StockWatch
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IT Enabled Services
Quarterly Result27 Jul 2026, 10:00 pm

Digitide Returns to Profitability in Q1 FY27; Revenue Up 5.3% YoY

AI Summary

Digitide Solutions Limited announced its financial results for Q1 FY27, reporting a return to profitability with a PAT of ₹2.9 Cr after two quarters. Revenue increased by 5.3% year-on-year to ₹775.1 Cr, driven by growth in Tech & Digital (T&D) and International segments. T&D revenue grew 20.3% YoY to ₹237.4 Cr (31% of total revenue), while International revenue rose 10.2% YoY to ₹295.6 Cr (38% of total revenue). EBITDA stood at ₹76.9 Cr, showing a decline QoQ due to lower revenues and wage revisions. The company secured TCV bookings of ₹205 Cr with 26 key logo wins. Digitide highlighted strategic priorities including improving account economics, deepening digital and international mix, and embedding AI into client workflows.

Key Highlights

  • Q1 FY27 PAT turned positive at ₹2.9 Cr after two quarters.
  • Revenue grew 5.3% YoY to ₹775.1 Cr, driven by T&D and International segments.
  • Tech & Digital revenue increased 20.3% YoY to ₹237.4 Cr.
  • International revenue grew 10.2% YoY to ₹295.6 Cr.
  • TCV bookings reached ₹205 Cr with 26 new key logo wins.