Ksolves India Earnings Call Transcript: Key Takeaways
Revenue fell 4.7% YoY as ramp-downs at major enterprise clients hit growth. Management pivoted to agentic AI to offset volume losses and protect margins.
- Call
- Guides 20% growth
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Revenue fell 4.7% YoY as ramp-downs at major enterprise clients hit growth. Management pivoted to agentic AI to offset volume losses and protect margins.
Q2 FY27 revenue ₹37.80 Cr (-4.7% YoY, -8.8% QoQ); PAT ₹7.25 Cr (-13.8% YoY), 19.2% margin. H1 PAT +10.9% YoY. Strategy: AI-led, Claude/OpenAI partnerships.
Q1FY27 revenue grew 10% YoY to Rs 41.4Cr; PAT jumped 43.3% YoY to Rs 9.21Cr. Management shifted to a 100% service-based model, focusing on AI and niche tech despite near-term softness from losing two large clients.
Ksolves Q1 FY27 results show 10% YoY revenue growth to ₹41.44 Cr. Strategy focuses on 'AI-first' delivery with 100+ AI projects delivered and 80%+ active engagements including AI components.
Ksolves crossed ₹150cr annual revenue milestone in FY26, repositioning as an 'AI-first' company. Full-year revenue hit ₹162.7cr with 29.7% EBITDA margin.
Ksolves delivered record Q4FY26 revenue of ₹43.03cr, crossing the ₹150cr annual milestone. Strategy focuses on an 'AI-first' operating model with 600+ AI-certified engineers.
Ksolves achieved record FY26 revenue of ₹162.7cr (18.4% growth) and PAT of ₹34.3cr. Strategy focuses on an 'AI-First' operating model with 600+ AI-certified employees.