Misc. Commercial Services company Updater Services announced Q4FY26 & FY26 results Consolidated Financial Highlights: Revenue from Operations: Consolidated revenue for Q4FY26 was Rs. 7,428.21 million, a decrease of 3.16% QoQ from Rs. 7,671.01 million in Q3FY26, and an increase of 4.77% YoY from Rs. 7,090.20 million in Q4FY25. Annual revenue for FY26 stood at Rs. 29,395.07 million, up 7.44% YoY from Rs. 27,360.63 million in FY25. Total Income: Consolidated total income in Q4FY26 was Rs. 7,495.66 million, down 2.71% QoQ from Rs. 7,704.70 million in Q3FY26, and up 3.30% YoY from Rs. 7,256.04 million in Q4FY25. For the full year FY26, total income reached Rs. 29,601.98 million, up 6.80% from Rs. 27,717.30 million in FY25. Profit After Tax (PAT): The group reported a consolidated PAT of Rs. 273.73 million in Q4FY26, a significant increase of 314% QoQ from Rs. 66.12 million in Q3FY26. However, it reflected a 19.93% YoY decline from Rs. 341.85 million in Q4FY25. For the full year FY26, PAT stood at Rs. 827.79 million compared to Rs. 1,189.77 million in FY25, representing a decrease of 30.42%. Standalone Financial Highlights: Revenue from Operations: The company reported revenue of Rs. 4,546.33 million in Q4FY26, representing a marginal decrease of 1.39% QoQ from Rs. 4,610.45 million in Q3FY26, and an increase of 6.21% YoY from Rs. 4,280.55 million in Q4FY25. For the full year FY26, revenue stood at Rs. 17,624.05 million, a growth of 10.72% over Rs. 15,917.29 million in FY25. Total Income: Total income for Q4FY26 was Rs. 4,577.96 million, down 1.23% QoQ from Rs. 4,635.04 million in Q3FY26, but up 4.84% YoY from Rs. 4,366.54 million in Q4FY25. The annual total income reached Rs. 17,793.28 million in FY26, up 10.05% from Rs. 16,168.46 million in FY25. Profit After Tax (PAT): For Q4FY26, PAT stood at Rs. 121.04 million, a growth of 23.16% QoQ from Rs. 98.28 million in Q3FY26. On a YoY basis, PAT decreased by 65.90% from Rs. 354.99 million in Q4FY25. For the full year FY26, PAT was Rs. 528.59 million, compared to Rs. 793.31 million in FY25, a decrease of 33.37%. Business Highlights: Segment Performance: Integrated Facility Management Services (IFM): This segment recorded a total income of Rs. 20,480.24 million for FY26, compared to Rs. 18,584.69 million in FY25. Segment results (Profit before tax) for FY26 stood at Rs. 847.00 million. Business Support Services (BSS): This segment achieved a total income of Rs. 9,678.19 million for FY26, up from Rs. 9,535.36 million in FY25. Segment results (Profit before tax) for FY26 were Rs. 371.47 million. Utilization of IPO Proceeds: The company utilized Rs. 3,777.56 million of its total IPO proceeds of Rs. 3,778.70 million as of March 31, 2026. The funds were directed towards repayment of borrowings (Rs. 1,330.00 million), funding working capital (Rs. 1,150.00 million), Pursuing inorganic growth initiatives (Rs. 800.00 million), and general corporate purposes (Rs. 497.56 million). Merger and Amalgamation: Stanworth Management Private Limited and Tangy Supplies & Solutions Private Limited were merged with the company effective April 1, 2024. Additionally, Integrated Technical Staffing and Solutions Private Limited (ITSS) was merged with Wynwy Technologies Private Limited during the year. Labour Codes Impact: The group recorded an incremental impact of Rs. 53.57 million towards employee benefits provision following the notification of the new four Labour Codes. Avon Solutions & Logistics Investigation: Following an investigation into alleged irregularities in its subsidiary, Avon, the group recorded an incremental impairment loss exceeding Rs. 231 million during the previous quarters toward doubtful recovery. Result PDF