E2E Networks (E2E) Q1 25/26 earnings summary

Executive summary

• NSE-listed, MeitY-empaneled AI-focused hyperscale cloud platform specializing in advanced cloud GPUs and a comprehensive ecosystem for AI/ML/GenAI workloads at scale.

• Mission centers on providing scalable, accessible, and affordable AI/ML/GenAI cloud solutions for developers, enterprises, startups, education, and government.

• Strategic partnerships with NVIDIA and L&T, and participation in India AI mission, reinforce market positioning.

• Board approved unaudited financial results for the quarter ended June 30, 2025, with results reviewed by the Audit Committee and an unmodified review report from statutory auditors.

Financial highlights

• Revenue from operations for Q1FY26 was ₹3,611.02 lakhs, down 12.6% year-over-year; EBITDA at INR 105 Mn, down 61.5% YoY.

• Net loss for Q1FY26 was ₹284.14 lakhs, a 128% YoY decline; diluted EPS at (1.42), down 120.7% YoY.

• EBITDA margin dropped to 29.1% from 66.0% YoY; PAT margin at (7.9)% versus 24.5% YoY.

• Other income surged to INR 150 Mn in Q1FY26 from INR 3 Mn YoY.

• Raised funds through preferential equity issue; significant capex and CWIP for GPU expansion.

Outlook and guidance

• Focus on expanding sovereign AI cloud platform and capacity buildout, targeting advanced GPU clusters and strategic partnerships.

• Prioritizing regulatory compliance, data sovereignty, and enabling AI innovation for Indian enterprises and government.

• No forward-looking guidance or outlook was provided for upcoming quarters.