NSE · Technology · Information Technology Services
EPS came in at 6.43 against a street estimate of 5.45 — a beat of 18.0%.
with an average price target of ₹379.67.
CONFIDENT Q1 FY'27 delivered strong 34% revenue growth (INR 34,966 cr) and exceptional 77% PAT growth to INR 486 cr, driven by price increases, data center deals, and cloud momentum. Arena losses persist; working capital improved to 32 days. Q1 FY'27 West Asia crisis moderating impact; initially feared 20-25% decline became 15% regional growth. GCC/Lavan and Africa offset UAE/Saudi weakness. Supply chain delays 30 days; freight costs partly absorbed. Analysts pressed on sustainability of price-driven growth, Arena losses, and working capital efficiency. Management acknowledged channel stocking 2-3 months, confirmed profitability tradeoffs on large deals, and committed to restructuring but signaled no quick Arena fixes. Emphasized macro headwinds require quarter-by-quarter navigation. 2026-07-30…
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