Key Financial Figures - Consolidated
Income Statement:
- Revenue from operations: ₹4,539.57 million (vs. ₹3,773.86 million in Q1 FY26)
- Other income: ₹200.22 million (vs. ₹351.05 million in Q1 FY26)
- Total income: ₹4,739.79 million (vs. ₹4,124.91 million in Q1 FY26)
Expenditure:
- Employee benefits expense: ₹2,665.34 million
- Depreciation and amortization: ₹364.37 million
- Finance cost: ₹4.10 million
- Other expenses: ₹917.70 million
- Total expenses: ₹3,951.51 million
Profitability:
- Profit before exceptional items and tax: ₹788.28 million (vs. ₹746.43 million in Q1 FY26)
- Exceptional items: None for the quarter (₹303.36 million impact for FY26 due to Labour Codes)
- Share of loss of associates: ₹2.75 million
- Profit before tax: ₹788.28 million
- Total tax expense: ₹204.04 million (Current tax: ₹167.29 million, Deferred tax: ₹36.75 million)
- Profit after tax: ₹584.24 million (vs. ₹554.92 million in Q1 FY26)
- Profit attributable to owners: ₹584.24 million
Earnings Per Share (EPS):
- Basic EPS: ₹4.20
- Diluted EPS: ₹4.12
Key Financial Figures - Standalone
Income Statement:
- Revenue from operations: ₹8,451.69 million (vs. ₹7,016.89 million in Q1 FY26)
- Other income: ₹280.69 million (vs. ₹326.82 million in Q1 FY26)
- Total income: ₹8,732.38 million (vs. ₹7,343.71 million in Q1 FY26)
Expenditure:
- Employee benefits expense: ₹5,167.06 million
- Depreciation and amortization: ₹575.95 million
- Finance cost: ₹12.37 million
- Other expenses: ₹1,622.67 million
- Total expenses: ₹7,378.05 million
Profitability:
- Profit before exceptional items and tax: ₹1,354.33 million (vs. ₹1,264.95 million in Q1 FY26)
- Exceptional items: None for the quarter (₹308.42 million impact for FY26 due to Labour Codes)
- Share of loss of associates: ₹2.75 million
- Profit before tax: ₹1,351.58 million
- Total tax expense: ₹333.36 million (Current tax: ₹313.61 million, Deferred tax: ₹19.75 million)
- Profit after tax: ₹1,018.22 million (vs. ₹936.94 million in Q1 FY26)
- Profit attributable to owners: ₹1,020.72 million
- Non-controlling interest: ₹(2.50) million
Earnings Per Share (EPS):
- Basic EPS: ₹7.34
- Diluted EPS: ₹7.19
Comprehensive Income
Consolidated:
- Other comprehensive income: ₹101.99 million
- Total comprehensive income: ₹686.23 million
- Attributable to owners: ₹686.23 million
Standalone:
- Other comprehensive income: ₹17.75 million
- Total comprehensive income: ₹1,035.97 million
- Attributable to owners: ₹1,035.98 million
- Non-controlling interest: ₹(0.01) million
Capital Structure
- Paid-up equity share capital (₹5 each): ₹700.88 million
- Total outstanding Employee Stock Options as of June 30, 2026: 6,572,887
Significant Events and Notes
1. Employee Stock Options: During the quarter, the company allotted 498,557 equity shares to employees following the exercise of options under the Employee Stock Option Scheme.
2. Labour Codes Impact: The company disclosed an exceptional item of ₹303.36 million (consolidated) and ₹308.42 million (standalone) for FY26 due to the statutory impact of new Labour Codes notified by the Government of India on November 21, 2025. No impact was recorded for Q1 FY27.
3. Segment Reporting: The company operates as a single business segment - 'Software Product License & related services'.
4. Subsidiaries and Associates: The consolidated results include 27 subsidiaries, 2 associates, and 1 joint venture. The auditors did not review the interim financial results of 27 subsidiaries representing total revenues of ₹6,614.60 million and net profit of ₹435.43 million, nor 2 associates with a net loss of ₹2.75 million.
5. Regulatory Compliance: The financial results were prepared in accordance with Ind AS 34 and Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.