Tag
IT / Software / Digital
8 articles
The Indian IT sector demonstrates a mixed performance with both growth and challenges. Several companies are pursuing expansion and innovation, exemplified by Blue Cloud Softech's dual listing to facilitate funding for its sovereign AI platforms and Prostarm Info Systems' recent IPO and expansion of its battery energy storage manufacturing facility. However, Digidrive Distributors experienced a decline in net profit and revenue, highlighting potential headwinds in the distribution space. Vertoz, conversely, reported a robust 45% year-over-year revenue increase, signaling continued demand for its services, while Subex Limited is undergoing an AI-driven turnaround. These developments suggest a dynamic landscape where strategic investments and operational efficiency are crucial for sustained success in the evolving digital economy.
Subex Limited Telecom AI Turnaround with 21.2% EBITDA
Subex Limited presents its AI-driven turnaround strategy focusing on telecom fraud and business assurance products.
Company reports FY27 YTD EBITDA of ₹79.45 crore at 21.2% margin and PAT margin of 17
Blue Cloud Softech NSE Listing Effective 17 August
Blue Cloud Softech Solutions Limited's equity shares commenced trading on the NSE Main Board under symbol BLUECLOUDS from 17 August 2026, while continuing its BSE listing.
The company reported strong
Digidrive Distributors FY26 Net Profit Falls 32%
Digidrive Distributors reported consolidated FY26 net profit of ₹537.97 lakh, down 32% from ₹790.56 lakh in FY25, with revenue declining 7.3% to ₹4,614.79 lakh.
The company issued notice for its Fourt
Prostarm FY26 Revenue Rises 10% to ₹385.77 Crore
Prostarm Info Systems reported FY26 consolidated revenue of ₹385.77 crore and PAT of ₹33.01 crore, representing 10% and 14% growth respectively.
The company completed an IPO raising ₹16,800 lakhs and
HFCL Management Attending Motilal Oswal Investor Conference
HFCL management will participate in the Motilal Oswal 22nd Annual Global Investor Conference on August 18, 2026.
The meeting will discuss general business updates and the industry landscape in group a
SC Condones Delay, Admits Face IT Appeal
Supreme Court heard Civil Appeal No.36033/2026 on 14 Aug 2026 involving Commissioner of Customs and M/s Face IT Systems LLP.
The Court considered three interim applications: condonation of delay in fi
GVP Infotech Q1 Net Profit Rs 3.67 Cr on Deposit Write-Back
GVP Infotech reported Q1 FY27 standalone net profit of Rs 3.67 crore, a significant turnaround from a Rs 2.02 crore loss in Q4 FY26, driven by a Rs 4.95 crore deposit write-back.
Revenue from operatio
Vertoz Q1 FY27 Revenue Jumps 45% YoY
Vertoz reported unaudited Q1 FY27 standalone revenue of ₹2,625.92 lakhs, a 45% YoY increase from ₹1,807.42 lakhs.
The Board re-appointed Hirenkumar Shah as Managing Director for five years and appoint