Summary of Key Information:
Reporting Period: Quarter and half year ended September 30, 2026 (Q2 FY27, H1 FY27)
Nature of Filing / Announcement: Regulatory filing of unaudited financial results under SEBI Listing Regulations
Date of Board Meeting / Approval: November 05, 2026 (Meeting time: 10:10 AM to 4:00 PM IST)
Audit Opinion: Limited review report issued - unmodified opinion (no material misstatements found)
Auditor's Comment: No qualifications or modifications affecting earnings quality, internal controls, or going concern
Key Financial Highlights [₹ in Millions]:
Standalone Results:
Revenue from Operations: Q2 FY27: ₹8,478 (vs Q2 FY26: ₹6,900, +22.9% YoY); H1 FY27: ₹15,871 (vs H1 FY26: ₹13,302, +19.3% YoY)
Total Income: Q2 FY27: ₹8,786; H1 FY27: ₹16,620
Net Profit: Q2 FY27: ₹894 (vs Q2 FY26: ₹703, +27.2% YoY); H1 FY27: ₹1,687 (vs H1 FY26: ₹1,312, +28.6% YoY)
EPS: Basic Q2 FY27: ₹14.33; Diluted Q2 FY27: ₹14.14; Basic H1 FY27: ₹27.04; Diluted H1 FY27: ₹26.68
Other Equity: ₹18,259 million as of September 30, 2026 (vs ₹16,922 million as of March 31, 2026)
Cash and Cash Equivalents: ₹7,122 million as of September 30, 2026 (vs ₹6,490 million as of March 31, 2026)
Debt: Short-term borrowings ₹222 million; Long-term borrowings ₹269 million; Total debt ₹491 million
Consolidated Results:
Revenue from Operations: Q2 FY27: ₹10,002 (vs Q2 FY26: ₹8,345, +19.9% YoY); H1 FY27: ₹18,870 (vs H1 FY26: ₹15,685, +20.3% YoY)
Total Income: Q2 FY27: ₹10,313; H1 FY27: ₹19,701
Net Profit: Q2 FY27: ₹1,046 (vs Q2 FY26: ₹848, +23.3% YoY); H1 FY27: ₹1,947 (vs H1 FY26: ₹1,506, +29.3% YoY)
EPS: Basic Q2 FY27: ₹16.77; Diluted Q2 FY27: ₹16.54; Basic H1 FY27: ₹31.21; Diluted H1 FY27: ₹30.79
Other Equity: ₹23,178 million as of September 30, 2026 (vs ₹21,525 million as of March 31, 2026)
Cash and Cash Equivalents: ₹8,755 million as of September 30, 2026 (vs ₹7,851 million as of March 31, 2026)
Debt: Short-term borrowings ₹403 million; Long-term borrowings ₹1,418 million; Total debt ₹1,821 million
Segment-wise Performance [₹ in Millions]:
India Segment:
Revenue: Q2 FY27: ₹4,545; H1 FY27: ₹8,773
Segment Profit: Q2 FY27: ₹1,060; H1 FY27: ₹2,093
Rest of the World Segment:
Revenue: Q2 FY27: ₹5,444; H1 FY27: ₹10,104
Segment Profit: Q2 FY27: ₹1,719; H1 FY27: ₹2,832
Corporate Actions:
Dividend: Not specified in this announcement
Share split/bonus/buyback: Not specified
Capital raising: Not specified
Other Significant Information:
Order Book: ₹202 billion as of H1 FY27
Order Intake: ₹52 billion during H1 FY27
Net Cash Position: ₹11,442 million (excluding HAM projects)
Gross Cash Position: ₹12,182 million
Major project wins: Mega SWRO project in Kuwait, Mega desalination plant with RIL at Jamnagar, entry into UAE through Ajman, expansion in Europe with Donauinsel Water Works, municipal orders from BWSSB and DJB