RNIT AI Solutions Ltd Share Price – BSE

IT - Software, Small Cap

RNIT AI Solutions announced that the 2nd Annual General Meeting(AGM) of the company will be held on 29 July 2026.

Net profit of RNIT AI Solutions rose 27.19% to Rs 4.35 crore in the quarter ended March 2026 as against Rs 3.42 crore during the previous quarter ended March 2025. Sales rose 41.87% to Rs 17.62 crore in the quarter ended March 2026 as against Rs 12.42 crore during the previous quarter ended March 2025.

For the full year,net profit rose 66.71% to Rs 12.02 crore in the year ended March 2026 as against Rs 7.21 crore during the previous year ended March 2025. Sales rose 59.79% to Rs 51.50 crore in the year ended March 2026 as against Rs 32.23 crore during the previous year ended March 2025.

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RNIT AI Solutions will hold a meeting of the Board of Directors of the Company on 29 April 2026.

RNIT AI Solutions has received multiple work orders from Telangana Technology Services (TGTS), a Government of Telangana undertaking, for implementation and maintenance of AI-based Facial Recognition Attendance Management Systems.

The work orders pertain to deployment of the said solution for the Government Higher Education Department across the State of Telangana, covering the State Board of Technical Education and Training (SBTET), Collegiate Education Department and ITI institutions across the State, under E-Governance, for a period of three (3) years.

These work orders represent the Company's presence in another State in the Higher Education E-Governance domain, thereby reinforcing its presence in Government-led E Governance initiatives for the Higher Education Department.

The total number of users (approximately) covered under the scope is around 10,00,000 (1 million) across the State of Telangana.

The scope of work includes implementation and maintenance of AI-based Facial Recognition Attendance Management Systems on a rate contract basis (Software-as a-Service (SaaS) model), in accordance with the terms specified in the respective work orders.

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