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Capillary Technologies Raises FY27 Revenue Guidance After Strong Q1
Capillary Technologies is a company that helps businesses use technology.
It had a strong first quarter.
Its EBITDA, a measure of operating profit, rose by 132%.
Because of this performance, the company increased its expected FY27 revenue to ₹1,065 crore.
The company’s COO, Anant Choubey, explained a sale of 4.14% of the company’s stake by its holding company, CTPIL.
He also discussed a cyber fraud involving €3 million.
The company has ₹500 crore in cash.
It is considering how to use that money.
Capillary Technologies raised its FY27 revenue guidance to ₹1,065 crore after a strong first quarter.
The company’s EBITDA increased 132% during the first quarter.
COO Anant Choubey clarified details surrounding holding company CTPIL’s 4.14% stake sale.
The company addressed efforts related to recovering €3 million linked to a cyber fraud incident.
Capillary Technologies plans to determine how to use its ₹500 crore cash pile.
- Who
- Capillary Technologies and its COO, Anant Choubey.
- What
- The company raised its FY27 revenue guidance to ₹1,065 crore after reporting strong first-quarter performance.
- Where
- When
- After the company’s first-quarter results; the articles do not specify a calendar date.
- Why
- The guidance was raised following strong first-quarter performance, including a 132% increase in EBITDA.
Key facts
- FY27 revenue guidance
- ₹1,065 crore
- First-quarter EBITDA growth
- 132%
- Stake sale
- Holding company CTPIL sold or disclosed a 4.14% stake sale, according to the report.
- Cyber fraud amount
- €3 million
- Cash pile
- ₹500 crore
- Company executive quoted
- Anant Choubey, COO
Sources
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