Board approves Q2/H1 FY27 results, declares Rs. 20 interim dividend; auditors' conclusion unmodified
Board approved unaudited consolidated and standalone results for the quarter and half year ended September 30, 2026.
By ScoutQuest · · 2 min read
| Line item | Latest | Year ago | YoY | Prev qtr | QoQ |
|---|---|---|---|---|---|
| Revenue from operations | 30,404 | 27,133 | +12.1% | 29,401 | +3.4% |
| Total income | 30,713 | 27,790 | +10.5% | 29,692 | +3.4% |
| Profit before tax | 5,135 | 4,324 | +18.8% | 4,760 | +7.9% |
| Profit after tax | 5,487 | 3,292 | +66.7% | 3,571 | +53.7% |
| Total comprehensive income | 5,455 | 2,268 | +141% | 4,641 | +17.5% |
| Basic EPS | 51.67 | 31.02 | +66.6% | 33.62 | +53.7% |
- PAT YoY growth
- +66.7%
- Period
- Sept 30, 2026 (Unaudited)
Also decided at the meeting
- Declared an Interim Dividend of Rs. 20/- per equity share of face value of Rs. 2/- each for FY 2026-27; Record Date fixed as Tuesday, October 27, 2026.
Auditor's review
Conclusion: Unmodified
Notes to the results
- Discontinued operations: SWC business unit (Tech segment) sold to AMI Paradigm Solutions Private Limited under BTA dated March 25, 2026; sale concluded September 1, 2026 with gain of ₹ 1,650 Million (net of tax).
- Results for year ended March 31, 2026 included exceptional items of ₹ 724 Million pertaining to restructuring costs and impact of New Labour Codes.
Headline outcome
The Board of Directors met on October 19, 2026 and approved the unaudited consolidated and standalone financial results for the quarter and half year ended September 30, 2026. The statutory auditors, MSKA & Associates LLP, carried out a limited review and issued reports with an unmodified conclusion on both sets of results. A limited review is narrower in scope than a full audit.
Dividend decision
- Interim dividend of Rs. 20/- per equity share of face value Rs. 2/- each for the financial year 2026-27.
- Record date fixed as Tuesday, October 27, 2026 to determine which members are eligible to receive it.
- Dividend income is taxable in shareholders' hands; the company will deduct tax at source at the prescribed rates, and members were asked to submit the requisite documents on or before October 27, 2026 so the correct rate can be applied.
- The board meeting commenced at 1:30 p.m. IST and concluded at 3:35 p.m. IST.
Quarter in numbers (consolidated, Rs. million)
- Revenue from operations: 30,404 for the quarter ended September 30, 2026, against 27,133 in the same quarter a year earlier.
- Total income: 30,713.
- Net profit for the year: 5,487, against 3,292 a year earlier. This includes profit from discontinued operations of 1,686.
- Basic earnings per share (continuing and discontinued operations): 51.67.
- Total expenses: 25,578; profit before tax from continuing operations: 5,135.
First half in numbers (consolidated, Rs. million)
- Revenue from operations: 59,805, against 53,509 in the same period a year earlier.
- Net profit for the year: 9,058, against 6,453.
- Net cash from operating activities: 5,588.
- Dividend paid during the period: 4,235.
Segment picture (quarter, consolidated, Rs. million)
- Revenue: Mobility 9,819, Sustainability 11,566, Tech 9,019.
- Segment results: Mobility 1,664, Sustainability 3,415, Tech 1,078.
Business transfer
- The sale of the Smart World and Communication (SWC) business unit to AMI Paradigm Solutions Private Limited under a Business Transfer Agreement was concluded on September 1, 2026.
- A gain of Rs. 1,650 million (net of tax) was recognised, with the related profit shown under discontinued operations.
- Proceeds from transfer of discontinued operations of 4,932 appear in investing cash flows.
Other points from the notes
- During the quarter and six months, 17,675 and 88,125 equity shares of Rs. 2 each, fully paid up, were allotted on exercise of employee stock options.
- Total assets stood at 103,707 as at September 30, 2026, against 104,889 as at March 31, 2026 (consolidated, Rs. million).
- The results were reviewed by the Audit Committee before board approval.
How to read this
The announcement carries two parts for a retail shareholder — a dividend with a fixed record date, and a results set whose headline revenue and profit lines are higher than the year-earlier period. The profit figure for the quarter and half year includes the one-time gain on the SWC business transfer, so the continuing-operations lines are the better guide to the ongoing business.
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More numbers
- Interim dividend per equity share, FY 2026-27Rs. 20/-
- Face value per equity shareRs. 2/-
- Consolidated Revenue from operations, quarter ended Sep 30, 202630,404 (₹ Million)
- Consolidated Net profit for the year, quarter ended Sep 30, 20265,487 (₹ Million)
- Consolidated Revenue from operations, six months ended Sep 30, 202659,805 (₹ Million)
- Gain on sale of SWC business unit, net of tax₹ 1,650 Million
- Equity shares allotted on exercise of stock options (six months)88,125
- Total income, latest quarter30,713 (₹ Million)
- Total income, year-ago quarter27,790 (₹ Million)
- Total income, previous quarter29,692 (₹ Million)
- Total comprehensive income, latest quarter5,455 (₹ Million)
- Total comprehensive income, year-ago quarter2,268 (₹ Million)
- Total comprehensive income, previous quarter4,641 (₹ Million)
- Profit after tax, latest quarter5,487 (₹ Million)
- Profit after tax, year-ago quarter3,292 (₹ Million)
- Profit after tax, previous quarter3,571 (₹ Million)
- Revenue from operations, latest quarter30,404 (₹ Million)
- Revenue from operations, year-ago quarter27,133 (₹ Million)
- Revenue from operations, previous quarter29,401 (₹ Million)
- Profit before tax, latest quarter5,135 (₹ Million)
- Profit before tax, year-ago quarter4,324 (₹ Million)
- Profit before tax, previous quarter4,760 (₹ Million)
- interim_dividend_per_shareRs. 20/-
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