India, Nov. 10 -- IPO-bound Capillary Technologies turned profitable in the first half of the ongoing financial year (H1 FY26), posting a consolidated net profit of INR 1 Cr as against a loss of INR 6.8 Cr in the same period last year.

Notably, the SaaS company got a tax credit of INR 51.7 Lakh in H1 FY26. Without it, it would have posted a net profit of around INR 50 Lakh.

Its operating revenue surged 25% to INR 359.2 Cr during the period under review from INR 287.2 Cr in the year-ago period.

Founded in 2008 by Aneesh Reddy, Capillary Technologies specialises in providing loyalty management and customer engagement platforms to its customers. It helps businesses across industries improve customer engagement, drive sales and build brand...