Consolidated Financial Performance (INR million)
Quarter Ended September 30, 2026:
- Income from operations: ₹2,069.89
- Other income, net: ₹23.16
- Total Income: ₹2,093.05
- Total Expenses: ₹1,703.22
- Profit before tax: ₹389.83
- Tax expenses: ₹55.80
- Profit after tax: ₹334.78
- Other comprehensive income: ₹68.55
- Total comprehensive income: ₹403.33
- EPS Basic: ₹3.99; Diluted: ₹3.96
Half Year Ended September 30, 2026:
- Income from operations: ₹3,977.04
- Other income, net: ₹40.59
- Total Income: ₹4,017.63
- Total Expenses: ₹3,246.07
- Profit before tax: ₹771.56
- Tax expenses: ₹117.38
- Profit after tax: ₹654.75
- Other comprehensive income: ₹97.41
- Total comprehensive income: ₹752.16
- EPS Basic: ₹7.90; Diluted: ₹7.84
Standalone Financial Performance (INR million)
Quarter Ended September 30, 2026:
- Income from operations: ₹713.86
- Other income, net: ₹17.13
- Total Income: ₹730.99
- Total Expenses: ₹610.48
- Profit before tax: ₹120.51
- Tax expenses: ₹34.49
- Profit after tax: ₹86.02
- Other comprehensive income: ₹(1.33)
- Total comprehensive income: ₹84.69
- EPS Basic: ₹1.04; Diluted: ₹1.04
Half Year Ended September 30, 2026:
- Income from operations: ₹1,374.99
- Other income, net: ₹29.69
- Total Income: ₹1,404.68
- Total Expenses: ₹1,118.21
- Profit before tax: ₹286.47
- Tax expenses: ₹76.26
- Profit after tax: ₹210.21
- Other comprehensive income: ₹(0.78)
- Total comprehensive income: ₹209.43
- EPS Basic: ₹2.54; Diluted: ₹2.54
Balance Sheet Position (Consolidated, INR million)
As at September 30, 2026:
- Total Assets: ₹12,678.42
- Total Equity: ₹9,801.87
- Total Liabilities: ₹2,876.55
- Cash and cash equivalents: ₹818.45
As at March 31, 2026 (Audited):
- Total Assets: ₹12,134.33
- Total Equity: ₹9,125.90
- Total Liabilities: ₹3,008.43
- Cash and cash equivalents: ₹582.33
Cash Flow Statement (Consolidated, INR million)
Half Year Ended September 30, 2026:
- Net cash from operating activities: ₹430.61
- Net cash used in investing activities: ₹(70.63)
- Net cash used in financing activities: ₹(211.01)
- Foreign exchange differences: ₹87.15
- Net increase in cash: ₹236.12
Segment Information (Consolidated, INR million)
Half Year Ended September 30, 2026:
- Enterprise Solutions (India): ₹621.06 revenue, ₹239.12 segment result
- Trust Services (India): ₹758.74 revenue, ₹398.96 segment result
- Enterprise Solutions (Outside India): ₹2,597.24 revenue, ₹518.76 segment result
- Trust Services (Outside India): ₹1,379.80 revenue, ₹638.09 segment result
- Total Revenue: ₹3,977.04
- Total Segment Result: ₹1,156.85
- Unallocated Corporate expenses: ₹362.84
- Operating Profit: ₹794.01
Subsidiaries and Associates
The consolidated financial results include 19 subsidiaries and 1 associate (European Trust Services GmbH). The auditor's report notes that financial information of 10 subsidiaries and 1 associate was not reviewed but was deemed immaterial to the Group.
Significant Event
On October 17, 2026, an independent researcher reported weak keys in eight intermediate CA certificates within one public ECC hierarchy created during April 2025 key generation ceremony. All eight intermediates were revoked on October 18, 2026. The Company decided to voluntarily withdraw from the Global SSL/TLS Certificate Business. Management is of the opinion that there is no material financial impact. KPMG has been appointed as independent external reviewer to examine the matter.