Netripples Software Q1 Results: Net profit rises to ₹6.41 lakh
Netripples Software Limited posted a Q1FY27 net profit of ₹6.41 lakh, recovering from a ₹7.20 lakh loss in Q4FY26. Revenue fell to ₹181.86 lakh, but lower onsite expenses drove the turnaround. EPS increased to ₹0.09.

*this image is generated using AI for illustrative purposes only.
Netripples Software Limited returned to profitability in Q1FY27, reporting a standalone net profit of ₹6.41 lakh for the quarter ended June 30, 2026. This result marks a significant turnaround from the net loss of ₹7.20 lakh recorded in the previous quarter ended March 31, 2026. The company’s revenue from operations decreased to ₹181.86 lakh compared to ₹202.00 lakh in the prior quarter, yet effective cost management allowed the firm to secure a positive bottom line. For the same period last year (Q1FY26), the company had reported a net profit of ₹3.18 lakh on revenue of ₹121.33 lakh.
The Board of Directors approved the unaudited financial results at a meeting held on August 10, 2026. The submission was made pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The statutory auditors, BGS and Associates, issued a limited review report, confirming that the financial statements present a true and fair view and are free from material misstatement.
Financial Performance Breakdown
The company’s total income for the quarter was ₹181.86 lakh, driven entirely by revenue from operations as other income remained nil. Total expenses amounted to ₹175.45 lakh, a decrease from ₹209.20 lakh in the previous quarter. The reduction in expenses outpaced the decline in revenue, enabling the profit recovery.
| Particulars | Q1FY27 (₹ Lakh) | Q4FY26 (₹ Lakh) | Q1FY26 (₹ Lakh) | FY26 Total (₹ Lakh) |
|---|---|---|---|---|
| Revenue from Operations | 181.86 | 202.00 | 121.33 | 717.65 |
| Employee Benefits Expense | 4.00 | 4.25 | 1.50 | 13.13 |
| Depreciation & Amortisation | 3.00 | 3.50 | 1.65 | 4.38 |
| OnSite Expenses | 168.45 | 201.45 | 115.00 | 756.66 |
| Total Expenses | 175.45 | 209.20 | 118.15 | 714.66 |
| Net Profit/(Loss) | 6.41 | (7.20) | 3.18 | 2.72 |
OnSite expenses constituted the largest component of costs at ₹168.45 lakh, down from ₹201.45 lakh in the previous quarter. Employee benefits expense also saw a slight decline to ₹4.00 lakh from ₹4.25 lakh. Depreciation and amortisation expenses reduced to ₹3.00 lakh from ₹3.50 lakh.
What the Numbers Show
The primary driver of the improved profitability in Q1FY27 was the significant reduction in OnSite expenses, which fell by approximately ₹33 lakh compared to the prior quarter. While revenue also contracted by roughly ₹20 lakh, the sharper decline in operational costs allowed Netripples Software to improve its pre-tax margin. The earnings per share (EPS) rose to ₹0.09 from nil in the previous quarter, reflecting the positive net income against a paid-up equity capital of ₹681.69 lakh.
Will Netripples Software prioritize revenue growth or continue aggressive cost-cutting measures in Q2FY27 to sustain profitability?
How sustainable is the reduction in OnSite expenses, and does it indicate a strategic shift in client delivery models or project mix?
Given the year-over-year revenue increase but quarterly decline, what are the company's projections for full-year FY27 revenue and margin expansion?































