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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	1,226	1,178	1,121	1,078	1,041	1,024	1,000	1,001	1,002	1,006	1,003	1,009	911	833	870	851	853	885	842	626	649	654	583	456	522	539	487	395	318	282	218	208
Other income	14.1	8.4	8	8.9	12	11	9.4	10.3	9.6	26	5.1	6.3	5.3	4.8	6.1	11.1	4.6	4.1	3.1	4.3	1.5	2.4	4.7	13.2	3.7	2.2	1.7	4.7	3.8	2.7	2.2	4
Total expenses	1,059	1,019	964	932	905	889	863	850	838	870	835	836	746	682	731	722	679	693	674	501	524	536	496	393	549	548	526	518	310	276	215	214
EBITDA	201	192	191	177	164	163	163	175	189	160	193	197	182	166	151	140	184	203	179	135	134	127	97.5	75	58.6	63.7	31.5	31.3	28.3	27.9	22.2	15.8
EBITDA margin	16.4%	16.3%	17.0%	16.5%	15.8%	16.0%	16.3%	17.5%	18.8%	16.0%	19.2%	19.5%	20.0%	19.9%	17.4%	16.4%	21.6%	22.9%	21.2%	21.5%	20.7%	19.4%	16.7%	16.5%	11.2%	11.8%	6.5%	7.9%	8.9%	9.9%	10.2%	7.6%
Finance costs	1.1	0.6	1.2	1.2	1.3	1.4	1.5	1.5	1.6	1.6	1.7	1.8	1	0.4	0.2	0.4	0.3	0.3	0.6	0.2	0.1	0.2	0.1	0.7	1.9	1.8	1.2	1.5	0	0.3	0.1	0
Depreciation	32.9	32.9	32.5	29.7	27.1	27.1	24.6	23.4	22.7	22.9	23.4	22.6	16.5	14.7	12.2	10	10.2	11.1	10.4	9.1	9.2	8.9	9.9	11.5	84.1	70.8	69.2	154	20.3	21.7	19.2	21.9
Profit before tax	181	167	165	155	147	146	147	161	174	162	173	179	170	156	145	140	178	196	171	130	126	120	92.3	76	−72.4	−6.8	−37.2	−119	11.8	8.7	5.2	−2
Tax	39.1	32.3	33.5	30.5	29	28.6	28.3	30.5	32.7	31.7	32.7	36.2	34.6	35.6	28.5	29.7	37.6	37.5	34.7	25	23.7	26.7	10.8	−2.6	16.7	−7.7	8.3	−43.6	1.7	−1.2	−3.3	3.2
Net profit	142	134	131	125	118	117	119	130	141	130	140	143	135	120	117	110	141	158	136	104	103	93.5	81.5	78.6	−89.1	0.7	−47	−75.7	9.7	10	8.4	−5.2
Net margin	11.6%	11.4%	11.7%	11.6%	11.4%	11.5%	11.8%	13.0%	14.1%	13.0%	14.0%	14.1%	14.9%	14.4%	13.4%	13.0%	16.5%	17.9%	16.2%	16.7%	15.8%	14.3%	14.0%	17.3%	-17.1%	0.1%	-9.7%	-19.2%	3.1%	3.5%	3.9%	-2.5%
EPS (₹)	10.77	10.18	9.95	9.43	8.82	8.74	8.82	9.70	10.50	9.69	10.42	10.60	10.07	8.88	8.58	8.14	10.36	11.66	10.04	7.68	7.54	6.87	5.85	5.16	-6.11	0.05	-3.27	-5.39	0.84	0.88	0.75	-0.46
Net profit YoY	+20.1%	+14.5%	+10.8%	−4.0%	−16.2%	−9.9%	−15.4%	−8.7%	+4.3%	+8.3%	+20.3%	+29.1%	–	−14.5%	−26.3%	−18.9%	+37.1%	+69.0%	+67.1%	+32.9%	+215.0%	+13616.6%	+273.3%	+203.8%	−1015.7%	−93.2%	−657.4%	–	+286.6%	–	–	–

