Internet Software & Services company Seshaasai Technologies announced Q3FY26 results Revenue from operation was at Rs 3,737.5 million, a growth of 6.1% on a QoQ basis & 10.1% On a YoY basis. Continued to maintain momentum in its focused verticals: Payment Solutions contributed ~53.00% of the revenues. Communication & Fulfilment Solutions contributed 36.40% of the revenues. IOT Solutions contributed ~10.30% of the revenues. EBITDA stood at Rs 1,007.24 million, a growth of 24.9% on a YoY basis with an EBITDA margin of 26.95%, up 316 bps on a YoY basis. The growth was primarily driven by improved gross margin at 45.53% as against 41.70% in Q3FY25, and operating leverage. PAT stood at Rs 640.9 million with a PAT margin of 17.15%, a growth of 19.3% on YoY basis. Top 10 customers contributed 63.50% of the revenues. Pragnyat Lalwani, Managing Director, Seshaasai Technologies, said: “We are delighted to report a strong quarter of healthy performance, reflecting sustained momentum across our key business verticals. Revenue from operations stood at Rs 3,737.5 million, up 10.1% on a YoY basis. Payment Solutions remained our strongest growth driver, while Communication & Fulfilment Solutions delivered steady performance. IoT Solutions business firmly emerging as our next major growth vertical. During the quarter, we secured multiple wins across verticals. We continued to invest in capacity expansion and technology-led initiatives across metal cards, RFID products and IoT devices to build scalable, future-ready capabilities. With a strong balance sheet, differentiated technology platforms, and deep customer relationships, we are well placed to capture new opportunities and drive sustainable growth in the coming quarters.” Pavan Kumar, Chief Financial Officer, Seshaasai Technologies, said: “In Q3FY26, we reported strong revenue growth of 10.1% on a YoY basis, reflecting healthy demand across all our business segments. EBITDA for the quarter stood at Rs 1,007.24 million, an increase of 24.9% YoY with an EBITDA margin of 26.95%. The improvement in profitability was driven by healthier gross margins and operating leverage. As of 31st December 2025, the cash and cash equivalents stood at Rs 3,868.3 million, including IPO proceeds. The utilisation of IPO funds during the quarter remained in line with the stated objects of the issue, primarily towards debt repayment and capacity expansion, positioning the Company well to execute its growth roadmap in the coming quarters.” Result PDF