Expleo Solutions Limited submitted its earnings presentation for the quarter and nine months ended December 31, 2025, to BSE Limited and National Stock Exchange of India Limited under Regulation 30. The company reported consolidated operating revenue of ₹2,794 million and adjusted EBITDA of ₹465 million for Q3FY26, with comprehensive performance metrics detailed in the earnings presentation.

Earnings Presentation Submission

The company's Company Secretary and Compliance Officer, S. Sampath Kumar, submitted the earnings presentation on February 03, 2026, to both stock exchanges. The presentation covers detailed financial performance for Q3FY26 and nine months FY26, including quarter-over-quarter and year-over-year comparisons across key operational and financial metrics.

Consolidated Q3FY26 Performance Review

The earnings presentation reveals comprehensive performance metrics for Q3FY26. On a year-over-year basis, operating revenue increased to ₹2,794 million from ₹2,576 million, representing 8.5% growth. Total income grew 11.2% to ₹2,897 million compared to ₹2,604 million in Q3FY25.

Profitability and Margin Analysis

Adjusted EBITDA stood at ₹465 million versus ₹436 million in Q3FY25, with margin at 16.6% compared to 16.9% in the previous year. The company reported PAT including OCI at ₹234 million with 8.1% margin, while excluding labour code impact, PAT including OCI was ₹401 million with 13.9% margin.

Nine Months FY26 Performance

For nine months FY26, operating revenue reached ₹8,217 million versus ₹7,690 million, up 6.9%. Adjusted EBITDA was ₹1,279 million compared to ₹1,257 million in 9MFY25, with margin at 15.6% versus 16.3% previously. PAT including OCI stood at ₹912 million with 10.7% margin, while excluding labour code impact, it was ₹1,079 million with 12.7% margin.

Operational Metrics and Business Segments

The presentation highlights revenue distribution across industries, with BFSI contributing 80.2%, Aero 10.6%, Auto 8.8%, and Transportation 0.4% in Q3FY26. Digital revenue accounted for 53% of total revenue at ₹1,467 million. The company maintained 203 active clients with debtors days at 85, and delivery employee strength at 3,541.

Financial Position and Cash Management

The company's net cash position strengthened to ₹3,892 million in Q3FY26 from ₹3,501 million in Q3FY25. Revenue distribution by region shows Europe contributing 55.4%, Asia 32.1%, and North America 12.5%. Top 5 clients contributed 37% of revenue while top 10 clients accounted for 55% of total revenue.

Expleo Solutions Limited has informed stock exchanges about receiving a significant income tax demand of Rs 2.55 crore from tax authorities for Assessment Year 2013-14. The disclosure was made under Regulation 30 of SEBI Listing Regulations on January 27, 2026.

Income Tax Demand Details

The demand has been raised by the Assistant Commissioner of Income Tax, Corporate Circle 1(1), Chennai, specifically related to the disallowance of Minimum Alternate Tax (MAT) credit utilization. The core issue involves MAT credit worth Rs 83 lakh that was utilized by the company for Assessment Year 2013-14.

Regulatory Compliance and Timeline

The income tax order was issued under Section 115JAA and dated January 14, 2026. The company received this order through an intimation letter dated January 23, 2026, which was actually received on January 27, 2026. Following regulatory requirements, Expleo Solutions promptly disclosed this information to both BSE and NSE on the same day.

Company's Assessment of Impact

Expleo Solutions has stated in its disclosure that there is no material impact on the company's financials, operations, or other activities due to this income tax demand. The company has provided this assessment as part of its mandatory disclosure requirements under SEBI regulations.

Regulatory Framework

The disclosure was made pursuant to Regulation 30 read with Clause 20 of Para A of Schedule III of SEBI Listing Regulations. The company has also complied with specific SEBI circulars issued in 2023 and 2024 regarding such disclosures, ensuring complete transparency with stakeholders about regulatory actions affecting the company.