R Systems (RSI) reported a strong Q1, with revenue growing 29.9% YoY to INR 574.8 Cr ($62.8M). Adjusted Net Profit soared 74.8% YoY to INR 75.8 Cr ($8.3M), and Adjusted EPS reached INR 6.4, up 74.6% YoY.
Operational utilization stands at a healthy 82.2%, with the Americas region contributing 69.3% to revenue.
The company is strategically focused on an "AI-First.
Engineered Always." approach, highlighted by its brand refresh and the launch of EXIQO, an AI studio to unify business workflows.
Key client wins include a hybrid cloud migration project for a global cloud provider and a large-scale application modernization program for a financial services firm.
RSI was also recognized with an AICONIC Award for "Best Use of AI in Manufacturing." Bookings show momentum, with Trailing Twelve Month ACV reaching $82.4M. Management sees significant opportunities in architecting AI-efficient systems and continued legacy modernization, emphasizing engineering velocity as crucial for achieving AI ROI.
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