Quarterly results
consolidated · as filed with NSE · Q1 FY27 back to Q4 FY18
| ₹ crore | Q1 FY27 | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 | Q4 FY23 | Q3 FY23 | Q2 FY23 | Q4 FY22 | Q3 FY22 | Q2 FY22 | Q1 FY22 | Q4 FY21 | Q3 FY21 | Q2 FY21 | Q1 FY21 | Q4 FY20 | Q3 FY20 | Q2 FY20 | Q1 FY20 | Q4 FY19 | Q3 FY19 | Q2 FY19 | Q4 FY18 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 2,725 | 2,583 | 2,443 | 2,312 | 2,218 | 2,161 | 2,102 | 1,925 | 1,791 | 1,670 | 1,597 | 1,540 | 1,529 | 1,557 | 1,505 | 1,488 | 1,544 | 1,464 | 1,429 | 1,485 | 1,463 | 1,365 | 1,188 | 1,062 | 1,080 | 1,053 | 985 | 980 | 967 | 985 | 955 | 871 |
| Other income | 6.1 | −1.7 | 3.6 | −1.3 | 6.8 | 2.1 | −2.1 | −2.7 | 1.8 | 2.8 | 15.4 | 16.9 | 1.7 | 12.7 | 62.5 | 49.4 | −0.4 | 0.2 | 0.7 | −0 | −1.9 | 1.3 | 2.1 | −0.1 | 0.6 | 1.2 | 8.5 | −1.4 | 1 | 0.7 | 0.5 | 23.4 |
| Total expenses | 2,440 | 2,321 | 2,195 | 2,089 | 2,011 | 1,962 | 1,908 | 1,752 | 1,626 | 1,514 | 1,451 | 1,403 | 1,376 | 1,398 | 1,384 | 1,383 | 1,388 | 1,303 | 1,265 | 1,319 | 1,296 | 1,219 | 1,064 | 959 | 978 | 951 | 913 | 871 | 857 | 875 | 847 | 791 |
| EBITDA | 451 | 430 | 403 | 376 | 347 | 333 | 318 | 287 | 270 | 250 | 237 | 229 | 240 | 244 | 210 | 192 | 245 | 238 | 239 | 238 | 234 | 210 | 188 | 167 | 164 | 167 | 132 | 166 | 138 | 136 | 133 | 107 |
| EBITDA margin | 16.6% | 16.7% | 16.5% | 16.3% | 15.7% | 15.4% | 15.1% | 14.9% | 15.1% | 15.0% | 14.9% | 14.9% | 15.7% | 15.7% | 13.9% | 12.9% | 15.9% | 16.3% | 16.7% | 16.1% | 16.0% | 15.4% | 15.8% | 15.7% | 15.2% | 15.8% | 13.4% | 16.9% | 14.3% | 13.8% | 13.9% | 12.2% |
| Finance costs | 51.8 | 52 | 43.3 | 42.8 | 43.4 | 42.6 | 39.3 | 34.3 | 31.6 | 26.5 | 25.4 | 26.1 | 25.4 | 20.7 | 19.7 | 19.9 | 18.8 | 15.1 | 15.5 | 14.6 | 13.7 | 12.7 | 12.4 | 13.4 | 14.2 | 15.9 | 14.8 | 13.4 | 9.2 | 7 | 6.5 | 8.9 |
| Depreciation | 115 | 116 | 111 | 110 | 97.2 | 90.6 | 84.4 | 79.2 | 72.9 | 67.3 | 66.3 | 65.4 | 61.3 | 64.2 | 68.7 | 66.3 | 69.7 | 61.7 | 59.7 | 58.4 | 53.4 | 51.3 | 51.9 | 49.8 | 47.4 | 48.4 | 45.5 | 43.9 | 19 | 19.1 | 18.4 | 17.2 |
| Profit before tax | 219 | 261 | 152 | 224 | 213 | 202 | 201 | 171 | 167 | 159 | 161 | 154 | 155 | 172 | 184 | 155 | 156 | 161 | 164 | 165 | 55.3 | 148 | 125 | 103 | 103 | 104 | 80.6 | 107 | 111 | 111 | 108 | 104 |
| Tax | 53.4 | 55.4 | 31.3 | 44.8 | 43.9 | 41 | 40.3 | 32.8 | 32 | 25.8 | 32.1 | 27.8 | 29.3 | 30.6 | 25.7 | 25.5 | 23.6 | 25.9 | 29.3 | 31.7 | 8.7 | 26.5 | 20.2 | 14.8 | 11.5 | 14 | 13.2 | 15.7 | 13 | 12.6 | 15.6 | 10.9 |
| Net profit | 166 | 205 | 120 | 180 | 169 | 161 | 160 | 138 | 135 | 134 | 129 | 127 | 126 | 141 | 158 | 129 | 132 | 135 | 135 | 134 | 46.7 | 121 | 105 | 88.7 | 91.6 | 89.5 | 67.4 | 91.2 | 98.2 | 98.1 | 92.8 | 92.9 |
| Net margin | 6.1% | 7.9% | 4.9% | 7.8% | 7.6% | 7.4% | 7.6% | 7.2% | 7.6% | 8.0% | 8.1% | 8.2% | 8.2% | 9.1% | 10.5% | 8.7% | 8.6% | 9.3% | 9.5% | 9.0% | 3.2% | 8.9% | 8.9% | 8.3% | 8.5% | 8.5% | 6.8% | 9.3% | 10.2% | 10.0% | 9.7% | 10.7% |
| EPS (₹) | 2.40 | 2.97 | 1.74 | 2.60 | 2.45 | 2.33 | 2.33 | 2.01 | 1.97 | 1.94 | 1.88 | 1.85 | 1.85 | 2.07 | 2.32 | 1.90 | 1.95 | 1.99 | 2.03 | 1.98 | 0.69 | 1.78 | 1.55 | 1.29 | 1.32 | 1.29 | 0.97 | 1.32 | 1.42 | 1.42 | 1.35 | 1.36 |
| Net profit YoY | −2.0% | +27.7% | −24.9% | +29.9% | +25.2% | +20.4% | +24.5% | +9.2% | +7.4% | −5.5% | −18.5% | −2.2% | – | +6.7% | +16.6% | −4.2% | +183.6% | +11.9% | +28.2% | +50.8% | −49.0% | +35.2% | +56.2% | −2.7% | −6.8% | −8.7% | −27.4% | – | +5.8% | – | – | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 9,556 | 7,980 | 6,336 | 6,022 | 5,921 | 5,078 | 4,099 | 3,826 | 3,431 |
