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The Economic Times
The Economic Times
Business
Ritesh Presswala

63 Moons Technologies shares rally 9% as subsidiary raises FY27 revenue guidance to Rs 600 crore

Shares of 63 Moons Technologies rallied 9.20% to Rs 836.80 on Monday after the company announced a strong business update from its material subsidiary, 63SATS Cybertech Ltd, for the half year ended September 2026. The subsidiary reported a sharp increase in billing and raised its FY27 billed revenue guidance, citing strong first-half momentum and a strengthening pipeline for the second half.

According to the investor update, 63SATS Cybertech's provisional billed revenue for H1FY27 stood at Rs 218 crore, around 2.5 times the Rs 87 crore billed during the entire FY26. Billing increased from Rs 102.57 crore in Q1 to Rs 115.64 crore in Q2, indicating continued momentum during the first half.

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