Cigniti Technologies Limited has informed the Exchange regarding Board meeting held on July 23, 2025.
Awaiting price reaction for this filing.
Cigniti Technologies' board approved its Q1 FY26 (quarter ended June 30, 2025) un-audited financial results, which were issued with a clean (unmodified) limited review report by S.R. Batliboi & Associates LLP. Consolidated revenue rose to Rs. 5,342 million from Rs. 4,685 million a year ago, and net profit jumped sharply to Rs. 675 million (vs. Rs. 111 million in Q1 FY25), translating to a basic EPS of Rs. 23.94. On the standalone side, revenue grew to Rs. 2,627 million and the company swung back to a net profit of Rs. 448 million from a loss of Rs. 72 million a year earlier. The board also allotted 60,000 equity shares to an employee under the Cigniti ESOP Scheme 2015 and approved a change of Registrar & Transfer Agent from Aarthi Consultants to MUFG Intime India, effective November 15, 2025. Separately, Company Secretary Ms. Naga Vasudha will resign on August 31, 2025, with Mr. Abhishek Dahia taking over from September 1, 2025. The filing also notes progress on the proposed amalgamation with Coforge (which holds 54%), with the revised swap ratio of 1:1 now cleared by stock exchanges and the scheme moving to NCLT filing.
Strong Q1 numbers with revenue growth and a sharp jump in profit make this a positive earnings update for shareholders, though the stock continues to be driven by the ongoing Coforge merger. The leadership and RTA changes are routine administrative updates and unlikely to move the stock on their own.