IT Consulting & Software company Expleo Solutions announced Q1FY26 results The operating revenue was Rs 2,596 million in Q1FY26 as compared to Rs 2,522 million in Q1FY25, reflecting a growth of 3%. Total income was Rs 2,666 million in Q1FY26 as compared to Rs 2,544 million in Q1FY25, reflecting a growth of 4.8%. Adjusted EBITDA stood at Rs 332 million at 12.8% in Q1FY26 as compared to Rs 397 million at 15.8% in Q1FY25. Profit after tax including OCI stood at Rs 247 million at 9.3% in Q1FY26 as compared to Rs 237 million at 9.3% in Q1FY25. Basic EPS stood at Rs 13.16 as compared to Rs 15.40 for Q1FY25. The Company’s net cash position stood at Rs 2,382 million in Q1FY26 as compared to Rs 2,606 million in Q1FY25. Phani Tangirala, Managing Director & CEO, Expleo Solutions, said: “We recorded a year-on-year growth of 4.8% and a QoQ increase of 2.4%, notwithstanding the prevailing market challenges particularly in Europe, where we maintain a substantial presence. Despite these headwinds, we demonstrated commendable progress. In contrast, key markets such as the United States and APAC experienced delays in decision-making, resulting in the deferment of certain projects. We anticipate a reversal of this trend in the upcoming quarter, supported by the commencement of operations in Saudi Arabia. Our operations have become increasingly agile and responsive, with all key performance indicators reflecting optimal health. Our commitment to workforce development through targeted training and upskilling programs has strengthened operational discipline, resulting in meaningful gains in utilization and productivity. While attrition experienced a marginal increase during the quarter, we expect it to stabilize and return to our long-term average in the forthcoming period. We continue to invest strategically in Artificial Intelligence and Digital Transformation initiatives, aligning our service portfolio with evolving market dynamics and client expectations. We are confident that these initiatives will serve as a long-term differentiator, enhancing the value proposition of our offerings and reinforcing our competitive positioning. Our strategic focus remains unwavering to drive growth through targeted initiatives, pursue operational excellence with rigor, and capitalize on emerging opportunities to deliver sustained value to all stakeholders.” Result PDF