UDS Updater Services Q3 FY26 results (Oct–Dec 2025) and concall
Updater Services reported a mixed Q3 FY26, with strong performance in its IFM segment and parts of BSS, but faced a significant INR230 million write-off in its Avon logistics subsidiary. While IFM revenue grew 14% YoY and overall EBITDA margins were 5.7% for Q3, Denave experienced margin compression and Athena saw a revenue decline over nine months. Management is focused on profitability growth, technology-led interventions, and strategic acquisitions, with INR2,053 million cash on hand.
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What they filed
Q3 FY26: revenue up 10.4%, net profit down 77.4% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 |
|---|---|---|---|---|---|---|
| Revenue | 680 | 695 | 709 | 700 | 729 +7% | 767 +10% |
| EBITDA | 44 | 46 | 36 | 39 | 32 −27% | 21 −54% |
| Net profit | 28 | 31 | 34 | 29 | 20 −29% | 7 −77% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.





