eClerx Board Approves Buyback, Bonus Issue Amid Strong Q3 Performance

eClerx announced strong Q3 2026 results with revenue from operations at ₹7,361 million. The Board approved a buyback of shares for up to ₹3,000 million and recommended a bonus issue of one share for every share held, pending shareholder approval. The buyback settlement was completed in January 2026 with total buyback expenses of ₹27.53 million. Consolidated revenue stood at ₹10,703.32 million.

Financial Performance

eClerx reported its standalone unaudited financial results for Q3 2026, showcasing a revenue from operations of ₹7,361 million, compared to ₹6,086.26 million in Q3 2025. The profit for the period was ₹1,259.69 million. For the nine months ended December 31, 2025, the revenue from operations reached ₹20,924.71 million with a profit of ₹3,290.00 million.

On a consolidated basis, the company reported revenue from operations of ₹10,703.32 million for Q3 2026, compared to ₹8,538.21 million for Q3 2025. Consolidated profit for the period stood at ₹1,918.08 million. The nine-month consolidated revenue was ₹30,097.39 million, with a profit of ₹5,168.18 million.

Buyback and Bonus Issue

The Board approved a buyback of equity shares through a tender offer route, not exceeding ₹3,000 million, excluding transaction costs. The buyback price was revised to ₹4,800 per equity share. The buyback was completed, extinguishing 625,000 equity shares, with a total expense of ₹27.53 million.

Additionally, the Board recommended a bonus issue of one equity share for every one equity share held, subject to shareholder approval, reinforcing shareholder value.

Impact of Labour Codes

The implementation of new Labour Codes in November 2025 has resulted in an increase in gratuity and leave liabilities, amounting to ₹5.52 million on standalone basis and ₹8.37 million on consolidated basis, reflecting the company’s commitment to employee benefits.

Source: BSE

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