Noida, India — Ksolves India Limited reported a 43.3% year-on-year increase in consolidated profit after tax to ₹9.21 crore for the first quarter of FY27, supported by higher revenue, cost-management measures and improvements in AI-enabled project delivery.
The IT services and solutions company announced its financial results for the quarter ended June 30, 2026, through a stock-exchange filing dated July 15. Consolidated revenue increased 10% year-on-year to ₹41.44 crore from ₹37.67 crore in the corresponding quarter of FY26.
Earnings before interest, taxes, depreciation and amortisation rose 26.2% to ₹12.56 crore, compared with ₹9.95 crore a year earlier. The company’s EBITDA margin expanded to 30.3% from 26.4%, representing an improvement of 389 basis points. Profit before tax increased 35% to ₹12.17 crore.
Ksolves said focused cost management and productivity gains from AI-enabled delivery contributed to the margin improvement. Profit-after-tax margin increased to 22.2% from 17.1% in Q1 FY26, while earnings per share rose 43% to ₹3.88.
On a sequential basis, however, revenue declined 3.7% from ₹43.03 crore in Q4 FY26, while profit after tax fell 5%. The company attributed the revenue moderation to the scaling down of selected engagements by large clients as they reassessed technology spending and cost priorities. Ksolves cautioned that these client-specific developments could result in softer revenue over the next two to three quarters.
The company said it continues to see business opportunities across artificial intelligence and machine learning, Big Data, Salesforce, Odoo and enterprise digital transformation. Several customers are progressing from AI evaluations to active implementation projects, according to the filing.
Ksolves has incorporated an AI component into more than 80% of its active client engagements. It reported having more than 550 AI-certified professionals, over 100 completed AI-led projects and more than 100 AI and generative-AI agents operating in production environments. Its AI-enabled workflows cover coding, software testing, quality checks, deployment, analytics and corporate automation.
The company’s board also declared its first interim dividend for FY27 of ₹4 per equity share.
Ksolves provides digital transformation and technology services across AI and machine learning, cloud computing, Big Data, Salesforce, Odoo, data analytics and DevOps. The company serves clients in more than 30 countries through offices in India, the United States and the United Arab Emirates.
