India's Fractal Analytics rises on quarterly profit jump

Fractal Analytics

12/05/2026 06:12

** Shares of India's Fractal Analytics FRAL.NS jump 3.56% to 1,097.55 rupees

** Co reported more than two-fold y/y increase in fourth quarter profit to 1.17 billion rupees ($12.3 million); revenue rose 17% y/y

** Morgan Stanley ("overweight"; TP: 964 rupees) says revenue missed estimates due to weakness in Asia-Pacific business, though margins and profit beat expectations

** Brokerage says higher other income and lower associate losses supported earnings, while demand for the co's artificial intelligence services remained strong

** Stock up 25.3% since trading debut on February 16

($1 = 95.4700 Indian rupees)

 (Reporting by Surbhi Misra in Bengaluru)

 ((Surbhi.Misra@thomsonreuters.com |  X: https://twitter.com/SurbhiMisra_  |;))