Seshaasai Technologies Limited (BSE: 544533, NSE: STYL) has reported a robust 13.3% revenue growth for the second quarter of FY26, highlighting its continued operational momentum across various sectors. For the quarter ending September 30, 2025, the company recorded revenues of ₹3,523.4 million, with strong contributions from its key business segments: Payment Solutions represented 51.1% of total revenues, followed by Communication & Fulfilment Solutions at 37.8%, and IoT Solutions increasing to 10.8%, up from 6.9% year-over-year. This positive performance is complemented by an EBITDA of ₹951.1 million, showcasing a significant 29.0% sequential growth and an EBITDA margin of 26.9%.

The half-year results also reflect solid growth, with total revenues reaching ₹6,632 million and EBITDA at ₹1,688.7 million, marking a 25.3% EBITDA margin, which is an improvement of 54 basis points year-over-year. The profit after tax (PAT) for the quarter stood at ₹575.3 million, a remarkable 56.2% increase sequentially, translating to a PAT margin of 16.3%. The company's top 10 clients collectively accounted for 63.5% of revenues, underscoring the importance of key partnerships in driving growth.

Managing Director Pragnyat Lalwani expressed satisfaction with the quarter's performance, attributing it to sustained demand in their core business areas and effective operational efficiencies. The company is not only focusing on strengthening its leadership in Payment Solutions but also looking to expand its IoT and RFID innovations to establish future growth engines. CFO Pavan Kumar reiterated the strength of their financial position, highlighting the repayment of ₹3,000 million in debt from IPO proceeds, which further enhances the company's balance sheet and positions it for sustainable growth moving forward.