Sept 2026 results: revenue and profit surge, but operating cash flow turns negative

Revenue growth above 20%Profit growth above 25%EBITDA margin expansionResults restatedNegative operating cash flowResults View source PDF Explain this filing

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+15.7%Reaction day

₹210.00

prior close

₹230.70

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.4%+15.3% vs market

IT Enabled Services peers, median of 80sector+0.0%+15.7% vs sector

On the reaction day the stock moved 15.3 pts more than Nifty Microcap 250 and 15.7 pts more than its IT Enabled Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+2.3

10m

+2.3

15m

+1.9

30m

+2.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+15.7+0.4+15.3+0.0+15.7

Next day

+11.9+2.1+9.8+1.4+10.5

+12.9+2.2+10.7+1.6+11.3

+16.6+2.9+13.8+1.6+15.0

+6.2+0.3+5.9-0.1+6.3

+6.8+1.8+5.0+0.0+6.8

+11.9+4.2+7.7+2.5+9.4

15d

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UpDownMarket · Nifty Microcap 250Sector · IT Enabled Services peers, median of 80Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

For the half year ended 30 September 2026, consolidated revenue rose to Rs 23,881.59 lakh from Rs 11,044.11 lakh. Profit after tax was Rs 2,485.13 lakh versus Rs 1,097.09 lakh, with Rs 1,596.05 lakh due to shareholders. Q2 revenue was Rs 12,465.94 lakh, profit after tax Rs 1,531.82 lakh and earnings per share Rs 3.53. Operating cash flow was negative Rs 1,575.04 lakh.

Likely market impact

Strong revenue and profit growth supports sentiment, but negative operating cash flow and higher borrowing needs raise financial risk.

By the numbersConsolidated · Q2 FY27 vs Q2 FY26

	Q2 FY27	Q2 FY26	Change
Revenue	₹238.8 Cr	₹110.0 Cr	+117.0%
Operating profit	₹33.55 Cr	₹9.12 Cr	+267.7%
Profit after tax	₹24.85 Cr	—	—
EBITDA margin	25.5%	—	—

From the company's XBRL filing, not from the text above. Operating profit = profit before tax − exceptional items − other income. EBITDA = profit before tax + finance costs + depreciation − other income.