Expleo Solutions reports strong Q2, H1 FY26 growth with surging profits

Expleo Solutions Limited reported a strong Q2 FY26, with total income growing by 10.8% quarter-on-quarter to ₹2,954 million, and 8.6% year-on-year compared to Q2 FY25. Operating revenue also saw an increase, reaching ₹2,827 million, up 8.9% from Q1 FY26 and 9.0% from Q2 FY25. The company's adjusted EBITDA surged by 45.5% QoQ to ₹483 million, achieving a margin of 17.1% in Q2 FY26.

Profit after tax including Other Comprehensive Income (OCI) soared by 74.3% QoQ to ₹431 million, with a margin of 14.6%. Basic EPS for Q2 FY26 reached ₹25.62, reflecting a 94.7% increase QoQ and 12.0% YoY. The company's net cash position significantly improved to ₹3,030 million in Q2 FY26, up from ₹2,382 million in Q1 FY26 and ₹2,762 million in H1 FY25.

For H1 FY26, total income stood at ₹5,610 million, a 6.8% increase year-on-year, while operating revenue grew by 6.0% to ₹5,423 million. The company's focus on operational excellence, AI training initiatives, and digital transformation continues to drive growth, especially in North America and Middle East markets, despite challenging conditions in Europe.