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• BSE India
• 1 day 2 hours ago

Audio Recording of the Earnings Conference Call

• BSE India
• 2 days ago

<h3><span style="font-size:16px;"><strong>IT Consulting & Software company Digitide Solutions announced Q1FY27 results</strong></span></h3> <p _ngcontent-ng-c217454201=""><strong _ngcontent-ng-c217454201="">Consolidated Financial Highlights:</strong></p> <ul> <li _ngcontent-ng-c217454201="">Revenue from Operations for Q1FY27 was Rs 7,750.72 million, compared to Rs 7,999.52 million in Q4FY26, marking a QoQ decline of 3.11%. Compared to Rs 7,357.37 million in Q1FY26, this reflects a YoY increase of 5.35%.</li> <li _ngcontent-ng-c217454201="">Other Income for Q1FY27 stood at Rs 43.27 million, showing a QoQ decrease of 16.77% from Rs 51.99 million and a YoY increase of 20.90% from Rs 35.79 million.</li> <li _ngcontent-ng-c217454201="">Total Income for the quarter Q1FY27 reached Rs 7,793.99 million, representing a 3.20% QoQ decrease from Rs 8,051.51 million and a 5.42% YoY increase from Rs 7,393.16 million.</li> <li _ngcontent-ng-c217454201="">Profit before Exceptional Items and Tax for Q1FY27 was Rs 109.19 million, down 9.23% QoQ from Rs 120.29 million and down 62.16% YoY from Rs 288.58 million.</li> <li _ngcontent-ng-c217454201="">Profit for the period for Q1FY27 was reported at Rs 29.33 million. This is a recovery from a loss of Rs 50.05 million in Q4FY26, but a 69.74% decrease YoY compared to Rs 96.93 million in Q1FY26.</li> <li _ngcontent-ng-c217454201="">Total Comprehensive Income for Q1FY27 was Rs 26.99 million, compared to a loss of Rs 72.73 million in Q4FY26 and a profit of Rs 85.29 million in Q1FY26.</li> <li _ngcontent-ng-c217454201="">Basic and Diluted EPS for Q1FY27 was Rs (0.13) compared to Rs (0.85) in Q4FY26 and Rs 0.38 in Q1FY26.</li> </ul> <p _ngcontent-ng-c217454201=""><strong _ngcontent-ng-c217454201="">Standalone Financial Highlights:</strong></p> <ul> <li _ngcontent-ng-c217454201="">Revenue from Operations for Q1FY27 was Rs 4,759.93 million, down 4.38% QoQ from Rs 4,978.18 million and up 2.62% YoY from Rs 4,638.27 million.</li> <li _ngcontent-ng-c217454201="">Total Income for Q1FY27 was Rs 4,772.84 million, compared to Rs 5,343.51 million in Q4FY26 and Rs 4,647.99 million in Q1FY26.</li> <li _ngcontent-ng-c217454201="">Loss before Tax for Q1FY27 stood at Rs 95.45 million, compared to a profit of Rs 129.94 million in Q4FY26 and a profit of Rs 44.16 million in Q1FY26.</li> <li _ngcontent-ng-c217454201="">The quarter Q1FY27 reported a Net Loss of Rs 105.81 million, against a profit of Rs 68.53 million in Q4FY26 and a profit of Rs 35.93 million in Q1FY26.</li> </ul> <p _ngcontent-ng-c217454201=""><strong _ngcontent-ng-c217454201="">Business Highlights:</strong></p> <ul> <li _ngcontent-ng-c217454201=""><strong _ngcontent-ng-c217454201="">Segment Performance:</strong> <ul> <li _ngcontent-ng-c217454201=""><strong _ngcontent-ng-c217454201="">Business Process Management:</strong> Generated revenue of Rs 5,377.17 million in Q1FY27, compared to Rs 5,507.62 million in Q4FY26 and Rs 5,387.10 million in Q1FY26.</li> <li _ngcontent-ng-c217454201=""><strong _ngcontent-ng-c217454201="">Tech and Digital:</strong> Generated revenue of Rs 2,373.55 million in Q1FY27, compared to Rs 2,491.90 million in Q4FY26 and Rs 1,970.27 million in Q1FY26.</li> </ul> </li> <li _ngcontent-ng-c217454201=""><strong _ngcontent-ng-c217454201="">New Entities:</strong> The company incorporated the Digitide ESOP Trust on April 18, 2026, to administer its Employee Stock Option Scheme 2026 and future employee benefit plans.</li> <li _ngcontent-ng-c217454201=""><strong _ngcontent-ng-c217454201="">Merger Update:</strong> The Scheme of Amalgamation of Puresoftware Technologies Private Limited with the company was approved with an appointed date of April 01, 2026. Standalone results for earlier periods have been restated to reflect this merger.</li> </ul> <p><strong>Sameer Ahluwalia, Group Chief Executive Officer & Executive Director, Digitide Solutions, said:</strong> “Revenue grew 5.3% YoY to Rs 775 crore, with Tech & Digital and International continuing to grow faster than the company average. This quarter, we made deliberate choices to rationalize parts of our portfolio and step away from opportunities that did not meet our standards for profitability and long-term value. We have set out four priorities - Get Unified, to serve our over 300 clients more holistically across service lines; Strengthen the Core, to sharpen account economics and margins in our India BPM business; Go West, Go Digital, to deepen our international and digital mix and embed AI into client workflows; and Go All Out, to pursue partnerships and selective M&A in a disciplined manner. Together, these will guide how we allocate capital and measure progress as we build a more focused, profitable and technology-led Digitide.”</p> <p><strong>Suraj Prasad, Group Chief Financial Officer, Digitide Solutions, said:</strong> “Consolidated revenue for Q1FY27 stood at Rs 775 crore, up 5.3% YoY, reflecting our conscious choice to prioritize quality of revenue over volume. Tech & Digital revenue grew 20.3% YoY to Rs 237 crore, or 31% of revenue, and International revenue grew 10.2% YoY to Rs 296 crore, or 38% of revenue, reinforcing that our strategic mix shift remains firmly on track. PAT returned to positive territory after two quarters, with no exceptional items in this quarter, giving us a clean base to build stronger operating performance from. In Q1, TCV bookings stood at Rs 205 crore with 26 key logos added, and we enter Q2 focused on converting high-probability pipeline with stronger pricing discipline, and growing our Tech & Digital, International and AI-led revenue mix. We continue to retain the flexibility to invest in capability building, platform-led offerings, partnerships and selective inorganic opportunities.”</p> <p><a class="lb" href="/get-document/post/pdf/5750058/" target="_blank">Result PDF</a></p>

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