Interim report
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Amplify Business Results Registered office address eClerx Services Limited Sonawala Building, 1st Floor, 29 Bank Street, Fort, Mumbai – 400 023, Maharashtra, India www.eclerx.com Ph: +91 (022) 6614 83011 Fax: +91 (022) 6614 8655 Email: Contact@eclerx.com CIN: (L72200MH2000PLC125319) eClerx/SECD/SE/2026/115 August 5, 2026 BSE Limited Corporate Relationship Department, Phiroze Jeejeebhoy Towers, 25th Floor, Dalal Street, Fort, Mumbai - 400 001 National Stock Exchange of India Limited Exchange Plaza, Plot No. C/1, Block G, Bandra - Kurla Complex Bandra (East), Mumbai – 400 051 Dear Sir/Madam, Sub: Outcome of Board Meeting held on Wednesday, August 5, 2026 Scrip Code: BSE - 532927 NSE – ECLERX This is to inform you that the Board of Directors of the Company at its meeting held on Wednesday, August 5, 2026, which commenced at 2:15 p.m. and concluded at 5: 15 p.m., inter-alia, unanimously approved the Un-audited Financial Results (Standalone and Consolidated) for the quarter/period ended June 30, 2026. The said financials as approved by the Board of Directors along with the Limited Review Report issued by Statutory Auditor are attached. This is for your information and records. Thanking you, Yours faithfully For eClerx Services Limited Pratik Bhanushali VP-Legal & Company Secretary F8538 Encl: as above
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Price Waterhouse Chartered Accountants LLP Price Waterhouse Chartered Accountants LLP, Nesco IT Building III, 8th Floor, Nesco IT Park, Nesco Complex, Gate No. 3 Western Express Highway, Goregaon East, Mumbai 400 063 T: +91 (22) 61197810 Registered office and Head office: 11-A, Vishnu Digamber Marg, Sucheta Bhawan, New Delhi - 110002 Price Waterhouse (a Partnership Firm) converted into Price Waterhouse Chartered Accountants LLP (a Limited Liability Partnershi p with LLP identity no: LLPIN AAC-5001) with effect from July 25, 2014. Post its conversion to Price Waterhouse Chartered Accountants LLP, its ICAI reg istration number is 012754N/N500016 (ICAI registration number before conversion was 012754N) Review Report To The Board of Directors eClerx Services Limited Sonawala Building, 1st Floor, 29, Bank Street, Fort, Mumbai-400023 1. We have reviewed the standalone unaudited financial results of eClerx Services Limited (the “Company” including eClerx Employee Welfare Trust) for the quarter ended June 30, 2026, which are included in the accompanying Statement of Standalone Unaudited Financial Results for the Quarter ended June 30, 2026 (the “Statement”). The Statement has been prepared by the Company pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the “Listing Regulations, 2015”), which has been digitally signed by us for identification purposes. 2. This Statement, which is the responsibility of the Company’s Management and approved by the Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 “Interim Financial Reporting” (“Ind AS 34”), prescribed under Section 133 of the Companies Act, 2013, and other accounting principles generally accepted in India. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 “Review of Interim Financial Information Performed by the Independent Auditor of the Entity”, issued by the Institute of Chartered Accountants of India. This Standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. 4. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the Statement has not been prepared in all material respects in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India and has not disclosed the information required to be disclosed in terms of Regulation 33 of the Listing Regulations, 2015 including the manner in which it is to be disclosed, or that it contains any material misstatement. For Price Waterhouse Chartered Accountants LLP Firm Registration Number: 012754N/N500016 Neeraj Sharma Partner Membership Number: 108391 UDIN: 26108391SEOPTT9001 Place: Mumbai Date: August 05, 2026 NEERAJ BALKRISHAN SHARMA Digitally signed by NEERAJ BALKRISHAN SHARMA Date: 2026.08.05 16:51:52 +05'30'
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(Rupees in million, except per share data) Year ended June 30, 2026 March 31, 2026 June 30, 2025 March 31, 2026 Unaudited Refer note 3 Unaudited Audited I Revenue from operations 7,821.13 7,659.83 6,650.84 28,584.54 II Other income 100.32 277.92 96.80 887.41 III Total Income (I + II) 7,921.45 7,937.75 6,747.64 29,471.95 IV Expenses Employee benefits expense 3,605.68 3,307.91 2,995.19 12,612.71 Sales and marketing services 1,146.82 1,553.64 1,344.45 5,838.69 Cost of technical sub-contractors 201.59 230.16 148.70 653.42 Depreciation and amortisation expense 253.64 263.93 202.62 956.18 Finance costs 109.94 83.35 76.75 309.75 Other expenses 830.22 783.21 731.08 2,981.21 Total expenses (IV) 6,147.89 6,222.20 5,498.79 23,351.96 V Profit before exceptional items and tax (III-IV) 1,773.56 1,715.55 1,248.85 6,119.99 VI Exceptional items - - - - VII Profit before tax (V-VI) 1,773.56 1,715.55 1,248.85 6,119.99 VIII Income tax expense 445.73 425.47 319.68 1,539.91 (1) Current tax 468.83 412.28 257.93 1,519.25 (2) Deferred tax (23.10) 13.19 61.75 20.66 IX Profit for the period (VII-VIII) 1,327.83 1,290.08 929.17 4,580.08 X Other Comprehensive Income / (Loss) ('OCI'), Net of Tax 488.39 (737.77) 37.22 (1,150.38) A (i) Items that will not be reclassified to profit or loss in subsequent