Operator Zappfresh DSM Fresh Foods reports profit of 7.3 crore rupees for the first half of fiscal year 27

Divi's Laboratories Ltd announced a significant increase in net profit of 63.57 percent, reaching 1,127 billion rupees in the September quarter, which was driven by increased revenues.

According to regulatory filings, in the corresponding period last fiscal year, the company earned a net profit of 689 billion rupees. Operating revenue increased by 35.39 percent, amounting to 3,676 billion rupees in the second quarter of fiscal year 27, compared to 2,715 billion rupees the previous year.

During the period under review, the company's total expenses rose to 2,265 billion rupees, whereas they were 1,948 billion rupees a year ago. Nevertheless, the company's net profit for the first half of the current fiscal year decreased by 35.39 percent, totaling 2,029 billion rupees compared to 2,568 billion rupees in the same period last year.

Freshworks, whose shares are listed on Nasdaq, reported a net profit of $18.3 million for the third quarter of 2026. This figure significantly exceeds the loss of $4.7 million recorded in the same period last year.

Revenue for the reporting quarter amounted to $245.4 million, demonstrating a 14% increase compared to the previous year. Furthermore, Freshworks reached the one billion dollar annual recurring revenue (ARR) milestone by the end of the third quarter, surpassing its initial forecast to achieve this goal by the end of 2026.

Dennis Woodside, CEO of Freshworks, noted the company's accelerated growth at a higher market level. He stated that Employee Experience (EX) deals increased by more than 35%, and partners were involved in over half of new business deals. According to the executive, customers are increasingly choosing Freshworks due to the need for a unified platform and a single data model for operations.

According to Freshworks data, the number of customers generating over $100,000 in ARR reached 1,821, which is 25% more than last year. The number of customers whose contribution to ARR exceeds $50,000 grew by 18% to 4,257. Meanwhile, the number of customers with ARR over $5,000 increased by 5%, reaching 25,498.

The company specified that medium and large enterprise clients account for over 60% of total annual recurring revenue. The Net Dollar Retention (NDR) rate remained at 104%, consistent with the second quarter of 2026, but decreased compared to 105% in the third quarter of 2025.

Forecasts for the fourth quarter of 2026 project revenue in the range of $253.5 to $254.5 million, corresponding to an approximate year-over-year growth of 14%. For the full year 2026, the company expects revenue to reach between $965 and $966 million, reflecting growth of about 15%.