E2E Networks (E2E) Q1 26/27 earnings summary

Executive summary

• Q1 FY27 revenue reached INR 1,568 Mn, up 334.3% year-over-year and 64.0% quarter-on-quarter; EBITDA was INR 1,179 Mn and margin was 75.2%.

• Cloud GPU capacity reached ~5,100 at quarter-end, including 1,024 B200s; nearly 3,000 Hopper GPUs had been deployed.

• Sovereign AI solutions, platform launches, and investments in technology, teams, and partnerships supported growth plans.

• Reviewed standalone and consolidated results received unmodified auditor conclusions.

Financial highlights

• Operational revenue was INR 1,568 Mn; reviewed results list revenue from operations at ₹15,675.99 lakhs.

• EBITDA was INR 1,179 Mn, with a 75.2% margin, up 4,610 bps year-over-year and 1,450 bps quarter-on-quarter.

• Management-cited PBT was INR 586 Mn and PAT INR 439 Mn; reviewed results reported net profit after tax of ₹5,862.64 lakhs.

• Exit MRR reached INR 718 Mn in June 2026, up from INR 374 Mn in March 2026; the presentation cited 14.1x MRR growth from June 2022 to June 2026.

• Total income in the reviewed results was ₹16,818.00 lakhs; total comprehensive income was ₹4,010.30 lakhs.

Outlook and guidance

• Capacity plans include 1,024+ additional B200s in deployment, with B300 and Vera Rubin planning underway.

• Management expects continued judicious capacity expansion and considers margins and revenue performance sustainable over the medium to long term; no specific exit MRR or future revenue guidance was given.

• SovCloud is intended to support large-scale GPU infrastructure deployment and funding arrangements for AI infrastructure expansion.

• Jarvislabs.ai provides on-demand GPU instances, pause-and-resume billing, per-minute charges, and CLI/SDK management; it launched as a platform in December 2025.