Tera Software reported a strong FY26 performance with a 121% revenue jump to Rs 238.05 crore and a 163% rise in net profit. The company announced a 12% dividend and highlighted its participation in the Rs 7,005 crore BSNL BharatNet Phase-III project. Key management updates include a new CFO appointment and upcoming AGM details.
Tera Software Posts Strong FY26 Results
Revenue grew 121% to Rs 238.05 crore; Net profit surged 163% to Rs 24.80 crore.
Reader Takeaway: Strong revenue growth from key infrastructure projects is balanced by scrutiny over executive remuneration and management transitions.
What just happened
Tera Software Limited has released its financial results for the year ended March 31, 2026, showing significant growth. The company’s standalone operational revenue climbed to Rs 238.05 crore, up from Rs 107.64 crore in the previous year. Net profit followed suit, rising to Rs 24.80 crore, leading to an improved EPS of Rs 19.82. The Board has declared a final dividend of 12%, or Rs 1.20 per share, with a record date of September 22, 2026.
Why this matters
The company’s involvement in the BSNL BharatNet Phase-III Middlemile project is a significant catalyst. As part of a consortium with ITI Limited, Tera Software holds a share worth Rs 3,502.78 crore in the overall project. This long-term order book provides visibility for future revenue, strengthening the company's position in the e-Governance and IT infrastructure sector across 22 states.
Management and Governance
The company is navigating leadership changes and internal governance approvals. Mr. G. Anil Kumar has been appointed as the new CFO effective September 7, 2026. Additionally, the company is seeking shareholder approval for the remuneration of Mr. T. Rajasekhar, which exceeds statutory thresholds. Shareholders will also vote on the re-appointment of Non-Executive Director Mr. Bapaiah Chowdary Tummala during the AGM scheduled for September 29, 2026.
What to track next
Investors should monitor the upcoming AGM, particularly the voting results on remuneration and the finalization of the dividend payout. The pace of execution on the massive BharatNet project will be the primary indicator of sustained financial growth in the coming quarters.
