NSE Reports Q2FY26 Income of ₹41.60 Billion, Sets Aside ₹12.97 Billion for Regulatory Issues

The National Stock Exchange of India (NSE) has released its financial results for the second quarter of fiscal year 2026, showcasing robust income figures alongside significant provisions for regulatory matters.

Financial Highlights

NSE reported impressive financial performance for Q2FY26:

Metric	Amount (in ₹ Billion)
Total Income	41.60
Profit After Tax	20.98
Provision for Regulatory Issues	12.97

The exchange's strong financial position is further underscored by its substantial contribution to the national exchequer, which reached ₹283.08 billion in the first half of FY26.

Regulatory Landscape

A notable aspect of NSE's Q2 financials is the ₹12.97 billion provision recognized for regulatory issues. This significant allocation highlights the exchange's proactive approach to addressing potential regulatory challenges. The nature and specifics of these regulatory matters have not been disclosed in the available information.

Ongoing Regulatory Dialogue

NSE has indicated that it is currently awaiting a response from the market regulator regarding settlement applications. This suggests that the exchange is actively engaging with regulatory authorities to resolve outstanding issues. The outcome of these settlement applications could have implications for NSE's future operations and financial obligations.

Conclusion

NSE's Q2FY26 results demonstrate the exchange's financial strength, with substantial income and profit figures. However, the sizeable provision for regulatory issues underscores the complex regulatory environment in which the exchange operates. Stakeholders will likely be watching closely for any developments regarding the pending settlement applications and their potential impact on NSE's future performance.

Infosys Limited, a global leader in next-generation digital services and consulting, announced its financial results for the second quarter ended September 30, 2025. The company reported robust performance and raised its revenue growth guidance for the full fiscal year.

Key Highlights

Revenue grew 2.2% sequentially and 2.9% year-on-year in constant currency terms
Operating margin expanded by 20 basis points sequentially to 21.00%
Large deal total contract value (TCV) at $3.10 billion, with 67% net new
Added 8,000 employees during the quarter
Raised FY26 revenue growth guidance to 2-3% in constant currency (previously 1-3%)
Maintained operating margin guidance at 20-22% for FY26

Financial Performance

Infosys reported quarterly revenues exceeding $5.00 billion for Q2 FY26. The company saw strong growth in key verticals like Financial Services and Manufacturing, both growing over 5% year-on-year in constant currency. Europe also grew over 5% year-on-year in constant currency terms.

AI and Digital Transformation

CEO Salil Parekh highlighted strong client focus on deploying AI across enterprises for growth and cost efficiency. Infosys is scaling up its team of forward-deployed engineers to drive AI adoption. The company has emerged as a leading enterprise AI services provider, with 8 industry analyst firms ranking Infosys as a global leader in 20 separate AI rankings over the last 12 months.

Deal Pipeline and Market Outlook

The company reported a strong pipeline for large deals, with clients focused on cost optimization, consolidation, and using AI for efficiency. While the overall environment remains uncertain, Infosys sees good traction in Financial Services and Manufacturing sectors. The retail sector continues to face headwinds due to ongoing tariff-related uncertainties.

Strategic Acquisitions and Partnerships

Infosys announced a joint venture with Versent in Australia, pending regulatory approvals. The company continues to explore strategic acquisitions to enhance capabilities in key areas.

Talent and Hiring

Infosys added 8,000 employees during Q2, bringing the total headcount to 332,000. The company has hired over 12,000 freshers in the first half of FY26 and is on track to meet its target of 20,000 fresher hires for the year.

Outlook

While raising the revenue growth guidance for FY26, Infosys remains cautious about the uncertain global economic environment. The company expects seasonal factors like lower working days and furloughs to impact growth in the second half of the fiscal year.

"We had a strong performance in Q2 with increased market share gains. Our results and pipeline of deals reflect the trust our clients have in our ability to help them bring AI to their enterprises," said Salil Parekh, CEO and MD of Infosys.

The company's focus on AI-driven solutions, strategic partnerships, and continued investments in talent positions it well to capitalize on emerging opportunities in the digital transformation space.