Board approves audited results for quarter and half year ended September 30, 2026; unmodified auditor opinion
Auditors gave an unmodified opinion on the audited 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 | 44,941.71 | 34,929.47 | +28.7% | 41,178.01 | +9.1% |
| Total income | 45,135.60 | 35,330.74 | +27.8% | 41,677.47 | +8.3% |
| Profit before tax | 6,558.73 | 6,202.18 | +5.7% | 5,458.71 | +20.2% |
| Profit after tax | 4,828.94 | 4,589.03 | +5.2% | 4,020.24 | +20.1% |
| Total comprehensive income | 5,123.20 | 3,909.11 | +31.1% | 4,933.25 | +3.9% |
| Basic EPS | 30.80 | 29.50 | +4.4% | 25.70 | +19.8% |
- Total Income YoY Growth
- +27.8%
- Period
- September 30, 2026
Auditor's review
Conclusion: Unmodified
Notes to the results
- Comparatives restated for change in policy to consolidate PSPL ESOP Management Trust in standalone results and for merger of Arrka Infosec Private Limited accounted from April 1, 2025.
- Company secured aggregate shareholding of approximately 94.04% of Nagarro SE (excluding treasury shares) as of October 6, 2026, via SPA and Voluntary Public Takeover Offer at EUR 81 per share.
- 400,000 equity shares of INR 5 each allotted to PSPL ESOP Management Trust on October 2, 2026 for total consideration of ₹ 2 millions.
- FY 2025-26 exceptional item: Statutory Impact of new Labour Code of 890.25 (₹ Million).
The board of directors approved the audited financial results of the company for the quarter and half year ended September 30, 2026, along with the auditors' reports on the standalone and consolidated results.
What was approved
- Audited Financial Results for the quarter and half year ended September 30, 2026.
- Auditors' Report dated October 15, 2026 on the Consolidated Financial Results.
- Auditors' Report dated October 15, 2026 on the Standalone Financial Results.
What the auditor concluded
The statutory auditor, B S R & Co. LLP, gave an unmodified opinion. In its view, the standalone results are presented in accordance with Regulation 33 of the Listing Regulations and give a true and fair view in conformity with the recognition and measurement principles laid down in the applicable accounting standards. The standalone results include an ESOP trust whose interim financial statements were audited by another auditor; the opinion is based solely on that report and is not modified in respect of this matter.
Results at a glance (standalone, in ₹ Million)
- Revenue from operations: 44,941.71 for the quarter, 86,119.72 for the six months.
- Total income: 45,135.80 for the quarter, 86,513.07 for the six months.
- Profit before tax: 6,558.73 for the quarter, 12,017.44 for the six months.
- Profit for the period/year: 4,828.94 for the quarter, 8,849.18 for the six months.
- Basic EPS: 30.80 for the quarter, 56.51 for the six months. Diluted EPS: 30.53 and 56.02.
Other matters recorded in the notes
- On October 2, 2026, 400,000 Equity Shares of ₹ 5 each were allotted to the PSPL ESOP Management Trust at an allotment price of ₹ 5 per Equity Share. Paid-up share capital rises from 157,750,000 equity shares of ₹ 5 each (aggregating to ₹ 788.75 million) to 158,150,000 equity shares of ₹ 5 each (aggregating to ₹ 790.75 million).
- A final dividend of ₹ 18 per equity share for FY2025-26 was paid; ₹ 2,838.47 million was paid as of September 30, 2026 out of a total dividend of ₹ 2,839.50 million, leaving ₹ 1.03 million unpaid.
- The company secured an aggregate shareholding of approximately 94.04% of Nagarro SE (excluding treasury shares) as of October 6, 2026.
- A corporate guarantee up to EUR 1,540 million in favour of BidCo to secure bridge financing of EUR 1,400 million from Barclays Bank PLC, along with creation of pledge on the company's shareholding in BidCo and on receivables from BidCo or its subsidiaries.
- Members at the Extraordinary General Meeting held on October 5, 2026 approved long-term debt financing up to USD 1,250 million and fund raising by issue of securities up to USD 450 million.
Restatement of comparatives
The comparative figures were restated after the PSPL ESOP Management Trust was consolidated as a subsidiary and the merger with Arrka Infosec Private Limited, which has been accounted on April 1, 2025. The notes state that reserves and surplus decreased by Rs.9.25 million on April 1, 2025.
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More numbers
- Revenue from operations, standalone, six months ended September 30, 2026₹ 86,119.72 million
- Paid-up equity shares after ESOP trust allotment158,150,000 equity shares of ₹ 5 each
- Final dividend per equity share for FY2025-26₹ 18 per equity share
- Final dividend amount remaining unpaid₹ 1.03 million
- Corporate guarantee in favour of BidCoEUR 1,540 million
- Total income, latest quarter45,135.60 (In ₹ Million)
- Total income, year-ago quarter35,330.74 (In ₹ Million)
- Total income, previous quarter41,677.47 (In ₹ Million)
- Total comprehensive income, latest quarter5,123.20 (In ₹ Million)
- Total comprehensive income, year-ago quarter3,909.11 (In ₹ Million)
- Total comprehensive income, previous quarter4,933.25 (In ₹ Million)
- Profit after tax, latest quarter4,828.94 (In ₹ Million)
- Profit after tax, year-ago quarter4,589.03 (In ₹ Million)
- Profit after tax, previous quarter4,020.24 (In ₹ Million)
- Revenue from operations, latest quarter44,941.71 (In ₹ Million)
- Revenue from operations, year-ago quarter34,929.47 (In ₹ Million)
- Revenue from operations, previous quarter41,178.01 (In ₹ Million)
- Profit before tax, latest quarter6,558.73 (In ₹ Million)
- Profit before tax, year-ago quarter6,202.18 (In ₹ Million)
- Profit before tax, previous quarter5,458.71 (In ₹ Million)
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