Summary of Key Information:

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

Nature of Filing / Announcement: Unaudited Financial Results under SEBI Listing Regulations

Audit Opinion:

Clean Review Opinion - No material misstatements identified

Auditor’s Comment:

The review by Deloitte Haskins & Sells LLP concluded that nothing came to their attention causing them to believe the Statement contains any material misstatement. The review was conducted in accordance with SRE 2410 and is substantially less in scope than a full audit.

Key Financial Highlights [₹ in million]:

Standalone Results:

Quarter Ended September 30, 2026:

  • Revenue from Operations: ₹3,428.2 (QoQ: +4.7%, YoY: +13.1%)
  • Total Income: ₹3,973.8 (QoQ: -13.4%, YoY: +5.6%)
  • Net Profit: ₹1,078.1 (QoQ: -35.1%, YoY: -9.7%)
  • EPS: ₹12.68 (Basic and Diluted)

Half Year Ended September 30, 2026:

  • Revenue from Operations: ₹6,702.9 (YoY: +11.5%)
  • Total Income: ₹8,563.1 (YoY: +6.8%)
  • Net Profit: ₹2,740.3 (YoY: -1.8%)
  • EPS: ₹32.22 (Not annualized)

Balance Sheet Position as at September 30, 2026:

  • Other Equity: ₹52,913.3 million (vs. ₹50,214.4 million at March 31, 2026)
  • Cash and Cash Equivalents: ₹22.1 million (vs. ₹67.2 million at March 31, 2026)
  • Bank balance other than cash and cash equivalents: ₹6,980.1 million (vs. ₹2,020.1 million at March 31, 2026)
  • Investments: ₹54,137.3 million (vs. ₹56,435.3 million at March 31, 2026)
  • Total Debt: Not specified (Lease liabilities: ₹790.1 million current and non-current)

Expenses Analysis:

  • Employee benefits expense: ₹2,086.7 million (QoQ: +4.4%, YoY: +13.6%)
  • Finance cost: ₹17.3 million (QoQ: -2.8%, YoY: -18.0%)
  • Depreciation and amortisation: ₹89.1 million (QoQ: -15.1%, YoY: -20.7%)
  • Other expenses: ₹435.0 million (QoQ: +8.3%, YoY: +34.7%)

Tax Expense:

  • Total tax expense: ₹267.6 million (QoQ: -33.7%, YoY: -2.9%)
  • Current tax expense: ₹234.7 million
  • Deferred tax expense: ₹32.9 million

Segment-wise Performance:

The Company operates in a single reporting segment namely, 'Search and search related services' hence there is no reportable segment as per requirements of Indian Accounting Standards 108 on 'Operating Segments'.

Corporate Actions:

  • During the half year ended September 30, 2026, the Company issued and allotted 4,375 Equity shares upon conversion of Stock Options granted under the Company's Employees Stock Option Scheme
  • Paid-up Equity share capital increased to 85,049,032 Equity shares of ₹10/- each (₹850.5 million)
  • No dividend declarations, share splits, bonus issues, or buybacks announced

Other Significant Information:

  • Exceptional item: During FY26, recognized one-time past service cost of ₹210.8 million related to new labour codes on Social Security, 2020
  • Other Income includes fair value gain on financial instruments: ₹90.8 million for Q2 FY27
  • Other Income includes profit on sale of investments: ₹309.6 million for Q2 FY27
  • Cash flow from operating activities: ₹1,152.1 million for H1 FY27
  • No forward-looking guidance or management outlook provided