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Digitide Solutions Q3 FY26 results: net loss of ₹2.05 crore
Digitide Solutions Limited reported consolidated revenue of ₹780.30 crore and EBITDA of ₹87.55 crore in Q3 FY26. Revenue rose 2.1% from Q2 FY26 and EBITDA margin increased 0.1 percentage points to 11.2%, but the company reported a net loss of ₹2.05 crore after an exceptional charge of ₹25.86 crore.
Key points
- Consolidated revenue was ₹780.30 crore, up 2.1% from ₹764.19 crore in Q2 FY26.
- EBITDA was ₹87.55 crore, up 2.8% from ₹85.15 crore, while EBITDA margin rose to 11.2% from 11.1%.
- The company reported a net loss of ₹2.05 crore in Q3 FY26, compared with net profit of ₹2.91 crore in Q2 FY26.
- Basic EPS was negative ₹0.51 in Q3 FY26, compared with negative ₹0.12 in Q2 FY26.
- For the first nine months of FY26, consolidated revenue was ₹2,280.23 crore and profit after tax was ₹10.55 crore.
How did Digitide Solutions perform in Q3 FY26?
Digitide Solutions reported consolidated revenue of ₹780.30 crore in Q3 FY26, up 2.1% from ₹764.19 crore in Q2 FY26. Total income was ₹783.69 crore, up 2.0%, while total expenses rose 1.5% to ₹753.82 crore. EBITDA increased 2.8% to ₹87.55 crore, and the EBITDA margin rose 0.1 percentage points to 11.2% from 11.1%. The available year-ago quarter comparison was not provided. Profit declined on the sequential comparison. Profit before tax fell 65.6% to ₹4.01 crore, and the company reported a net loss of ₹2.05 crore in Q3 FY26 against net profit of ₹2.91 crore in Q2 FY26. Loss attributable to owners was ₹7.61 crore, compared with ₹1.78 crore in Q2 FY26, while basic EPS was negative ₹0.51. The company also recorded an exceptional charge of ₹25.86 crore. On a standalone basis, Q3 FY26 revenue was ₹495.79 crore and profit after tax was a loss of ₹8.12 crore. For the first nine months of FY26, consolidated revenue was ₹2,280.23 crore, total income was ₹2,291.39 crore, profit before tax was ₹35.66 crore and profit after tax was ₹10.55 crore. Revenue in each of the last four reported quarters was ₹732.52 crore, ₹735.74 crore, ₹764.19 crore and ₹780.30 crore.
| ₹ crore | Q3 FY26 | Q2 FY26 | QoQ |
|---|---|---|---|
| Revenue from operations | 780.30 | 764.19 | +2.1% |
| Other income | 3.39 | 4.19 | −19.1% |
| Total expenses | 753.82 | 742.81 | +1.5% |
| EBITDA | 87.55 | 85.15 | +2.8% |
| EBITDA margin | 11.2% | 11.1% | +0.1 pp |
| Profit before tax | 4.01 | 11.65 | −65.6% |
| Tax | 6.06 | 8.75 | −30.7% |
| Net profit | −2.05 | 2.91 | turned to loss |
| EPS (₹) | −0.51 | −0.12 |
EBITDA here is revenue from operations less operating costs (total expenses excluding finance costs and depreciation): before other income and exceptional items. Growth is shown only when both figures are positive. Source: Company's results filing (XBRL).
Which businesses drove the quarter?
Business Process Management reported revenue of ₹544.82 crore and EBIT of ₹85.54 crore in Q3 FY26, with an EBIT margin of 15.7%. Tech and Digital reported revenue of ₹235.48 crore and EBIT of ₹22.60 crore, with an EBIT margin of 9.6%. The filing and available data did not provide year-ago revenue or EBIT figures for either reported segment, so segment growth against the year-ago quarter could not be stated. Management said Business Process Management revenue grew 2% sequentially and year-on-year to ₹545 crore. It said Tech and Digital revenue grew 3% sequentially and 19% year-on-year to ₹236 crore, taking its share of total revenue to 30.2%. Management also said international revenue rose 3% sequentially and 11% year-on-year to ₹292 crore, representing 37.4% of total revenue.
| Segment | Revenue | Revenue YoY | EBIT | EBIT margin |
|---|---|---|---|---|
| Business Process Management | 544.82 | 85.54 | 15.7% | |
| Business Process Management | 544.82 | 85.54 | 15.7% | |
| Tech and Digital | 235.48 | 22.60 | 9.6% | |
| Tech and Digital | 235.48 | 22.60 | 9.6% |
Source: Company's results filing (XBRL segment data).
What else did the company announce?
