16-Oct-2026 12:32:52
ONWARD TECHNOLOGIES Q2 FY27: MANAGEMENT CONFIDENT OF SUSTAINABLE GROWTH OVER NEXT 3 YEARS 🟢
• Q2 Performance: Strong improvement in scale and profitability, driven by higher utilization, productivity and operating leverage. • AI & Digital Engineering: Encouraging demand for AI-led transformation and digital engineering services from existing US and European customers. • Employee Addition: Added 432 net employees during H1 FY27, taking global workforce to 2,917. • Customer Expansion: Increasing engagement with strategic customers and targeting higher wallet share from existing accounts. • Profitability Outlook: Focus on improving revenue productivity, offshore delivery, automation and AI adoption. • H2 FY27 Outlook: Management expects continued growth momentum, supported by healthy business visibility. • Long-Term Outlook: Confident of delivering sustainable growth over the next three years.
ONWARD TECHNOLOGIES LTD