Workmates FY26 Revenue Up 34%, PAT Rises 16%

Workmates Core2Cloud reported FY26 revenue of ₹143 Cr, a 33.6% YoY increase, with PAT growing 16% to ₹15.92 Cr.
Recurring revenue constituted 82.5% of total revenue at ₹118 Cr, while project implementation billing grew 56.3% to ₹25 Cr.
The company disclosed a FY27 revenue goal of ₹210 Cr but provided a current outlook of ₹190.56 Cr, citing a need for ₹19.4 Cr in new business.
Global expansion into UK and US markets is on hold, and a Singapore GTM strategy is being recalibrated due to geopolitical and market conditions.