ESDS Software Solution544898Quarterly results

Board approves Sept 2026 results; auditors issue unmodified review report

Board approved unaudited standalone and consolidated results for the quarter and half year ended September 30, 2026.

By ScoutQuest · Mon 2 Nov 2026, 4:43 PM IST · 2 min read

Rs. 1,209.46 million+44.3%

2025Rs. 837.94 million2026Rs. 1,209.46 million

Revenue from operations, quarter ended Sep 30, (standalone: Rs. 837.94 million (2025) and Rs. 1,209.46 million (2026).

Revenue from operations (Q2 FY26): Rs. 1,209.46 million versus Rs. 837.94 million a year earlier
Profit for the period (Q2 FY26): Rs. 231.91 million versus Rs. 88.64 million
Half year revenue from operations: Rs. 2,371.12 million; Profit for the period Rs. 413.90 million

What the board approved

The board approved the unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026, at its meeting held on November 02, 2026. The Audit Committee reviewed and recommended them. All amounts in the statements are in Rupees million.

Standalone quarter (July–September 2026)

Revenue from operations: Rs. 1,209.46 million, against Rs. 837.94 million in the quarter ended September 30, 2025
Total income: Rs. 1,242.55 million, against Rs. 871.45 million
Profit before tax: Rs. 312.50 million, against Rs. 154.76 million
Profit for the period: Rs. 231.91 million, against Rs. 88.64 million
Earnings per share (basic): Rs. 2.11; diluted: Rs. 2.07

Standalone half year (April–September 2026)

Revenue from operations: Rs. 2,371.12 million, against Rs. 1,755.63 million
Profit for the period: Rs. 413.90 million, against Rs. 222.28 million
Earnings per share (basic): Rs. 3.76; diluted: Rs. 3.64

Auditor's review

MSKC & Associates LLP reviewed the standalone and consolidated statements and said nothing had come to their attention that caused them to believe the statements had not disclosed the required information or contained a material misstatement. A review is narrower in scope than an audit and is not an audit opinion.

Balance sheet snapshot (September 30, 2026, unaudited, standalone)

Total assets: Rs. 14,829.08 million, against Rs. 7,130.93 million as at March 31, 2026
Total equity: Rs. 12,508.09 million, against Rs. 5,200.00 million
Cash and cash equivalents: Rs. 3,514.03 million, against Rs. 38.69 million
Non-current borrowings: Rs. 310.65 million; current borrowings: Rs. 157.58 million

Share issue and listing

Fresh issue of 16,783,216 equity shares at Rs. 429 per equity share, aggregating to Rs. 7,199.92 million
The issue price included securities premium of Rs. 428 per equity share
The equity shares were listed and admitted to dealings on the Main Board of NSE Limited with effect from September 04, 2026
Cash flow for the half year shows proceeds from fresh issue of equity shares of Rs. 7,199.92 million and transaction cost on issue of Rs. 462.65 million

Consolidated scope

The consolidated statement covers the holding company and three subsidiaries: Spochub Solutions Private Limited, ESDS Cloud FZ LLC and ESDS Global Software Solutions Inc. One subsidiary's interim financial statements, reflecting total assets of Rs. 2.44 million, were not subjected to review; the auditors said their conclusion was not modified on that account.

What a reader should note

The quarter and half year figures are unaudited and have been subject to a limited review, not a full audit. The comparison quarter ended September 30, 2025 was approved by the board but was not subjected to review.

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