periods (40.77) (11.56) (45.81) (26.02) (ii) Income tax relating to items that will not be reclassified to profit or loss 10.26 2.91 11.53 6.55 B (i) Items that will be reclassified to profit or loss in subsequent periods 693.41 (974.34) 95.54 (1,511.26) (ii) Income tax relating to items that will be reclassified to profit or loss (174.51) 245.22 (24.04) 380.35 XI Total Comprehensive Income for the period (IX+X) 1,816.22 552.31 966.39 3,429.70 XII Paid up equity share capital (Face value of Rs. 10 each, fully paid up) 919.49 920.30 469.90 920.30 XIII Other equity 11,202.64 XIV Earnings per share: (in Rs.) (not annualised for the quarter) (Refer note 5) (1) Basic 14.43 13.94 9.89 49.44 (2) Diluted 14.22 13.65 9.72 48.26 ECLERX SERVICES LIMITED CIN: L72200MH2000PLC125319 Regd. Office : Sonawala Building, 1st Floor, 29, Bank Street, Fort, Mumbai - 400 023 STATEMENT OF STANDALONE UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED JUNE 30, 2026 Sr. No. Particulars Quarter ended
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Notes : 1 2 3 4 5 6 For and on behalf of Board of Directors Place: Mumbai Kapil Jain Date: August 5, 2026 Managing Director & Group CEO Figures for the previous periods have been regrouped wherever necessary to conform to those of the current period. The financial results of eClerx Employee Welfare Trust have been included in the standalone financial results of the Company in accordance with the requirements of IND AS. While computing basic and diluted earnings per share, weighted average number of equity shares held by trust have been reduced. Further, during the quarter ended March 31, 2026, the Company issued 47,025,359 bonus equity shares. Earnings per Share have been restated for the quarter ended June 30, 2025 to give the effect of bonus equity shares. The statement of standalone unaudited financial results for the quarter ended June 30, 2026 have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on August 5, 2026. There are no qualifications in the limited review report issued by the auditors. These financial results have been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standards (Ind AS) 34 "Interim Financial Reporting" prescribed under section 133 of the Companies Act, 2013, as amended read with the relevant rules issued thereunder. The Company operates under a single reportable segment which is data management, analytics solutions and process outsourcing services. Further, the risks and rewards under various geographies where the Company operates are similar in nature. The figures for the quarter ended March 31, 2026 are the balancing figures between audited figures in respect of the full financial year ended March 31, 2026 and unaudited published year-to-date figures up to December 31, 2025, being the end of the third quarter of the financial year, which were subject to limited review. KAPIL JAIN Digitally signed by KAPIL JAIN Date: 2026.08.05 16:08:48 +05'30' NEERAJ BALKRISHA N SHARMA Digitally signed by NEERAJ BALKRISHAN SHARMA Date: 2026.08.05 16:52:35 +05'30'
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Price Waterhouse Chartered Accountants LLP Price Waterhouse Chartered Accountants LLP, Nesco IT Building III, 8th Floor, Nesco IT Park, Nesco Complex, Gate No. 3 Western Express Highway, Goregaon East, Mumbai 400 063 T: +91 (22) 61197810 Registered office and Head office: 11-A, Vishnu Digamber Marg, Sucheta Bhawan, New Delhi - 110002 Price Waterhouse (a Partnership Firm) converted into Price Waterhouse Chartered Accountants LLP (a Limited Liability Partnershi p with LLP identity no: LLPIN AAC-5001) with effect from July 25, 2014. Post its conversion to Price Waterhouse Chartered Accountants LLP, its ICAI registrat ion number is 012754N/N500016 (ICAI registration number before conversion was 012754N) Review Report To The Board of Directors eClerx Services Limited Sonawala Building, 1st Floor, 29, Bank Street, Fort, Mumbai-400023 1. We have reviewed the consolidated unaudited financial results of eClerx Services Limited (the “Holding Company” including eClerx Employee Welfare Trust) and its subsidia ries (the Holding Company and its subsidiaries hereinafter referred to as the “Group”) (refer to paragraph 4 of the Report) for the quarter ended June 30, 2026, which are included in the accompanying Statement of Consolidated Unaudited Financial Results for the Quarter ended June 30, 2026 (the “Statement”). The Statement is being submitted by the Holding Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the “Listing Regulations, 2015”), which has been digitally signed by us for identification purposes. 2. This Statement, which is the responsibility of the Holding Company’s Management and has been approved by the Holding Company’s Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 “Interim Financial Reporting”, prescribed under Section 133 of the Companies Act, 2013, and other accounting principles generally accepted in India. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (‘SRE’) 2410 “Review of Interim Financial Information Performed by the Independent Auditor of the Entity” , issued by the Institute of Chartered Accountants of India. This Standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. We also performed procedures in accordance with the circular issued by the SEBI under Regulation 33 (8) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, to the extent applicable.
