Key Financial Figures - Standalone

Quarterly Performance (Q2 FY27)

  • Revenue from operations: ₹44,941.71 million
  • Other income: ₹193.89 million
  • Total income: ₹45,135.60 million
  • Total expenses: ₹38,576.87 million
  • Profit before tax: ₹6,558.73 million
  • Tax expense: ₹1,729.79 million (Current tax: ₹1,738.13 million, Deferred tax credit: ₹(8.34) million)
  • Profit for the period: ₹4,828.94 million
  • Other comprehensive income: ₹294.26 million
  • Total comprehensive income: ₹5,123.20 million
  • Basic EPS: ₹30.80
  • Diluted EPS: ₹30.53

Half-Yearly Performance (H1 FY27)

  • Revenue from operations: ₹86,119.72 million
  • Other income: ₹693.35 million
  • Total income: ₹86,813.07 million
  • Total expenses: ₹74,795.63 million
  • Profit before tax: ₹12,017.44 million
  • Tax expense: ₹3,168.26 million (Current tax: ₹3,154.82 million, Deferred tax: ₹13.44 million)
  • Profit for the period: ₹8,849.18 million
  • Other comprehensive income: ₹1,207.27 million
  • Total comprehensive income: ₹10,056.45 million
  • Basic EPS: ₹56.51
  • Diluted EPS: ₹56.02

Comparative Figures (Q2 FY26)

  • Revenue from operations: ₹34,929.47 million (restated)
  • Profit for the period: ₹4,589.03 million (restated)
  • Basic EPS: ₹29.50 (restated)

Key Financial Figures - Consolidated

Quarterly Performance (Q2 FY27)

  • Revenue from operations: ₹46,639.04 million
  • Other income: ₹244.45 million
  • Total income: ₹46,883.49 million
  • Total expenses: ₹42,346.65 million
  • Profit before tax: ₹4,536.84 million
  • Tax expense: ₹1,021.70 million (Current tax: ₹1,774.57 million, Deferred tax credit: ₹(752.87) million)
  • Profit for the period: ₹3,515.14 million
  • Other comprehensive income: ₹571.75 million
  • Total comprehensive income: ₹4,086.89 million
  • Basic EPS: ₹22.42
  • Diluted EPS: ₹22.22

Half-Yearly Performance (H1 FY27)

  • Revenue from operations: ₹89,671.31 million
  • Other income: ₹950.81 million
  • Total income: ₹90,622.12 million
  • Total expenses: ₹79,854.27 million
  • Profit before tax: ₹10,767.85 million
  • Tax expense: ₹2,422.28 million (Current tax: ₹3,231.23 million, Deferred tax credit: ₹(808.95) million)
  • Profit for the period: ₹8,345.57 million
  • Other comprehensive income: ₹1,603.29 million
  • Total comprehensive income: ₹9,948.86 million
  • Basic EPS: ₹53.29
  • Diluted EPS: ₹52.83

Segment Information

Revenue by Segment (Q2 FY27)

  • Banking, Financial Services and Insurance: ₹15,714.77 million
  • Healthcare & Life Sciences: ₹10,980.41 million
  • Software, Hi-Tech and Emerging Industries: ₹19,943.86 million
  • Total: ₹46,639.04 million

Profit Before Tax by Segment (Q2 FY27)

  • Banking, Financial Services and Insurance: ₹5,489.15 million
  • Healthcare & Life Sciences: ₹3,855.39 million
  • Software, Hi-Tech and Emerging Industries: ₹6,382.52 million
  • Total: ₹15,727.06 million

Balance Sheet Position (Standalone as of September 30, 2026)

  • Total assets: ₹110,800.20 million
  • Total equity: ₹74,710.24 million
  • Equity share capital: ₹788.75 million
  • Other equity: ₹73,921.49 million
  • Total liabilities: ₹36,089.96 million
  • Cash and cash equivalents: ₹11,956.28 million

Corporate Actions and Developments

Nagarro SE Acquisition

  • Secured aggregate shareholding of approximately 94.04% of Nagarro SE (excluding treasury shares) as of October 6, 2026
  • Acquisition through Voluntary Public Takeover Offer:
  • 22.10% stake secured through Share Purchase Agreement with Lantano Beteiligungen GmbH on June 26, 2026
  • 61.15% stake (7,568,145 shares) secured during acceptance period (August 6 - September 17, 2026)
  • 10.79% stake (1,335,114 shares) secured during additional acceptance period (September 23 - October 6, 2026)
  • Acquisition price: EUR 81 per share
  • Corporate guarantee of EUR 1,540 million issued to secure bridge financing facility of EUR 1,400 million from Barclays Bank PLC

Fundraising Approvals

  • Long-term debt financing approved up to USD 1,250 million through ECB, NCDs, or similar instruments
  • Equity fundraising approved up to USD 450 million through FCCB, preferential issue, QIP, or other permissible modes

Board and Shareholder Decisions

  • 36th AGM held on August 3, 2026 approved:
  • Reappointment of Ms. Avani Davda as Independent Director (second term from December 28, 2026 to December 27, 2031)
  • Reappointment of Mr. Arvind Goel as Independent Director (second term from June 7, 2027 to June 6, 2032)
  • Reappointment of Dr. Ambuj Goyal as Independent Director (second term from June 7, 2027 to October 31, 2031)
  • Reappointment of Mr. Dan'l Lewin as Independent Director (second term from June 10, 2027 to April 30, 2029)
  • Nagarro SE acquisition approval
  • EGM held on October 5, 2026 approved fundraising plans

Accounting Policy Changes and Restatements

  • Consolidated PSPL ESOP Management Trust in standalone financial statements from December 2025
  • Merger with Arrka Infosec Private Limited effective April 1, 2025, approved by NCLT Mumbai on April 21, 2026
  • Comparative figures for previous periods have been restated accordingly

Dividend Information

  • Interim dividend for FY26: ₹22.00 per share
  • Final dividend for FY26: ₹18.00 per share
  • Total dividend for FY26: ₹40.00 per share
  • No interim dividend declared for current period

Subsidiary Information

Consolidated results include 18 subsidiaries and 1 ESOP Trust. Key subsidiaries include:

  • Persistent Systems Inc. (USA)
  • Persistent Systems Pte Ltd. (Singapore)
  • Persistent Systems Ireland Operations Limited
  • MediaAgility Inc. and subsidiaries
  • Galaxy Germany Holding SE (acquired w.e.f. June 26, 2026)
  • Persistent Systems Estonia OÜ (acquired w.e.f. May 22, 2026)

Cash Flow Information (Standalone H1 FY27)

  • Net cash from operating activities: ₹6,617.07 million
  • Net cash from investing activities: ₹2,291.44 million
  • Net cash used in financing activities: ₹(4,146.13) million
  • Net increase in cash: ₹4,762.40 million