KSOLVES INDIA LIMITED

During the Q1 FY27 earnings call held on July 15, 2026, Ksolves India Limited reported a consolidated revenue of Rs. 41.4 crore, reflecting a 10% year-on-year growth but a 3.7% sequential decline. Management attributed the sequential moderation to reduced technology spending and ramp-downs by large clients. EBITDA for the quarter was Rs. 12.56 crore, up 26.2% year-on-year, with an EBITDA margin of 30.3%. Profit After Tax (PAT) increased by 43.3% year-on-year to Rs. 9.21 crore, with a PAT margin of 22.2%. Management noted a cautious customer spending environment and did not reaffirm revenue guidance for the current financial year. They emphasized ongoing efforts to build a sales pipeline and maintain margins between 25% to 30%. The management also highlighted the importance of AI in improving operational efficiency and expressed optimism about future growth despite current challenges.

The management acknowledged both growth achievements and challenges in the current market environment.