Key Financial Figures - Standalone (₹ million)

Quarter ended June 30, 2026:

  • Revenue from operations: ₹681.89 million
  • Other income: ₹21.60 million
  • Total income: ₹703.49 million
  • Employee benefits expense: ₹518.88 million
  • Profit before tax: ₹56.77 million
  • Tax expense: ₹14.68 million
  • Profit after tax: ₹42.09 million
  • Total comprehensive income: ₹43.76 million
  • Basic EPS: ₹0.36
  • Diluted EPS: ₹0.36

Comparative Figures:

  • Q1 FY26 (June 30, 2025): Profit after tax ₹180.55 million, Basic EPS ₹1.53
  • Q4 FY26 (March 31, 2026): Profit after tax ₹117.25 million, Basic EPS ₹0.99
  • Full Year FY26: Profit after tax ₹503.41 million, Basic EPS ₹4.27

Key Financial Figures - Consolidated (₹ million)

Quarter ended June 30, 2026:

  • Revenue from operations: ₹7,850.12 million
  • Other income: ₹30.85 million
  • Total income: ₹7,880.97 million
  • Employee benefits expense: ₹2,947.60 million
  • Profit before tax: ₹1,205.55 million
  • Tax expense: ₹256.45 million
  • Profit after tax: ₹949.10 million
  • Total comprehensive income: ₹1,066.94 million
  • Basic EPS: ₹8.03
  • Diluted EPS: ₹8.02

Comparative Figures:

  • Q1 FY26 (June 30, 2025): Profit after tax ₹469.32 million, Basic EPS ₹3.98
  • Q4 FY26 (March 31, 2026): Profit after tax ₹699.89 million, Basic EPS ₹5.93
  • Full Year FY26: Profit after tax ₹1,943.87 million, Basic EPS ₹16.47

Corporate Guarantee Approval

The Board approved issuance of corporate guarantee of up to USD 65.00 million (approximately ₹541 million) to banks and financial institutions (HSBC Bank, JP Morgan Bank, and CITI Bank) for loan facilities to be availed by wholly owned subsidiaries RateGain Technologies Limited, UK and Sojern, Inc.

The guarantee is issued on an arm's length basis in compliance with Companies Act, 2013 and SEBI Listing Regulations. Promoters/promoter group/group companies do not have any interest in this transaction.

The Company does not foresee any material impact as the guarantee secures facilities for subsidiaries whose financials are consolidated with the Company.

Acquisition Details

The Company completed acquisition of 100% equity shares of Sojern Inc. and its subsidiaries on November 06, 2025 for ₹22,220.83 million (USD 250.92 million).

Working capital adjustment finalized, resulting in reduction of purchase consideration and goodwill by ₹6.36 million (USD 0.07 million).

Purchase price allocation assigned:

  • Customer relationships: ₹3,827.18 million
  • Trademarks: ₹887.37 million
  • Software: ₹1,875.88 million
  • Other identified assets (net): ₹3,918.28 million
  • Deferred tax liability: ₹1,307.89 million
  • Goodwill: ₹13,020.01 million

Useful lives of acquired intangible assets: customer relationships (7 years), trademarks (7 years), software (6 years).

ESOP Exercises

During Q1 FY27, 493,689 Employee Stock Options were exercised under ESOS 2015, ESOS 2018, and ESARs 2022 schemes.

Against these exercises:

  • 260,133 equity shares (face value ₹1 each) issued on June 18, 2026
  • 37,453 equity shares (face value ₹1 each) issued on July 28, 2026 (post quarter-end)

Exceptional Items

FY26 exceptional items included:

  • Transaction costs for Sojern acquisition: ₹324.16 million (consolidated) / ₹25.92 million (standalone)
  • Increase in gratuity and leave encashment due to Labour Codes: ₹22.02 million

Subsidiary Update

Sojern Hong Kong Limited, a wholly-owned subsidiary of Sojern Inc., liquidated effective July 10, 2026 (post quarter-end).

Board Meeting Details

Meeting held on August 06, 2026 from 12:00 noon to 1:15 p.m.