Excelsoft Technologies Limited, a global provider of digital learning and assessment technology solutions, announced strong financial results for the quarter and nine months ended December 31, 2025. The company delivered impressive growth across key financial metrics, driven by robust performance in educational technology services and strategic client wins.

Q3 FY26 Financial Performance

The company's third quarter performance demonstrated strong momentum across all major financial parameters:

Total income reached ₹75.68 crore, marking a significant 29% year-on-year increase and 10% quarter-on-quarter growth. Net profit before exceptional items surged 40% YoY to ₹13.34 crore, while EBITDA grew 9% YoY to ₹19.67 crore with a margin of 28%.

Nine-Month FY26 Results Show Exceptional Growth

The nine-month performance highlighted the company's strong operational momentum and improved profitability:

The standout performance was the 110% year-on-year surge in net profit to ₹29.83 crore, demonstrating the company's ability to leverage scale benefits and operational efficiencies.

Business Segment Performance and Geographic Mix

Excelsoft's diversified revenue portfolio showed balanced contributions across multiple segments during Q3 and nine-month periods:

Revenue Mix by Segment:

• Educational Technology Services: 65.68% (Q3) and 57.52% (9M)
• Assessment & Proctoring Solutions: 21.06% (Q3) and 26.44% (9M)
• Learning & Student Success Solutions: 9.65% (Q3) and 10.74% (9M)
• Learning Design & Content Solutions: 3.61% (Q3) and 5.31% (9M)

Geographic Distribution:

• North America: 72.16% (Q3) and 65.75% (9M)
• Europe & UK: 18.31% (Q3) and 21.54% (9M)
• India: 5.42% (Q3) and 6.33% (9M)
• Asia ex-India: 3.57% (Q3) and 5.56% (9M)
• Australia: 0.54% (Q3) and 0.82% (9M)

Strategic Developments and Client Expansion

The company achieved several strategic milestones during the period, strengthening its market position and expanding its client base. Key developments included:

Notable partnerships included the formation of a joint AI taskforce with AQA (UK) to advance secure AI models for e-marking handwritten scripts in high-stakes assessments, and securing a major multi-year engagement with VTCT Skills (UK) to deliver their next-generation Saras™ e-Testing platform supporting over 300,000 annual exams.

Management Commentary and Future Outlook

Managing Director Dhananjaya Sudhanva highlighted the company's strong quarterly performance, noting the 29% revenue growth driven by continued momentum in Educational Technology Services. He emphasized the strategic importance of the AQA partnership for advancing AI-powered assessment solutions and the upcoming collaboration with the Civil Service Commission of the Philippines for delivering the Civil Service Digital Examination beginning in 2026.

The company maintains its focus on acquiring new clients across geographies while reinforcing its leadership position in education technology, with particular emphasis on the accelerating adoption of digital learning, high-stakes testing, and enterprise skilling solutions.

Excelsoft Technologies Limited's Board of Directors conducted a meeting on February 06, 2026, approving significant changes in Key Managerial Personnel under Regulation 30 of SEBI Listing Obligations. The meeting commenced at 16:00 Hrs (IST) and concluded at 21:15 Hrs (IST), addressing strategic organizational changes and personnel transitions.

Key Managerial Personnel Resignation

The Board approved the resignation of Mr. Venkatesh Dayananda from his position as Company Secretary and Compliance Officer. In his resignation letter dated February 06, 2026, Mr. Dayananda cited his decision to pursue an alternate career outside of the organization. The resignation becomes effective from the close of business hours on February 27, 2026.

Regulatory Compliance and Documentation

The personnel changes were implemented pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has formally communicated these changes to both BSE Limited (Scrip Code: 544617) and National Stock Exchange of India Limited (Scrip Symbol: EXCELSOFT), ensuring full regulatory compliance.

Board Authorization and Documentation

The resignation was processed based on recommendations from the Nomination and Remuneration Committee. Chairman & Managing Director Dhananjaya Sudhanva (DIN: 00423641) signed the official disclosure documentation, which was digitally executed on February 07, 2026. All relevant documentation, including the resignation letter and regulatory filings, has been properly recorded and submitted to appropriate authorities.

Corporate Governance Framework

The management transition reflects Excelsoft Technologies' commitment to maintaining robust corporate governance standards and regulatory compliance. The company has ensured transparent communication of personnel changes to stakeholders and regulatory bodies, adhering to prescribed disclosure requirements under SEBI Listing Regulations. Additional information regarding these changes is available on the company's investor relations website at excelsoftcorp.com/investors.