eClerx Services hits all-time high on ₹300 crore share buyback announcement, Q2 earnings; details investors need to know

In its press release on Friday, October 24, the company said its board has approved the buyback of equity shares through the tender offer route for an amount not exceeding ₹300 crore (Buy Back Size) at a price of ₹4,500 per share (Buy Back Price).

"eClerx empowers the world’s largest enterprises with intelligent operations and insights, providing core business process solutions and data analytics from its global delivery centres," the company says.

Consolidated financial highlights for Q2 FY26

• Operating revenue for the quarter ended September 30, 2025, was ₹1,004.9 crore against ₹831.8 crore corresponding period last year, a YoY increase of 20.8%. In USD terms, operating revenue increased by 16.9% to $115.5 million as compared to $98.8 million last year.

• Total revenue including other income for the period was ₹1,035.2 crore, YoY increase by 22.6%.

• EBIT for the period is ₹255.8 crore, up by 30.5% YoY.

• Profit after tax (PAT) for the quarter ended September 2025 was ₹183.2 crore compared with ₹140.2 crore seen in the previous year, an increase of 30.6% YoY.

• Basic EPS for the quarter ended September 2025 was INR 39.0 as compared to ₹29.7 last year.

• The total delivery headcount as of September 2025 stands at 21,293 – an increase of 18% YoY.

About eClerx Services Ltd

eClerx provides business process management, automation, and analytics services to a number of Fortune 2000 enterprises, including some of the world's leading financial services, communications, retail, fashion, media & entertainment, manufacturing, travel & leisure, and technology companies. Incorporated in 2000, eClerx shares are traded on both the BSE and National Stock Exchanges of India.

The firm employs about 21,400 people across Australia, Canada, Egypt, Germany, India, Italy, Paris, the Netherlands, Peru, the Philippines, Singapore, Dubai, Thailand, the UK, and the USA.

Buyback details

In its filing, eClerx Services said the proposed buyback is subject to approval of shareholders by way of a special resolution through a postal ballot (including remote e-voting) pursuant to Sections 108 and 110 of the Companies Act, 2013, read with rules framed thereunder and all other applicable statutory approvals.

The process, timelines, and other requisite details with regard to postal ballots will be communicated in due course.

The public announcement and other documents in relation to the buyback, setting out the process, record date, timelines, and other requisite details, will also be released in due course in accordance with the SEBI Buyback Regulations.

The Board has noted the intention of the Promoters and members of the Promoter Group of the Company not to participate in the proposed buyback.