Fractal Analytics reports 139% growth in Q2 profit

Fractal Analytics shares rose 15% after Q2 FY27 profit grew 139%. Support at Rs 696 and resistance at Rs 875 remain key levels to watch. Fractal Analytics Limited [

] shares jumped as much as 15% on 4 November 2026 after reporting its September quarter results. Net profit increased 139% year on year to Rs 79.2 crore from Rs 33.2 crore. It also grew 9.5% quarter on quarter. Revenue from operations rose 20% year on year to Rs 956.5 crore, with 10% growth in constant currency. Quarterly revenue crossed $100 million for the first time. Net income margin expanded 413 basis points to 8.3%, while adjusted EBITDA margin improved 123 basis points to 16.2%. Total expenses increased 15% to Rs 858.9 crore. Profit growth outpaced revenue growth, alongside improved margins. From a technical perspective, the broader trend was bearish, but the price has bounced multiple times from the Rs 696 support zone. Resistance is placed at Rs 875. In my view, Rs 696 remains an important support. A move above Rs 875 would bring a potential trend shift into focus. A fall below Rs 696 would weaken the recovery view. Watch how price behaves around these two levels. Stance: Bearish while below Rs 875, with Rs 696 as the key support. Disclaimer: I do not hold any position in this. This content is for informational purposes only and is not a recommendation to buy or sell. Investments in securities are subject to market risks. Please read all related documents carefully before investing.