Ksolves India Limited reported a 43.3% year-on-year increase in profit after tax to ₹9.21 crore for the first quarter ended June 30, 2026, driven by strong operational efficiency and margin expansion. The Board of Directors declared a first interim dividend of ₹4 per share for FY27. Revenue from operations rose 10.0% year-on-year to ₹41.44 crore, though it declined 3.7% sequentially due to the ramp-down of select engagements by large clients recalibrating technology investments.

Financial Performance

The company’s EBITDA for the quarter stood at ₹12.56 crore, a 26.2% increase from the corresponding period last year. The EBITDA margin expanded to 30.3%, up 389 basis points year-on-year and 100 basis points sequentially. Profit Before Tax grew 35.0% year-on-year to ₹12.17 crore. The PAT margin improved to 22.2% from 17.1% in Q1 FY26. Earnings per share for the quarter was ₹3.88.

Dividend Declaration

The Board approved a first interim dividend of ₹4 per share. The dividend will be paid to equity shareholders whose names appear on the Register of Members as on the record date of July 21, 2026.

Strategic Developments

Ksolves strengthened its leadership team with the appointment of Eric Paul Averitt as VP, Head of Global Sales (USA), and Najib Saiyed as Head of Sales - North America (Canada). The company secured strategic wins in banking, healthcare, and logistics sectors, including a 24x7 enterprise NiFi support engagement for a US-based banking client. Ksolves continues to advance its 'AI First' delivery model, integrating AI components into over 80% of active engagements.

Promoters of Ksolves India Ltd have confirmed that no encumbrance was created or invoked on the equity shares held by them during the financial year ended March 31, 2026. The declaration was submitted to the stock exchanges on April 09, 2026, providing assurance to shareholders regarding the status of promoter holdings.

The disclosure was made pursuant to Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Ratan Kumar Srivastava and Deepali Verma, Promoters of the company, filed the declarations on behalf of the promoters and persons acting in concert (PAC).

The letters addressed to the Listing Compliance departments of the National Stock Exchange of India Ltd and The Bombay Stock Exchange Limited stated that there were no direct or indirect encumbrances on the shares during FY26. This filing ensures compliance with regulatory requirements aimed at monitoring substantial acquisition of shares and takeovers.

Key Details of the Disclosure

The confirmations from Ratan Kumar Srivastava and Deepali Verma cover the equity shares held by the promoters. The declarations were submitted for the information and record of the exchanges.