SaaS Company Turns Profitable In Run Up To IPO

Capillary posted a profit after tax (PAT) of INR 13.3 Cr in FY25 as against a loss of INR 59.4 Cr in FY24, as per its DRHP

The company’s operating revenue for the fiscal year stood at INR 598.3 Cr, up 14% from INR 525.1 Cr in the previous fiscal year

It returned to profitability after FY21 after shutting down multiple of its businesses, pivoting its campaign services business and keeping its burn in check in the lead up to its public offering

SaaS company Capillary Technologies turned profitable in the run up to its…