IKIO Technologies posted solid Q3FY26 numbers.
Revenue jumped 20% YoY to Rs 145.6 Cr, primarily driven by its 'Other Business' segment, which soared 33% YoY to Rs 101.4 Cr, now contributing 70% of total revenue.
For the first nine months of the financial year (9MFY26), overall revenue was up 15% to Rs 429.9 Cr.
Strategically, IKIO is doubling down on diversification and global reach.
It's seeing strong traction in new Hearables & Wearables products with fresh orders.
Overseas revenue jumped 57% YoY to Rs 89.6 Cr for 9MFY26, driven by robust Middle East growth.
Recent developments include the commercialization of Block I of its greenfield project in May 2024, with Block II now ready for operational activities.
The company also acquired an 88% stake in Gravus Tech to boost marketing and distribution capabilities.
Profits soared in Q3FY26: EBITDA was up 47% YoY to Rs 21.9 Cr, expanding margins to 15%. Profit After Tax (PAT) climbed 38% YoY to Rs 10.8 Cr.
However, for 9MFY26, EBITDA saw a slight 4% dip and PAT was down 27% YoY.
Management's focus is on backward integration and cost control to enhance margins, alongside continued expansion of product offerings and global footprint.
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