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Source: The Tribune
Fractal Analytics, a leading AI company, announced a doubling of its consolidated profit after tax to Rs 116 crore for the quarter ending March 31, 2026, compared to Rs 55.5 crore in the same period a year ago. This growth was led by the company's healthcare and life sciences segment.
According to Group CEO Srikanth Velamakanni, the Healthcare and Life Sciences sector grew by 82% year-on-year in Q4. The Banking, Financial Services, and Insurance (BFSI) segment also saw substantial growth, with a 32% increase for the year.
The company's consolidated revenue from operations increased by 17% to Rs 886 crore, with significant contributions from the Americas and Europe. With Rs 2,052 crore in cash, Fractal Analytics has completely paid off its long-term debt, boosting its financial health.
(With inputs from agencies.)
Source: Devdiscourse