WNS (Holdings) Ltd has reported its fiscal 2026 first-quarter results, showing strong top-line growth but a notable miss on bottom-line expectations. While revenue exceeded analyst forecasts, higher operating costs and acquisition-related expenses weighed on profitability.
Key Highlights From Q1 FY26 Results
- Revenue rose to USD 353.8 million, surpassing the IBES estimate of USD 328.1 million
- Gross profit stood at USD 116.6 million, reflecting healthy service margins
- Operating income came in at USD 33.1 million, below the expected USD 53.7 million
- Profit before tax was USD 32.2 million, missing the IBES forecast of USD 50.8 million
- Net profit after tax declined to USD 21.8 million, significantly under the USD 43 million consensus estimate
Operational Metrics And Strategic Developments
- Adjusted net income was USD 46 million, ahead of internal expectations, supported by revenue growth and favorable currency movements
- The company added six new clients and expanded 28 existing relationships
- Headcount increased to 66,085, with investments in talent and AI capabilities
- Acquisition of Kipi.ai contributed to revenue momentum but added amortization and transaction costs
- WNS repurchased 1.3 million shares during the quarter, signaling confidence in long-term value
Outlook
Despite the earnings miss, WNS remains optimistic about its strategic positioning. The pending acquisition by Capgemini is expected to enhance its AI-led transformation capabilities and global reach.
Sources: Silicon Canals, Business Wire, WNS Investor Relations, Tribune India, Economic Times, Moneycontrol.