Consolidated Financial Results (INR million)

Quarter ended June 30, 2026 (Unaudited):

  • Income from operations: ₹1,907.15
  • Other income, net: ₹17.43
  • Total income: ₹1,924.58
  • Total expenses: ₹1,542.85
  • Profit before tax and exceptional items: ₹381.73
  • Tax expense: ₹61.58
  • Profit before share of associate: ₹320.15
  • Share of net loss of associate: ₹(0.18)
  • Profit for the period: ₹319.97
  • Other comprehensive income: ₹28.86
  • Total comprehensive income: ₹348.83
  • Net profit attributable to owners: ₹321.46
  • Net profit attributable to non-controlling interests: ₹(1.49)
  • Basic EPS: ₹3.91
  • Diluted EPS: ₹3.88

Comparative Performance:

  • Q1 FY27 vs Q1 FY26: Net profit increased 28% from ₹250.24 million to ₹319.97 million
  • Q1 FY27 vs Q4 FY26: Net profit increased 8% from ₹295.74 million to ₹319.97 million
  • Total income increased 28% YoY from ₹1,506.20 million to ₹1,924.58 million

Segment Performance (Consolidated)

Quarter ended June 30, 2026:

  • Enterprise Solutions India: Revenue ₹284.15 million, Segment Result ₹119.94 million
  • Enterprise Solutions Outside India: Revenue ₹368.36 million, Segment Result ₹207.03 million
  • Enterprise Trust Services: Revenue ₹1,254.64 million, Segment Result ₹257.15 million
  • Total Revenue: ₹1,907.15 million
  • Total Segment Result: ₹584.12 million
  • Unallocated corporate expenses: ₹190.43 million
  • Operating profit: ₹393.69 million

Standalone Financial Results (INR million)

Quarter ended June 30, 2026 (Unaudited):

  • Income: ₹661.13
  • Other income, net: ₹12.56
  • Total income: ₹673.69
  • Total expenses: ₹507.73
  • Profit before tax: ₹165.96
  • Tax expense: ₹41.77
  • Profit for the period: ₹124.19
  • Other comprehensive income: ₹0.55
  • Total comprehensive income: ₹124.74
  • Basic EPS: ₹1.50
  • Diluted EPS: ₹1.50

Subsidiaries and Associates Included

The consolidated financial results include 19 subsidiaries and 1 associate:

  • eMudhra Limited (Holding Company)
  • eMudhra (MU) Limited (Wholly Owned Subsidiary)
  • eMudhra Technologies Limited (Wholly Owned Subsidiary)
  • eMudhra Consumer Services Limited (Wholly Owned Subsidiary)
  • eMudhra Inc (Wholly Owned Subsidiary)
  • eMudhra PTE Limited (Wholly Owned Subsidiary)
  • eMudhra FZCO (Wholly Owned Subsidiary)
  • eMudhra BV (Wholly Owned Subsidiary)
  • PT eMudhra Technologies Indonesia (Subsidiary)
  • eMudhra Kenya Limited (Step down subsidiary)
  • IKON Tech Services LLC (Step down subsidiary)
  • TWO95 International Inc (Step down subsidiary)
  • Certinext Inc (Step down subsidiary)
  • Cryptas International GmbH (Step down subsidiary)
  • PrimeSign GmbH (Step down subsidiary)
  • Cryptas IT Security GmbH (Step down subsidiary)
  • Cryptas Deutschland GmbH (Step down subsidiary)
  • Cryptas Nordics AB (Step down subsidiary)
  • European Trust Services GmbH (Associate)
  • eMudhra Employee Stock Option Trust (ESOP Trust)

Auditor's Review

Suri & Co., Chartered Accountants (Firm Registration Number: 004283S) conducted limited review of both standalone and consolidated financial results. The auditors noted that they did not review the unaudited financial information of 12 subsidiaries and a trust representing total revenue of ₹309.08 million and total net loss of ₹(39.86) million for the quarter, which were certified by management and deemed not material to the Group.

The consolidated financial results include the Group's share of loss after tax of ₹(0.18) million for the quarter in respect of one associate (European Trust Services GmbH), whose interim financial information was not reviewed but certified by management and deemed not material to the Group.

Capital Structure

Paid-up equity share capital (face value of ₹5 each) stood at ₹410.56 million as of June 30, 2026.