Quarter ended September 30, 2025, results highlights.
• Total Company Operating Revenue stood at ₹13,233 million, up 6.4% QoQ
• Services Segment Revenue of ₹10,128 million, up 5.1% QoQ
• In USD terms, Services Segment Revenues came in at $115.6 million, up 2.7% QoQ
• Operating EBITDA at ₹2,078 million, up 3.8% QoQ
• Adj. EBITDA Margin at 16.4%, up 30bps QoQ
• Net Income was at ₹1,655 million; up 5.1% YoY. Net margin was at 12.5%
• [LTM] attrition came in at 15.1%
• Workforce strength was at 12,402
Warren Harris, Chief Executive Officer and Managing Director, said: “Q2 FY26 was a quarter of strong progress and positive momentum. We achieved a return to growth, upheld margin discipline, strengthened our strategic position in Europe, advanced our innovation agenda, and continued to invest in talent and partnerships that fuel long-term value creation. While we may see some short-term, tactical challenges in Q3, we remain confident in a solid rebound in Q4, supported by a robust pipeline, improving demand trends, and continued operational excellence. As we move into the second half of FY26, we do so with strong momentum, a resilient foundation, and a clear focus on accelerating sustainable, technology-led growth.”
Savitha Balachandran, Chief Financial Officer, said: “Q2 FY26 marked a quarter of financial resilience and operational discipline. Our margin performance remained stable despite ongoing macroeconomic challenges. We maintained a healthy balance sheet, enabling continued investments in strategic priorities. Looking ahead, while we remain cautious about near-term demand softness, we are confident in our ability to navigate the environment and deliver sustainable value creation in the second half of the fiscal year.”