Yudiz’s Loss Widens 10X To INR 1.1 Cr In H1 FY26

SUMMARY

Revenue from operations declined 7.4% to INR 10.3 Cr in the six month period ended September 2025 from INR 11.1 Cr in the year ago period

The IT and blockchain company’s total expenses declined 4.5% to INR 12.8 Cr in H1 FY26 compared to INR 13.4 Cr in H1 FY25

Founded in 2011, Yudiz specialises in web and mobile app development, and offers services in areas of emerging technologies such as AR/VR, AI, ML, IoT and blockchain

Blockchain and IT development company Yudiz Solutions saw its consolidated net loss widen nearly 10X to INR 1.1 Cr in the first half (H1) of the fiscal year 2025-26 (FY26) compared to INR 11.3 Lakh in the year ago period.

Sequentially, losses fell nearly 30% from INR 1.6 Cr in H2 FY25. The year-on-year (YoY) jump in losses came largely on the back of declining revenues.

Revenue from operations declined 7.4% to INR 10.3 Cr in the six month period ended September 2025 from INR 11.1 Cr in the year ago period. On a quarter-on-quarter (QoQ) basis, the top line improved nearly 5% from INR 9.9 Cr in H1 FY25.

Including other Income of INR 1.2 Cr, the company’s total income stood at INR 11.5 Cr in H1 FY26, down 8.2% from INR 12.5 Cr during the corresponding period last fiscal.

Founded in 2011, Yudiz specialises in web and mobile app development. It also provides services in areas of emerging technologies such as augmented reality (AR), virtual reality (VR), artificial intelligence (AI), machine learning (ML), blockchain and internet of things (IoT).

The startup listed on the NSE SME platform in 2023. Since then, the stock has been on a downward spiral and has crashed more than 52% on a year-to-date (YTD) basis. The stock is also currently down 81% from its issue price of INR 165.

Largely to blame for this has been a tumbling bottom line and a slew of top level exits. In January, chief financial officer Zarna Shah resigned from her position, citing personal commitments. Prior to this in October 2024, Yudiz’s chief supply chain officer (CSCO) Raveena Bohra also put in her papers.

Zooming In On Yudiz’s Expenses

The IT and blockchain company managed to bring down its expenditure, trimming its total expenses to INR 12.8 Cr in H1 FY26. This was 4.5% lower than INR 13.4 Cr in the year ago period.

Employee Benefit Expenses: Yudiz spent INR 9.9 Cr towards employee-related costs, down 8% from INR 10.8 Cr in H1 FY25.

Other Expenses: This was the company’s second biggest cost-centre. Expenditure under this bucket rose 15% to INR 2.6 Cr in H1 FY26 as against INR 2.2 Cr in the year ago period.

Shares of the company closed Friday’s trading session 0.32% lower at INR 30.9 on the NSE Emerge.