Summary of Key Information:

Reporting Period: Quarter and Half Year ended September 30, 2026

Nature of Filing / Announcement: Outcome of Board Meeting - Financial Results

Audit Opinion:

Clean, unmodified review opinion from Price Waterhouse Chartered Accountants LLP

Key Financial Highlights [Amounts in INR Million]:

Standalone Results:

Quarter Ended September 30, 2026:

  • Revenue from Operations: ₹3,788.65 (Q2 FY26: ₹3,556.91)
  • Total Income: ₹3,859.26 (Q2 FY26: ₹3,573.66)
  • Net Profit: ₹962.67 (Q2 FY26: ₹1,383.99)
  • EPS: ₹5.74 (Basic) and ₹5.63 (Diluted)

Half Year Ended September 30, 2026:

  • Revenue from Operations: ₹8,541.33 (H1 FY26: ₹6,751.60)
  • Total Income: ₹8,626.51 (H1 FY26: ₹6,789.84)
  • Net Profit: ₹2,588.13 (H1 FY26: ₹2,512.74)
  • EPS: ₹15.44 (Basic) and ₹15.13 (Diluted)

Consolidated Results:

Quarter Ended September 30, 2026:

  • Revenue from Operations: ₹15,924.78 (Q2 FY26: ₹7,810.91)
  • Total Income: ₹16,158.60 (Q2 FY26: ₹7,847.46)
  • Net Profit: ₹2,133.71 (Q2 FY26: ₹1,807.19)
  • EPS: ₹12.98 (Basic) and ₹12.72 (Diluted)

Half Year Ended September 30, 2026:

  • Revenue from Operations: ₹24,861.07 (H1 FY26: ₹15,211.86)
  • Total Income: ₹25,151.99 (H1 FY26: ₹15,279.54)
  • Net Profit: ₹4,071.12 (H1 FY26: ₹3,322.58)
  • EPS: ₹24.54 (Basic) and ₹24.04 (Diluted)

Segment-wise Performance:

The Group operates in one reportable business segment comprising a Care enablement platform providing technology-enabled solutions to Healthcare providers.

Corporate Actions:

  • ESOP Allotment: 60,071 shares allotted in Q2 FY27 (Q2 FY26: 183,140 shares)
  • ESOP Grants: 61,000 stock options granted in Q2 FY27

Other Significant Information:

Major Acquisitions:

1. TruBridge, Inc. Acquisition (Completed July 9, 2026):

  • Enterprise Value: USD 557.0 million (₹37,670.43 million)
  • Acquisition price: USD 26.25 per share
  • Financing: Debt facilities
  • Business: Electronic health record (EHR) and revenue cycle management (RCM) solutions to rural and community hospitals in US
  • Goodwill: ₹37,670.43 million (provisional)
  • Delisted from Nasdaq

2. IKS WWMG MSO LLC (Effective June 30, 2026):

  • Additional 6.29% equity stake acquired for ₹478.97 million
  • Total stake increased from 48.20% to 54.49%
  • Transitioned from associate to subsidiary
  • Goodwill: ₹914.64 million recognized
  • Non-Controlling Interest: 45.51%

3. ARAI Solutions Private Limited (Completed May 14, 2026):

  • 100% equity acquisition for ₹110.00 million cash consideration
  • Healthcare AI provider
  • Goodwill: ₹75.10 million (provisional)

Subsidiary Structure:

The consolidation includes 16 subsidiaries including Inventurus Knowledge Solutions Inc, IKS Cares Foundations, ARAI Solutions Private Limited, Aquity Holdings Inc, Aquity Solutions LLC, Aquity Solutions India Private Limited, Aquity Canada ULC, Aquity Solutions Australia Pty Ltd, IKS WWMG MSO LLC, Value Partners Collective ACO LLC, TruBridge Inc, Healthcare Resource Group Inc, iNetXperts Corp, Healthland Holding Inc, Healthland Inc, and TruBridge Healthcare Private Limited.

Financial Position (Consolidated as of September 30, 2026):

  • Total Assets: ₹109,938.94 million (March 31, 2026: ₹42,678.81 million)
  • Total Equity: ₹34,122.87 million (March 31, 2026: ₹28,002.37 million)
  • Cash and Cash Equivalents: ₹5,285.38 million (March 31, 2026: ₹3,887.16 million)
  • Borrowings: ₹58,103.24 million (Non-current: ₹57,523.39 million; Current: ₹579.85 million)

Cash Flow Highlights (H1 FY27 Consolidated):

  • Cash from Operating Activities: ₹2,225.30 million
  • Cash used in Investing Activities: ₹(50,822.56) million (primarily acquisitions)
  • Cash from Financing Activities: ₹52,039.75 million (primarily borrowings)