Mumbai, Jan. 20 -- On a year on year (YoY) basis, the company's consolidated net profit declined 29.43% while revenue from operations jumped 5.03% in Q3 FY26.

Profit before exceptional items and tax stood at Rs 115.15 crore in Q3 FY26, up 9.32% QoQ and 7.99% YoY. Exceptional item included labour code charges amounting to Rs 35.09 crore in Q3 FY26.

Excluding the impact of labour code charges, profit stood at Rs 90 crore, with PAT margin of 22.5% during the quarter.

Annuity revenue streams, comprising ATS/AMC, support services, and cloud/SaaS and subscription licenses, stood at Rs 250 crore. Subscription revenue amounted to Rs 134 crore, recording a 29% year-on-year growth in Q3, while the SaaS component grew 48% year-on-year during the ...