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hSenidBiz Reports Growth in Q2 FY2027
hSenid Business Solutions PLC recorded a 16% increase in total revenue to LKR 598.6 million, with recurring revenue making up 76% of the total. Gross profit rose by 25%, and EBITDA excluding foreign exchange losses increased by 141%. Despite a net loss of LKR 9.3 million due to currency appreciation, the loss narrowed by 64% year-on-year.
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Summary
Total revenue for the quarter reached Rs. 598.6 million, an increase of 16% year-on-year. 300.3 million, with a gross margin of 50%.
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