Digitide Solutions' Q2 FY 2025-26 Quarterly Results

Result Summary

• Digitide Solutions Ltd reported a 3.9% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 30.9%.
• Its expenses for the quarter were up by 4.6% QoQ and down 27.7% YoY.
• The net profit decreased 70.0% QoQ and decreased 96.0% YoY.
• The earnings per share (EPS) of Digitide Solutions Ltd declined at 0.12 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Digitide Solutions Ltd is a company operating in the technology sector, although specific details about its main products or services are not available in the provided data. Without additional context, it is not possible to identify the exact nature of its business operations or any recent major developments that might have influenced its financial performance. The lack of detailed background information limits the ability to provide a comprehensive overview of the company's business environment or market position.

Revenue

In the quarter ending Q2FY26, Digitide Solutions Ltd reported a total income of ₹768.38 crores. This marks a quarter-over-quarter increase of 3.9% compared to Q1FY26, where the total income was ₹739.32 crores. However, when compared year-over-year to Q2FY25, the total income reflects a significant decrease of 30.9% from ₹1111.51 crores. These figures indicate changes in the company's revenue streams over the past quarters and year, but the reasons behind these shifts are not provided in the data.

Profitability

The profitability of Digitide Solutions Ltd for Q2FY26 shows a notable decline when compared to both the previous quarter and the same quarter in the prior year. The Profit Before Tax (PBT) for Q2FY26 was ₹11.65 crores, representing a decrease of 41.7% from Q1FY26's ₹19.99 crores and a substantial decline of 85.7% from Q2FY25's ₹81.57 crores. Profit After Tax (PAT) also decreased sharply to ₹2.91 crores in Q2FY26, down from ₹9.69 crores in Q1FY26 and ₹73.35 crores in Q2FY25, marking declines of 70.0% and 96.0%, respectively. The Earnings Per Share (EPS) saw a contraction to -₹0.12 in Q2FY26 from ₹0.38 in Q1FY26. The year-over-year EPS change was not provided.

Operating Metrics

The total expenses for Digitide Solutions Ltd in Q2FY26 were reported at ₹742.80 crores, which indicates a 4.6% increase from the previous quarter (Q1FY26) where expenses were ₹710.46 crores. Compared to the same period last year (Q2FY25), when expenses were ₹1027.97 crores, there is a reduction of 27.7%. The tax expense for Q2FY26 was ₹8.75 crores, showing a decrease from ₹10.30 crores in Q1FY26 and an increase from ₹8.22 crores in Q2FY25, reflecting changes of -15.0% and 6.4%, respectively. Without additional context on operational strategies or market conditions, the implications of these expense and tax figures remain unelaborated in the data provided.