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Price Waterhouse Chartered Accountants LLP Review report on the consolidated unaudited financial results for the quarter ended June 30, 2026 Page 2 of 3 4. The Statement includes the results of the following entities: Relationship Entity Name Holding Company eClerx Services Limited, India Subsidiaries eClerx LLC, United States of America eClerx Limited, United Kingdom eClerx Private Limited, Singapore eClerx Investments (UK) Limited, United Kingdom eClerx Canada Limited, Canada CLX Europe S.P.A, Italy CLX Europe Media Solution GmbH, Germany CLX Europe Media Solution Limited, United Kingdom CLX Thai Company Limited, Thailand eClerx BV, Netherlands Eclipse Global Holdings Inc., United States of America (till November 03, 2025) eClerx PTY Ltd., Australia ASEC Group LLC, United States of America (till October 01, 2025) Personiv Eclipse Inc. (formerly known as Personiv Contact Centers LLC), United States of America Personiv Contact Centers India Private Limited, India AG Resources (India) Private Limited, India eClerx Philippines Inc. (formerly known as AGR Operations Manila Inc.), Philippines eClerx ME Information Technology Consultants LLC, UAE eClerx Switzerland SA, Switzerland eClerx Peru S.A.C., Peru eClerx Egypt, Egypt 5. Based on our review conducted and procedures performed as stated in paragraph 3 above and based on the consideration of the review report of the other auditor referred to in paragraph 6 below, nothing has come to our attention that causes us to believe that the accompanying Statement has not been prepared in all material respects in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India and has not disclosed the information required to be disclosed in terms of Regulation 33 of the Listing Regulations, 2015 including the manner in which it is to be disclosed, or that it contains any material misstatement.
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Price Waterhouse Chartered Accountants LLP Review report on the consolidated unaudited financial results for the quarter ended June 30, 2026 Page 3 of 3 6. The interim financial information of 4 subsidiaries incorporated outside India reflect revenue from operations of Rs. 723.34 million, profit for the period of Rs. 12.49 million, and total comprehensive income of Rs. 14.42 million for the quarter ended June 30, 2026, as considered in the Statement. The interim financial information of the said subsidiaries has been reviewed by the auditor of the said subsidiaries under the International Standard on Review Engagements (ISRE) 2410 “Review of Interim Financial Information Performed by the Independent Auditor of the Entity”, and upon which the subsidiaries’ auditor vide their review report has issued an unmodified conclusion. Our conclusion on the Statement, in so far as it relates to the amounts and disclosures included in respect of the said subsidiaries is based on the review report of the other auditor and the procedures performed by us as stated in paragraph 3 above. Our conclusion on the Statement is not modified in respect of the above matter. For Price Waterhouse Chartered Accountants LLP Firm Registration Number: 012754N/N500016 Neeraj Sharma Partner Membership Number: 108391 UDIN: 26108391YCWWAM5812 Place: Mumbai Date: August 05, 2026 NEERAJ BALKRISHAN SHARMA Digitally signed by NEERAJ BALKRISHAN SHARMA Date: 2026.08.05 16:52:13 +05'30'
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(Rupees in million, except per share data) Year ended June 30, 2026 March 31, 2026 June 30, 2025 March 31, 2026 Unaudited Refer note 3 Unaudited Audited I Revenue from operations 11,523.58 11,072.87 9,345.56 41,170.26 II Other income 178.59 299.36 105.46 997.69 III Total Income (I + II) 11,702.17 11,372.23 9,451.02 42,167.95 IV Expenses Employee benefits expense 7,288.51 6,771.40 5,833.52 25,245.27 Cost of technical sub-contractors 281.05 293.81 198.18 927.87 Depreciation and amortisation expense 496.07 496.55 368.98 1,753.65 Finance costs 148.79 117.40 96.92 421.36 Other expenses 1,301.65 1,173.57 1,072.86 4,468.56 Total expenses (IV) 9,516.07 8,852.73 7,570.46 32,816.71 V Profit before exceptional items and tax (III-IV) 