Summary of Key Information:

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

Nature of Filing / Announcement: Outcome of Board Meeting comprising financial results, restructuring, and management appointment

Audit Opinion:

M/s. S.R. Batliboi & Associates, LLP issued a Limited Review Report with an unmodified opinion on the financial results.

Key Financial Highlights [₹ in crores]:

Consolidated Results:

| Metric | Q2 FY27 | Q2 FY26 | YoY Change | H1 FY27 | H1 FY26 | YoY Change |

| Revenue from Operations | 6,687.89 | 6,099.75 | +9.6% | 13,270.71 | 12,059.60 | +10.0% |

| Total Income | 6,704.30 | 6,082.51 | +10.2% | 13,300.06 | 12,059.46 | +10.3% |

| EBITDA | Not explicitly stated | Not explicitly stated | - | Not explicitly stated | Not explicitly stated | - |

| Net Profit | 335.61 | 183.21 | +83.2% | 465.33 | 373.35 | +24.6% |

| EPS (₹) | Not annualized | Not annualized | - | Not annualized | Not annualized | - |

Standalone Results:

| Metric | Q2 FY27 | Q2 FY26 | YoY Change | H1 FY27 | H1 FY26 | YoY Change |

| Revenue from Operations | 1,854.12 | 1,802.60 | +2.9% | 3,692.71 | 3,625.62 | +1.9% |

| Total Income | 1,927.53 | 1,869.90 | +3.1% | 3,842.12 | 3,817.64 | +0.6% |

| Net Profit | 125.86 | 210.94 | -40.3% | 230.31 | 347.23 | -33.7% |

| EPS (₹) | 4.42 | 7.40 | -40.3% | 8.08 | 12.18 | -33.7% |

Consolidated Business Segment Performance [₹ in crores]:

Segment Revenue Q2 FY27:

  • Voice Solutions: 370.04 (5.5% of total)
  • Data Services: 5,810.99 (86.9% of total)
  • Transformation Services: 190.11 (2.8% of total)
  • Real Estate: 51.84 (0.8% of total)
  • Campaign Registry: 277.76 (4.2% of total)

Segment Result Q2 FY27:

  • Voice Solutions: 18.13 (4.9% margin)
  • Data Services: 425.74 (7.3% margin)
  • Transformation Services: 47.89 (25.2% margin)
  • Real Estate: 27.15 (52.4% margin)
  • Campaign Registry: 162.03 (58.3% margin)

Corporate Actions:

  • No dividend declared in this announcement
  • No share split, bonus issue, or buyback announced

Other Significant Information:

Restructuring Approved:

  • Transfer of entire shareholding in Kaleyra, Inc. (100 shares of Common Stock) to Tata Communications (Netherlands) B.V. (TCNL)
  • Consideration: Subscription to 3,17,632 ordinary shares of TCNL at fair market value
  • Transaction value: USD 92.625 million for Kaleyra shares
  • Purpose: Simplify group structure without changing ultimate ownership

Consolidated Assets and Liabilities (as of September 30, 2026):

  • Total Assets: ₹29,010.66 crores
  • Total Equity: ₹3,599.15 crores
  • Total Liabilities: ₹25,411.51 crores
  • Borrowings: ₹11,854.54 crores (₹6,980.16 non-current + ₹4,874.38 current)
  • Cash and cash equivalents: ₹438.01 crores

Standalone Assets and Liabilities (as of September 30, 2026):

  • Total Assets: ₹19,442.57 crores
  • Total Equity: ₹10,306.04 crores
  • Total Liabilities: ₹9,136.53 crores
  • Borrowings: ₹3,541.76 crores (₹1,001.67 non-current + ₹2,540.09 current)
  • Cash and cash equivalents: ₹101.30 crores