Silverline Technologies Q2 FY27 Financial Results

Revenue: Rs 6.10 crore (down 93.9% YoY) | Net Loss: Rs 0.50 crore (vs. Profit of Rs 7.26 crore)

Reader Takeaway: Revenue contraction and segment pivot to IT services pressure bottom line; sustainability of new operations remains uncertain.

What just happened

Silverline Technologies has reported a significant financial downturn for the quarter ended September 30, 2026. The company’s revenue plummeted to Rs 6.10 crore, compared to Rs 100.07 crore in the corresponding quarter of the previous fiscal. The firm swung to a net loss of Rs 0.50 crore, marking a complete reversal from the Rs 7.26 crore profit reported in Q2 FY26.

Why this matters

The results highlight a radical operational pivot. In the year-ago period, the company's revenue was primarily driven by the agriculture segment. That segment has now generated zero revenue, with the company’s entire income of Rs 6.10 crore now derived from its IT services division. This transition has yet to yield profitability, as the IT segment posted an EBITDA loss of Rs 0.50 crore.

Risks to watch

Investors should monitor the sustainability of the new IT services model. The exit from the high-revenue agriculture segment has left a substantial void in the company's topline. Additionally, the company reported a net cash outflow of Rs 1.02 crore from operating activities, reflecting current liquidity pressure during this business transition.

Context metrics

As of September 30, 2026, the company’s total assets stood at Rs 169.26 crore. The statutory auditor, Sarang Shivajirao Chavan and Associates, performed a limited review, noting the management's responsibility for these financial statements.