India, Nov. 3 -- Digitide Solutions Limited reported a strong improvement in profitability for the second quarter of FY27, with reported profit after tax (PAT) rising to Rs. 8.9 crore from Rs. 2.9 crore in the previous quarter. EBITDA increased 2.5% sequentially to Rs.78.8 crore, while the EBITDA margin expanded 45 basis points to 10.4%.

Revenue for the quarter stood at Rs. 759.6 crore, down 2% from Rs. 775.1 crore in Q1 FY27. The company said the decline reflected its disciplined approach to deal selection, including the repricing of contracts and exit from low-margin business.

The company's reported PAT margin improved by 80 basis points quarter-on-quarter to 1.2%. Digitide also reported net cash of Rs.76 crore at the end of the quart...