Fractal Analytics shares rally 12 per cent after strong Q2 results
The artificial intelligence company reported a 139 per cent jump in net income and its first quarter with revenue exceeding $100 million.
Shares of Fractal Analytics rose by as much as 12 per cent on Wednesday, November 4, following the announcement of its earnings for the September quarter of FY27, according to Mint. The stock reached an intraday high of ₹820.75 on the BSE, up from its previous closing price of ₹732.60.
The company reported a 139 per cent year-on-year jump in net income to ₹79.2 crore for the second quarter. Consolidated operating revenue increased 20 per cent year-on-year to ₹956.5 crore, marking the first time the company's quarterly revenue has crossed the $100 million mark.
Growth was driven by the healthcare and life sciences (HLS) business, which saw a 79 per cent year-on-year increase, and the banking, financial services and insurance (BFSI) segment, which grew by 30 per cent. Adjusted EBITDA grew 71 per cent year-on-year, while the adjusted EBITDA margin expanded by 123 basis points to 16 per cent.
Fractal Analytics Co-founder and Group CEO Srikanth Velamakanni said AI models are becoming more capable and cheaper, allowing companies to integrate AI into business decisions. He stated that the quarterly performance reflected this momentum, noting that revenue crossed $100 million and net income more than doubled.
Despite the rally, the stock remains 27 per cent below its 52-week high of ₹1,119.60 recorded in May 2026. The company employs more than 6,000 professionals and invests over 6 per cent of its revenue in AI research and development.