AERT

Shares of Aeries Technology, Inc. AERT have declined 15.6% since the company reported results for the fiscal year ended March 31, 2026, underperforming the S&P 500’s 1.7% decline over the same period. Over the past month, Aeries shares have declined 5.2% compared with a 3.1% decline for the broader market, reflecting weaker investor sentiment despite the company’s return to profitability. Aeries reported earnings per share of 5 cents for fiscal 2026 against a loss per share of 49 cents in fiscal 2025. Revenues of $70 million remained essentially flat compared with $70.2 million in fiscal 2025. Net income was $3.5 million, a sharp turnaround from a net loss of $21.6 million in the prior year. Income from operations improved to $4.5 million from an operating loss of $28.8 million a year earlier. Adjusted EBITDA reached $8.3 million compared with a negative $4.7 million in fiscal 2025, while adjusted EBITDA margin expanded to 11.9% from a negative 6.6%. Aeries Technology, Inc. price-consensus-eps-surprise-chart | Aeries Technology, Inc. Quote Gross profit increased 3% year over year to $17.3 million from $16.7 million, while gross margin improved to 25% from 24%. Selling, general and administrative expenses declined 72% to $12.8 million from $45.5 million, contributing significantly to the improvement in profitability. Operating cash flow totaled $6.8 million compared with cash used in operations of $1 million in fiscal 2025, marking the fourth consecutive quarter of positive operating cash flow. Cash and cash equivalents increased 77% year over year to $4.9 million. The company ended fiscal 2026 with more than 40 clients across industries, including e-commerce, telecommunications, healthcare and engineering. Chief executive officer Ajay Khare described fiscal 2026 as a year of “meaningful operational progress,” highlighting profitability improvements, cash generation and expansion of the company’s Global Capability Center (GCC) platform. Management emphasized gains from automation-enabled productivity initiatives and the expansion of multi-year GCC engagements across North America, India and Mexico. The company also noted progress in deepening relationships within the private-equity ecosystem, a core target market. In a follow-up statement, management said demand for AI-enabled GCC operating models is accelerating as private-equity-backed and mid-market compan...

Reports Full-Year Revenue of $70 Million and Adjusted EBITDA of $8.3 Million, Exceeding Increased Adjusted EBITDA Guidance Range; Fourth Consecutive Quarter of Positive Operating Cash Flow; FY2027 Outlook Reiterated NEW YORK, June 10, 2026 (GLOBE NEWSWIRE) -- Following its recently reported fiscal year 2026 results, Aeries Technology, Inc. (Nasdaq: AERT) (“Aeries” or the “Company”), a global leader in AI-powered business transformation and Global Capability Center (“GCC”) services, today highlighted the significance of its financial progress and strategic positioning at a critical market inflection point. The Financial Turnaround With $70 million in revenue, Aeries delivered substantial improvements in profitability and cash generation. The Company returned to profitability, reporting net income of $3.5 million, compared with a net loss of $(21.6) million in fiscal year 2025. This represents an improvement of more than $25 million year over year. Adjusted EBITDA reached $8.3 million, exceeding the Company's increased guidance range of $7.0 million to $8.0 million. The Adjusted EBITDA margin expanded by 18.5 percentage points to 11.9%, up from (6.6)% in the prior year. Importantly, these results were achieved while the Company continued to invest in AI-enabled capabilities, client expansion, and platform innovation. Operating cash flow improved to $6.8 million, up from $(1.0) million used in operations in fiscal year 2025, marking the fourth consecutive quarter of positive operating cash flow. SG&A expenses declined 72% year-over-year to $12.8 million from $45.5 million, reflecting a significantly leaner and more scalable operating structure. Positioned in an Accelerating Market Private equity sponsors and mid-market enterprises are rapidly adopting GCC operating models that embed AI and automation as core design elements. Demand for AI-embedded GCC models is accelerating beyond pilot programs. Clients are asking: “How do we build a GCC that operates with AI as a native?” Management believes these forces are creating a significant opportunity for PE-backed enterprises evaluating GCC transformation partners. Aeries is positioned at the center of this inflection, with a portfolio of signed contracts and expanding client relationships. Fiscal 2026 Financial Highlights Revenue of $70.0 million Income from operations of $4.5 million, compared to a loss from operat...

