Krutrim Shifts to AI Cloud Services on May 5, Posts First Profit as FY26 Revenue Hits $31.6M

According to Press Trust of India, Indian AI firm Krutrim repositioned itself as a domestic AI cloud services provider on May 5, pausing its chip design efforts and redirecting capital and talent to cloud infrastructure.

The company reported FY26 revenue of approximately 3 billion rupees (US$31.6 million), triple that of FY25, and posted its first annual net profit with a profit after tax margin exceeding 10%.

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