Annual results

financial years ending March · from the fourth-quarter filings

₹ crore	FY26	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18
Revenue from operations	4,418	4,028	3,928	3,355	3,206	2,341	1,943	1,004	792
Other income	37.3	40.2	42.6	26.2	16.1	21.9	12.4	10.6	4.8
Total expenses	3,821	3,441	3,287	2,814	2,548	1,949	2,142	981	784
EBITDA	724	691	732	588	700	433	185	96.7	65.2
EBITDA margin	16.4%	17.2%	18.6%	17.5%	21.8%	18.5%	9.5%	9.6%	8.2%
Finance costs	4.4	6	6.2	1.4	1.3	1.1	6.4	0.3	0
Depreciation	122	97.8	85.3	46.2	40.9	39.6	378	73.2	57.3
Profit before tax	634	627	683	567	674	415	−236	33.8	12.6
Tax	125	120	135	119	135	58.6	−26.1	3.7	−6.5
Net profit	510	507	548	448	539	356	−211	29.8	19.1
Net margin	11.5%	12.6%	14.0%	13.3%	16.8%	15.2%	-10.9%	3.0%	2.4%
EPS (₹)	38.36	37.76	40.79	33.05	39.77	25.27	-14.77	2.58	1.70
Net profit YoY	+0.4%	−7.5%	+22.5%	−17.0%	+51.4%	+268.7%	−808.1%	+56.1%	–

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	574	642	590	247	486
Investing cash flow	47.5	−220	−528	−69.6	−111
Financing cash flow	−375	−208	−151	−328	−97.4
Capital expenditure	10.9	128	159	0	0
Free cash flow (CFO − capex)	563	514	431	247	486

Net profit trend

annual, ₹ crore

FY21

₹356

FY22

₹539+51%

FY23

₹448−17%

FY24

₹548+22%

FY25

₹507−7%

FY26

₹510+0%

Result filings

as filed with NSE · PDF and XBRL

Period	Basis	Filed	Documents
Q1 FY27	Consolidated	22 Jul 2026	PDF on NSE XBRL
Q1 FY27	Standalone	22 Jul 2026	PDF on NSE XBRL
Q4 FY26	Consolidated · audited	–	PDF on NSE XBRL
Q4 FY26	Consolidated · audited	24 Apr 2026	PDF on NSE XBRL
Q4 FY26	Standalone · audited	–	PDF on NSE XBRL
Q4 FY26	Standalone · audited	24 Apr 2026	PDF on NSE XBRL
Q3 FY26	Consolidated	22 Jan 2026	PDF on NSE XBRL
Q3 FY26	Standalone	22 Jan 2026	PDF on NSE XBRL
Q2 FY26	Consolidated	17 Oct 2025	PDF XBRL
Q2 FY26	Standalone	17 Oct 2025	PDF XBRL

Annual reports

NSE archive

FY2613.01 MB FY25 FY24 FY23 FY22 FY21 FY20 FY19 FY18 FY17

Key ratios

P/E (TTM)–

P/B–

ROEFY26, on average equity21.4%

Net margin11.5%

Debt / equity0.00×

Revenue CAGR (3Y)9.6%

Profit CAGR (3Y)4.4%

EPS (TTM)₹53124.00

Market cap–

Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.

Balance sheet 31 Mar 2026

Total assets₹3,730 Cr+12%

Net worth₹2,488 Cr+10%

Total borrowings₹0 Cr

Cash & bank balances₹748 Cr+49%

Investments₹25 Cr−79%

Inventories₹0 Cr

Trade receivables₹988 Cr+18%

Trade payables₹679 Cr+18%

Change vs the same date a year earlier.

Revenue mix FY19

Cloud Communication Services100.0%result ₹23.2 Cr

Segment revenue as reported, before inter-segment eliminations.

Shareholding 30 Jun 2026

%	Jun 26	Mar 26	Dec 25	Sept 25	Jun 25	Mar 25	Dec 24	Sept 24	Jun 24	Mar 24	Dec 23	Sept 23
Promoter	46.17	46.17	46.17	46.17	45.49	44.10	44.10	44.12	44.15	44.15	44.15	44.16
FII	7.63	7.60	8.34	9.06	7.31	10.40	12.48	14.64	14.55	15.13	15.46	15.15
DII	0.39	0.28	0.30	0.76	0.95	0.80	0.47	0.80	0.75	0.67	0.92	0.74
of which MF	0.38	0.16	0.18	0.61	0.78	–	–	–	–	–	–	–
Retail	37.02	37.40	36.89	35.67	37.93	36.81	35.25	34.63	34.16	33.55	32.75	32.75
Other public	8.32	8.08	7.83	7.87	8.09	7.65	7.70	5.81	6.39	6.50	6.72	7.20

2,64,765 shareholders · NSE shareholding pattern filings.