en.Wedoany.com Reported - India's regional internet service provider Excitel achieved a net profit of INR 40 million in fiscal year 2026, reversing a loss of INR 74 million in the previous fiscal year. The company's turnaround was primarily driven by operational optimization, including exiting regional markets where it could not achieve scale.

Excitel CEO Varun Pasricha told ET Telecom that over the past two years, the company has been focused on optimizing operations and prioritizing sustainability to achieve profitable business growth, fundamentally exiting regions where it could not scale. The ISP now concentrates its business on core growth markets such as Delhi, Hyderabad, Bangalore, Jaipur, Lucknow, and Kanpur.
In terms of subscriber scale, the company's user base did not grow in fiscal year 2026, but its target for the next fiscal year is to increase the number of users by over 20% from the current 1 million to approximately 1.2 million. Excitel plans to boost company revenue by increasing subscriber numbers.
To improve customer experience, Excitel will procure more high-quality network equipment in the future, planning to deploy Wi-Fi 6 routers and mesh network devices. The company is currently one of the largest ISPs in India, also offering IPTV bundled broadband plans.
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