Newly Listed Fractal Crosses INR 1,001 m Net Income in Q3
Rhea-AI Summary
Fractal (NSE:FRACTAL) reported Q3 FY2026 consolidated revenue of INR 8,544 m, up 21% YoY, with Adjusted EBITDA INR 1,521 m (+24% YoY) and Profit after Tax of INR 1,001 m for quarter ended Dec 31, 2025.
Gross margin improved to 47.2%; Healthcare & Life Sciences grew 78% YoY and Banking grew 26% YoY. Net Revenue Retention was 114% and NPS was 77. Product benchmarks included Vaidya.ai 2.0 and PiEvolve outperforming peer models on public AI tests.
Positive
- Revenue +21% YoY to INR 8,544 m
- Adjusted EBITDA +24% YoY to INR 1,521 m
- Profit after Tax INR 1,001 m
- Gross margin 47.2% (up 0.2% YoY)
- Net Revenue Retention 114% and NPS 77
- Healthcare segment +78% YoY (20% of revenue)
Negative
- Gross margin expansion only 0.2ppt, modest improvement
- Banking segment 12% of revenue, growth may be concentrated
- Client concentration risk: only 6 clients >$20m and 58 >$1m
AI-generated analysis. How Rhea-AI works. Not financial advice.
- Revenue Grows
21% , Adjusted EBITDA Grows Even Faster at24% YoY - Improves Gross Margin to
47.2% , considered Best in Class
In Q3 FY26, the Company reported consolidated revenue of INR 8,544 m, a growth of
Fractal further expanded its relationships with existing clients resulting in a Net Revenue Retention* of
The number of clients who generate revenues upwards of
The company reported a Gross Margin of
Fractal Products beating Global Benchmarks
The company's consumer-targeted AI-based health assistant, Vaidya.ai 2.0, became the first AI model to achieve a 50+ score on OpenAI's HealthBench (Hard), on the toughest healthcare benchmarks that measure advanced clinical reasoning across complex diagnostic scenarios, outperforming ChatGPT-5, GPT-5.2 and Gemini Pro 3.
PiEvolve, an evolutionary agentic engine designed for autonomous machine learning and scientific discovery, was ranked among the top-performing agents on OpenAI's MLE-Bench, outperforming agents from leading AI research labs, including Google, Microsoft and Meta.
Commenting on the performance, Srikanth Velamakanni, Group CEO and Executive Vice-Chairman said: " We delivered a great quarter, improving across nearly every metric. Our best-in-class organic growth, gross margins, and high client retention reflect the strength of our enterprise AI capabilities and the trust our clients place in us.
We have built a disciplined, high-performance organization focused on solving complex enterprise problems with AI. As adoption scales across industries, Fractal is well positioned to lead this transformation while creating sustained long-term value for our clients and shareholders."
For more information, please visit the Investor Relations section of our website at https://fractal.ai/investor-relations
About Fractal
Fractal is a publicly listed global enterprise AI company with a vision to power every human decision in the enterprise. With a workforce of over 5,000 professionals across
Committed to sustained innovation, Fractal invests more than
The company reported consolidated revenue of INR 27.6 billion for the fiscal year ended March 31, 2025, representing a
For more information, go to www.fractal.ai.
*Net Revenue Retention in our Fractal.ai segment measures how effectively we retain and expand revenue from our existing clients over a defined period and is calculated by comparing the current period's revenue from the clients who existed at the start of the period, with their revenue in the previous period - including the effects of upsells, crosssells and contractions
View original content:https://www.prnewswire.com/news-releases/newly-listed-fractal-crosses-inr-1-001-m-net-income-in-q3--302705722.html
SOURCE Fractal Analytics Limited