Image Source : Expleo
Expleo Solutions Ltd posted strong Q3 FY26 (Dec quarter) results with consolidated revenue from operations at ₹2.79 billion and net profit of ₹221.3 million. Growth driven by digital services (53% of revenue), robust deal wins in Europe and India. Strong balance sheet supports expansion in testing and EV sectors.
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Key Highlights
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Revenue Growth: Consolidated revenue from ops ₹2.79 billion, up ~9% QoQ and 10% YoY, fueled by digital engineering and software testing demand.
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Profit Performance: Net profit ₹221.3 million; EBITDA margins ~17%, reflecting operational leverage and cost controls.
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Digital Momentum: Digital revenue at 53% (up from 48% prior), with key wins in automotive, aerospace, and telecom verticals.
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Financial Strength: Net cash position ~₹3 billion; attrition stable, employee base optimized for growth.
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Outlook: H1 FY26 revenue up 6-7% YoY; Q3 caps 9M growth, guidance for FY26 steady amid global IT recovery.
Strategic Edge
Expleo leverages AI/ML and EV testing expertise amid industry shifts. Europe (70% revenue) and India ops drive diversification. Board approved results today, signaling confidence in sustained profitability.
Sources: Moneycontrol, Economic Times, ScanX.
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