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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
E2E Networks
E2E Networks (E2E) investor relations material
E2E Networks Q2 26/27 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 26/27 earnings summary16 Oct, 2026
Executive summary
Q2 FY27 operational revenue was INR 2,238 Mn, up 410.8% YoY; PAT was INR 727 Mn.
A binding term sheet worth ~INR 1,000 Cr, excluding taxes, covers Blackwell GPUs and allied services for a sovereign AI customer through June 2029.
~5,100 cloud GPUs were live at quarter-end, including 1,024 B200s.
Financial highlights
Q2 revenue from operations was ₹22,376.43 lakh vs ₹4,380.49 lakh YoY; Q2 net profit was ₹7,270.47 lakh vs a ₹1,346.08 lakh loss.
Q2 EBITDA was INR 1,715 Mn, up 45.4% QoQ; PAT rose 65.7% QoQ to INR 727 Mn.
H1 revenue was ₹38,052.42 lakh vs ₹7,991.52 lakh; net profit was ₹11,658.68 lakh vs a ₹1,630.21 lakh loss.
Q2 PBT was ₹9,712.61 lakh; H1 PBT was ₹15,575.25 lakh vs a ₹2,224.54 lakh loss YoY.
Outlook and guidance
Management expected 1,024 additional B200s to be deployed in the quarter; planning for B300 and Vera Rubin compute was underway.
Medium- and long-term EBITDA margin outlook remained 70%+; management gave no revenue, MRR, utilization or CapEx guidance.
GPU order-to-deployment cycles typically ranged from three to six months, with vendor advance-payment terms varying by market conditions and order books.
Uncontracted or short-term contracted capacity was expected to add earnings from existing assets, without quantified timing or outlook.
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Latest events from E2E Networks
- Q1 FY25 revenue and net profit grew year over year, with basic EPS at INR 7.00.E2E
Q1 24/25 - Strong revenue and profit growth, supported by a major equity capital raise and healthy cash flows.E2EQ2 24/25
- Revenue and profit surged year-over-year, supported by major equity capital raises.E2EQ3 24/25
- FY25 revenue and profit surged as GPU capacity expanded; Q4 EBITDA fell QoQ.E2EQ4 24/25
- Revenue rose, but Q1 FY26 ended in a net loss as GPU capacity expanded.E2EQ1 25/26
- Q2 FY26 reported a ₹1,849.20 lakh loss as GPU capacity and IndiaAI orders advanced.E2EQ2 25/26
- Revenue and EBITDA grew sharply as GPU expansion continued, despite a Q3 FY26 net loss.E2EQ3 25/26
- Q4 revenue rose 185.7% YoY; EBITDA margin hit 60.7% and PBT turned positive.E2EQ4 25/26
- Revenue grew 334.3% YoY as GPU capacity reached ~5,100, including 1,024 B200s.E2EQ1 26/27
Next E2E Networks earnings date
Q3 26/2715 Jan, 2027
E2E Networks
Next E2E Networks earnings date
Q3 26/2715 Jan, 2027
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