Disciplined execution and operating efficiency continue to strengthen the Company’s scaling trajectory.
All India– CS TECH Ai reported a strong performance for Q3-FY26, delivering robust revenue growth alongside consistently improving EBITDA margins, reinforcing the company’s steady and disciplined scaling trajectory. The Consolidated Revenue for the period of nine months ended 31st December 2025 was higher than the revenue for the previous year which showed substantial improvement in delivering capabilities profitably.
For the quarter ended December 31, 2025 CS TECH Ai on consolidated basis recorded revenues of INR 1,699 million, marking a healthy Year on year increase from INR 1,118 million in Q3 corresponding quarter last year. The quarter reflects the company’s continued momentum across key markets and customer segments, supported by focused execution and operational efficiency.
Importantly, the revenue growth was accompanied by sustained improvement in EBITDA margins, underscoring CS TECH Ai’s ability to scale profitably while investing in technology, talent, and long-term capabilities.
Business momentum during the quarter was supported by continued order continuity and new opportunities as under:
•State Water & Sanitation Mission (SWSM), Uttar Pradesh: Extension of Letter of Award for Third-Party Inspection and monitoring services across Lucknow, Devipatan, and Chitrakoot clusters, with extended timelines up to 31.03.2027 (Lucknow & Devipatan) and 31.03.2026 (Chitrakoot) and an estimated value of INR 1,071 Mn for the extended duration.
•Maharashtra Remote Sensing Applications Centre (MRSAC): Additional work orders under the National Soil Mapping Program (NSMP) for detailed soil survey and mapping in Maharashtra, taking the cumulative NSMP order value with MRSAC to ~INR 71 Mn (incl. GST) as on Nov 29, 2025.
•Maharashtra State Road Development Corporation (MSRDC): Work order for system integrator for supply, implementation and support of Digital Project management platform including 5D- BIM- ERP- GIS system and establishment of OSO for MPEW-ML project amount to INR 121 Mn
•Mumbai Metropolitan region development Authority (MMRDA): for designing and implementing a robust change detection system for effective urban monitoring and management: INR 113 Mn and implementation of building information modelling (BIM) for wider tunnel and stations amount to INR 83 Mn. – aggregating to INR 196 Mn.
•Vasai Virar Municipal corporation (VVMC) work order for preparation of detailed project report and appointment as project management consultant for the STP project. INR 122 Mn
•Ecosystem partnerships: Strengthened ecosystem momentum through engaging into alignment with Aetosky (Singapore) and Tech Mahindra, reinforcing CS TECH Ai’s international go-to-market readiness in enterprise geospatial and AI-led infrastructure programs. The company is under active discussions with few others to build up partnerships with some elite and domain experts to expand its horizon.
“Q3-FY26 represents a meaningful milestone in our growth journey,” said Kaushik Khona, MD – India Operations, CS TECH Ai. “Our focus has been on building a predictable, resilient business — one that grows quarter after quarter while maintaining financial discipline. The improving EBITDA margins reflect the strength of our operating model and the maturity of our execution.”
Q3-FY26 also marks a scale consolidation phase for the company, as it strengthens its delivery engine, deepens client relationships, and prepares for the next phase of expansion. The consistent quarter-on-quarter growth reinforces confidence in CS TECH Ai’s long-term strategy and its ability to sustain momentum into Q4 and FY26.
With a strong pipeline and continued demand for AI-led engineering and digital solutions, CS TECH Ai remains well-positioned to build on this trajectory while maintaining a balanced approach to growth and profitability.
