Ksolves India earnings calls.

Ksolves India reported Q1 FY27 results showing resilient profitability despite revenue headwinds. Revenue of ₹41.44 croreCurrent reported value: ₹41.44 crore. No comparable prior figure is available in the source record. grew 10Current 10 crore vs previous available quarter 12.2 crore.% YoY but declined 3.7% sequentially due to ramp-down of engagements from two large clients (contributing ~50% of revenue historically) following management changes and cost optimization at their end. EBITDA margin expanded 389bps YoY to 30.3Current 30.3 crore vs previous available quarter 32.4 crore.% through AI-driven efficiency gains (developer productivity doubling) and disciplined cost management, enabling PAT to surge 43.3Current reported value: 43.3. No comparable prior figure is available in the source record.% to ₹9.22 croreCurrent reported value: ₹9.22 crore. No comparable prior figure is available in the source record.. The company maintains its 25-30% EBITDA margin guidance for FY27 with potential to reach the upper end. However, near-term revenue softness is expected over the next 2-3 quarters as the full impact of client ramp-downs materializes. Management remains conservative on FY27 revenue growth (flat to +5% YoY) while targeting recovery to 20% growth trajectory from FY28. Key risks include heavy geographic concentration (63% from North America) and client concentration risk from the loss of two large customers. Strategic focus remains on AI-enabled delivery, expanding Salesforce/AI/ML capabilities, and diversifying into SAP and cybersecurity verticals.