Digitide returns to profitability in Q1 FY27; revenue rises 5.3% YoY to INR 775 crores

2026-07-28 08:57:09 Business

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Bengaluru, July 27, 2026: Digitide Solutions Limited (“Digitide”) (BSE: 544413 | NSE: DIGITIDE), an AI-first digital transformation partner for global enterprises, announced its financial results for the first quarter ended June 30, 2026.

Key Highlights
• Revenue increased 5.3% YoY to ₹775.1 Cr, driven by a disciplined focus on profitable growth
• Reported PAT turned positive at ₹2.9 Cr after two quarters, with no exceptional items, reflecting improved earnings quality
• EBITDA of ₹76.9 Cr declined QoQ, driven by lower revenues and the impact of minimum wage revisions across states
• Tech & Digital (T&D) revenue grew 20.3% YoY to ₹237.4 Cr, contributing 31% of total revenue
• International revenue increased 10.2% YoY to ₹295.6 Cr, accounting for 38% of total revenue
• TCV bookings stood at ₹205 Cr, supported by 26 key logo wins
• AI interactions reached 5.7 Mn including 2.5 Mn voice bots and 3.2 Mn chatbots

Innovation, Partnership and People

• Executed a new strategic roadmap focused on improving account economics, accelerating the digital and international revenue mix, and pursuing disciplined, value-accretive M&A opportunities
• Established the first AI Innovation Lab for a marquee customer, creating a scalable engagement model that is now being extended across the client base, with 12+ active discussions underway
• Scaled operations through proprietary AI employees—Nikki, Neil, NINA and Q-Buddy—across HR, recruitment, onboarding and operations, driving lower attrition, enabling 16,000+ hires in six months, and improving NPS by 15%
• Expanded adoption of ARISE, our AI skills platform, which transforms expert knowledge into governed, reusable AI capabilities, delivering 25–30% improvement in code generation productivity across six live projects
• Ranked among India's Top 10 Best Workplaces in Health & Wellness 2026 (Great Place to Work); ICICI Prudential Tatva ranked Digitide as its #1 partner for the ninth consecutive year

Speaking on the performance, Sameer Ahluwalia, Group Chief Executive Officer and Executive Director, Digitide Solutions Limited said, “Revenue grew 5.3% year-on-year to ₹775 Cr, with Tech & Digital and International continuing to grow faster than the company average. This quarter, we made deliberate choices to rationalize parts of our portfolio and step away from opportunities that did not meet our standards for profitability and long-term value. We have set out four priorities - Get Unified, to serve our over 300 clients more holistically across service lines; Strengthen the Core, to sharpen account economics and margins in our India BPM business; Go West, Go Digital, to deepen our international and digital mix and embed AI into client workflows; and Go All Out, to pursue partnerships and selective M&A in a disciplined manner. Together, these will guide how we allocate capital and measure progress as we build a more focused, profitable and technology-led Digitide.”

Suraj Prasad, Group Chief Financial Officer, Digitide Solutions Limited further added, “Consolidated revenue for Q1 FY27 stood at ₹775 Cr, up 5.3% year-on-year, reflecting our conscious choice to prioritize quality of revenue over volume. Tech & Digital revenue grew 20.3% year-on-year to ₹237 Cr, or 31% of revenue, and International revenue grew 10.2% year-on-year to ₹296 Cr, or 38% of revenue, reinforcing that our strategic mix shift remains firmly on track. PAT returned to positive territory after two quarters, with no exceptional items in this quarter, giving us a clean base to build stronger operating performance from. In Q1, TCV bookings stood at ₹205 Cr with 26 key logos added, and we enter Q2 focused on converting high-probability pipeline with stronger pricing discipline, and growing our Tech & Digital, International and AI-led revenue mix. We continue to retain the flexibility to invest in capability building, platform-led offerings, partnerships and selective inorganic opportunities.”

About Digitide Solutions Limited

Digitide Solutions Limited is a global technology-enabled business services provider specializing in digital transformation, AI-driven solutions, and business process management. Headquartered in India, Digitide supports clients across industries including BFSI, fast-growth technology, healthcare, automotive, manufacturing, retail, telecommunications, and the public sector. Its platforms in insurance, customer experience (CX), collections, HR and payroll, talent acquisition, and finance and accounting are designed to deliver intelligent, tailored solutions that address diverse business needs and enable sustainable growth.