Updater Services Promoter Buying
Promoter Raghunandana Tangirala acquired 26,000 shares of Updater Services Limited via open market. This transaction increases his stake by 0.0388%.
- Promoter stake change
- +0.04%
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Promoter Raghunandana Tangirala acquired 26,000 shares of Updater Services Limited via open market. This transaction increases his stake by 0.0388%.
Raghunandana Tangirala, a promoter of Updater Services Ltd, acquired 26,000 equity shares via open market purchase for ₹0.49 Crore.
Updater Services disclosed the resignation of MS Samriti Malhotra as CHRO effective September 7, 2026. No further disclosure is required for this senior management departure.
SIS Limited acquired 17,86,545 shares of Updater Services Limited via open market, increasing its stake in the target company from 7.33% to 10.00%.
Updater Services Ltd (UDS) delivered 9% YoY revenue growth in Q1 FY27, characterized by strong performance in the Business Support Services (BSS) segment, specifically the Matrix sub-segment, despite volume challenges in certain traditional audit/tech sectors.
Updater Services reported Q1 FY27 revenue of ₹7,643 Mn (+9% YoY) and PAT of ₹303 Mn (+4% YoY). Focus remains on integrating AI/automation to rationalize employee costs and maintaining market leadership in IFM and BSS segments.
Updater Services Ltd reported revenue from operations of ₹764.3 Cr (+9.2% YoY) and net profit of ₹30.3 Cr (+4.5% YoY) for Q1 FY27.
Updater Services reported FY26 revenue of ₹2,960cr, up 7% YoY, despite headwinds in subsidiaries. Focus shifting to tech-led operational excellence and AI integration.
Updater Services (UDS) reported 7% revenue growth for FY26 but faced significant headwinds from a ₹23 crore provisioning loss at subsidiary Awan. Management is pivoting toward AI-led sales enablement (Athena/Denave) to offset traditional business softness.
Updater Services Ltd delivered FY26 revenue of ₹29,602 Mn (+7% YoY) with an adjusted EBITDA margin of 5.9%. Strategic focus on BSS expansion continues.
Updater Services Ltd reported revenue from operations of ₹742.8 Cr (+4.8% YoY) and net profit of ₹27.4 Cr (-19.9% YoY) for Q4 FY26.