eClerx Services Ltd has approved a ₹3 billion share buyback via the tender offer route at ₹4,500 per share. The announcement coincides with robust Q2 FY2026 results, including ₹10.05 billion in consolidated revenue and ₹1.83 billion in net profit, reinforcing investor confidence and capital efficiency.
eClerx Services Ltd, a leading provider of business process management and analytics solutions, has announced a significant capital return initiative alongside its Q2 FY2026 financial results. The company’s board has approved a share buyback of up to ₹3 billion through the tender offer route, pricing each equity share at ₹4,500. This move is aimed at enhancing shareholder value and optimizing capital allocation.
The buyback decision comes on the heels of a strong quarterly performance. For the September quarter, eClerx reported consolidated revenue from operations of ₹10.05 billion and a net profit of ₹1.83 billion, reflecting healthy growth and operational efficiency. The company continues to serve a global clientele across financial services, retail, media, and technology sectors.
Key Highlights:
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Buyback Approval: eClerx will repurchase shares worth up to ₹3 billion at ₹4,500 per share via tender offer.
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Strong Q2 Results: Consolidated revenue rose to ₹10.05 billion, with net profit reaching ₹1.83 billion for the quarter.
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Earnings Growth: The company posted a 26.94% increase in net profit year-over-year, driven by margin expansion and cost control.
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Promoter Holding: As of September 2025, promoters held a 53.81% stake in the company.
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Strategic Focus: eClerx continues to invest in automation, data analytics, and digital transformation to drive long-term growth.
This buyback initiative signals eClerx’s confidence in its financial health and commitment to delivering value to shareholders, while its earnings performance underscores resilience in a competitive global services market.
Sources: Business Standard, ScanX News, MSN Money