Enclosed please find a copy of the transcript of the earnings conference call held on July 13, 2026 post the announcement of the financial results for the quarter ended June 30, 2026.

AI summary - Advanced AI revenue grew 10.6% QoQ and 62.1% YoY to $171 million in Q1 FY27 - Total revenue $3.65bn declined 0.5% QoQ, grew 2.6% YoY; operating margin improved 39 bps QoQ to 16.9% - Net new TCV bookings $2.4bn in Q1, highest ever for Q1; mega deal signed post-quarter - AI datacenter business initiated with INR3,500 Cr investment targeting 50 MW capacity long-term - FY27 organic revenue growth guidance 1-4%; margin guidance 17.5%-18.5%, excluding acquisitions - AI strategy progress: 92 clients on AI Force, 23 industry AI solutions, strategic $150m investment in Sarvam - Q1 EBIT margin 16.9%, adjusted 17.5% excluding restructuring; ROIC strong at 40.7% - Interim dividend INR12/share declared; record date July 17, payment July 27 - Multiple analyst queries on AI datacenter economics and margin outlook; management expects margin band 17.5%-18.5% for FY27