RPSG Ventures reported a consolidated net profit of ₹253.09 crore for the first quarter ended June 30, 2026, compared to ₹251.09 crore in the corresponding period of the previous financial year. The company’s consolidated revenue from operations climbed 20.4% year-on-year to ₹3,576.44 crore, up from ₹2,971.41 crore in Q1FY26.

The results were approved by the Board of Directors at its meeting held on August 13, 2026. The unaudited financial statements for both standalone and consolidated entities were reviewed by the statutory auditors, Batliboi, Purohit & Darbari.

Consolidated Financial Performance

The group’s segment result before tax and finance cost increased to ₹623.87 crore from ₹504.84 crore in the prior year quarter. This expansion was primarily driven by the process outsourcing segment, which contributed ₹359.34 crore, and the sports segment, which posted a significant turnaround with a segment result of ₹296.25 crore compared to ₹291.66 crore in Q1FY26 but against a backdrop of higher revenue.

Segment-wise Breakdown

The process outsourcing segment remained the largest contributor to revenue, logging ₹2,816.88 crore, up from ₹2,277.31 crore in Q1FY26. The sports segment saw a sharp rise in revenue to ₹555.17 crore from ₹524.59 crore, while the FMCG segment revenue grew to ₹170.01 crore from ₹135.07 crore.

However, the group recorded exceptional items totaling ₹71.69 crore during the quarter. This included ₹35.67 crore estimated as non-recoverable following the termination of a contract by one of its clients, ₹28.38 crore related to an indemnification of regulatory penalty to a customer, and ₹7.64 crore for fair value adjustment on contingent consideration. Despite these charges, the core operational performance remained resilient.

Standalone Results

On a standalone basis, RPSG Ventures reported a net profit of ₹1.04 crore for the quarter, down significantly from ₹5.78 crore in Q1FY26. Standalone revenue from operations was ₹65.13 crore, up from ₹56.38 crore in the prior year period. The decline in standalone profit was influenced by higher finance costs, which rose to ₹26.43 crore from ₹8.94 crore in the same quarter last year.

What the Numbers Show

The divergence between the consolidated top-line growth of 20.4% and the modest net profit increase of less than 1% highlights the impact of exceptional items and financing costs on the bottom line. While the operating leverage is evident in the 23.6% growth in segment results before tax and finance cost, the ₹71.69 crore in exceptional charges absorbed a significant portion of this operating gain. Furthermore, the sports segment’s contribution to segment result surged to ₹296.25 crore from a loss of ₹84.73 crore in Q4FY26, indicating high volatility and seasonality in this business unit, as noted in the regulatory filings.

RPSG Ventures Limited has announced its Ninth Annual General Meeting (AGM) scheduled for Friday, September 11, 2026 at 12:30 P.M. IST, to be conducted through Video Conferencing (VC)/Other Audio Visual Means (OAVM). The notice, dated May 21, 2026, was signed by Company Secretary Sayak Chatterjee and covers both ordinary and special business items, including key financial approvals and director appointments.

AGM Agenda and Key Resolutions

The meeting will address the following business items:

• Adoption of audited standalone and consolidated financial statements for the financial year ended March 31, 2026
• Re-appointment of Mr. Shashwat Goenka (DIN: 03486121) as a Director liable to retire by rotation
• Re-appointment of Ms. Kusum Dadoo (DIN: 06967827) as Non-Executive Independent Director for a further term of five consecutive years effective September 23, 2026, including continuation of directorship beyond attainment of 75 years of age
• Enhancement of borrowing limit to ₹2500 Crore via Special Resolution, superseding the earlier limit of ₹1750 crores approved at the Fifth AGM held on July 29, 2022
• Creation of charge/security on movable and immovable properties up to ₹1000 Crore over and above earlier approved limits

The remote e-voting period runs from Tuesday, September 8, 2026 at 9:00 A.M. IST to Thursday, September 10, 2026 at 5:00 P.M. IST. The record date (cut-off date) for voting eligibility is Friday, September 4, 2026.

