Expleo Solutions Ltd Q2 FY26 Results

We delivered a strong quarter, recording year-on-year growth of 8.6 % and quarter-on-quarter growth of 10.8%, despite challenging market conditions — particularly in Europe, where we have a significant presence. We had a growth across all our key markets, however the growth in Europe and North America markets outpaced the growth in the middle east and APAC markets. We continue to remain optimistic about the growth opportunities in the North America and middle east markets and expect their growth momentum to continue. Operationally, it was an outstanding quarter, with continuous improvement across nearly all key metrics. We achieved record-high utilization levels as our delivery operations became more agile and responsive to evolving business needs — well supported by our talent teams through just-in- time hiring practices. Although attrition remains slightly above our long-term average, it has not materially impacted delivery, and all projects continue to meet agreed SLAs. Recognizing the importance of continuous learning in a rapidly evolving technological landscape, we have launched an ambitious organization-wide Al training initiative, including support functions, aimed at driving measurable improvements in operational efficiency. Our sustained investments in Artificial Intelligence and Digital Transformation initiatives are beginning to bear fruit, with our Al and Al-enabled services generating revenue and creating new business opportunities. We are confident that this momentum will continue, and these initiatives will serve as long-term differentiators that enhance our Al capabilities, strengthen our value proposition, and reinforce our competitive edge.