Financial Results Summary
Consolidated Financial Results (Q2 FY27 ended September 30, 2026):
- Net Sales/Income from Operations: ₹25,291.91 lakhs
- Total Income: ₹25,325.72 lakhs (including Other Income of ₹33.81 lakhs)
- Profit Before Tax: ₹2,214.25 lakhs
- Profit After Tax: ₹1,541.84 lakhs
- Basic EPS: ₹0.35
- Diluted EPS: ₹0.35
Consolidated Financial Results (H1 FY27 ended September 30, 2026):
- Net Sales/Income from Operations: ₹59,331.19 lakhs
- Total Income: ₹59,336.36 lakhs (including Other Income of ₹5.17 lakhs)
- Profit Before Tax: ₹4,017.04 lakhs
- Profit After Tax: ₹2,798.59 lakhs
- Basic EPS: ₹0.33
- Diluted EPS: ₹0.33
Standalone Financial Results (Q2 FY27 ended September 30, 2026):
- Net Sales/Income from Operations: ₹16,766.40 lakhs
- Total Income: ₹16,799.93 lakhs
- Profit Before Tax: ₹1,870.25 lakhs
- Profit After Tax: ₹1,364.71 lakhs
- Basic EPS: ₹0.32
- Diluted EPS: ₹0.32
Standalone Financial Results (H1 FY27 ended September 30, 2026):
- Net Sales/Income from Operations: ₹32,204.31 lakhs
- Total Income: ₹32,238.46 lakhs
- Profit Before Tax: ₹3,677.42 lakhs
- Profit After Tax: ₹2,693.77 lakhs
- Basic EPS: ₹0.62
- Diluted EPS: ₹0.62
Management Changes
Resignations:
1. Mr. Vinod Babu Bollikonda (DIN: 02015043) resigned as Managing Director effective close of business on November 14, 2026. He will continue as Non-Executive Director. Reason: Relocating to United States to lead Company's North American business development, which requires full-time presence there.
2. Mr. Rama Rao Telli resigned as Chief Financial Officer effective November 14, 2026 due to elevation as Director (Finance), a senior management designation (not a Board position).
Appointments:
1. Mr. Bhaskar Venkata Vijaya Reddy Nallamilli (DIN: 10876993) appointed as Managing Director effective November 14, 2026, subject to shareholder approval. Profile: Technology executive with 25+ years experience in enterprise software, financial services and healthcare. Bachelor of Technology in Instrumentation Engineering from Acharya Nagarjuna University (1995-1999).
2. Mr. Chirravuri Subrahmanya Leeladhar appointed as Chief Financial Officer effective November 14, 2026. Profile: Chartered Accountant and Cost and Works Accountant with over 30 years experience in finance, accounts and taxation across IT services, healthcare technology, EPC and power infrastructure, manufacturing, and shipping/logistics.
Key Financial Metrics and Notes
Depreciation and Amortization:
- Consolidated Q2 FY27: ₹4,248.72 lakhs (vs ₹140.95 lakhs in Q2 FY26)
- Consolidated H1 FY27: ₹7,367.17 lakhs (vs ₹275.74 lakhs in H1 FY26)
- Increase primarily due to:
- Software licenses of ₹40,015.30 lakhs acquired during FY25-26
- Acquisition of Global Impx Inc. on June 17, 2026, contributing ₹1,101.41 lakhs amortization for H1 FY27
Foreign Exchange Rates:
- As of April 2, 2026: ₹93.21/$
- As of September 30, 2026: ₹95.98/$
- Average rate for April 2 - September 30, 2026: ₹94.60/$
Subsidiaries and Associates:
- IT Corpz INC (wholly owned foreign subsidiary, including Computing Concepts Inc.)
- AIS Anywhere (wholly owned foreign subsidiary, acquired December 31, 2025)
- Bluebio Sciences SPV Limited (25% equity stake associate, acquired March 27, 2026)
- Global Impx Inc (wholly owned foreign subsidiary, acquired June 17, 2026)
- Blue Cloud Softech Solutions Pte. Ltd (wholly owned foreign subsidiary incorporated October 1, 2024, no operations as of September 30, 2026)
Auditor Review:
- JMT & Associates issued unmodified review reports for both standalone and consolidated financial results
- US subsidiaries and branch results reviewed by other auditors