The board approved the unaudited standalone and consolidated financial results for the quarter and nine months ended 31 December 2025. The statutory auditors issued a limited review report, which stated that nothing had come to its attention causing it to believe that the required information had not been disclosed in all material respects. The board also adopted the Digitide Solutions Limited Employee Stock Option Scheme 2026, subject to shareholder approval, covering up to 49,65,568 options convertible into equivalent equity shares, representing 3.33% of paid-up share capital as at 31 December 2025. On the same day, the Nomination and Remuneration Committee approved the allotment of 62,338 equity shares of ₹10 each to RSUs that had exercised under the Special Purpose Stock Ownership Plan 2025. Paid-up share capital increased from 148,949,413 equity shares aggregating to ₹1,489,494,130 to 149,011,751 equity shares aggregating to ₹1,490,117,510. The company also submitted its Q3 FY26 investor presentation. No dividend was mentioned in the same-day filings.
What did Digitide Solutions' management say?
CEO Gurmeet Chahal said management was “very, very confident” that Digitide would deliver double-digit revenue growth in FY27, based on closed deals, Q3 sales momentum and the Q4 pipeline. The company maintained its USD 1 bn revenue target for FY31 under the 3x3x3 strategy, with about two-thirds of growth from organic expansion and one-third from acquisitions. Management also maintained guidance for 200–300 bps of consolidated EBITDA margin expansion by FY31 and expected Q4 FY26 to be stronger than Q3 sequentially. Management said Q3 total contract value reached ₹662 crore, up 20% sequentially, and 34 new logos were added. Tech and Digital accounted for 30.2% of revenue and grew 19% year-on-year, while international revenue was 37.4% of the total. The company expects DSO to stabilise further as FY26 exits, with the trajectory moving from 91 days to 83 days and 79 days. Management also said 15,000 AI agents had been deployed across SmartPay, DigiCollect and DigiLoan, alongside 6,000 staff being re-skilled. Management identified AI-related automation as a risk to about 10% of BPM revenue that was not platform-anchored, and said BFSI customers were reviewing IT and BPM spending. It also noted that domestic BPM margin remained below the international margin. A Labour Code notified on 21 November drove an exceptional charge of ₹25.4 crore in Q3, which management described as an industry-wide adjustment rather than a company-specific issue.
How did Digitide Solutions shares react?
The filing was released after market hours. From the price when it appeared, the stock fell 4.1% after 5 minutes, 3.1% after 15 minutes and 1.8% after 30 minutes. It closed 1.2% higher on the reaction day, measured from the previous close of ₹113.49, and by the next day’s close it was up 9.0% from that pre-results close. By the fifth session, it was down 0.5% from the pre-results close. The IT Enabled Services industry median rose 1.0% on the reaction day, 1.0% by the next close and 2.6% by the fifth close. Digitide’s corresponding excess moves were 0.3 percentage points, 8.0 percentage points and negative 3.2 percentage points. The Nifty Microcap 250 rose 1.8%, 0.5% and 3.8% over the respective closes. Earlier reaction-day moves were negative 2.6% on 4 November 2025, negative 3.7% on 1 August 2025 and negative 6.2% on 26 June 2025.
| After the filing | Stock | IT Enabled Services median |
|---|---|---|
| 5 minutes | −4.1% | |
| 15 minutes | −3.1% | |
| 30 minutes | −1.8% | |
| Reaction day | +1.2% | +1.0% |
| Next day | +9.0% | +1.0% |
| 5 days | −0.5% | +2.6% |
Minutes are measured from the price when the filing appeared; days from the previous close. Source: MarketPing price-reaction measurement.
| Results filed on | Stock on the reaction day |
|---|---|
| 4 November 2025 | −2.6% |
| 1 August 2025 | −3.7% |
| 26 June 2025 | −6.2% |
Source: MarketPing price-reaction measurement.
How did other IT Enabled Services companies do?
A total of 58 other IT Enabled Services companies filed for the quarter, compared with Digitide’s revenue growth of 6.5% year-on-year. The median revenue growth among these peers was 17.4%, with 35 companies reporting higher profit among the 64 peers for which profit was compared. The peer data, as of 5 November 2026, did not provide the number of peers growing faster or slower than Digitide.
| Digitide Solutions revenue growth (YoY) | not comparable |
|---|---|
| Median of 58 other IT Enabled Services companies | +17.4% |
| Companies whose net profit rose | 35 of 64 |
Source: Filed results (XBRL) of the industry's companies.
Quick answers
What was Digitide Solutions' revenue in Q3 FY26?
Revenue from operations was ₹780.30 crore (consolidated).
Did Digitide Solutions make a profit in Q3 FY26?
No. It reported a net loss of ₹2.05 crore.
What was Digitide Solutions' EPS in Q3 FY26?
Basic loss per share was ₹0.51.
How did Digitide Solutions shares react to the Q3 FY26 results?
On the reaction day the stock moved +1.2% from the previous close; the median IT Enabled Services stock moved +1.0%.
When did Digitide Solutions announce its Q3 FY26 results?
On 29 January 2026, in a filing to the NSE.
Sources
- Outcome of Board Meeting (NSE, 29 January 2026) · PDF
- The earnings call (2 February 2026)
How this was written: every figure in the tables and charts is calculated from the company’s filed results (XBRL) and MarketPing’s price measurements. The text is drafted with AI from those figures and the filings, and a checker removes any sentence carrying a number it cannot trace to them. How we write these.
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