Virinchi Board Approves Rs 30 Crore Convertible Warrant Preferential Issue

Prior Charge Masks Growth Net loss of Rs 19.5 Cr in Q2 FY27, loss widened 42.7% YoY; includes prior-period charge of Rs 5.9 Cr, adjusted loss ~Rs 13.6 Cr roughly flat YoY. Revenue at Rs 73.9 Cr in Q2 FY27, +19.6% YoY. EBITDA at Rs 13.2 Cr, +24.2% YoY. EBITDA margin at 17.9% vs 17.2%; administrative expenditure grew 35.2% vs revenue growth of 19.6%. SaaS segment profit at Rs 9.8 Cr, +33.4% YoY, while Healthcare loss widened to Rs 10.3 Cr, offsetting gains. Board approved preferential issue of up to 2 Cr convertible warrants at Rs 15 each aggregating Rs 30 Cr to promoter Viswanath Kompella and IT Peer Technologies LLC, subject to EGM approval on Dec 10, 2026.