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Expleo Solutions Ltd Q3 FY26 Results

EXPLEOSOLQ3 FY26 Results
Filing
MetricValue (₹ Cr)Q2 FY26Q3 FY25
Revenue279.351.2%8.4%
Total Income289.741.9%11.3%
Expenditure241.001.2%3.8%
PBT31.9537.8%12.9%
Net Profit22.1344.3%11.9%
OPM10.48%6.04pp5.69pp
NPM7.64%5.82pp0.05pp
EPS14.2644.3%11.8%
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Expleo Solutions Q3FY26 Total Income up by 11.2% Y-o-Y to Rs 2,897 million

03 Feb 2026 · 3 Feb, 8:38 pm

Summary

Expleo Solutions Ltd, a global technology, engineering and consulting service provider, announced its Q3 and nine months of FY26 results. The company reported a Y-o-Y total income growth of 11.2% to Rs 2,897 million. The AI training initiative launched last quarter has begun to show encouraging results, driving measurable improvements in operational efficiency across multiple teams. The company remains optimistic about the growth opportunities in the North America and Middle East markets.

Key Highlights

  1. 1

    Q3FY26 Total Income up by 11.2% Y-o-Y to Rs 2,897 million

  2. 2

    Operating revenue was Rs 2,794 million in Q3FY26 as compared to Rs 2,827 million in Q2FY26

  3. 3

    Adjusted EBITDA stood at Rs 465 million with a margin at 16.6% in Q3FY26

  4. 4

    Profit after tax including OCI stood at Rs 234 million in Q3FY26 as compared to Rs 431 million in Q2FY26

  5. 5

    Basic EPS stood at Rs 14.26 as compared to Rs 25.62 for Q2FY26

  6. 6

    The Company’s net cash position stood at Rs 3,892 million in Q3FY26 as compared to Rs 3,030 million in Q2FY26

  7. 7

    Operating revenue was Rs 2,794 million in Q3FY26 as compared to Rs 2,576 million in Q3FY25, reflecting a growth of 8.5%

  8. 8

    Profit after tax including OCI stood at Rs 234 million in Q3FY26 as compared to Rs 193 million in Q3FY25, reflecting a growth of 21.3%

  9. 9

    Basic EPS stood at Rs 14.26 for Q3FY26 as compared to Rs 12.75 for Q3FY25, reflecting a growth of 11.9%

  10. 10

    The Company’s net cash position stood at Rs 3,892 million in Q3FY26 as compared to Rs 3,501 million in Q3FY25

Management Comments

M

Mr. Phani Tangirala

We delivered a strong quarter, recording year-on-year total revenue growth of 11.2% despite challenging market conditions, particularly in Europe, where we have a significant presence. 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, we delivered a strong performance in this quarter, with consistent improvement across all metrics. Digital services continued to grow, supported by accelerating AI monetization. Utilization remained at optimal levels, project SLAs were consistently met, attrition moderated, and cash generation from operations increased significantly. The AI training initiative launched last quarter has begun to show encouraging results, driving measurable improvements in operational efficiency across multiple teams. Our continued investments in Artificial Intelligence and Digital Transformation are translating into revenue traction, with AI and AI-enabled services creating scalable growth opportunities across the portfolio. We expect this momentum to strengthen, as these capabilities evolve into durable competitive advantages that enhance differentiation, deepen client relevance, and expand long-term value creation.

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