StockWatch
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Computers - Software & Consulting
Quarterly Result19 May 2026, 07:21 pm

Workmates Core2Cloud FY26 Revenue Up 33.6% to ₹143.82 Cr

AI Summary

Workmates Core2Cloud Solution Ltd announced its FY26 financial results, reporting a 33.6% YoY increase in revenue to ₹143.82 Cr. Recurring revenue reached ₹118 Cr, representing 82.5% of total revenue. The Board declared an interim dividend of ₹2 per share. The company reported a PAT of ₹15.92 Cr and PBT of ₹21.46 Cr. They entered FY27 debt-free with ₹53.95 Cr in cash and equivalents.

Key Highlights

  • FY26 revenue from operations reached ₹143.82 Cr, a 33.6% YoY increase.
  • Recurring revenue comprised 82.5% of total revenue, amounting to ₹118 Cr.
  • The Board declared an interim dividend of ₹2 per share for FY26.
  • Company is debt-free with ₹53.95 Cr cash and equivalents as of March 31, 2026.
  • FY2027 entry MRR stands at ₹13.25 Cr/month, a 35% increase vs March 2026.