**Financial Highlights:** Revenue surged to Rs 150.6 Cr (+58.5% YoY). Adjusted Net Profits hit Rs 27.3 Cr (+44.6% YoY), with Adjusted EBITDA reaching Rs 40.8 Cr (+34.6% YoY). Margins held strong (Adj.

EBITDA 27.1%, Adj.

PAT 18.1%), reflecting diversified revenue growth. **Strategic Initiatives & Growth Drivers:** Strategy centers on unifying user/device identities for "Zero Trust" security.

Growth is fueled by rising cyberthreats, compliance demands, and data privacy.

R&D prioritizes Post Quantum Cryptography, Mobile PKI, and GenAI for advanced solutions. **Business Developments:** Global expansion includes acquiring Cryptas (Austria) and an agreement for AI Cyberforge (North America). New partnerships in Sri Lanka/Nepal and direct Kazakhstan entry broaden market reach.

Key project wins span global FMCG, BFSI, and government. **Market Position & Competitive Advantage:** Positioned as a "one-stop shop" for Identity and Data Security via Securepass and Certinext.

It leverages proven population-scale deployments and future-ready solutions for a strong competitive advantage. **Investor Implications:** Strong financial growth and aggressive international expansion signal positive growth potential.

Ongoing innovation and market diversification suggest resilience and a solid position in the evolving cybersecurity landscape.