Excitel Claims Profitability In FY26, Revenue At ₹560 Cr

by · Inc42

SUMMARY

  • The company said that it minted a PAT of ₹40 Cr against a net loss of ₹70 Cr in FY25, while operating revenue remained almost flat YoY at ₹530 Cr in FY26
  • The financial turnaround came on the back of the startup trimming its geographical footprint, doubling down on existing cities, improving efficiencies and automating operations
  • Going forward, Excitel has projected a revenue growth of 15-16% in FY27, targeting a profit after tax of ₹50 Cr and an EBITDA of ₹100 Cr