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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.
Updater Services Ltd has filed its quarterly shareholding pattern for the period ended September 30, 2026, in compliance with SEBI regulatory requirements.
Updater Services is voluntarily closing its step-down subsidiaries, Denave Europe Limited and Denave Korea Limited, to focus on more promising group opportunities.
Updater Services Ltd announced that ICRA has reaffirmed credit ratings for its bank facilities totaling ₹214 Crore.
Updater Services Limited received a reaffirmation of its credit ratings from ICRA Limited for its various bank facilities.
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 Limited held its 23rd Annual General Meeting on August 25, 2026. Shareholders transacted ordinary and special business items during the meeting.
Updater Services Limited appointed Rajeev Bhardwaj as Chief Operating Officer effective August 12, 2026. Saravanan C.R transitioned from COO to the newly created Chief Growth Officer role.
Updater Services Ltd submitted its Business Responsibility and Sustainability Report (BRSR) for FY 2025-26. The report details the company's ESG performance and operational footprint.
Updater Services Ltd issued a notice convening its 23rd Annual General Meeting on August 25, 2026. The meeting will address financial statements and director re-appointments.
SIS Limited acquired 14,47,295 equity shares of Updater Services Limited via open market transactions. This increases the filer's stake in the target company.
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 Ltd submitted its Monitoring Agency Report for the quarter ended June 30, 2026, regarding the utilization of its Initial Public Offer proceeds.
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 Limited declared an interim dividend of Rs. 1 per equity share for the financial year 2026-27, with a record date of August 5, 2026.
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 Limited has scheduled a board meeting on July 30, 2026, to consider quarterly financial results and a potential interim dividend.
Promoter Anjan Sarma gifted 23,44,025 shares (3.50% stake) of Updater Services Limited to his brother in an off-market transaction, reducing his holding to nil.
Updater Services Limited has re-submitted revised standalone and consolidated financial results for the quarter ended June 30, 2025, to rectify an EPS reporting variance.
SIS Limited acquired 1.96 lakh shares in Updater Services Ltd via open market. The acquisition increased its stake to 5.17%, a non-promoter capital structure change.
Promoter Anjan Sarma gifted 23.44 lakh shares to his brother, reducing his stake to 0%. The off-market transfer was disclosed under SEBI SAST Reg 29(1).
Promoter Tangirala Venkata Subbiah Sarma received a gift of 23,44,025 equity shares from promoter Anjan Sarma. The transaction was executed off-market.