Updater Services Earnings Call Transcript: Key Takeaways
Updater Services reported healthy Q2 results with revenue growing 11% YoY, driven by margin expansion across IFM and BSS segments.
- Call
- Guides 100% growth
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Updater Services reported healthy Q2 results with revenue growing 11% YoY, driven by margin expansion across IFM and BSS segments.
H1 FY27 revenue ₹15,765 Mn (+10%), EBITDA ₹855 Mn (+21%), PAT ₹624 Mn (+28%); Q2 PAT ₹321 Mn (+62%). Strategy: integrated IFM plus BSS platform, organic and inorganic growth.
Updater Services named whole-time director Jigyasa Sharma as CEO-designate of subsidiary Matrix Business Services from December 2026. She becomes CEO from April 2027, succeeding retiring Ravi Shankar.
Updater Services appointed R.G.N. Price & Co. as internal auditor for April 2026 to March 2027. The appointment is routine and discloses no financial value.
Updater Services Ltd reported revenue from operations of ₹812.2 Cr (+11.4% YoY) and net profit of ₹32.1 Cr (+62.1% YoY) for Q2 FY27.
Updater Services will meet on October 30, 2026 to approve unaudited quarterly and half-year results. The trading window stays closed until 48 hours after declaration.