Newly listed Fractal expects strong growth on increased AI adoption
Enterprise AI firm Fractal Analytics expects robust growth as enterprises increasingly adopt AI to reimagine workflows, with improving model capabilities opening up new use cases that were previously not viable, chief executive Srikanth Velamakanni said after the company reported its latest quarterly results.
The newly listed firm crossed ₹100 crore in net profit for the first time in the December quarter, on the back of year-on-year 21% revenue growth to ₹854.4 crore.
