Crizac Q2 FY27 slides: revenue drops 37% but guidance maintained
Crizac Limited, an India-based AI-native global student mobility platform, reported a 37% drop in Q2 FY27 revenue due to significant disruptions such as international travel cancellations and currency movements. Despite this decline, the company maintained full-year guidance and emphasized that the Q2 performance was a one-off event.
Management expects H2 to perform better than H1, with operational resilience demonstrated across the company's global network. The stock traded at $137.02, near its 52-week low, reflecting investor caution about the company's UK concentration and near-term growth prospects.
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