XtraNet Technologies Limited announced a strong financial performance for the second quarter and first half of FY’27. Consolidated revenue surged by 63% year-on-year to approximately ₹110 crores in Q2 FY’27, with operational EBITDA growing by 144% and PAT by 111%. For H1 FY’27, revenue increased by 42% to approximately ₹160 crores, demonstrating robust growth and improved profitability.
XtraNet Technologies Reports Robust Q2 and H1 FY’27 Financials
XtraNet Technologies Limited has disclosed its financial results for the second quarter (Q2) and the first half (H1) of the Financial Year 2027 (FY’27), showcasing significant growth and enhanced profitability. The company highlighted a 63% year-on-year increase in consolidated revenue, reaching approximately ₹110 crores for Q2 FY’27. This growth was accompanied by a substantial 144% rise in operational EBITDA, which stood at approximately ₹22 crores, resulting in improved EBITDA margins of 20.42%. Profit After Tax (PAT) also saw a significant jump of 111%, amounting to approximately ₹14 crores, with PAT margins improving to 12.49%.
First Half Performance Highlights
For the first half of FY’27, XtraNet Technologies reported a consolidated revenue increase of 42%, reaching approximately ₹160 crores. Operational EBITDA for H1 FY’27 grew by an impressive 123% to approximately ₹33 crores, with EBITDA margins expanding by 749 basis points to 20.49%. PAT doubled to approximately ₹20 crores, reflecting improved margins of 12.37%. The company emphasized that profitability is growing faster than revenue, underscoring the strength of its integrated business model and operational efficiency.
Diversification and Strategic Developments
A key highlight from the period was the ongoing diversification of Xtranet’s customer base. The contribution from government and PSU businesses has reduced to approximately 30-35%, with increasing traction from private enterprises, BFSI institutions, and other corporate customers. This strategic shift aims to create a more diversified revenue base and reduce concentration risk. Furthermore, the formation of Xtranet Data Center, a dedicated subsidiary, marks a significant step towards expanding infrastructure capabilities and building annuity-based revenues. The company also continues to scale its proprietary platforms, XtraTrust and Synergy, which contribute 14% to its revenue.
Order Book and Future Outlook
XtraNet secured fresh orders worth approximately ₹90 crores during Q2 FY’27, taking its total order book to around ₹390 crores. The bid pipeline remains strong at over ₹2,000 crores. Looking ahead, the company plans to focus on accelerating order book execution, converting its substantial pipeline, and strengthening procurement and supply chain capabilities. XtraNet aims to improve profitability, operating cash flows, and capital efficiency through H2 FY’27 and FY’28, with a priority on building integrated technology capabilities and strengthening customer relationships for sustainable long-term growth.
Source: BSE
