<h1>Issuer Q2 $5,076M, modest CC growth; ~21% operating margin, $1.1B FCF; INR18,000Cr buyback, INR23 dividend; FY26 2-3% guidance</h1> The issuer reported Q2 revenues of $5,076 million, modest YoY and QoQ growth in constant currency, operating margin ~21%, strong free cash flow ($1.1bn) and large-deal TCV of $3.1bn; H1 revenue growth and margins were broadly in line. FY26 guidance was revised to 2-3% revenue growth (CC) with margins of 20-22%. The board approved an INR 18,000 crore share buyback and an increased interim dividend of INR 23 per share. Condensed IFRS financials were taken on record at the board meeting. The release included standard forward-looking safe-harbor disclosures identifying execution, regulatory and geopolitical risks.