RNIT AI Solutions Ltd

RNIT AI Solutions Ltd. is up 5.00% to Rs 95.63, extending recent gains and adding 0.73% over the last week. RNIT AI Solutions Limited, formerly known as Autopal Industries Limited, announced it has received a Notification of Award (NOA) from the Andhra Pradesh State Skill Development Corporation (APSSDC) for a large-scale, GenAI-enabled multilingual conversational AI platform designed to support up to 20 lakh users/interview sessions. The project, valued in Tier-7 (above Rs 25 Cr inclusive of GST), will be delivered through RNIT’s NIA platform via a Software as a Service (SaaS) model and is expected to be completed within 15 working days, with a five-year services agreement following. The company highlighted this as a first-of-its-kind government-led deployment in India and anticipates it will serve as a reference architecture for future Conversational AI initiatives. RNIT AI Solutions Ltd. shares saw a trading volume of 87707 today, a 52.02% increase compared to the average volume of the last one week. RNIT AI Solutions Ltd. registered a strong increase of 193.79% year-over-year, outperforming the 7.09% loss in the NIFTY50 index.

RNIT AI Solutions Limited, formerly known as Autopal Industries Limited, announced it has entered into a Master Development Services Agreement with 1FC Technology Private Limited for the design, development, integration, testing, and deployment of technology solutions for 1FC's digital financial ecosystem, including the 1FCode financial and wealth technology solution and the 1FC Insure insurance technology solution. The agreement, which marks RNIT's entry into the FinTech, WealthTech, and InsurTech domains, will utilize RNIT's AI assistant, NIA, and covers a project duration of approximately six months.

RNIT AI Solutions Limited, formerly known as Autopal Industries Limited, informed the BSE Limited that its members approved the shifting of the company's registered office from the State of Rajasthan to the State of Telangana at the 2nd Annual General Meeting (Post Relisting) held on July 29, 2026, subject to approval from the Central Government (Regional Director), which will also require an amendment to Clause 2 of the company's Memorandum of Association.

RNIT AI Solutions Limited, formerly known as Autopal Industries Limited, disclosed to the BSE Limited that Rs 11.65 crore of the Rs 26.33 crore raised through a preferential issue of equity shares has been utilized as of June 30, 2026, leaving a balance of Rs 14.68 crore unutilized, according to a filing on July 29, 2026. The company's Audit Committee noted there were no deviations or variations in the utilization of the funds.

Net profit of RNIT AI Solutions rose 54.88% to Rs 1.27 crore in the quarter ended June 2026 as against Rs 0.82 crore during the previous quarter ended June 2025. Sales rose 25.60% to Rs 7.85 crore in the quarter ended June 2026 as against Rs 6.25 crore during the previous quarter ended June 2025. ParticularsQuarter EndedJun. 2026Jun. 2025% Var. Sales7.856.25 26 OPM %35.2935.68 - PBDT2.762.08 33 PBT1.731.08 60 NP1.270.82 55 Powered by Capital Market - Live

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

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. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales17.6212.42 42 51.5032.23 60 OPM %40.1235.02 -40.1631.74 - PBDT7.454.26 75 20.6110.07 105 PBT6.453.35 93 16.617.31 127 NP4.353.42 27 12.027.21 67 Powered by Capital Market - Live

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.Powered by Capital Market - Live