2,186.10 2,519.50 1,880.56 9,351.24 VI Exceptional items - - - - VII Profit before tax (V-VI) 2,186.10 2,519.50 1,880.56 9,351.24 VIII Income tax expense 543.68 622.99 465.06 2,286.55 (1) Current tax 605.21 634.50 434.53 2,359.14 (2) Deferred tax (61.53) (11.51) 30.53 (72.59) IX Profit for the period (VII-VIII) 1,642.42 1,896.51 1,415.50 7,064.69 Attributable to: Shareholders of the Company 1,643.42 1,893.63 1,416.78 7,062.11 Non controlling interest (1.00) 2.88 (1.28) 2.58 X Profit for the period 1,642.42 1,896.51 1,415.50 7,064.69 XI Other Comprehensive Income / (Loss) ('OCI'), Net of Tax 577.01 (174.94) 412.68 339.18 A (i) Items that will not be reclassified to profit or loss in subsequent periods (40.72) 15.47 (46.19) (0.45) (ii) Income tax relating to items that will not be reclassified to profit or loss 10.24 3.23 11.52 7.38 B (i) Items that will be reclassified to profit or loss (net) in subsequent periods 782.01 (438.86) 471.39 (48.10) (ii) Income tax relating to items that will be reclassified to profit or loss (174.52) 245.22 (24.04) 380.35 XII Total Comprehensive Income for the period (X+XI) 2,219.43 1,721.57 1,828.18 7,403.87 Attributable to: Shareholders of the Company 2,220.43 1,714.86 1,829.46 7,397.46 Non controlling interest (1.00) 6.71 (1.28) 6.41 Paid up equity share capital (Face value of Rs. 10 each, fully paid up) 919.49 920.30 469.90 920.30 XIV Other equity 24,693.68 XV Earnings per share: (in Rs.) (not annualised for the quarter) (Refer note 5) (1) Basic 17.86 20.47 15.08 76.23 (2) Diluted 17.61 20.04 14.82 74.42 XIII ECLERX SERVICES LIMITED CIN : L72200MH2000PLC125319 Regd. Office : Sonawala Building, 1st Floor, 29, Bank Street, Fort, Mumbai - 400 023 STATEMENT OF CONSOLIDATED UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED JUNE 30, 2026 Sr. No. Particulars Quarter ended
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Notes : 1 2 3 4 5 6 For and on behalf of Board of Directors Place: Mumbai Kapil Jain Date: August 5, 2026 Managing Director & Group CEO The statement of consolidated unaudited financial results of eClerx Services Limited (the 'Company' including eClerx Employee Welfare Trust) and i ts subsidiaries (the Company and its subsidiaries together hereinafter referred to as the 'Group') for the quarter ended June 30, 2026 have been reviewe db yt h e Audit Committee and approved by the Board of Directors at their respective meetings held on August 5, 2026. There are no qualifications in the limited r eview report issued by the auditors. These consolidated financial results have been prepared in accordance with the recognition and measurement principles laid down in the Indian Accou nting Standards (Ind AS) 34 "Interim Financial Reporting" prescribed under section 133 of the Companies Act, 2013, as amended read with the relevant rules i ssued thereunder. The figures for the quarter ended March 31, 2026 are the balancing figures between audited figures in respect of the full financial year ended March 31, 2026 and unaudited published year-to-date figures up to December 31, 2025, being the end of the third quarter of the financial year, which were subject to li mited review. Figures for the previous periods have been regrouped wherever necessary to conform to those of the current period. The Group operates under a single reportable segment which is data management, analytics solutions and process outsourcing services. Further, the r isks and rewards under various geographies where the Group operates are similar in nature. The financial results of eClerx Employee Welfare Trust have been included in the consolidated financial results of the Group in accordance with the requirements of IND AS. While computing basic and diluted earnings per share, weighted average number of equity shares held by trust have been reduced . Further, during the quarter ended March 31, 2026, the Company issued 47,025,359 bonus equity shares. Earnings per Share have been restated for the quarter ended June 30, 2025 to give the effect of bonus equity shares. KAPIL JAIN Digitally signed by KAPIL JAIN Date: 2026.08.05 16:09:27 +05'30' NEERAJ BALKRISHA N SHARMA Digitally signed by NEERAJ BALKRISHAN SHARMA Date: 2026.08.05 16:51:28 +05'30'