04-Nov-2026 22:53:27
WORKMATESGeneral news
WORKMATES H1 : CONS NET PROFIT UP 32.4% AT RS 12.03 CR (YOY). STRONG (ON 1ST LOOK)
Revenue up 27.5% at ₹95.21 Cr (YOY), up 37.7% over H2 FY26. Ebitda up 24% at ₹16.44 Cr; Ebitda margin 17.3%, PAT margin 12.6% v 12.2% (YOY). Recurring revenue up 43.4% at ₹82.97 Cr, now 87% of revenue v 77% (YOY); entry MRR ₹15.9 Cr/month. FY27 revenue outlook raised to ₹202 Cr from ₹190.56 Cr; H2 FY27 outlook ₹107 Cr. Caution: operating cash flow negative ₹4.70 Cr; receivables up to ₹39.50 Cr on higher H1 billing.
Workmates Core2Cloud Solution Ltd
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