Reports Full-Year Revenue of $70 Million and Adjusted EBITDA of $8.3 Million, Exceeding Increased Adjusted EBITDA Guidance Range; Fourth Consecutive Quarter of Positive Operating Cash Flow NEW YORK, June 08, 2026 (GLOBE NEWSWIRE) -- Aeries Technology, Inc. (“Aeries” or the “Company”) (Nasdaq: AERT), a global leader in Global Capability Center (“GCC”) services and business transformation solutions for private equity-backed enterprises, today announced financial results for the fiscal year ended March 31, 2026. Fiscal Year Ended March 31, 2026 (Fiscal Year 2026) Financial Highlights Revenue: Revenue for fiscal year 2026 was $70 million. Income from Operations: Income from operations for fiscal year 2026 was $4.5 million, compared to $(28.8) million for fiscal year 2025. Net Income: Net income for fiscal year 2026 was $3.5 million, compared to $(21.6) million for fiscal year 2025. Adjusted EBITDA: Adjusted EBITDA for fiscal year 2026 was $8.3 million, with an Adjusted EBITDA margin of 11.9%, above the Company's increased guidance range of $7 million to $8 million, compared to $(4.7) million and a margin of (6.6)% for fiscal year 2025. Operating Cash Flow: The Company generated $6.8 million in cash from operating activities during fiscal year 2026, compared to $(1.0) million used in operations in fiscal year 2025, and reported positive operating cash flow for the fourth consecutive quarter. Financial Outlook The Company is reiterating its previously stated guidance for fiscal year 2027: Revenue between $80 million and $84 million Adjusted EBITDA between $10 million and $12 million Ajay Khare, Chief Executive Officer of Aeries, commented: "Fiscal year 2026 was a year of meaningful operational progress for Aeries. We delivered revenue of $70 million and Adjusted EBITDA of $8.3 million, exceeding our increased guidance range of $7 million to $8 million, with Adjusted EBITDA margin expanding to 11.9% from (6.6)% in fiscal year 2025. We generated $6.8 million in cash from operating activities, reported our fourth consecutive quarter of positive operating cash flow, and returned to net income of $3.5 million. During the year, we continued to improve operating leverage through disciplined execution, automation-enabled productivity initiatives, and expansion of multi-year GCC engagements across North America, India, and Mexico. We also continued to deepen our relationsh...

Margin Expansion, Operating Leverage and Multi-Year GCC Momentum Drive Increased Visibility NEW YORK, Feb. 09, 2026 (GLOBE NEWSWIRE) -- Aeries Technology, Inc. (NASDAQ: AERT) (“Aeries” or the “Company”), a global leader in AI-powered business transformation and Global Capability Center (GCC) services, today announced financial results for its third quarter of fiscal 2026, ended December 31, 2025. Based on performance through the third quarter and continued execution momentum, Aeries is increasing the current full-year fiscal 2026 adjusted EBITDA guidance to a range of $7 million to $8 million, compared to the prior guidance of $6 million to $8 million. For fiscal 2027, which runs from April 2026 through March 2027, and based on our current portfolio of signed contracts and active program expansions already underway, Aeries expects revenue in the range of $80 million to $84 million, with an adjusted EBITDA range of $10 million to $12 million. The company delivered another quarter of solid performance driven by strong execution across India and Mexico, increasing adoption of transformation programs, and continued expansion of multi-year GCC engagements. Aeries also generated positive operating cash flow for the third consecutive quarter, reflecting improved operating leverage and cost discipline. Financial Highlights (unaudited) For the quarter ended December 31, 2025, (Q3 FY2026) Revenue of $17.5 million Net Income of $1.2 million Adjusted EBITDA of $2.5 million and 14.1% margin Operating cash flow positive for the third consecutive quarter, at approximately $2.4 million. These results reflect continued progress in building a more predictable and efficient operating model, supported by automation-driven productivity gains, improved delivery utilization, and disciplined execution across client programs. The quarter was marked by continued activity across GCC engagements. During the quarter, Aeries continued to advance its automation and AI delivery initiatives and was recognized by industry analysts for its GCC setup and expansion capabilities. Demand from private equity portfolio companies and mid-market enterprises remained strong, contributing to increased client expansions and improved forward visibility. To support continued scaling of client programs, Aeries has also strengthened its talent acquisition capabilities through a strategic partnership with a...

