Excelsoft Technologies Limited announced strong financial results for the second quarter and half year ended September 30, 2026. Revenue from operations saw a substantial increase of 25.22% year-on-year in Q2 FY27 and 33.94% in H1 FY27. The company continues to invest in product development and AI-led innovation, with Education Technology Services showing robust growth.
Strong Financial Performance Reported by Excelsoft
Excelsoft Technologies Limited has announced its un-audited financial results for the second quarter and half year ended September 30, 2026. The company, a global provider of technology-based solutions for the learning and assessment market, has demonstrated significant top-line growth.
Q2 FY27 Highlights
In the second quarter of Fiscal Year 2027 (Q2 FY27), Revenue from Operations grew by 25.22% year-on-year to ₹808.99 million, compared to ₹646.07 million in Q2 FY26. Total Income increased by 26.24% year-on-year to ₹866.28 million. However, EBITDA stood at ₹132.28 million with a margin of 16.35%, a decrease from ₹188.20 million and a 29.13% margin in Q2 FY26. Profit After Tax (PAT) for the quarter was ₹82.75 million, down from ₹106.12 million in the prior year’s corresponding quarter.
H1 FY27 Performance
For the first half of Fiscal Year 2027 (H1 FY27), Revenue from Operations increased by 33.94% year-on-year to ₹1,611.62 million, compared to ₹1,203.25 million in H1 FY26. Total Income rose by 34.14% year-on-year to ₹1,727.25 million. EBITDA was reported at ₹262.59 million, with an EBITDA margin of 16.29%, showing a decrease from ₹288.61 million in H1 FY26. PAT saw an increase of 6.18% year-on-year to ₹175.03 million from ₹164.85 million in H1 FY26.
Operational and Strategic Developments
Excelsoft continues to invest heavily in Product Development and AI-led Innovation, enhancing its proprietary products and technology platforms. The company is focusing on AI-enabled solutions across the learning and assessment lifecycle. Education Technology Services have shown strong momentum, contributing ₹491.44 million (60.75% of Q2 FY27 revenue) and growing by 41.90% year-on-year. The company is also strengthening its International Sales Capabilities to expand market coverage and customer engagement.
Furthermore, Excelsoft is enhancing its Global Customer Engagement and Delivery Capabilities, with progress on key customer programs including a digital assessment platform for a UK awarding body. The company maintains strong customer relationships, with its top 5 customers contributing 74.94% of revenue. Excelsoft reported a debt-free balance sheet with cash and bank balances of ₹4,070.64 million as of September 30, 2026.
Management Commentary
Mr. Dhananjaya Sudhanva, Managing Director, commented on the performance, stating, “Excelsoft delivered a healthy revenue performance in the first half of FY27, driven by continued momentum in Education Technology Services and sustained demand for our digital learning and assessment solutions. Our growth reflects deeper customer relationships, successful program execution and expanding opportunities across international markets.” He also noted that profitability was impacted by higher employee costs and strategic investments in global sales and leadership capabilities.
Source: BSE
