Updater Services reports 7% revenue growth in Q1

Updater Services reported Q1 FY26 revenue of INR7,053 million, up 7% year-on-year. EBITDA reached INR444 million with a 6.3% margin, while profit after tax grew 13% to INR290 million.

The IFM segment saw 10% revenue growth to INR4,679 million, while BSS segment revenue remained stable at INR2,374 million. The company targets 13-15% overall profit growth for FY26.