Early implementation outcomes demonstrate measurable improvements ahead of phased rollout. NEW YORK, Dec. 15, 2025 (GLOBE NEWSWIRE) -- Aeries Technology, Inc. (NASDAQ: AERT), a global leader in AI-powered business transformation and Global Capability Center (GCC) services, today shared results from early implementations of its Engineering Management Framework (EMF) across select client programs. EMF was tested in active engagements throughout 2025 and is now entering phased rollout based on validated outcomes. EMF is Aeries’ governance led system that standardizes how enterprises measure and manage engineering performance across global delivery hubs. The framework converts engineering, automation, and monitoring data into executive ready insights that strengthen delivery predictability, improve engineering effectiveness, and reduce operational risk. Early programs that highlight EMF delivered measurable gains, including: Up to 30% faster development cycles through AI enabled engineering practices Up to 30% reduction in data reconciliation timelines with improved reliability Delivery of AI powered content automation for higher content throughput and reduced manual effort Faster migration cycles and improved system stability across multi hub engineering environments “These results show how a governance first engineering approach strengthens delivery predictability, improves release reliability, and gives leaders actionable visibility into global engineering operations,” said Unni Nambiar, CTO at Aeries Technology. “The pilot programs validate the impact of disciplined engineering practices and AI enabled insights, which gives us confidence as EMF begins phased adoption across all GCC engagements.” Clients increasingly prioritize transparency, predictability, and scalable governance in their global engineering models. These needs are shaping the future of the GCC market, which industry sources estimate will exceed $100 billion by 2030. EMF positions Aeries to meet this demand with a proven operating model that strengthens long term client value and supports sustainable growth. About Aeries Technology Aeries Technology (NASDAQ: AERT) is a global leader in AI-enabled value creation, business transformation, and Global Capability Center (GCC) delivery for private-equity (PE) portfolio companies, supporting scalable, technology-driven execution. Founded in 2012, it...

Leadership Highlights Disciplined Growth Momentum Following Two Consecutive Profitable Quarters. NEW YORK, Nov. 12, 2025 (GLOBE NEWSWIRE) -- Aeries Technology, Inc. (NASDAQ: AERT) (“Aeries” or the “Company”), a global leader in AI-powered business transformation and Global Capability Center (GCC) services, today announced that it held its Second Quarter Fiscal Year 2026 Earnings Call earlier in the week. Chief Executive Officer Ajay Khare and Chief Financial and Investment Officer Daniel Webb reviewed quarterly performance, operational progress, and the Company’s Fiscal Year 2026 outlook during the call. Q2 FY2026 (quarter ended September 2025) Earnings Call Highlights Two consecutive profitable quarters and positive operating cash flow for the first half of FY2026 — the strongest start in Company history. Revenue of $17.36 million in Q2 FY2026, up 3% year-over-year. Net income of $0.64 million and Adjusted EBITDA of $2.55 million with 14.7% EBITDA margin. Operating cash flow of $2.39 million for the first half of FY2026. Management reaffirmed FY2026 Adjusted EBITDA guidance of $6 million to $8 million. Leadership underscored operating from a position of strength via operational excellence, focused execution and AI-led delivery. Strategic and Operational Progress During the call, management outlined continued momentum across its AI-led GCC and automation initiatives: Turnaround complete; entering disciplined growth with AI platforms and a dual-shore India–Mexico model. Planned 500+ delivery hires over 12 months to support client demand. Expanded PE-ecosystem engagements; new portfolio clients in tech, healthcare, and software. New AI partnership expanding automation footprint and capabilities. Sponsor flywheel: successful engagements open new opportunities within PE networks. FY2027 impact: Current contracts are in early ramp, with full contribution expected as they mature over 4–6 months. Executive Commentary “Q2 marks the completion of our turnaround and the beginning of our next phase,” said Ajay Khare, Chief Executive Officer. “Profitability, expanding PE sponsor relationships, and the compounding effect of our AI and GCC models position us to pursue scale with continued financial discipline. As we grow, we are investing in systems, tools, and leadership talent to drive speed, consistency, and delivery excellence for better client outcomes and sustained...

