R S Software has appointed M/s. Deoki Bijay & Co. as its new internal auditor effective August 1, 2026, for the financial year 2026-27. The appointment follows the resignation of the previous internal auditor, M/s. Chaturvedi & Partners, Chartered Accountants, who cited logistical reasons for their inability to continue after completing the audit for the June 2026 quarter.

The Board of Directors approved the change during its meeting held on July 22, 2026. The disclosure was made to the Bombay Stock Exchange Limited and the National Stock Exchange of India Ltd. under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

M/s. Deoki Bijay & Co. holds Registration No. 313105E. The outgoing auditor, M/s. Chaturvedi & Partners, held Registration No. 307068E. The company confirmed there are no specific relationships between directors requiring disclosure under relevant BSE and NSE circulars dated June 20, 2018.

Appointment Details

rs software reported a standalone net loss of ₹754.13 lakh for the quarter ended June 30, 2026, widening from a net loss of ₹310.10 lakh in the corresponding period of the previous year. Revenue from operations fell to ₹588.49 lakh from ₹777.26 lakh in Q1FY26, while total expenses rose to ₹1,343.97 lakh from ₹1,095.25 lakh. The company's basic and diluted earnings per share (EPS) for the quarter stood at (₹2.92), compared to (₹1.20) in the prior year quarter.

The Board of Directors approved the audited standalone and consolidated financial results for the quarter at its meeting held on July 22, 2026. Chaturvedi & Co. LLP, the statutory auditors, issued an unmodified opinion on the standalone financial results, confirming compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Standalone Financial Performance

The company recorded a loss before tax of ₹754.13 lakh for Q1FY27. Employee benefits expense increased to ₹741.70 lakh from ₹663.74 lakh in the year-ago quarter, while finance costs surged to ₹51.28 lakh from ₹0.87 lakh. Depreciation and amortization expenses also rose to ₹280.30 lakh from ₹124.64 lakh.

Segment Performance

Segment B (Rest of World) contributed the majority of the revenue at ₹533.03 lakh, while Segment A (USA) generated ₹55.46 lakh. However, Segment A reported a loss before tax and interest of ₹331.33 lakh, whereas Segment B reported a profit of ₹55.57 lakh before tax and interest.

Consolidated Results and Auditor's Report

On a consolidated basis, the company reported a net loss of ₹748.20 lakh for the quarter, attributable to shareholders of the company. Total revenue stood at ₹589.84 lakh. The statutory auditors also issued an unmodified opinion on the consolidated financial results, which include the figures of subsidiaries Responsive Solution Inc. and Paypermint Private Limited.

Board Decisions

Alongside the financial results, the Board approved the appointment of M/s. Deoki Bijay & Co. as the new Internal Auditor with effect from August 1, 2026. This follows the resignation of the existing Internal Auditor, M/s. Chaturvedi & Partners, Chartered Accountants.