Standalone Financial Performance — FY 2025-26

RPSG Ventures reported robust standalone results for FY 2025-26. The company operates as a focused IT solutions provider for Group Companies in the power generation and distribution sector, offering services including application development, IT infrastructure, cybersecurity, GIS solutions, and smart building solutions. The following table summarises the key standalone financial metrics:

Operating revenues grew 19.9% from ₹225.5 crore in 2024-25 to ₹270.5 crore in 2025-26. Total income (including other income) increased 28.2% from ₹415.9 crore to ₹533.4 crore. PBT grew 23.3% to ₹245.9 crore, while PAT grew 21.4% to ₹180.1 crore. Basic and Diluted EPS increased from ₹44.84 to ₹54.43. During 2025-26, the company delivered 244 man-days of learning through training programmes and had 179 permanent employees as on March 31, 2026.

Consolidated Financial Performance — FY 2025-26

On a consolidated basis, the company's performance reflected the scale of its diversified portfolio. India's GDP grew at 7.6% in 2025-26, with the services sector recording 9.0% growth, providing a supportive macroeconomic backdrop for the Group's businesses.

Total consolidated income grew 17.8% from ₹9,645.0 crore in 2024-25 to ₹11,364.8 crore in 2025-26. PAT declined to ₹1.7 crore, impacted by exceptional items of ₹100.5 crore, which included the impact of new labour codes effective November 21, 2025 (₹93.62 crore), impairment in an associate investment (₹8.79 crore), fair value adjustment on contingent consideration (₹24.36 crore), and impairment of intangible assets net of tax (₹22.45 crore).

Subsidiary Performance Highlights

Key subsidiary performances during FY 2025-26 are summarised below:

RPSG Ventures holds a 53.66% stake in Firstsource Solutions Limited, which serves over 200 leading global brands including Fortune 500, FTSE 100, and ASX200 companies across healthcare, banking and financial services, communications, media and technology, and retail. FSL has 36,205 employees across multiple geographies. In the FMCG segment, GIL's e-commerce and quick commerce channels delivered a 95% year-on-year revenue growth. The real estate subsidiary QPIL is also developing a residential project in Haldia spread over 3.5 acres.

Sports Segment and Corporate Developments

The sports business saw a significant expansion with RPSG Sports Ventures Private Limited (RSVPL) acquiring a 70% stake in Manchester Originals Limited on July 28, 2025. The franchise was subsequently renamed Manchester Super Giants (MSG) on January 15, 2026 and participates in "The Hundred" cricket league organised by the England and Wales Cricket Board. The company's sports portfolio also includes the Lucknow Super Giants (IPL), Durban's Super Giants (SA20), and Mohun Bagan Super Giant (ISL). Mohun Bagan Super Giant won the 2025 IFA Shield during the year.

As on March 31, 2026, the company had 55 subsidiaries, 3 associates, and 4 joint ventures. During the year, Manchester Originals Limited, Jaye Inc. d/b/a TeleMedik, Firstsource Solutions Canada Inc., Pastdue Credit Solutions Limited, and Firstsource Middle East Services LLC became subsidiaries, while FSP Design Private Limited and FSP International Inc. became associates. Bowlopedia Restaurants India Limited completed voluntary liquidation and received its dissolution order from NCLT on May 13, 2026. Subsequent to the financial year, the company incorporated a wholly owned subsidiary named RPSG Brands Mena Private Limited on April 21, 2026.

Dividend and Board Decisions

The Board of Directors has decided not to recommend any dividend on equity shares for FY 2025-26, in order to conserve resources and strengthen the company's financial position for future growth. Key management changes include the appointment of Mr. Sudip Kumar Ghosh as Whole-time Director effective April 1, 2026, and Mr. Sayak Chatterjee as Company Secretary effective April 1, 2026, following the cessation of Mr. Sudhir Langer as Whole-time Director on March 31, 2026. The Board met six times during FY 2025-26. RPSG Ventures' long-term bank facilities carry a CARE BBB+; Stable Outlook rating from CARE Ratings Limited.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE425Y01011/465ad9a1d2854578.pdf