair view and are free from material misstatement, whether due to fraud or error, which have been used for the purpose of preparation of the consolidated financial results by the Directors of the Company, as aforesaid.
In preparing the Consolidated Financial Results, the respective Board of Directors of the companies included in the Group are responsible for assessing the ability of the Group to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the respective Board of Directors either intends to liquidate the Group or to cease operations, or has no realistic alternative but to do so.
The respective Board of Directors of the companies included in the Group are responsible for overseeing the financial reporting process of the Group.
Auditor’s Responsibilities for the Audit of the Consolidated Financial Results
Our objectives are to obtain reasonable assurance about whether the consolidated financial results as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with SAs will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these consolidated financial results.
As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional skepticism throughout the audit. We also :
-
Identify and assess the risks of material misstatement of the consolidated financial results, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.
-
Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the company’s internal control.
DISTRIBUTED & CO. LTD.
95, Benthack Street
Kolkata-700009
- Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the Board of Directors.
- Evaluate the appropriateness and reasonableness of disclosures made by the board of directors in terms of the requirement specified under regulation 33 of the Listing Regulations.
- Conclude on the appropriateness of the Board of Directors' use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the ability of the Group to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor's report to the related disclosures in the consolidated financial results or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor's report. However, future events or conditions may cause the Group to cease to continue as a going concern.
- Evaluate the overall presentation, structure and content of the consolidated financial results, including the disclosures, and whether the consolidated financial results represent the underlying transactions and events in a manner that achieves fair presentation.
- Obtain sufficient appropriate audit evidence regarding the financial information of the entities within the Group to express an opinion on the consolidated Financial Results. We are responsible for the direction, supervision and performance of the audit of financial information of such entities included in the consolidated financial results of which we are the independent auditors. For the other entities included in the consolidated Financial Results, which have been audited by other auditors, such other auditors remain responsible for the direction, supervision and performance of the audits carried out by them. We remain solely responsible for our audit opinion.
Materiality is the magnitude of misstatements in the standalone financial results that individually or in aggregate, makes it probable that the economic decisions of a reasonably knowledgeable user of the standalone financial results may be influenced. We consider quantitative materiality and qualitative factors in (i) planning the scope of our audit work and in evaluating the results of our work; and (ii) to evaluate the effect of any identified misstatements in the consolidated financial results.
We communicate with those charged with governance of the Company and such other entities included in the consolidated financial results of which we are the independent auditors regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.
We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards.
We also performed procedures in accordance with the circular issued by the SEBI under Regulation 33(8) of the Listing Regulations, as amended, to the extent applicable.
DEPARTMENT OF THE INTERIOR
90, Nantuck Street
Kallikala-100005
Registered Account
Other Matters
The Consolidated Financial Results include the audited Financial Results of Responsive Solution Inc., a subsidiary, whose Financial Statement reflect Group's share of total assets of Rs. 19.95 lacs as at March 31, 2026, Group's share of total revenue of Rs. Nil lacs and Group's share of total loss after tax Rs. 19.39 lacs & Rs. 165.36 lacs for the quarter and for the Year ended March 31,2026 respectively, as considered in the consolidated Financial Results, which have been audited by an independent auditor. The independent auditors' report on the financial statements of this entity have been furnished to us and our opinion on the consolidated Financial Results, in so far as it relates to the amounts and disclosures included in respect of this entity, is based solely on the report of such auditor and the procedures performed by us are as stated in paragraph above.
Our opinion on the Consolidated Financial Results is not modified in respect of the above matter with respect to our reliance on the work done and the reports of the other auditor and the Financial Results certified by the Board of Directors.
For Chaturvedi & Co. LLP
Chartered Accountants
F.R.N. 302137E/E300286
Nilima Joshi
Partner
Memb. No. 052122
UDIN - 26052122HEJSVPI563
Place: Kolkata
Date: 7th day of May 2026
RS software
R.S. Software (India) Limited
CIN: L72200WB1987PLC043375
April 02, 2026
BSE Limited
First Floor, New Trading Ring Rotunda
Building, P J Towers Dalal Street, Fort
Mumbai 400 001
Kind Attn: The General Manager
Compliance & Legal Regulatory
Company Code: 517447
National Stock Exchange of India Ltd. Exchange Plaza,
5th Floor,
Plot No. C/1, G Block Bandra-Kurla
Complex
Bandra (East), Mumbai 400 051
Kind Attn: The Vice President
Listing & Compliance
Company Code: RSSOFTWARE
Dear Sir,
Sub: Non-Applicability of SEBI Circular- SEBI/HO/DDHS/CIR/P/2018/144 dated 26th November 2018 - Fund raising by issuance of debt securities by Large Companies.
With reference to above captioned subject and as per SEBI Circular in respect of fund raising by issuance of debt securities by Large Corporates and disclosure and compliance by Large Corporates, we would like to inform you that the Company, R S Software (India) Limited (bearing CIN No L72200WB1987PLC043375) is not falling under the category / framework of Large Corporate as per the applicability criteria provided in the aforesaid SEBI Circular.
This is for your kind information and records please.
Thanking you,
Yours faithfully,
For R. S. Software (India) Ltd
Vijendra Kumar Surana
CFO & Company Secretary
Vijendra Kumar Surana
CFO & Company Secretary
An ISO 9001:2015 and ISO/IEC 27001:2013 company
Corporate Office
A-2, FMC Fortuna, 234/3A,
A.J.C. Bose Road, Kolkata 700020, India.
Board: +91 33 2287 5746 | +91 33 2281 0106
Fax: +91 33 2287 6256
US Office
1900 McCarthy Boulevard, Suite #103,
Milpitas, CA 95035 | Tel: 408 382 1200
Fax: 408 382 0083
Development Center
RS Tower, Block DN-9, Saltlec Sector - V
Salt Lake City, Kolkata 700091, India
Board: +91 33 6601 8899
Fax: +91 33 2367 4469
US Office
555 North Point Center East,
4th floor, Alpharetta GA 30022
Tel: 678 366 5179 | Fax: 678 366 5001
UK Office
Suite 218, Orion House,
104 - 106 Cranbrook Road, Illford,
Essex IG1 4LZ | Ph: 02086363996
Subsidiaries:
Responsive Solutions Inc., California, US
R.S. Software (Asia) Pte. Limited, Singapore, Asia
Paypermint Pvt. Limited, India