Digitide Posts 6% YoY Revenue Growth in Q1FY26

04 Aug 2025 CW Team

Digitide Solutions, an AI-first digital transformation partner for global enterprises, announced its financial results for Q1FY26, reflecting steady revenue growth and improved profitability. Revenue stood at Rs 7.36 billion, up 6 per cent year-on-year and 0.4 per cent sequentially, despite the ongoing business reset. The BPM segment grew by 7 per cent, while the Tech and Digital segment rose by 4 per cent year-on-year.

EBITDA came in at Rs 830 million, translating to an EBITDA margin of 11.2 per cent. Profit after tax (PAT) rose sequentially by 150 basis points to Rs 100 million, supported by improved operational efficiency and a focused service portfolio.

The company continued its momentum in new business bookings, crossing the Rs 5 billion mark for the second straight quarter, with Q1 bookings reaching Rs 5.23 billion. This strong performance across key geographies and verticals enhances revenue visibility for FY26. Digitide also progressed with its portfolio optimisation strategy, exiting non-core businesses and doubling down on high-margin, high-potential areas such as BFSI, healthcare, FGT, and AI-led solutions.

Commenting on the results, Gurmeet Chahal, CEO of Digitide Solutions, said, “Digitide is entering a pivotal phase in its growth journey with sharper strategic focus. We are already seeing traction in high-value segments and new wins across core markets. Sequential growth in Q1, despite optimisation measures, strengthens our confidence in accelerated performance going forward.”

Looking ahead, the company plans to further scale its digital and AI-first capabilities across global markets. Backed by a leaner portfolio, a strong leadership team, and agile go-to-market execution, Digitide is well-positioned to unlock long-term stakeholder value in FY26 and beyond.

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..