| Other income | 7.5 | −0.9 | 36.8 | 131 | 0.6 | 1.3 | 8.8 | 3.9 | 109 |
| Total expenses | 8,616 | 7,248 | 5,743 | 5,538 | 5,275 | 4,532 | 3,713 | 3,394 | 3,183 |
| EBITDA | 1,556 | 1,208 | 956 | 827 | 960 | 804 | 629 | 535 | 355 |
| EBITDA margin | 16.3% | 15.1% | 15.1% | 13.7% | 16.2% | 15.8% | 15.3% | 14.0% | 10.3% |
| Finance costs | 181 | 148 | 103 | 79 | 63.9 | 52.2 | 58.3 | 29 | 40.4 |
| Depreciation | 434 | 327 | 260 | 263 | 249 | 206 | 185 | 74.4 | 65.9 |
| Profit before tax | 850 | 741 | 630 | 615 | 647 | 432 | 394 | 436 | 358 |
| Tax | 175 | 146 | 115 | 102 | 111 | 70.2 | 54.5 | 58.1 | 31.4 |
| Net profit | 674 | 594 | 515 | 514 | 537 | 362 | 340 | 378 | 327 |
| Net margin | 7.1% | 7.4% | 8.1% | 8.5% | 9.1% | 7.1% | 8.3% | 9.9% | 9.5% |
| EPS (₹) | 9.77 | 8.63 | 7.52 | 7.55 | 7.90 | 5.31 | 4.90 | 5.48 | 4.78 |
| Net profit YoY | +13.5% | +15.5% | +0.2% | −4.3% | +48.3% | +6.5% | −10.1% | +15.7% | – |
EPS is as filed for each period and is not restated for later bonus issues or splits.
Cash flow
annual · ₹ crore| ₹ crore | FY26 | FY25 | FY24 | FY23 | FY22 |
|---|---|---|---|---|---|
| Operating cash flow | 1,214 | 701 | 645 | 795 | 704 |
| Investing cash flow | −452 | −746 | −58 | 16.4 | −595 |
| Financing cash flow | −667 | 22.6 | −564 | −743 | −158 |
| Capital expenditure | 196 | 241 | 85.1 | 53.6 | 85 |
| Free cash flow (CFO − capex) | 1,018 | 460 | 560 | 741 | 619 |
Net profit trend
annual, ₹ croreFY21
₹362
FY22
₹537+48%
FY23
₹514−4%
FY24
₹515+0%
FY25
₹594+15%
FY26
₹674+13%
Result filings
as filed with NSE · PDF and XBRL| Period | Basis | Filed | Documents |
|---|---|---|---|
| Q1 FY27 | Consolidated · audited | 6 Aug 2026 | PDF on NSE XBRL |
| Q1 FY27 | Standalone · audited | 6 Aug 2026 | PDF on NSE XBRL |
| Q4 FY26 | Consolidated · audited | 6 May 2026 | PDF on NSE XBRL |
| Q4 FY26 | Standalone · audited | 6 May 2026 | PDF on NSE XBRL |
| Q3 FY26 | Consolidated · audited | 3 Feb 2026 | PDF on NSE XBRL |
| Q3 FY26 | Standalone · audited | 3 Feb 2026 | PDF on NSE XBRL |
| Q2 FY26 | Consolidated · audited | 4 Nov 2025 | PDF on NSE XBRL |
| Q2 FY26 | Standalone · audited | 4 Nov 2025 | PDF on NSE XBRL |
| Q1 FY26 | Consolidated · audited | 30 Jul 2025 | PDF on NSE XBRL |
| Q1 FY26 | Standalone · audited | 30 Jul 2025 | PDF on NSE XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)5Y avg 25.5×26.9×
P/B5Y avg 3.89×4.12×
ROEFY26, on average equity15.9%
Net margin7.1%
Debt / equity0.44×
Revenue CAGR (3Y)16.6%
Profit CAGR (3Y)9.5%
EPS (TTM)₹9.63
Market cap₹18,083 Cr
Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.
P/B vs history
4.12×
vs 8-point avg 3.89× (+6%)
2.18× low3.89× avg5.79× high
History points are balance-sheet dates (2022 → 2026), priced at the adjusted close on each date.
Balance sheet 31 Mar 2026
Total assets₹9,320 Cr+18%
Net worth₹4,385 Cr+7%
Total borrowings₹1,937 Cr+26%
Cash & bank balances₹259 Cr+68%
Investments₹116 Cr+59%
Inventories₹0 Cr
Trade receivables₹2,079 Cr+23%
Trade payables₹558 Cr+40%
Change vs the same date a year earlier.
Revenue mix FY26
Healthcare33.4%result ₹428 Cr
Banking and Financial Services32.4%result ₹609 Cr
Communication, Media and Technology21.3%result ₹385 Cr
Diverse Industries13.0%result ₹136 Cr
Segment revenue as reported, before inter-segment eliminations.