Back-to-back deals accelerate growth and reinforce Aeries’ AI-enabled GCC model NEW YORK, Sept. 29, 2025 (GLOBE NEWSWIRE) -- Aeries Technology, Inc. (NASDAQ: AERT), a global leader in AI-powered business transformation and Global Capability Center (GCC) services, said that two recently secured enterprise engagements are expected to drive a combined annualized revenue run-rate above $20 million by March 2026, based on current scope, with further growth anticipated. $8M+ AI deal (Sept. 18): A multi-year partnership with a global marketing and technology company to establish its India footprint and scale AI delivery. The engagement will build production-grade AI systems, intelligent data pipelines, and decisioning tools. $12M+ expansion (Sept. 24): A broadened engagement with a global enterprise client, expected to exceed $12 million annualized run-rate by fiscal year-end as scope expands across AI, technology, finance, and customer support, supported by Aeries’ hubs in India and Mexico. “These back-to-back deals highlight the scalability of our model and the trust we are building with global enterprises,” said Ajay Khare, CEO of Aeries Technology. “We are converting pilots into multi-function, multi-year partnerships and positioning Aeries for sustained, recurring growth.” Earlier this month, Aeries outlined plans to hire 500+ employees across India and Mexico to meet rising client demand. Right Place, Right Time, Right Product Global demand for digital transformation continues to surge, with worldwide spending forecast to approach $4 trillion by 2027 (IDC). Aeries’ AI-enabled GCC model is built for this moment, providing clients the global resources necessary to innovate and transform, and deliver measurable cost savings for sustainable long-term value. About Aeries Technology Aeries Technology (NASDAQ: AERT) is a global leader in AI‑enabled value creation, business transformation, and Global Capability Center (GCC) delivery for private‑equity (PE) portfolio companies, supporting scalable, technology‑driven execution. Founded in 2012, its commitment to workforce development has earned it the Great Place to Work Certification for two consecutive years. Media Contact [email protected] Forward-Looking Statements This press release contains forward-looking statements, including statements regarding product launches, leadership strategy, business expansion p...

Media Contacts: Aeries Technology: [email protected] New to The Street: Monica Brennan, [email protected] SOURCE: New To The Street View the original press release on ACCESS Newswire

Expanded, multi-function engagement validates the September 4 expansion plan and strengthens recurring growth NEW YORK, Sept. 24, 2025 (GLOBE NEWSWIRE) -- Aeries Technology, Inc. (NASDAQ: AERT), a global leader in AI-powered business transformation and Global Capability Center (GCC) services, today announced the expansion of an engagement with a recently signed global enterprise client. The expanded scope is expected to drive the client relationship to an annualized revenue run-rate exceeding $12 million by Aeries’ fiscal year-end, i.e. end of March 2026, with additional growth anticipated in subsequent quarters. The client is broadening its utilization of Aeries’ delivery platform across multiple functions—including artificial intelligence, technology services, finance, and customer support—leveraging Aeries’ delivery hubs in India and Mexico. “This expansion demonstrates the scalability of our model and reflects the trust global enterprises have in us,” said Ajay Khare, Chief Executive Officer of Aeries Technology. “We are successfully converting initial engagements into recurring revenue streams. Importantly, this deal reinforces confidence in our multi-year growth trajectory.” The agreement also builds on Aeries’ previously announced plans to expand its delivery capacity by adding 500 full-time employees across India and Mexico to strengthen the Company’s ability to meet growing demand. Key Highlights: Expanded major client relationship expected to reach $12M+ annualized run-rate by FY-end 2025. Growth visibility into FY26 as client broadens scope across AI, technology, finance, and customer service. Expansion supports Aeries’ strategic growth of 500 FTEs across India and Mexico hubs. Reinforces Aeries’ position as a scalable global partner for private equity-backed and enterprise clients. About Aeries Technology Aeries Technology (NASDAQ: AERT) is a global leader in AI‑enabled value creation, business transformation, and Global Capability Center (GCC) delivery for private‑equity (PE) portfolio companies, supporting scalable, technology‑driven execution. Founded in 2012, its commitment to workforce development has earned it the Great Place to Work Certification for two consecutive years. Media Contact [email protected] Forward‑Looking Statements This press release contains forward-looking statements, including statements regarding product launches,...

