Summary of Key Information:

Reporting Period (Quarter/Year): Quarter and Half Year ended September 30, 2026 (Q2 FY27)

Nature of Filing / Announcement: Outcome of Board Meeting under Regulation 30 of SEBI LODR

Audit Opinion:

Clean/Unqualified limited review report issued by statutory auditors S S Kothari Mehta & Co LLP

No material misstatements identified in the financial results

Key Financial Highlights [All amounts in Indian Rupees in millions]:

Standalone Results:

Quarter ended September 30, 2026:

  • Revenue from Operations: ₹13,232.79 (vs ₹3,037.24 in Q2 FY26 - 335% YoY growth)
  • Other Income: ₹128.62
  • Total Income: ₹13,361.41
  • Cost of Materials Consumed: ₹16,680.41
  • Change in Inventories: (₹6,100.89)
  • Employee Benefits Expense: ₹327.50
  • Finance Costs: ₹238.00
  • Depreciation and Amortization: ₹37.12
  • Other Expenses: ₹352.78
  • Total Expenses: ₹11,534.92
  • Profit Before Tax: ₹1,826.49 (vs ₹420.26 in Q2 FY26)
  • Tax Expense: ₹459.93
  • Net Profit: ₹1,366.56 (vs ₹314.33 in Q2 FY26 - 335% YoY growth)
  • EPS (Basic & Diluted): ₹23.54 (face value ₹2 per share)

Half Year ended September 30, 2026:

  • Revenue from Operations: ₹21,429.65 (vs ₹6,049.36 in H1 FY26)
  • Other Income: ₹161.13
  • Total Income: ₹21,590.78
  • Net Profit: ₹2,219.79 (vs ₹619.12 in H1 FY26)
  • EPS (Basic & Diluted): ₹38.60

Consolidated Results:

Not Specified (only standalone results provided)

Financial Position as at September 30, 2026:

  • Paid-up Equity Share Capital: ₹118.89 million (face value ₹2 per share)
  • Other Equity: ₹20,922.52 million
  • Total Equity: ₹21,041.41 million
  • Cash and Cash Equivalents: ₹7,911.11 million
  • Bank Balances other than Cash: ₹92.52 million (includes Fixed deposits ₹3,500 million, Monitoring account ₹587.88 million, Escrow account ₹177 million)
  • Total Current Assets: ₹39,977.06 million
  • Total Assets: ₹40,667.66 million
  • Borrowings (Non-current): ₹8.33 million
  • Borrowings (Current): ₹3,204.77 million
  • Total Liabilities: ₹19,626.25 million

Segment-wise Performance:

The Company has only one business segment: "Computer servers" as per Ind-AS 108

Corporate Actions:

QIP Fundraising:

  • Successfully raised ₹12,000.00 million through Qualified Institutions Placement
  • 25,05,219 equity shares of face value ₹2 each allotted
  • Issue price: ₹4,790 per share (share premium of ₹4,788 per share)
  • Approved by Board on July 01, 2026 and shareholders via postal ballot on August 1, 2026
  • Finance Committee approved QIP on August 17, 2026 and allotment on August 20, 2026

Dividend:

Dividends paid during period: ₹170.82 million

Other Significant Information:

Cash Flow Highlights (Half Year ended September 30, 2026):

  • Cash generated from operations before working capital changes: ₹3,249.29 million
  • Net cash used from operating activities: (₹6,391.48) million
  • Net cash used in investing activities: (₹4,718.76) million
  • Net cash generated from financing activities: ₹10,788.30 million
  • Net increase in cash and cash equivalents: (₹321.94) million

Proceeds from Financing Activities:

  • Proceeds from issuing shares (net of issue expenses): ₹11,755.76 million
  • Proceeds from short term borrowings: ₹497.00 million
  • Principal payments against lease liabilities: (₹17.50) million
  • Interest paid: (₹334.95) million

Entities included/excluded in consolidation:

Not Specified

Exceptional items or one-time adjustments:

No exceptional items reported

Change in accounting policy:

Not Specified

Forward-looking guidance or management outlook:

Not Specified