Expleo Solutions Limited has informed stock exchanges about receiving a notice from the Employees Provident Fund Organisation (EPFO) for proceedings under Section 14B of the EPF Act covering a historical period from 1996 to 2010. The company made this disclosure under Regulation 30 of SEBI Listing Regulations on February 11, 2026.

EPFO Notice Details

The Regional Provident Fund Commissioner-II has initiated proceedings against Expleo Solutions Limited under Section 14B of the Employees' Provident Funds & Miscellaneous Provisions Act, 1952. The proceedings relate to the company's operations under PF code number TN/49417 during the period from April 1, 1996, to March 31, 2010.

Alleged Violations and Financial Impact

The EPFO has alleged violations related to the remittance of contributions and administrative charges payable under various sections of the EPF Act. The specific violations pertain to non-compliance with Section 6, GA (2a) and 6C (2)/6C (4a) of the Act, read with relevant paragraphs of associated schemes.

Company's Response and Impact Assessment

Expleo Solutions has indicated that the damages are subject to contest by the company, suggesting it plans to challenge the EPFO's allegations and the quantum of penalties imposed. The company has assessed that this matter does not have a major impact on its financial operations.

The violations alleged by EPFO include:

• Non-remittance of contributions within due dates under EPF Scheme 1952
• Non-compliance with EPS 1995 requirements
• Violations under EDU Scheme 1976
• Administrative charges not paid as per prescribed timelines

Regulatory Compliance

The disclosure was made in compliance with SEBI Circular no. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, and SEBI Circular No. SEBI/HO/CFD/CFD-PoD-2/CIR/P/2024/185 dated December 31, 2024. The company secretary S. Sampath Kumar signed the disclosure document, ensuring adherence to regulatory requirements for material event disclosures.

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.