Operational Discipline, Focus on Core Offerings, and AI-Enabled GCC Delivery Help to Drive Sustainable, Profitable Growth NEW YORK, Aug. 14, 2025 (GLOBE NEWSWIRE) -- Aeries Technology, Inc. (“Aeries” or “the Company”) (Nasdaq: AERT), a global leader in AI-powered business transformation and Global Capability Center (GCC) services, today announced financial results for the first quarter ended June 30, 2025 — the strongest first quarter in Company history, delivering positive operating cash flow and a $17.0 million year-over-year improvement in net income. For the quarter ended June 30, 2025, Aeries reported: Revenue: $15.3 million, driven entirely by strong demand for our core AI-powered GCC services. SG&A Expenses: Reduced by more than 85% year-over-year, helping to create a leaner, scalable cost base. Operating Profit: $0.8 million, up $17.2 million year-over-year. EBITDA: $2.3 million; Adjusted EBITDA of $1.0 million Net Income: $1.7 million, compared to a $15.3 million net loss in Q1 FY2025 – a $17.0 million improvement. Cash Flow from Operations: $1.4 million, reversing negative cash flow, as compared to the first quarter of FY2025. “Cash flow positivity and delivering our strongest start to a fiscal year is a major milestone for Aeries,” said Ajay Khare, Chief Executive Officer. “These results are the outcome of a deliberate transformation — we streamlined operations, strengthened cost controls, and focused on the core offerings. This discipline has helped to drive profitability and reinforced our ability to deliver measurable results for clients.” Aeries’ AI-first GCC model enables clients to achieve speed, scale, and efficiency beyond what traditional approaches can deliver. The Company has deployed AI solutions designed to cut process times by more than half, improve productivity, and deliver measurable ROI in weeks. This competitive advantage continues to attract and retain Private Equity-backed companies seeking transformation partners with proven execution capabilities. “Our deep integration with PE operating teams allows us to more quickly scale across portfolios, embed automation into mission-critical functions, and create sustainable enterprise value,” Ajay added. “We now have the combination of a higher-cash-flow operating model, and a differentiated market position built on AI leadership and trusted PE relationships — better positioning Aerie...

Core Adjusted EBITDA exceeds guidance; Company re-affirms FY 2026 outlook as AI-Centric Global Capability Center strategy accelerates NEW YORK, July 03, 2025 (GLOBE NEWSWIRE) -- Aeries Technology, Inc. (“Aeries” or the “Company”), a leading partner to private-equity-backed enterprises building and scaling Global Capability Centers (“GCCs”), today announced that it held its Annual Fiscal Year 2025 Earnings and Business Update Conference Call earlier today. Chief Executive Officer Ajay Khare and Chief Financial and Investment Officer Daniel Webb reviewed full-year results, strategic progress, and the outlook for Fiscal Year 2026 during the call. FY 2025 Earnings Call Highlights Revenue of $70.2 million. North-America revenue up 15% year-over-year to $65.5 million, now representing 93.3% of the total mix. Core Adjusted EBITDA of $7.4 million, exceeding the Company’s prior $6–7 million guidance range. Adjusted EBITDA of $(4.7) million and Operating Loss of $(28.8) million and net loss of $(21.6) million Loss was primarily due to one-time line items in 2025 that are not expected to continue in 2026 $12.0 million loss from non-core business. $12.7 million stock based compensation expense was primarily due to a one-time issuance from the deSPAC. $7.0 million Business Combination and M&A transaction related costs due to deSPAC and M&A costs. Severance pay $0.7 million, related primarily to changes in our management. Our operational streamlining is complete and we don’t expect significant severance costs in the future Year-end liquidity of $2.8 million in cash and $1.1 million of long-term debt. Strategic & Operational Progress Sharpened focus on core GCC franchise serving PE-backed companies in North America, with legacy Middle-East operations fully wound down. Launch of an AI-Centric GCC Framework integrating intelligent automation and generative-AI agents; already scaled a 300-plus-member GCC for a flagship healthcare client. Signed engagements with a global cybersecurity provider and a sustainability-focused SaaS leader to establish multi-country GCCs in India and Mexico. Strengthened go-to-market team with the appointment of a Chief Growth and Strategy Officer to deepen private-equity relationships. Fiscal 2026 Outlook Re-affirmed Revenue: $74 million – $80 million Adjusted EBITDA: $6 million – $8 million Executive Commentary “FY2025 was a pivotal year for Aerie...