Slide 1: Financial Performance – Q2 FY26
OCT 2025 INVESTOR RELATIONS FINANCIAL PERFORMANCE – Q2 FY26 OCT 24, 2025
Slide 2: Financial Summary
Financial Summary Metrics FY26 Q2 Q-o-Q FY26 H1 Y-o-Y OPG revenue (USD mm) 115.5 5.7% 224.8 17.0% Revenue OPG revenue (INR mm) 10,049 7.5% 19,394 20.2% Total revenue (INR mm) 10,352 9.5% 19,803 20.2% EBITDA (INR mm) 2,983 27.1% 5,329 28.1% Profit EBIT (INR mm)* 2,558 29.4% 4,535 29.0% Net profit (IN
Slide 3: Key Performance Indicators
Key Performance Indicators Revenue in INR (Mn) EBITDA (INR Mn) 10,000 16.6% 33,659 9,000 8,404 8,946 4-Year Revenue CAGR 8,000 8,983 2,505 from FY21 to FY25 7,000 2,186 6,000 Q4 19,394 5,329 8,538 5,000 2,280 2,281 Q3 29,225 4,000 Q2 26,479 10,049 2,983 21,603 8,318 3,000 2,288 Q1 2,189 15,645 2,000
Slide 4: Balance Sheet and Other Updates
Balance Sheet and Other Updates Cash and Cash Equivalents and Net Operating Book value and Cash & Cash Equivalents (INR) Cash flow (INR Mn) 530 559 474 491 12,506 466 10,839 10,258 10,205 357 6,805 6,563 267 6,546 225 206 218 217 5,050 5,259 4,482 3,137 137 223 FY22 FY23 FY24 FY25 Q1 FY26* Q2 FY26 F
Slide 5: Other Income
Other Income Figures in INR millions. Other Income FY26 Q2 FY26 Q1 FY25 Q4 FY25 Q3 FY25 Q2 Investment Income 108.4 105.5 100.7 86.0 88.1 Revaluation Income* 186.1 -32.1 -33.7 106.0 1.4 Others 9.4 31.9 115.5 22.1 38.9 Total 303.9 105.3 182.5 214.0 128.3 * Gain / Loss regrouped as other income/expense
Slide 6: Revenue, A&A and ACV
Amounts in $ mm Revenue, A&A and ACV Industries A&A Q1'25 Q2'25 Q3'25 Q4'25 FY25 Q1'26 Q2’26 BFSI 41.8% 43.8% 43.7% 43.7% 43.3% 43.2% 41.4% 73.2 65.3 61.9 19.0 CMT 26.4% 26.1% 25.2% 25.7% 25.8% 25.4% 20.025.9% 56.2 16.2 41.5 HiTech and M&D 16.8% 16.7% 16.2% 16.1% 16.4% 16.5% 16.7% 19.8 16.2 Fashion
Slide 7: Hedge Updates
Hedge Updates Current Hedge Status • Total outstanding hedges now $249.3 mm at average INR 88.04/$; 100% forwards Contract Year Currency Amount (mm) Avg. Rate (INR) FY25 Q2 $47.7 84.38 FY25 Q3 $49.8 84.66 FY25 Q4 $49.8 84.86 Matured Forwards Total FY25 USD $195.0 84.54 FY26 Q1 $52.8 85.25 FY26 Q2 $5
Slide 8: P&L Comparison
P&L Comparison Figures in INR millions. Operating P&L FY26 Q2 OPR (%) FY26 Q1 OPR (%) Operating Revenue $ 115.5 109.2 Total Revenue* 10,352 9,451 Operating Revenue 10,049 9,346 Cost of Revenues Delivery and Support Employees Cost 5,280 52.5% 5,111 54.7% General and Administrative Expenses Facilities
Slide 9: Key Revenue Metrics
Key Revenue Metrics FY26 Q2 FY26 Q1 FY25 Q4 FY25 Q3 FY25 Q2 FY25 Q1 FY24 Q4 FY24 Q3 USD 86% 86% 86% 86% 87% 86% 86% 84% Currency EURO 8% 8% 8% 8% 8% 9% 9% 9% Contribution (%) GBP 3% 3% 3% 3% 3% 3% 3% 3% Others 3% 3% 3% 3% 2% 2% 2% 4% North America 80% 79% 78% 76% 76% 75% 74% 74% Geographic Concentra
Slide 10: Revenue Mix Trends ($mm)
Revenue Mix Trends ($mm) $7.1 20.0% (8.6%) $7.0 (6.8%) 7.6% $36.0 $7.8 7.2% 5.6% 27.2% $7.7 3.0% $33.2 21.6% $7.8 0.4% 23.6% 19.1% $29.8 $30.3 19.9% $28.3 28.3% 10.3% 35.1% 3.1% 0.9% 27.0% 56.1% $72.4 $67.2 $69.0 15.4% $62.8 $62.7 16.8% 19.3% 21.1% 16.8% 12.5% 19.7% 17.7% 30.8% FY25 Q2 FY25 Q3 FY25
Slide 11: Key Headcount Metrics
Key Headcount Metrics FY26 Q2 FY26 Q1 FY25 Q4 FY25 Q3 FY25 Q2 FY25 Q1 FY24 Q4 FY24 Q3 Staff Utilization (Delivery) Staff Utilization (Delivery) 75.1% 72.8% 73.2% 73.2% 74.1% 72.1% 73.5% 73.9% Offshore Delivery 17,754 16,865 15,925 15,260 14,861 14,921 14,690 14,496 Onshore Delivery 651 655 656 627 6
Slide 12: Balance Sheet Abstract
Balance Sheet Abstract Figures in INR millions. Particulars September 30, 2025 March 31, 2025 % Change Shareholder's Funds Capital 469 470 0% Minority Interest 26 22 19% Reserves and Surplus 25,772 22,588 14% Total Shareholder's Funds 26,268 23,080 Application of Funds Fixed Assets 6,897 6,488 6% Ri
Slide 13: Thank You
Thank You This presentation contains forward-looking statements, inter-alia, to enable investors to comprehend company’s prospects and take informed investment decisions. This report and other statements - written and oral - that we periodically make, contain forward-looking statements that set out