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 Transport

05 Dec 2025

MIC Electronics Bags Rs 10.49 Mn Deal for Rail Info System Upgrade

MIC Electronics has secured a Rs 10.49 million contract from South Central Railway’s Vijayawada Division to modernise passenger information systems at Annavaram (ANV) and Yelamanchili (YLM), two high-traffic stations on the Vijayawada–Visakhapatnam corridor. The upgrade aims to strengthen real-time communication for daily commuters through integrated digital solutions.The project will introduce synchronised LED train display boards, GPS-enabled digital clocks, automated audio announcements and GPS-based system integration. The stations, located along one of the busiest rail stretches in th..

Mysuru Station Revamp to Boost Capacity and Train Traffic Flow

Railway authorities have said that the ongoing redevelopment of Mysuru Junction, taken up at an investment of Rs 3.95 billion, is set to significantly strengthen the station’s capacity and enhance its ability to manage rising train and passenger volumes. The updates were shared during the ‘Station Mahotsav’ organised by the Mysuru Divisional Railway.The project, which aims to transform Mysuru Junction into a world-class station, was launched in June 2022 when Prime Minister Narendra Modi laid the foundation stone. Officials noted that the redevelopment is designed to accommodate future d..

SpaceMatters Completes 16th Sandipani Vidyalaya School in Madhya Pradesh

SpaceMatters has completed and handed over its 16th CM Rise (now Sandipani Vidyalaya) School for the Government of Madhya Pradesh, concluding the first-phase pilot of the state’s school transformation programme. The milestone aligns with the practice’s 20-year journey, during which it has delivered 500 projects across education, healthcare, industrial townships, spiritual campuses and adaptive reuse.Commissioned by the School Education Department and the Environmental Planning & Coordination Organisation (EPCO), the 16 schools across Bhopal, Ashok Nagar and Dhar span more than 2 millio..