Board Meeting Details

The Board of Directors meeting was held on October 29, 2026, from 3:00 p.m. to 4:00 p.m., where the financial results were approved.

Consolidated Financial Results (₹ in millions, except per share data)

Quarterly Performance (Q2 FY27 vs Q2 FY26)

  • Revenue from operations: ₹28,306.37 (vs ₹23,146.95 in Q2 FY26) - 22.2% increase
  • Total income: ₹28,238.05 (vs ₹23,109.26 in Q2 FY26)
  • Employee benefits expense: ₹15,785.69 (vs ₹13,617.67 in Q2 FY26)
  • Depreciation and amortization: ₹1,184.05 (vs ₹1,095.56 in Q2 FY26)
  • Finance costs: ₹509.93 (vs ₹427.60 in Q2 FY26)
  • Profit before tax: ₹2,993.50 (vs ₹2,243.34 in Q2 FY26) - 33.4% increase
  • Tax expense: ₹669.10 (₹631.18 current tax + ₹37.92 deferred tax)
  • Profit after tax: ₹2,324.40 (vs ₹1,795.13 in Q2 FY26) - 29.5% increase
  • Profit attributable to owners: ₹2,328.23
  • Basic EPS: ₹3.37 (vs ₹2.60 in Q2 FY26)
  • Diluted EPS: ₹3.31 (vs ₹2.54 in Q2 FY26)

Half-Yearly Performance (H1 FY27 vs H1 FY26)

  • Revenue from operations: ₹55,823.88 (vs ₹45,356.29 in H1 FY26) - 23.1% increase
  • Total income: ₹55,547.91 (vs ₹45,354.04 in H1 FY26)
  • Profit before tax: ₹5,186.91 (vs ₹4,375.63 in H1 FY26) - 18.5% increase
  • Profit after tax: ₹3,983.57 (vs ₹3,488.38 in H1 FY26) - 14.2% increase
  • Profit attributable to owners: ₹3,987.41
  • Basic EPS: ₹5.77 (vs ₹5.05 in H1 FY26)
  • Diluted EPS: ₹5.66 (vs ₹4.95 in H1 FY26)

Exceptional Items

  • Q1 FY27: ₹716.86 million expense
  • H1 FY27: ₹716.86 million expense
  • Full Year FY26: ₹982.34 million expense

Consolidated Balance Sheet (as of September 30, 2026)

  • Total assets: ₹97,488.76 million
  • Equity share capital: ₹6,969.91 million
  • Other equity: ₹41,805.29 million
  • Total equity: ₹48,775.20 million
  • Non-current liabilities: ₹12,119.70 million
  • Current liabilities: ₹36,593.86 million

Standalone Financial Results (₹ in millions, except per share data)

Quarterly Performance (Q2 FY27)

  • Total income: ₹9,291.84
  • Profit before tax: ₹2,626.91
  • Profit after tax: ₹1,994.14
  • Basic EPS: ₹2.88
  • Diluted EPS: ₹2.83

Half-Yearly Performance (H1 FY27)

  • Total income: ₹18,232.31
  • Profit before tax: ₹5,292.42
  • Profit after tax: ₹4,062.05
  • Basic EPS: ₹5.88
  • Diluted EPS: ₹5.77

Segment Reporting (Consolidated)

Q2 FY27 Revenue by Segment

  • Banking and Financial Services: ₹10,047.02 million
  • Healthcare: ₹8,952.50 million
  • Communication, Media and Technology: ₹5,818.62 million
  • Diverse Industries: ₹3,488.23 million

Q2 FY27 Segment Results Before Tax and Finance Costs

  • Banking and Financial Services: ₹1,947.63 million
  • Healthcare: ₹1,324.52 million
  • Communication, Media and Technology: ₹1,419.49 million
  • Diverse Industries: ₹147.07 million

Subsidiaries and Associate Included in Consolidation

The consolidated results include 37 entities: 1 parent company, 36 subsidiaries, and 1 associate (Nanobi Data and Analytics Private Limited).

Business Highlights and Guidance

Financial Highlights from Press Release

  • Q2 FY27 revenues: ₹28,256 million (US$296 million), up 22.2% YoY
  • Q2 FY27 EBIT: ₹3,521 million (12.5% of revenues), up 32.1% YoY
  • Q2 FY27 PAT: ₹2,328 million (8.2% of revenue), up 29.7% YoY
  • H1 FY27 revenues: ₹55,505 million (US$584 million), up 22.5% YoY
  • H1 FY27 EBIT: ₹6,888 million (12.4% of revenues), up 33.4% YoY
  • H1 FY27 adjusted PAT: ₹4,551 million; reported PAT: ₹3,987 million

Business Development

  • Signed 4 large deals in Q2 FY27 (7th consecutive quarter with 4+ large deals)
  • 2 deals from new logos
  • Added 17 new logos in Q2 (including 6 strategic accounts)
  • Headcount: 39,937 at quarter-end (net increase of 3,062 during quarter)
  • Voluntary attrition rate: 28.4% (for employees with >180 days employment)

FY27 Outlook

  • Constant currency revenue growth guidance raised to 10.5%-13% (from previous range)
  • EBIT margin expected in 12.25%-12.75% band