Updater Services earnings calls.

Updater Services reported Q3 FY26 with EBITDA adjusted for one-time losses at ₹45 croreCurrent reported value: ₹45 crore. No comparable prior figure is available in the source record. for the quarter and ₹28.5 crore for 9 months, with margin above 5.8%. The IFM segment delivered strong 14% QoQ growthCurrent 14% QoQ growth. Reported change: -120bps YoY. reaching ₹518.2 crCurrent ₹518.2 Cr. Reported change: +14% QoQ.ore quarterly run rate, driven by 13 new marquee logo additions and favorable labor law changes. However, the BSS segment faces headwinds from sales mix shifts and technology disruption impacting the demand generation business, where EBITDA margins have compressed to approximately 4%Current 4%. Reported change: -120bps YoY. versus 5.2% previously. A ₹23 crCurrent ₹23 Cr. Reported change: Full Provision.ore fraud provision was taken at Avon subsidiary (logistics brokerage vertical, now halted), wiping out most of its net worth. Management targets 9-10% consolidated revenue growthCurrent reported value: 9-10% consolidated revenue growth. No comparable prior figure is available in the source record. for FY26 and 10-12% IFM segment growthCurrent reported value: 10-12% IFM segment growth. No comparable prior figure is available in the source record., expecting margins to stabilize around the 6% level. The company holds ₹252-253 crore for potential acquisitions. Near-term risks include AI disruption affecting D&A and Athena, DSO elevation from large project stabilization, and execution uncertainty during BSS business model transition.