eMudhra Limited has reported a 22.6% year-over-year revenue growth, reaching Rs 1,750 million for the second quarter of FY2026, which ended on September 30, 2025. This growth is attributed to a strong pipeline of deals in the North American market, alongside consistent revenue streams from India, Asia Pacific, and the Middle East and Africa (MEA). Notably, the company has also enhanced its portfolio through the acquisition of Cryptas International GMBH, although this acquisition has impacted margins due to associated losses.

The financial results reveal that adjusted EBITDA rose by 25.1% to Rs 456 million, translating to a margin of 26.1%. Meanwhile, adjusted net profits increased by 17.4% to Rs 287 million, with margins at 16.4%. The company's performance was further bolstered by a healthy EBITDA growth of 28.1%, despite challenges posed by a partner stock buyback in its Indian trust services business, affecting operational margins by Rs 27.7 million. After accounting for adjustments related to employee stock ownership plans (ESOP) and notional interest expenses, the company's margins remained robust.

Looking ahead, eMudhra expects the integration of Cryptas to yield positive outcomes, with profitability anticipated within the next two quarters. The company's strong performance in the current quarter reflects its adaptability and commitment to growth, leveraging opportunities in diverse markets. Investors and analysts will have the opportunity to discuss these results during the scheduled earnings call on November 5, 2025, where further insights into the company’s strategic direction are expected to be shared.