IT Consulting & Software company Expleo Solutions announced Q2FY26 results The operating revenue was Rs 2,827 million in Q2FY26 as compared to Rs 2,593 million in Q2FY25, reflecting a growth of 9.0%. Total income was Rs 2,954 million in Q2FY26 as compared to Rs 2,719 million in Q2FY25, reflecting a growth of 8.6%. Adjusted EBITDA stood at Rs 483 million at 17.1% in Q2FY26 as compared to Rs 423 million at 16.3% in Q2FY25, reflecting a growth of 14.2%. Profit after tax including OCI stood at Rs 431 million at 14.6% in Q2FY26 as compared to Rs 357 million at 13.1% in Q2FY25, reflecting a growth of 20.7%. Basic EPS stood at Rs 25.62 for Q2FY26 as compared to Rs 22.86 for Q2FY25, reflecting a growth of 12.0%. The Company’s net cash position stood at Rs 3,030 million in Q2FY26 as compared to Rs 2,762 million in Q2FY25. Phani Tangirala, Managing Director & CEO, Expleo Solutions, said: “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 AI 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 AI and AI-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 AI capabilities, strengthen our value proposition, and reinforce our competitive edge. Our strategic priorities remain clear - driving growth through focused initiatives, pursuing operational excellence with discipline, and leveraging emerging opportunities to deliver sustained value to all stakeholders.” Result PDF