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    ESDS profit rises 14% year over year but falls sharply from previous quarter

    The Indian cloud and AI company reported Q1 FY27 profit of ₹29.3 crore and operating revenue of ₹133.7 crore.

    Inc42IN
    1 Source, 20d ago, first seen 20d ago

    TLDR

    ESDS Software Solution reported net profit of ₹29.3 crore for the quarter ended June 30, 2026, up 14% from a year earlier but down about 57% from the previous quarter. Inc42 reports that operating revenue rose 7.3% year over year to ₹133.7 crore and fell 20.2% sequentially. Total expenses reached ₹98.7 crore, up 8.4% from a year earlier and 16.5% quarter over quarter. The results are the company’s first reported quarter after its stock-market debut.

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    1 Source, first seen 20d ago

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    1 Source, first seen 20d ago

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    ESDS Software Solution reported mixed first-quarter results after its stock-market debut, combining year-over-year growth with a much weaker comparison to the immediately preceding quarter.

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    Inc42 reports that net profit for the quarter ended June 30, 2026, reached ₹29.3 crore, up 14% from ₹25.7 crore a year earlier. Profit was down about 57% from ₹67.7 crore in the previous quarter.

    Operating revenue rose 7.3% year over year, from ₹124.6 crore to ₹133.7 crore, but fell 20.2% from the preceding quarter’s ₹167.5 crore. Including ₹1.5 crore in other income, total quarterly income was ₹135.2 crore.

    Expenses also increased

    Total expenses climbed 8.4% from a year earlier and 16.5% sequentially to ₹98.7 crore. Employee benefit expenses rose to ₹25.2 crore, while other expenses increased to ₹52.5 crore. Tax expense fell 20% year over year to ₹7.2 crore.

    The Nashik-based company sells cloud computing, data-center, managed-service and AI products to government and enterprise customers. As of March 2026, it claimed more than 2,500 customers, including over 170 banking organizations and 100 government bodies. Inc42 noted that ESDS shares closed September 24 at ₹1,850.15 on the BSE, well above the company’s ₹429 IPO issue price.

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    1 Source

    Inc42@Inc42☁️ Recently-listed ESDS reports 14% growth in Q1 profit as revenue rises 7%. 👇 The enterprise cloud and AI company posted a net profit of ₹29.3 Cr in Q1 FY27, up from ₹25.7 Cr in the year-ago quarter. Its operating revenue grew 7.3% YoY to ₹133.7 Cr, while total expenses increased 8.4% to ₹98.7 Cr. However, on a sequential basis, profit fell 57% from ₹67.7 Cr, while operating revenue declined 20.2% from ₹167.5 Cr. @ESDSDataCenter, which provides cloud computing, data centre, managed services and AI-led solutions, serves more than 2,500 clients, including 170+ banking entities and 100 government organisations. The company’s shares, which listed at a 76.5% premium, closed Thursday at ₹1,850.15 on the BSE. 🔗 Read more about ESDS’ Q1 performance here: https://4-2.co/4d2Rk7x @ESDSPiyush #ESDS #CloudComputing #AI #EnterpriseTech #News20d
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    Inc42@Inc42☁️ Recently-listed ESDS reports 14% growth in Q1 profit as revenue rises 7%. 👇 The enterprise cloud and AI company posted a net profit of ₹29.3 Cr in Q1 FY27, up from ₹25.7 Cr in the year-ago quarter. Its operating revenue grew 7.3% YoY to ₹133.7 Cr, while total expenses increased 8.4% to ₹98.7 Cr. However, on a sequential basis, profit fell 57% from ₹67.7 Cr, while operating revenue declined 20.2% from ₹167.5 Cr. @ESDSDataCenter, which provides cloud computing, data centre, managed services and AI-led solutions, serves more than 2,500 clients, including 170+ banking entities and 100 government organisations. The company’s shares, which listed at a 76.5% premium, closed Thursday at ₹1,850.15 on the BSE. 🔗 Read more about ESDS’ Q1 performance here: https://4-2.co/4d2Rk7x @ESDSPiyush #ESDS #CloudComputing #AI #EnterpriseTech #News20d
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