Updater Services Limited — Investor Meet, 05-11-2024: Analysts/Institutional Investor Meet/Con. Call Updates

Updater Services Limited reported strong Q2 and H1 FY25 results, with total revenue growth of 13% to ₹6,869 million in Q2 and 14% year-on-year to ₹13,456 million in H1. The Integrated Facilities Management (IFM) segment contributed 65% of revenues, with EBITDA margins improving to 6.1%. The Business Support Services (BSS) segment saw a remarkable 27% revenue increase and EBITDA margins of 9.5%. The company remains focused on enhancing operational efficiencies and pursuing synergistic acquisitions for future growth.