Excelsoft Technologies Reports 25% Revenue Growth in Q2 FY27; H1 Revenue Rises 34%
Mysore: Excelsoft Technologies Limited, a global provider of technology solutions for the learning and assessment industry, reported a 25.22% year-on-year increase in consolidated revenue from operations to ₹80.90 crore for the second quarter of FY27, compared with ₹64.61 crore in the corresponding quarter last year.
The company’s total income rose 26.24% to ₹86.63 crore. However, EBITDA declined to ₹13.23 crore from ₹18.82 crore, while profit after tax (PAT) fell to ₹8.28 crore from ₹10.61 crore in Q2 FY26. The EBITDA margin stood at 16.35%, compared with 29.13% a year earlier.
First-Half Revenue Increases 34%
For the first half of FY27, revenue from operations increased 33.94% year-on-year to ₹161.16 crore, against ₹120.33 crore in the corresponding period last year.
Total income grew 34.14% to ₹172.73 crore. EBITDA stood at ₹26.26 crore, while profit after tax increased 6.18% to ₹17.50 crore.
Education Technology Services Drive Growth
Education Technology Services contributed ₹49.14 crore, accounting for 60.75% of Q2 revenue, with year-on-year growth of 41.90%. Revenue from services increased 53.90%.
The company continued investing in AI-enabled learning and assessment solutions, including automated question generation and validation, handwriting digitisation, AI-assisted marking, online proctoring and analytics.
Its product portfolio includes AI-levate App Suite, Saras SchoolAI and Saras Assessments in-a-Box.
Excelsoft is also strengthening its international sales operations and global delivery capabilities. Its ongoing projects include implementing a next-generation digital assessment platform for a leading UK awarding body.
The company’s top five customers contributed 74.94% of Q2 revenue, while its top ten accounted for 84.76%. The average relationship tenure among its top ten customers was approximately 11 years.
As of September 30, 2026, Excelsoft maintained a debt-free balance sheet with cash and bank balances of ₹407.06 crore.
Managing Director Dhananjaya Sudhanva said higher employee costs, external consultant engagements and investments in international sales and leadership capabilities affected quarterly profitability. He added that the company remained on track to deliver its committed revenue growth for FY27.
