Summary of Key Information:

Reporting Period (Quarter/Year): Quarter and Six Months ended June 30, 2026

Nature of Filing / Announcement: Outcome of Board Meeting and Unaudited Financial Results

Audit Opinion:

The financial results are unaudited and have been subjected to a limited review by the statutory auditors, B S R & Co. LLP. The limited review report states that nothing has come to their attention that causes them to believe that the accompanying Statement contains any material misstatement.

Auditor’s Comment:

The auditors noted that they did not review the interim financial results of twenty subsidiaries included in the consolidated statement. These subsidiaries had total assets of ₹22,875 million and total revenues of ₹9,906 million for the quarter ended June 30, 2026. Their conclusion on these subsidiaries is based solely on the reports of other auditors.

Key Financial Highlights [₹ millions]

Consolidated Results:

For the quarter ended June 30, 2026:

  • Revenue from Operations: 38,452 (17.9% YoY increase from 32,607 in Q2 CY25)
  • Total Income: 37,951
  • EBITDA: Not explicitly disclosed
  • Net Profit: 3,302 (13.0% YoY decrease from 3,797 in Q2 CY25)
  • EPS: 5.41 (Basic, not annualized)
  • Other Equity: 66,507
  • Cash and Cash Equivalents: 16,408
  • Debt: Finance costs of 328; Lease liabilities of 6,830 (current + non-current)

For the six months ended June 30, 2026:

  • Revenue from Operations: 74,582
  • Net Profit: 6,818
  • EPS: 11.18 (Basic, not annualized)

Comparisons:

Revenue showed material improvement YoY, but Net Profit showed material deterioration YoY.

Standalone Results:

For the quarter ended June 30, 2026:

  • Revenue from Operations: Not explicitly disclosed in standalone statement
  • Total Income: Not explicitly disclosed in standalone statement
  • Net Profit: 2,000
  • EPS: 3.28 (Basic, not annualized)
  • Other Equity: 31,025
  • Cash and Cash Equivalents: 6,721

For the six months ended June 30, 2026:

  • Net Profit: 4,138
  • EPS: 6.79 (Basic, not annualized)

Segment-wise Performance [₹ millions]:

For the quarter ended June 30, 2026:

  • Travel and Transportation (T&T): Revenue 2,784 | Segment Profit 1,213
  • Financial Services (FS): Revenue 11,029 | Segment Profit 3,429
  • Banking: Revenue 3,465 | Segment Profit 1,468
  • Healthcare & Insurance (H&I): Revenue 8,897 | Segment Profit 3,164
  • Technology, Products and Platforms (TPP): Revenue 816 | Segment Profit 317
  • Professional Services (PS): Revenue 5,313 | Segment Profit 2,084
  • Manufacturing and Consumer (M & C): Revenue 6,148 | Segment Profit 2,284

YoY Growth (Q2 CY26 vs Q2 CY25):

Healthcare & Insurance (18.9%) and Manufacturing and Consumer (17.9%) were the key growth drivers. Travel and Transportation revenue declined by 14.5%.

Corporate Actions:

  • Dividend: An interim dividend of ₹8.50 per equity share (face value ₹1) was declared on April 27, 2026, and paid on May 15, 2026.
  • Share Issuance: 449,976 equity shares were issued during H1 CY26 on exercise of employee stock options.

Other Significant Information:

Acquisitions & Mergers:

  • On May 28, 2026, Hexaware Technologies UK Limited completed the acquisition of 100% ownership in Consulting Professionals Services Holdings Limited and its subsidiary for an upfront payment of GBP 6 million and contingent consideration of up to GBP 5 million. Transaction costs of ₹47 million were incurred.
  • Several subsidiary mergers were completed in the US and Netherlands in early 2026.

Capex:

  • Purchase of PPE and intangible assets including capital work-in-progress was ₹784 million on a consolidated basis for H1 CY26.

Exceptional Items / One-time Adjustments:

  • A gain on remeasurement of contingent consideration of ₹264 million was recognized in H1 CY26.
  • For the year ended December 31, 2025, an exceptional item of ₹1,111 million (labeled "Impact of new Labour Codes") was recorded, comprising additional gratuity provision (₹818 million) and provision for compensated absences (₹293 million).

Legal Matters:

  • A patent infringement lawsuit claiming USD 500 million was largely dismissed by a US court. The company believes the complaint is without merit and does not expect a material financial impact.
  • A receivable of ₹782 million from a European customer was charged in Q2 CY25 as the customer entered insolvency proceedings.

Guidance/Outlook:

Management commentary in the press release stated: "We delivered strong growth in what remained a challenging quarter for the industry... This innovation forms the foundation for sustained growth in the AI world." and "We delivered industry-leading revenue growth coupled with margin expansion and solid cash conversion."