Digitide Solutions
106.66
-2.18(-2.00%)
Market Cap₹1,588.69 Cr
PE Ratio178.85
Company Performance:
1D-2.00%
1M-13.35%
6M-48.09%
1Y-54.17%
5Y-54.17%
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More news about Digitide Solutions
04Nov 25
Digitide Solutions Reports ₹139 Million Exceptional Loss Amid Q2 Growth, Approves Financial Results and Relocates Office
Digitide Solutions reported a one-time exceptional loss of ₹139.00 million in Q2 due to corporate restructuring. Despite this, the company showed resilience with a 4.00% QoQ and 7.00% YoY revenue increase to ₹764.00 crore. The Tech & Digital segment saw significant growth, with revenue surging 16.00% QoQ and 23.00% YoY. The company added 24 new clients, expanded its AI Center of Excellence, and achieved Tier 1 partner status with AWS and Microsoft Azure. The Board approved Q2 results and the relocation of the registered office within Bengaluru, effective November 5, 2025.
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04Nov 25
Digitide Solutions Reports Q2 Net Loss Despite Revenue Growth
Digitide Solutions Limited reported a 7% YoY revenue increase to ₹7,641.89 crore in Q2 FY26, driven by 23% growth in the Tech & Digital segment. However, the company faced profitability pressures, reporting a net loss of ₹17.80 crore compared to a profit of ₹214.00 crore in the same period last year. EBITDA declined to ₹851.00 crore from ₹1,030.00 crore YoY, with margin compression to 11.14%. The company incurred demerger expenses of ₹139.17 crore. Despite challenges, Digitide is focusing on AI-first strategy, expanding partnerships, and launching industry solutions. The company maintained a net cash position of ₹28.00 crore and reported TCV bookings of ₹550.00 crore.
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23Sept 25
Digitide Solutions Reassures Investors: H-1B Visa Changes Won't Impact Operations
Digitide Solutions Limited announced that recent H-1B visa regulation changes are not expected to materially impact its operations or financial performance. The company cited minimal reliance on H-1B visas, no impact on existing visa holders, and a strong 65% revenue base in India. Digitide emphasized its commitment to US clients through a mix of local and offshore talent, and is actively monitoring the situation for any further developments.
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08Aug 25
Digitide Solutions Reports 6% Revenue Growth in Q1, Eyes Margin Expansion
Digitide Solutions, newly independent after demerging from Quess Corp, reported Q1 consolidated revenue of INR 736.00 crores, up 6% year-on-year. EBITDA stood at INR 83.00 crores with an 11.2% margin, while PAT was INR 10.00 crores. The company secured 27 new clients and launched 15 AI-led pilots. CEO Gurmeet Chahal outlined a 3x3x3 strategy to triple revenues by FY31, focusing on high-potential verticals and integrated service lines. Digitide aims to grow its tech and digital business to 40% of overall revenues by FY31, betting on application and infrastructure modernization.
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Digitide Solutions
106.66
-2.18
(-2.00%)
1 Year Returns:-54.17%
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