NPST posts 50% revenue jump in Q2, stock in red
Stock falls 3.7% despite net profit up 34% y-o-y
Network People Services Technologies Ltd (NPST) announced a substantial 50% rise in revenue for the second quarter of fiscal year 2027, reaching ₹72.95 crore compared to ₹48.68 crore in the same period last year. Despite this strong earnings growth, the company's stock price fell by 3.7% to ₹1,720.40 on November 12, trading below its 52-week high of ₹1,934.
NPST's profit for the quarter increased by 34%, reaching ₹13.21 crore, while profit before tax grew 26% to ₹16.94 crore. On a sequential basis, total income showed a 19% increase over Q1, amounting to ₹61.42 crore. The company reported earnings per share of ₹6.34, up from ₹5.00 in the previous quarter. Over the first half of FY27, total income surged 60% to ₹134.37 crore, compared to ₹83.76 crore in H1 FY26.
EBITDA for Q2 rose 17% year-on-year to ₹15.99 crore, although the EBITDA margin declined to 23.60% from 29.22% in Q2 FY26, primarily due to a 98% jump in direct expenses to ₹38.26 crore, driven by higher project execution costs. NPST secured significant business deals, including a confirmed transaction with a major international telecom operator, a Bank-in-a-Box programme covering over 300 rural and cooperative banks, and a substantial hardware order from the national payments institution.
The company also launched its Compliance-in-a-Box platform, a bundled RegTech solution, and closed its first Central Bank Digital Currency (CBDC) order from a private sector bank. With a price-to-earnings ratio of 83.43 and a market capitalisation of approximately ₹3,595 crore as of November 12, 2026, NPST continues to make strides in the industry.
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