Pace Digitek's Q2 FY 2025-26 Quarterly Results

Result Summary

• Pace Digitek Ltd reported a 45.8% 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 35.8%.
• Its expenses for the quarter were up by 49.9% QoQ and down 36.2% YoY.
• The net profit increased 24.1% QoQ and decreased 33.7% YoY.
• The earnings per share (EPS) of Pace Digitek Ltd stood at 3.59 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

Pace Digitek Ltd is a company engaged in providing digital technology solutions. The company's primary products and services likely encompass software development, IT consulting, and digital transformation services, although specific details regarding its offerings are not available in the provided data. Operating within the technology industry, the company may face competition from both local and international technology firms. There is no specific information about any recent major developments or strategic initiatives undertaken by the company in the provided data.

Revenue

In the second quarter of fiscal year 2026 (Q2FY26), Pace Digitek Ltd reported a total income of ₹543.58 crores. This figure reflects a substantial quarter-over-quarter (QoQ) increase of 45.8% from the ₹372.72 crores reported in the first quarter of fiscal year 2026 (Q1FY26). However, when compared to the same quarter in the previous fiscal year (Q2FY25), there is a notable year-over-year (YoY) decrease of 35.8% from ₹846.31 crores. The significant fluctuation in revenue across the quarters and years may indicate changes in the company's business operations or market conditions, but no specific reasons are provided in the data.

Profitability

Pace Digitek Ltd's profitability metrics for Q2FY26 show a profit before tax (PBT) of ₹95.59 crores, representing a 29.4% QoQ increase from Q1FY26's ₹73.88 crores. Compared to Q2FY25, there is a YoY decrease of 33.9% from ₹144.64 crores. The company's profit after tax (PAT) in Q2FY26 was ₹67.87 crores, indicating a 24.1% QoQ increase from ₹54.70 crores in Q1FY26, but a 33.7% YoY decrease from ₹102.43 crores in Q2FY25. The earnings per share (EPS) for Q2FY26 stands at ₹3.59, up 18.5% QoQ from ₹3.03 in Q1FY26, while registering a YoY decline of 42.5% from ₹6.24 in Q2FY25. These metrics indicate variability in profitability over the analyzed periods.

Operating Metrics

In terms of operating expenses, Pace Digitek Ltd recorded total expenses of ₹448.00 crores in Q2FY26. This represents a 49.9% QoQ increase from the ₹298.84 crores reported in Q1FY26. When comparing YoY, there is a decrease of 36.2% from ₹701.67 crores in Q2FY25. The tax expense for Q2FY26 was ₹27.72 crores, up 44.5% QoQ from ₹19.18 crores in Q1FY26, and down 34.3% YoY from ₹42.21 crores in Q2FY25. These figures suggest variability in operational expenditures and tax obligations over the periods analyzed, although specific drivers behind these changes are not detailed in the data provided.